Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day. 2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as […]
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As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Dec. 31 letter is in response to the Treasury’s recent proposal to make registered crypto businesses […]
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The settlement repeats the Treasury’s message that crypto companies will need to know their customers. The U.S. Treasury has settled with BitGo over charges that it facilitated users in sanctioned areas to transact using its crypto wallet services between 2015 and 2019. BitGo, an institutional crypto custodian service and wallet operator, did not do due […]
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Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices. On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by […]
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Aavegotchi sent the crypto user donations from more than 200 deposits for Christmas Day. A crypto user who lost roughly $50,000 from a smart contract mistake before the holidays is thanking the crypto community for donating $11,000 to help recover the loss. Earlier this month, Github user dawidkabani13 said he had accidentally sent 4,005 Chainlink […]
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The monthly RSI of Bitcoin has surpassed 80, which has historically led to larger rallies in the past. The monthly relative strength index (RSI) of Bitcoin (BTC) shows the dominant cryptocurrency is primed for another rally. Is 2021 an ideal time for a Bitcoin rally? The RSI is a momentum indicator that measures whether an […]
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The increasing conflict between regulators and digital currencies doesn’t seem to slow down BTC. In a period filled with holidays, the cryptocurrency industry refused to take a day off. Strong market performances from Bitcoin (BTC) and some other high profile alt-coins like Ether (ETH,) was offset by the legal action against Ripple by the United States Securities […]
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High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show. Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible to segregate institutional investors from individual investors through on-chain data. […]
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A Christmas full of cheer for hodlers tops out above $28,000, amid warnings that Bitcoin is already in regulators’ crosshairs for 2021. Bitcoin (BTC) has had a week like no other, hitting fresh record highs of $28,400 and staying near the top — what’s next. As markets return to digest a wild Christmas, Cointelegraph presents […]
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An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money’s on the line. While wild price action on Bitcoin and Ethereum have claimed the attention of most traders over the Christmas weekend, a select sect of crypto traders are following an experiment playing out in real-time that may have implications for […]
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