Check out this week’s Bad Crypto podcast. Bitcoin has spent the last week bashing away at that $10,000 ceiling without quite managing to break through—even as it gained more than 1.5 percent over the last seven days. Analysts have put the failure to rise into five figures down to three factors: a meeting of the […]
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Bitcoin price searches for support in order to maintain the current uptrend. The price of Bitcoin (BTC) was unable to break through the resistance zone at $10,000 and corrected nearly 10% in a day. The drop down occurred on the same day that U.S. equity markets saw a substantial retracement. These moves automatically made investors […]
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Leaked documents reportedly show the CEO of Canadian crypto exchange Coinsquare orchestrating wash trades to boslet volume. In the latest blow to the embattled Canadian cryptocurrency exchange Coinsquare, reports are accusing the platform’s top executive of orchestrating a wash-trading scheme in clear violation of securities law. Wash-trading refers to an exchange artificially inflating its trade […]
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Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with […]
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The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six hours. Pioneering decentralized finance (DeFi) application Celsius Network has launched an equity offering through Bnktothefuture. As of this writing, the campaign has raised over $10.7 million of the $15 million […]
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Bitcoin’s struggle to reclaim $10K came to an abrupt end as the price suddenly dropped to $9,100. Bitcoin (BTC) fell to a two-week low today as ranging price action below $10,000 gave way to fresh bearish behavior. Cryptocurrency market daily overview. Source: Coin360 BTC price drops 8% to test $9,000 Data from Cointelegraph Markets and […]
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bitFlyer Blockchain revealed a new blockchain-based new app to allow fair voting at virtual shareholders meetings. The blockchain arm of Japan-based bitFlyer Holdings is debuting a new app for shareholder voting. According to an announcement by bitFlyer Blockchain, the new app — dubbed bVote — aims to allow Japanese corporations to conduct general shareholders meetings […]
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Filecoin revs up test net, hosting a competition prior to its mainnet unveiling. Blockchain-based decentralized data storage solution Filecoin unveiled its testnet recently, complete with a competition. In an act of network experimentation, Filecoin’s test network will host a three week mining contest worldwide, with 4 million of the project’s FIL tokens up for grabs […]
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Here’s how the crypto derivatives market compares to the traditional derivatives one. Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such […]
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Binance is said to be operating a mysterious domain for Chinese traders. Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges. According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting […]
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