In a now-classic move, Bitcoin abandoned higher levels just briefly to fill a gap left between two futures trading sessions this weekend. Bitcoin (BTC) fell below $10,000 on Feb. 10 as sudden volatility saw markets abandon five figures just a day after reaching them. Data from Coin360 and Cointelegraph Markets showed BTC/USD dipping to lows […]
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Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt. In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other […]
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After almost six months of waiting, Bitcoin investors get treated to $10K once again, as BTC/USD caps year-to-date returns of nearly 40%. Bitcoin (BTC) briefly hit $10,000 on Feb. 8, capping a momentous first month of 2020 to reach its highest level since October last year. BTC seals $10K after three months Data from Coin360 […]
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Binance continues futures trading platform expansion, adding BNB to the mix. Crypto exchange unicorn Binance will launch Binance Coin (BNB) futures trading on Feb. 10. As the 17th cryptocurrency available on Binance’s futures trading branch, BNB comes with 50x leverage, paired against Tether’s USDT stablecoin, Binance detailed in a Feb. 7 press release provided to […]
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Crypto exchange FTX launches TRUMP futures trading, letting users bet on the upcoming U.S. presidential elections. Crypto derivatives exchange FTX recently launched “TRUMP,” a new futures trading product that lets users bet on President Trump’s re-election in 2020. TRUMP “is a futures contract that expires to $1 if Trump wins the 2020 presidential general election […]
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Most major cryptocurrencies are nearing stiff resistance levels, which can result in a few days of consolidation or a minor correction. The institutional investors have maintained their bullish stance on Bitcoin. Though the spot price is yet to hit $10,000, CME Bitcoin futures have already reached the five-figure mark. Additionally, the Bitcoin futures open interest […]
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Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin daily confirmed transactions are soaring to levels not seen since September. Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates 315,370 daily […]
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CME Bitcoin futures investors were trading the equivalent of $10,000 per Bitcoin as weekly gains top 5%. Bitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still. Bitcoin 7-day price chart. Source: Coin360 CME reaches $10K per Bitcoin Data from CME Group’s Bitcoin […]
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BitMex Open Interest hits a new high at $1.5 billion as Bitcoin traders attempt to push the price above the $9.8K resistance. The bullish sentiment continues to build in the crypto market as numerous altcoins post double-digit gains on a daily basis. Bitcoin’s spot price (BTC) on crypto exchanges also continues to push higher with […]
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As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt. Bakkt’s app will host a bevy of assets, such […]
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