Marc Bhargava, co-founder of crypto prime broker Tagomi, blames margin calls for the current selloff. A prime crypto broker blames margin calls on non-crypto assets for the current crypto market slide. Marc Bhargava, co-founder of Tagomi (which has recently joined the Libra Association), shared his explanation of the current market downturn with Cointelegraph. Since Tagomi […]
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The crypto markets have turned down sharply over the weekend and are threatening to wipe out all the gains made in 2020. Crude oil prices plunged about 30% on Monday to the lowest levels seen since Feb. 2016. This triggered a sell-off in global equity markets, which were already reeling under the pressure of a […]
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The Investigative Committee of the Republic of Belarus plans a legal initiative that would allow the authority to confiscate crypto from criminals. Amid countries increasingly auctioning Bitcoin (BTC) seized in law enforcement actions, some jurisdictions are fighting for authorization to confiscate crypto. A state authority in Belarus wants lawmakers to authorize them to seize cryptocurrencies […]
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Financial services giant Morningstar valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Financial services giant Morningstar has valued the securities of U.S. restaurant chain Fatburger — the first Ethereum-based security ranked by the firm. Forbes reported on Mar. 8 that Fatburger‘s $40 million business securitization valued […]
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Subsequently after experiencing a major outage last week, stock and cryptocurrency trading app Robinhood is down again. After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again. Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by […]
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Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey’s role as CEO of the social media network. Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey’s role as CEO of the social media network. Following the deal closure — which considers […]
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Bittrex Global has announced the roll-out of support for credit card purchases, conditional orders on its mobile app, and a referral program. Bittrex global has announced the introduction of new features on its platform, including credit card support, a referral program, and upgrades to its mobile app. Credit card support will see an initial roll-out […]
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The crypto community continues to help fight the coronavirus, with Binance Charity donating new batches of medical supplies to medical institutions. The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers. On March 9, Binance Charity announced the completion […]
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Recent studies have shown the Lightning Network is struggling, but are these teething problems or longer-term issues? For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that […]
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Bitcoin price has plunged along with traditional markets while gold is weathering the coronavirus panic better than most assets. A bloody Monday for the equity and oil markets, as Europe stock markets are dropping by 8%, while oil has seen a drop of 30%. But it’s not only equity markets as the crypto market is […]
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