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BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s newsdesk reported on CME Group capturing the lead as far as open interest in bitcoin futures. Today, that’s no longer the case, as Binance has jumped ahead of the pack as far as delivering futures derivatives products for BTC. Skew.com analytics indicates that Binance is…

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Moore Cayman Confirms Tether Stablecoins Are Completely Backed

According to new sources, the Tether stablecoin’s parent company, Tether Holdings Ltd, has recently undergone an audit from an accounting firm amidst the absurd numbers that the stablecoin was pulling off consistently, which didn’t much make sense. Tether’s Pledge Tether currently stands at the top of the list of stablecoins. Its company recently submitted a report in which the company highlighted to provide full transparency of their assets, holdings and also provide information on the backing of their reserves. But things went south as the audit finally revealed the truth to the public. According to the information provided by Tether…

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Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion

The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion On March 24, Blockchain.com CEO Peter Smith announced that the company was pleased to announce a new Series C financing round. The company has raised $300 million from investors and Blockchain.com’s post-money valuation has increased to $5.2 billion. Smith detailed on Wednesday that the funding stemmed from partners such as VY Capital, Yuri Milner’s DST Global, and Lightspeed Venture…

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Russia’s New Crypto Analytics System to Track Dash and Monero

Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins.Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is reportedly planning to build a new analytics platform for tracking cryptocurrency transactions via artificial intelligence, or AI.Dubbed “Transparent Blockchain,” the new system is designed to track the movement of digital financial assets and identify crypto service providers to fight illicit activity related to digital assets, local…

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