CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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NEO-based decentralized exchange Switcheo partnered with Zilliqa blockchain to allow trading of assets from the Ethereum and EOS blockchains on the platform. NEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum- and EOS-based assets on the platform. According to an announcement on March 16, after the launch, Zilliqa token […]
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MakerDAO is considering USDC as collateral support to improve liquidity and the tech team has already started preparing the technical transition regardless an executive vote. MakerDAO, leading player in the decentralized finance sector, is facing liquidity risk in an uncertain market. The MakerDAO community is considering adding support for USDC, the cryptocurrency associated with Circle, […]
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Bitcoin price remains far below investors expectations but the stock-to-flow model suggests nothing extraordinary has occurred yet. Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return […]
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The crypto markets are showing some buying at lower levels, which is a positive sign as it shows that investors are accumulating on dips. The US Federal Reserve is at it again. For the second time this month, the Fed has done an emergency rate cut. On March 3, a 50 basis point cut was […]
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Analysts were predicting a recession for years and it should not come as a surprise, according to market research firm Crebaco. Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco. Crebaco claims in a report shared with Cointelegraph that the recession that […]
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Fast transaction speeds are an untapped opportunity for those who want to accelerate profits this year. Crypto markets move at the speed of light, but many financial institutions today are still using cumbersome cold storage and hardware wallets — the most well-known digital asset security methods — to secure their coins. However, institutions are realizing […]
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Stocks had their worst opening ever today but Bitcoin price has bounced from its daily lows and now looks to establish a foothold for a relief rally. The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was […]
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Experts believe that BitMEX’s lack of transparency during the recent outage caused investors to lose some confidence in the exchange. On March 13, trading giant BitMEX was thrust into the middle of a controversy that saw the premier exchange face an operational outage that lasted for about 25 minutes. During the downtime, rumors spread throughout […]
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