Category: Uncategorized

Crypto Options Traders Are Still Shorting Bitcoin Volatility
“Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now,” one trader said. Crypto traders typically short volatility by selling or writing call/put options.

Huobi's Stablecoin Reserves Down 30% Amid Reports of Executive Arrests
Data from Nansen.ai shows that users have withdrawn $44.8 million in stablecoins during the last week.

Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment
A public bounty is now open for finding the remaining funds with a $1.8 million reward.

First Mover Asia: Bitcoin Teases K While the Long Wait for an ETF Continues
Trading volume is down, but all signs point to a break-out around the corner.

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

DeFi Definitely Isn't Dead

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner
The filing comes around the same time the firm requested permission to offer a bitcoin-future ETF.

America’s Credit Rating Helps Make Case for Bitcoin
Fitch’s downgrade of U.S. debt this week is a warning to American policymakers and r underscores why Bitcoin and other open monetary systems matter.

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget
The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.

The Psychology of Failure and Its Meaning for Web3 Games
The possibility of not winning is among the motivations for gamers to participate because it gives them the opportunity to learn and improve.