As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance […]
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The wait for Bitcoin’s next big price move is nearly over, and the next few days will signal which direction that will be. “What’s the price of those Bitcoin’s you keep talking about?” a friend asks me. I look at my phone and it’s still averaging around $9,200. “About the same as last month mate,” […]
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The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry. The COVID-19 crisis has brought many new users to the world of cryptocurrencies. One of the main concerns for users, however, is whether their bank cards may be blocked due to the purchase of a cryptocurrency, […]
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CBDCs are one of the hottest topics in the fintech space, but as their inception comes closer, serious privacy concerns come with it. Central Bank Digital Currencies, or CBDCs, have been an increasingly popular topic in the cryptosphere and financial world as a whole, especially with the onset of the COVID-19 crisis. In the United […]
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Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions. U.K. based cryptocurrency exchange Cashaa reported hackers took more than 336 Bitcoin. The company has stopped all the crypto-related transactions, however, prima facia users are not affected by this hack. In a media brief shared […]
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Even though Bitcoin price has shown some weakness, key support levels are holding as BTC prepares for another shot at $10,000. The price of Bitcoin (BTC) has been showing weakness throughout the week. However, the key support level is holding up, and this triggered the continuation of many altcoins such as Tezos (XTZ) and Algorand […]
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Cryptocurrency adoption is inevitable, but without strengthening our approach to user education, the process will be slow. Only with increasing difficulty can one recall a time when the majority of the world was yet to adopt the internet. In 1995, user adoption of the internet had only reached 10% of American households, five years after […]
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Is it even fair to compare Bitcoin to younger versions of tech giants like Apple? A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s (BTC) price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar […]
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The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners. According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below […]
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Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March. 169,376 BTC was held on Japanese exchanges, up more […]
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