After surging to $7,700, Bitcoin price trades sideways but traders expect a riveting weekly close. Today Bitcoin (BTC) price briefly popped above $7,700, suggesting the reminder of the weekend, along with the weekly close will provide higher than normal levels of excitement. The move to $7,708 was short lived but nearly set a higher high […]
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Recent turbulence has brought traditional tools such as circuit breakers to the forefront of crypto community discussions. Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, […]
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Central banks affect decentralized finance, and decentralized finance affects central banks. Which could benefit from this ideological war? Philip Coggan, a British business journalist and news correspondent who writes for The Economist, once mentioned, “Modern money is debt and debt is money.” Few would disagree with this claim. Yes, the vast majority of money circulating […]
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Bitcoin price surged by 10 percent in 24 hours, but three factors suggest that the rally itself may be a fakeout. The Bitcoin price increased by more than 10% in a 24-hour span, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC is showing all three signs that the upsurge was […]
Continue ReadingWeiss Crypto Ratings rate Cardano, Tezos and Cosmos above Bitcoin and Ether based on their technology. In the latest figures released by financial rating agency Weiss Crypto Ratings this week, Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) are the top coins by in the “technology” category, ranking above Bitcoin (BTC) and Ether (ETH). […]
Continue ReadingCryptocurrency exchange BitMEX launched a new Ether -based futures contract on its trading platform. Cryptocurrency exchange BitMEX announced a new Ether (ETH)-based futures contract on its trading platform. According to an April 24 announcement, the new derivative contract will feature a fixed Bitcoin (BTC) multiplier which will be unaffected by the Ether price in U.S. […]
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Blockchain fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team that drew the French star player Nabil Fekir to La Liga last summer. Blockchain-based fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team that drew the French star player […]
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Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. According to an announcement on April 23, Bundle now allows its users to request, send and receive cash or crypto from their peers […]
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Bitcoin price continues to flash bearish signals but Ether’s bullish trend may prevent a BTC downtrend. Ether price has rallied 114% since March 13 and the altcoin could be on the verge of rallying higher. Increased activity on the Ethereum blockchain and the approaching ETH 2.0 launch appear to be bolstering Ether price and these […]
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The on-chain activity for stablecoins has increased 800% in the last 12 months. The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst. This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for all stablecoins ranks third in […]
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