Cryptocurrency News

In June the volume of perpetual contracts on shares of companies before they go public (pre-IPO perpetual futures) on crypto exchanges reached roughly $12 billion — that is 6,000 times more than in March. The reason for the spike is traders' desire to gain access to the largest technology companies. The share of perpetual pre-IPO contracts in crypto stock trading reached 55% Perpetual…

The basis of the long-term value of altcoins is now determined not by narrative but by real business, revenue and a link to global financial trends. This conclusion was reached by CryptoQuant founder Ki Young Ju. He published a thread reconsidering his view of this market segment. Which altcoins Ki Young Ju considers viable Ki Young Ju identified three categories of tokens…

Senators Ruben Gallego and Cynthia Lummis came forward with a resolution to ban a pardon, amnesty and any other reduction of sentence for former FTX exchange CEO Sam Bankman-Fried. They stated that he did not deserve release and pointed to the absence of any signs of remorse. As a reminder, Bankman-Fried filed an official pardon request with the administration of the U.S. president…

Former FTX CEO Sam Bankman-Fried (SBF) has allowed for the launch of his own coin after he gets out of prison. New York Magazine writes about this, citing the entrepreneur's cellmates and acquaintances. When former inmate David Bunevacz asked SBF about his plans after release, he replied that "making serious money will require between $50 million and $100 million." The businessman…

Investment company VanEck has published an analysis of the transformation of bitcoin miners into infrastructure providers for artificial intelligence and high-performance computing (HPC). Analysts concluded that the market increasingly values mining companies not as a cryptocurrency business but as operators of data centers for AI. However, between the ambitious…