An options contract tracking Bitcoin’s daily volatility saw a 25% 30-day trading volume increase on crypto derivatives exchange. Move, an options contract which tracks Bitcoin’s (BTC) daily volatility, recently saw a 25% 30-day trading volume increase on the crypto derivatives platform, Delta Exchange. According to an announcement which Delta Exchange sent to Cointelegraph on April […]
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The capitalization of the tokens underpinning DeFi projects has reclaimed $1 billion, while the value of total funds locked up is $703 million. The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion. The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap […]
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After recovering much of its price losses from last month, Bitcoin’s technical fundamentals are also leaving its March crash behind. Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash. According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average […]
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According to crypto analytics firm Messari, XRP was the worst performing large cap token in 2019 — and this year isn’t shaping up any better. Ripple’s native token XRP was the worst performing large cap token in 2019 — and 2020 isn’t looking much better so far. Crypto analytics firm Messari this week released data […]
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The crypto-based emergency app has seen its popularity explode amid the coronavirus crisis. Crypto-based emergency app Guardian Circle has seen a huge surge in monthly downloads due to the coronavirus crisis. According to figures supplied by the project to Cointelegraph, more than 5150 new users downloaded the app in March. That represents monthly growth of […]
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Bitfinex’s coffers hold 66,000 fewer Bitcoin than they did four weeks ago. Does the increase in its Ether holdings make up for the loss? Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks. On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to […]
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Binance Coin rallied 151% since the crypto market crash on March 13 but will next week’s Binance IEO lead investors to push BNB prices even higher? Since dropping to a 2020 low at $6.34 on March 13, Binance Coin (BNB) has been on an absolute tear, gaining 151.48% to reach a 4-week high at $15.93. […]
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Most major cryptocurrencies are attempting to bounce off their immediate support levels, which is a huge positive as it suggests buying on dips. Famed investor Mike Novogratz believes that additional crypto adoption and more drastic central bank actions will benefit Bitcoin. The Galaxy Digital CEO said that hedge funds and high-net worth individuals have been […]
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Binance’s CEO has revealed that the exchange puts 25% of its profits towards investment opportunities each year. The chief executive of major cryptocurrency exchange Binance, Changpeng Zhao — often known as CZ — has revealed that the firm diverts a quarter of its profits into investment opportunities. Zhao’s comments follow Binance’s completion of several recent […]
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Coinbase identifies derivative arbitrage and stablecoin speculation opportunities created amid the recent crash. Despite the volatility of the March 12 – 13 crypto market meltdown, Coinbase has identified several unusual methods through which traders were profiting amid the chaos. The crash saw rare profits being generated through ‘crypto-and-carry’ derivatives arbitrage, stablecoin speculation, and the failure […]
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