Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).
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Anti-riot police officers used tear gas and water cannons to disperse protesters and a car was set ablaze during the demonstrations.
Consumers in Asia-Pacific are the biggest users of digital wallets as physical cards and cash usage continue to decline, according to the a report by Worldpay.
The Fed expects to cut rates only once this year, down from the three quarter-point reductions projected after slow progress towards its inflation target.
Revolut has purchased a 10-year lease for a new global headquarters in the YY London building in the center of Canary Wharf.
"Investors are now in the AI mindset," the CEO of Nium told CNBC. "Like, whatever it costs. I want in on AI. They're going to burn a lot of money."
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
Only 10% of UK workers were found to be engaged at work, a Gallup report found.
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.
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