The Bitcoin price spiked from $6,900 to $7,300, liquidating $90 million on BitMEX and Bitfinex alone. The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the […]
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Bitcoin price shot up today breaking the $7K level for the first time since its big crash on March 12 but lots of selling pressure remains above. Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the […]
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Portfolio tracker and tax calculator CoinTracker has topped 100,000 users and brought six new partners on board. Cryptocurrency portfolio tracker and tax calculator CoinTracker has surpassed 100,000 users and has signed up six new partners. The site, which is used by many traders to comply with tax reporting obligations, announced the news in a blog […]
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As the coronavirus wreaks havoc with the global economy, the number of transactions in crypto and fiat currency is falling to record lows. Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions. With many around the world self-quarantining or otherwise […]
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Bitcoin trading is risky but investors looking to minimize their risk might consider the benefits provided by BTC options contracts. Institutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far […]
Continue ReadingApifiny’s GlobalX is being released today, and is set to connect global crypto markets to provide a unified liquidity pool and new strategies for institutional investors. Institutions will now be able to trade on every single crypto market simultaneously thanks to GlobalX, an API platform launched on March 31 by San Francisco-based firm Apifiny. The […]
Continue ReadingDespite March 12 hosting a record daily drop in the price of Bitcoin, traders on Coinbase’s retail platform were buying the dip. Leading United States-based cryptocurrency exchange Coinbase has published a report providing detailed insights into how its users responded to the violent crypto market crash suffered on March 12. While many in mainstream markets […]
Continue ReadingThe payment portal for crypto exchange Coinbase passed $200 million in transactions from the platform’s 8,000 integrated retailers. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total transactions processed over its two-year history. According to sources available to Cointelegraph, the wing of the largest crypto exchange in […]
Continue ReadingFor beginners wanting to learn more about decentralized finance, CoinGecko’s ‘How to Defi’ provides an accessible entry point. Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are […]
Continue ReadingCointelegraph talks U.S. CBDC with the founders of the Digital Dollar Project, former CFTC Chair Giancarlo and LabCFTC leader Gorfine. The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that […]
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