There are several clear signs that investors can watch out for to protect themselves from rug pulls such as the liquidity not being locked and no external audit having been conducted. The following are six signs users should watch out for to protect their assets from crypto rug pulls. Unknown or anonymous developers Investors should consider the credibility of the … [Read more...] about What is a rug pull in crypto and 6 ways to spot it
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Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
Tesla and SpaceX founder and CEO Elon Musk urged McDonald’s to accept Dogecoin as payment, posting a tongue-in-cheek dare on Twitter.The pressure is on, with all eyes on the fast-food chain now, which, thus far, hasn’t been accepting crypto payments–outside of El Salvador.Committing to a happy meal on tv“I will eat a happy meal on tv if McDonald’s accepts Dogecoin,” wrote the … [Read more...] about Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
While a correlation between equities and crypto has become more apparent during the last year, Singapore’s QCP wrote that there is a limit to this correlation because of the increasing importance of the crypto options market.As the bitcoin and ether markets followed the bearish sentiment of the equities market as the week began, bitcoin and ether tumbled below $40,000 and … [Read more...] about Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
WisdomTree Adds Bitcoin Futures Exposure to Fund, Refiles for Spot ETF
“We’ve said that for a 100% bitcoin fund, we prefer the spot. We have not filed for a 100% futures [fund]. For a 3% to 5% position, we think that futures are a reasonable access tool. But for a 100% position, we think that you want the spot,” said Schwartz. “We’re making our filings as strong and compelling as possible, and you’ve got to get over the different issues from the … [Read more...] about WisdomTree Adds Bitcoin Futures Exposure to Fund, Refiles for Spot ETF
SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal
The Securities and Exchange Commission (SEC) has extended the time period for ruling on NYDIG’s proposal for a spot bitcoin ETF by 60 days in order to have “sufficient time to consider the proposed rule change and any comments received.”The SEC’s original deadline was Jan. 15, so now it has until March 15 to make a decision.In recent months, the SEC has rejected spot bitcoin … [Read more...] about SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal