BITCOIN

The world of structured products is set to undergo tremendous changes. Decentralizing these investment vehicles introduces modularity that would otherwise remain inaccessible. Struct Finance has secured $3.9 million in seed funding to usher in the era of decentralized structured products. Takes A Different Approach It is no secret that decentralized finance remains one of the most appealing concepts of blockchain and cryptocurrency today. The industry has grown from small beginnings and now represents over $220 billion in Total Value Locked. Users are drawn to these protocols, products, and services in search of high yields, composability, and the removal of intermediaries. However, there is a need for ongoing innovation in the space, especially for institutional-grade products. Decentralized structured products may be the next catalyst to fuel broader mainstream DeFi participation. Unlike their traditional counterparts, the products under the Struct Finance banner give users customi

Bitcoin started a downside correction below $41,200 against the US Dollar. BTC must stay above the $40,000 support to start a fresh increase. Bitcoin started a downside correction below the $41,200 support zone. The price is trading below $41,400 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $41,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $40,000 support zone to remain in a positive zone. Bitcoin Price Consolidates Bitcoin price started a downside correction after it failed to clear the $42,500 resistance zone. BTC declined below the $42,000 level to move into a short-term bearish zone. There was a clear move below the $41,500 support zone and the 100 hourly simple moving average. The decline gained pace below the $41,200 support zone. Finally, it tested the 50% Fib retracement level of the key increase from the $38,808 swing low to $42,368 high. The bulls were ac

We’re back with a new week of Nightly Mint material, as Hollywood stars make headlines for all the right (and wrong) reasons. Sylvester Stallone is taking his film career to non-fungible tokens, and Floyd Mayweather is back at it again. All in a Monday’s worth of NFT action. Let’s dive into today’s action. The Nightly Mint Latest Mint: Sylvester Stallone According to a report first released by Deadline, Stallone is minting 9,997 generative NFTs, titled ‘SLYGuys,’ as part of a ‘PlanetSLY Collection.’ Additionally, the most premium tier of the NFTs will offer dinner with the Hollywood legend, as well as virtual movie screenings, exclusive events, and more. The NFTs will be minted on Ethereum and are expected to release within the next month. Related Reading | Cardano Completes Network Upgrade, ADA Reacts To The Upside Like much of the market, Ethereum (ETH) is trending upwards recently; the blockchain continues to be many project's 'blockchain of choice' in the NFT lands

Video gamers have always loved user-generated content (UGC) and its art of self-expression. Although UGC has been around in video games for decades, it hasn’t always been as welcomed as it is in today’s market. Some of the early forms of UGC were ‘Mods,’ which were in-game changes of an existing video game created by players and typically disseminated through more under-the-radar channels like third-party forums. Currently, UGC-based games and platforms have evolved into being the world’s most popular digital products, ranging from games like Fortnite and Minecraft (both of which have implemented UGC-based techniques) to platforms like Minecraft which is one of the largest industry leaders with a UGC-centric business model with over 200 million copies sold to date. All of this phenomenal growth demonstrates that people want to purchase, trade, and exchange game items aggressively, as seen by Fortnite and Call of Duty’s billion-dollar sales. However, developers have not been able to s

Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency exchange Binance sent a letter to the Ontario Securities Commission (OSC) Wednesday. In the letter, Binance listed a few commitments to the OSC, including “ceasing opening new Ontario accounts,” “ceasing trading in existing Ontario accounts, with exceptions to protect investors, along with winding down its businesses in certain products,” and “providing fee waivers and offering fee reimbursement to certain Ontario users.” In addition, Binance will also make reports to OSC staff and retain an independent third party to ensure the effectiveness of its efforts to implement its commitments. Binance decided to withdraw its services from Ontario in June 2021. The exchange told Ontario users