The price of Bitcoin surged past $11,000 but it might be too early to expect a significant rally to begin. Within the last hour, the price of Bitcoin (BTC) surpassed $11,000 across major exchanges, including Coinbase and Binance. This comes after nearly two weeks of low volatility as the cryptocurrency market remained stagnant and Bitcoin […]
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Bitcoin futures market funding rates show traders are heavily shorting BTC, causing a short squeeze. Since Sep. 5, many trades in the Bitcoin (BTC) futures market have been seemingly net short. As the majority of placed bets against BTC, the funding rate of BTC futures contracts turned negative. But in the last 30 hours, the […]
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It seems that the private sector is not satisfied with the country’s local fiat money. According to ArzDigital, Gholam Hossein Mozaffari, CEO of the Kish Free Zone Organization, hopes that the Iranian government will approve a proposal to use crypto funds, such as Bitcoin (BTC), to pay for car imports on Kish Island in Iran. […]
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PwC, Swiss blockchain investment firm CV VC and Cointelegraph have released a report discussing the current blockchain ecosystem. From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In […]
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One of DeFi’s most active, successful investors shares his thoughts on yield farming, the origin of LINK Marines, and how DeFi will evolve. Following the collapse of initial coin offerings, venture capital became the primary funding source for cryptocurrency projects. A slew of crypto-native funds opened their doors, one of them being Framework Ventures, a […]
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It is no secret that Binance’s vision of DeFi involves many centralized aspects. Following the launch of Binance’s Smart Chain, an Ethereum-compatible blockchain with a keen focus on decentralized finance, the exchange is now doubling down on its strategy to attract DeFi projects. At the company’s World of DeFi summit on Thursday, Binance’s CEO Changpeng […]
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The price of Bitcoin is showing stability above $10,000, and traders explain where BTC’s next big move is headed. The price of Bitcoin (BTC) has been ranging between $9,800 and $10,500 for nearly a week after a short fall from almost $12,100 seen on Sept. 1. As BTC struggles to show any distinctive price movement, […]
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The funds will go to 28 companies working on the Ethereum blockchain. The Ethereum Foundation has announced that over $3.8 million in grants will be awarded to teams working on the Ethereum blockchain. In a Sept. 8 post published on the Ethereum Blog, the Ethereum Foundation, or EF, announced that it has given grants to […]
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After providing initial seed funding to Luno in 2014, Digital Currency Group has acquired the cryptocurrency exchange platform. One of the largest organizations investing in blockchain companies, Digital Currency Group, or DCG, has acquired the British multinational cryptocurrency exchange Luno. DCG first bought a stake in Luno by investing in the exchange’s seed round in […]
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After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious. Market data from Skew shows investors in the Bitcoin (BTC) options market are cautiously bearish in the short term as of Sep. 8. The shift in sentiment comes after BTC’s abrupt 17% drop in seven […]
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