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21Shares' CETH integrates Chainlink Proof of Reserve to increase transparency
21Shares' CETH integrates Chainlink Proof of Reserve to increase transparency

21Shares has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH).

The Block·2024/07/29 14:19
Ethereum Open Interest Rises $1.5B in 3 Weeks, What Does This Mean?
Ethereum Open Interest Rises $1.5B in 3 Weeks, What Does This Mean?

The crypto market could witness another plunge in open interest any moment from now because as leveraged trading rises, so do the chances of liquidations.

Cryptopotato·2024/07/29 14:04
The spot Ethereum ETFs' first week by the numbers
The spot Ethereum ETFs' first week by the numbers

The new U.S. spot Ethereum ETFs got off to a contrasting start last week, with over $1 billion of net inflows into eight of the funds overwhelmed by $1.5 billion in net outflows from Grayscale’s ETHE.Excluding ETHE, the Ethereum ETFs generated around 40% of the net inflows witnessed by the Bitcoin ETFs following their launch in January, excluding GBTC.

The Block·2024/07/29 12:08
Hong Kong Joins Bitcoin Reserve Debate, Legislator Calls for Consideration
Hong Kong Joins Bitcoin Reserve Debate, Legislator Calls for Consideration

A prominent Hong Kong lawmaker has reacted to comments from US presidential candidate Donald Trump over the weekend, proposing a similar concept for the Asian city-state.

Cryptopotato·2024/07/29 12:07
Flash
22:41
According to CME "FedWatch": there is a 96.4% probability that the Federal Reserve will keep interest rates unchanged in June, and a 3.6% probability of a cumulative rate cut of 25 basis points.
The probability that the Federal Reserve will keep interest rates unchanged until July is 88.5%, the probability of a cumulative rate hike of 25 basis points is 8.2%, and the probability of a cumulative rate cut of 25 basis points is 3.2%.
22:41
US Stock Alert | Quantum computing company Quantinuum Inc (QNT.US) debuts on the US stock market, closes with a slight increase of 0.63%
The IPO price is $60. The company was founded in 2021 through the merger of Honeywell’s quantum computing division and the UK’s Cambridge Quantum. Quantinuum positions itself as a “full-stack quantum computing platform,” covering both hardware and software. Its clients span the pharmaceutical, materials science, financial, government and industrial sectors, including JPMorgan and Amgen.
22:35
CME CEO expresses serious concerns about the new "perpetual contracts"
Golden Ten Data reported on June 5 that Terry Duffy, CEO of CME Group, expressed that he is "very concerned" about the rise of so-called "perpetual futures." Perpetual futures are an increasingly popular financial contract that recently received key regulatory approval in the United States. Duffy pointed out that "perpetual contracts" have almost no practical use for institutional investors, yet they expose retail traders to excessive risk. Duffy stated: "I have serious concerns about the structural design of these contracts. I do not want to see people who lack an understanding of the product end up being forced out due to liquidation, as they should not be participating in such contracts in the first place."
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