The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend. Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past […]
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Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code. Russian prime minister Mikhail Mishustin has appeared to express support for the further development of the local cryptocurrency market. At a recent governmental meeting held on Nov. 26, Mishustin proposed the introduction of legal protections for crypto holders in the country in […]
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Yearn users will be able to use their strategy pool tokens as collateral for lending. Two days after Yearn Finance (YFI) and Pickle Finance joined forces in DeFi’s first effective merger, Yearn founder Andre Cronje published details of another upcoming integration with Cream, a lending protocol similar to Compound and Aave. The blog post, published […]
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Pickle Finance got hacked so badly on Saturday that its developers asked to be merged into Yearn. Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. On Saturday, we saw one of the most complex smart contract hacks yet affecting Pickle Finance, a yield optimization protocol very similar to Yearn — an […]
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The U.S.-based exchange has told users that they may experience some intermittent delays or errors while transacting. Major United States-based cryptocurrency exchange Coinbase is experiencing “elevated error rates on some backend systems due to an AWS service outage” according to an official post on Nov. 25 shortly after 7:00 pm PST. In an announcement, posted nine […]
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Fresh lows of $16,300 mean that BTC/USD has lost over $3,000 in 24 hours after hitting highs of $19,480. Bitcoin (BTC) has continued falling on Nov. 26 as selling pressure transforms into the biggest losses — in terms of U.S. dollars — since March. Bitcoin price sheds over $3,000 in 24 hours Data from Cointelegraph […]
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Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast. After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26. Having announced the re-opening last week, OKEx then indicated it would be launching […]
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Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs. “The primary reason for the steady grind up in […]
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A Bitcoin price correction to $17,250 fulfills analysts’ expectations as $20,000 all-time highs prove difficult to overcome. Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. BTC price hits $17,250 lows Data from Cointelegraph Markets and TradingView showed BTC/USD experiencing major volatility overnight on […]
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Teams representing the maths and science departments of the universities of Cambridge and Oxford are competing to design cryptocurrency trading algorithms. More than one dozen teams representing the mathematics and computer science departments of Oxford and Cambridge universities are competing to build crypto trading algorithms on major exchanges Coinbase Pro and FTX. According to a […]
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