7 confusing crypto terms (almost) nobody understands

    Getting to grips with cryptocurrency isn’t easy. Even after you’ve got your head around Bitcoin and Ethereum and the difference between proof-of-work and proof-of-stake, there’s still a whole new world of terminology to learn and understand. But even among fairly hardened cryptonians, there are still terms that are difficult to understand. Here are the seven…

    Crypto Fear & Greed Index jumps back into greed territory

    The Crypto Fear & Greed Index has reached its highest point since July, spending two consecutive days above a score of 60. The index’s Sept. 28 update showed a score of 64, placing it within the “Greed” territory as the Bitcoin price briefly touched the $66,000 mark, according to CoinMarketCap. The Crypto Fear & Greed Index was…

    US Bitcoin ETFs raked in $1.1B this week, most since mid-July

    The United States spot Bitcoin exchange-traded funds raked in more than $1.1 billion this week, making it the largest week of inflows since July 15-19. It included $494.4 million on Sept. 27 — the best-performing day since June. 4, according to Farside Investors. The solid day came one day after the spot Bitcoin ETFs tallied $366 million on Sept….

    Global crypto trading competition adds DEX trading for 2024 iteration

    Bybit’s World Series of Trading 2024 global crypto competition will kick off in early October, bringing DEX trading for the first time along with a large pool of prizes. The crypto industry is driven by the concept of “coopetition,” where cooperation and competition go hand in hand. This unique blend establishes an environment where decentralized finance…

    Hong Kong to align crypto OTC derivative rules with European standards

    Two top-level Hong Kong financial regulators have co-announced their intent to adopt reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives. On Sept. 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) shared a plan to bring their OTC reporting requirements up to global standards…

    $1.1B TIA token release to push October’s crypto unlocks to almost $2B

    Almost $2 billion in tokens from major projects will be released in October, with 175.75 million Celestia tokens — worth $1.1 billion in current market prices — accounting for a huge chunk of the month’s total unlocks. According to crypto vesting tracker DropsTab, $1.1 billion Celestia tokens will be unlocked on Oct. 31. The tokens…