Katheer Project News and Announcements

BTC dipped to $43,000 during the day following its breakneck climb to near $45,000 earlier this week, suggesting that traders took some profits after the largest crypto’s breakout from $38,000 a week ago. Recently, bitcoin was changing hands at around $43,300, down 1.1% over the past 24 hours. Source link

For advisors and their clients, on-chain products offer simple, diversified, accessible exposure to some of the most important themes in digital assets. For now, many of these themes (like DeFi, the Metaverse, crypto, or liquid staking) are not widely available off-chain. Furthermore, these products are available to previously underserved constituencies globally (except in jurisdictions that…

Derivatives are usually leveraged instruments, allowing traders to take bullish (long) or bearish (short) positions worth more than the amount they have deposited as a margin at the exchange. Leverage is a double-edged sword, magnifying both profits and losses. It also exposes traders to liquidations, or forced unwinding, due to margin shortfalls. Furthermore, mass liquidations…

Republican leadership contender Vivek Ramaswamy got the first crypto question. Source link

Binance, which pleaded guilty to three charges, including one sanctions-related charge, has to allow monitors who can report back to the Department of Justice and the Treasury Department as part of its plea deal, which also saw it agree to pay a massive $4.3 billion fine. Richard Teng, a former director at Binance, has taken…

History shows there’s likely a bright year ahead for BTC’s price. Source link

Funding rates on several exchanges have surged to an annualized 50% or more, indicating a steep premium in perpetual futures relative to spot prices, Velo Data data show. Positive rates indicate investor preference for long, or bullish, bets and reflect collective optimism that prices will likely increase. Source link

BTC just hit $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are buying. Source link

The AEUR-USDT pair was trading at around $1.08 for the most part of the day, roughly in line with the EUR-USD exchange rate at the time, Binance trading data shows. The token started to rise sharply at around 17:45 UTC with high volumes, hitting a high of $3.25. Source link

“There’s a common assumption that enforcement actions in the crypto or digital assets ecosystem connote bad actors or bad conduct. Admittedly, there is plenty of evidence to support this assumption,” Johnson said, but added that, in Binance’s case, “the matter and the resolution of the litigation did not involve any allegation of fraud or similar…