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November 10, 2021

Picture of a bitcoin in front of a market chart

Institutional Bitcoin Open Interest Plummets, But Why?

[ad_1] Institutional investors had FOMO’d into bitcoin with the release of the first Bitcoin ETF. This enthusiasm quickly died down the week following the approval as trade volumes plummeted. The record opening was quickly replaced by lackluster momentum that saw institutional investors pull out of the market, likely owing to the asset touching a new […]

Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network

Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network – Altcoins Bitcoin News

[ad_1] The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin […]

ENS’ director of operations says that DAO-based governance ‘has always been the plan’

ENS’ director of operations says that DAO-based governance ‘has always been the plan’

[ad_1] On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem. Cointelegraph spoke with Brantly Millegan, ENS’ director of operations, to learn more about the nonprofit’s decision to shift […]