The Binance Futures funding rate overtook Deribit on Dec. 18, which has historically led to Bitcoin to consolidate or pull back. The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation. The funding rate […]
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As a developing tech power, China is one of the fastest countries in adopting blockchain technology. 2020 has been a year full of challenges for the world, but for a country like China with such a large population base and rapid development, it has also been a year of opportunities. On Oct. 24, 2019, China […]
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The price of Bitcoin has surpassed $23,000, and analysts predict where BTC is headed next after a significant rally. Bitcoin price surpassed $20,000 with ease on its third retest, buoyed by a surge in buy volume. Following the breakout, analysts anticipate the dominant cryptocurrency to eventually rise to the mid-$30,000s. However, in the short term, […]
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Twitter, Wikipedia and even Google search activity point to a world still unaware of the best macro asset available to anyone. Bitcoin (BTC) has gained 30% in a week and topped out at $23,777 on Dec. 16 — but hardly anyone in the world knows yet, data suggests. According to charts tracking public awareness of […]
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The SEC says the trading app misled users by claiming to be commission-free, while charging extra on execution prices that it got back from the market makers. Robinhood has staved off a suit from the Securities and Exchange Commission by agreeing to pay $65 million. The trading app, which takes its name from the English […]
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A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold. Leading crypto fund manager Bitwise Asset Management has announced that its 10 Crypto Index Fund is trading at a much higher premium than the underlying assets it represents. The BITW fund saw record initial trading volumes with shares in […]
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The 2020 rally differs markedly from the retail-driven FOMO of 2017. The Bitcoin (BTC) price surged to all-time highs on Wednesday, zipping past $20,000 in a show of bullish momentum for the flagship cryptocurrency. Although it’s easy to draw parallels between this year’s bull market and the speculative frenzy that drove the 2017 rally, the […]
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FTX is “weeding out the competition” with its new selection of tokenized stocks. Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Wednesday announcement, tweeted by FTX and Alameda Research CEO Sam Bankman-Fried, came in a haze of ex-hemp-lary (sorry) marijuana […]
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Early adopters who saw the potential in Bitcoin in the last decade have been waiting for this year their entire crypto investing lives. Bitcoin’s (BTC) recent volatile price corrections might conjure up images of the 2017 crash in your mind, or maybe even the crash caused by COVID-19 back in March of this year. But […]
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The price of Bitcoin just hit $20,000 for the first time ever in a historic milestone for the world’s most popular cryptocurrency. The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high. BTC/USD weekly […]
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