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Latest from Parikshit Mishra
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.

Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit
The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC.

Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application.

Cardano's ADA Paints 'Death Cross' Amid Regulatory Uncertainty
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.

Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform
The market for climate insurance is estimated to triple in the next decade.

Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds
The hackers, believed to be North Korean hacking group Lazarus, have been using cross-chain bridges and liquidity protocols to mix stolen funds.

Alibaba's New Chairman Will Be Crypto-Friendly Joseph Tsai
Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”

First Ever Canadian Bitcoin Conference Wraps Up in Toronto
The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter regulation of Canadian exchanges.

Crypto Investment Products Witness 9th Straight Week of Outflows: CoinShares
Altcoins witnessed inflows totalling $2.4 million, according to the report.

Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Terra executive Han Chang-Joon.
