Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum. The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the […]
Continue ReadingBitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800. As the weekly close approaches Bitcoin (BTC) price made a quick move toward $9,300 after spending the past 48-hours struggling to hold above $9,200. Traders would like to see the top-ranked asset on […]
Continue ReadingAs Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company […]
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American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion. Grayscale, a major digital asset management fund, has continued to grow this year, with the total assets under management (AUM) hitting new highs. According to a May 19 tweet, Grayscale’s total AUM hit $3.8 billion, surging […]
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Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
Continue ReadingPopular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million Series F funding at an $8.3 billion valuation. Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million in Series F funding at an $8.3 billion valuation. Publicly announced May 4, the Series […]
Continue ReadingThe crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up. The world is currently witnessing its worst crisis in decades, which dwarfs even the previous financial crisis. Even when traditional asset classes like equities and crude oil are struggling, Bitcoin (BTC) has held out exceedingly […]
Continue ReadingBitcoin bulls recaptured the $9K mark for the second time in 24-hours and this time it looks like traders are targeting the $9.4-$9.6K zone. Bitcoin (BTC) price has risen over the $9K mark for the second time in 24-hours. On Saturday the day bulls managed to push the price of the top listed crypto-asset on […]
Continue ReadingFXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO […]
Continue ReadingWhy hasn’t the Ethereum blockchain found the perfect solution for its scalability problem since 2014, and does one really exist? The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation […]
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