BTC/USD is just ten days from seeing 9 weeks of back-to-back green candles for the first time in its history as the battle for $10,000 continues. Bitcoin (BTC) is just days from sealing the longest weekly bull run in its history, as markets continue to push for $10,000 support. Data from Cointelegraph Markets, CoinMarketCap and […]
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The most profitable trader on Bitfinex disappeared after the Bitcoin price hit $10K in a stunning 150% rally since the Black Thursday crash. The biggest whale on Bitfinex known to the Bitcoin (BTC) community as Joe007 vanished, as the price of the top-ranked cryptocurrency by market capitalization hit $10,000. Joe007 left with a farewell letter […]
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Paul Tudor Jones, the billionaire founder of hedge fund Tudor Investment Corporation, reportedly revealed that Bitcoin is part of his portfolio. Amid the ongoing coronavirus pandemic, inflation is collapsing all over the world. In order to hedge against the inflation risks, some billionaire investors are buying Bitcoin (BTC). Paul Tudor Jones, the billionaire founder of […]
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After a meteoric rise, DeFi has suffered several high-profile setbacks. The question is not about whether it will recover, but what needs to be done to ensure recovery. The “hack” of the DAO runs deep into the collective memory of the cryptocurrency community. After an extremely successful crowdfund in May 2016, the DAO lasted a […]
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Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets. As noted by institution-focused crypto analysis company Arcane Research on May […]
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The derivatives platform for Bitfinex cryptocurrency exchange is launching a new perpetual swaps product today that enables traders to speculate on Bitcoin dominance. The derivatives platform for Bitfinex cryptocurrency exchange is launching a new perpetual swaps product today, May 6, that enables traders to speculate on Bitcoin (BTC) dominance. Dominance, which refers to Bitcoin’s share […]
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The battle to secure $9,000 as support grinds on as an ever-critical Schiff claims that the “collapse” of Bitcoin is not far away. Bitcoin (BTC) rose to take $9,000 yet again on May 6 as the mission to create new support levels continued. Cryptocurrency market daily overview. Source: Coin360 Analyst: BTC “doing well” even with […]
Continue ReadingThe DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses. The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24 […]
Continue ReadingIt’s time for the crypto industry to mature as the world desperately needs a brand new “global digital asset economy.” Last month’s assault on the global economy and Bitcoin’s (BTC) subsequent crash — the worst in seven years — have been the object of much discussion, with critics questioning the leading cryptocurrency’s potential as a […]
Continue ReadingBitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes […]
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