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Digital Assets

Everyone has the perps convergence backwards

Perpetual futures, or “perps,” are the largest market crypto has built, and they are quietly reversing the story everyone tells about convergence. Crypto is described as maturing toward traditional fi…

Altcoins Overtake BTC in Binance Trading Volume

Altcoins now account for more than 60% of trading volume on Binance, while Bitcoin’s share has fallen to 22% and Ethereum’s to 18%. Spot Bitcoin trading volumes have dropped to levels last seen after …

BlackRock Bitcoin ETF Records $122.7 Million Outflow

BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded a $122.7 million net outflow on July 31, according to Farside Investors. The redemption represented about 1,948 BTC sold by IBIT inv…

US Is Banning Foreign Robots—Even Roombas

The U.S. government earlier this week announced an import ban on "advanced robotic devices" from foreign countries, with its sights set specifically on China. But it's not just humanoids the governmen…