The Celsius Network is lowering its minimum loan requirements and soon will introduce interest paid out in gold. The Celsius Network is lowering its minimum loan request to $1,000 and will introduce interest paid out in gold. Celsius founder and CEO Alex Mashinsky told Cointegraph that they had previously lowered the minimum to $1,500 from […]
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Top crypto exchange Binance has officially launched Bitcoin options on its futures trading platform. Top cryptocurrency exchange Binance has officially launched Bitcoin (BTC) options on its futures trading platform. Confirming hints earlier this month, the rollout was announced this morning, April 13. It is, for now, limited to the exchange’s mobile app. Binance offering U.S.-style […]
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Coinbase identifies derivative arbitrage and stablecoin speculation opportunities created amid the recent crash. Despite the volatility of the March 12 – 13 crypto market meltdown, Coinbase has identified several unusual methods through which traders were profiting amid the chaos. The crash saw rare profits being generated through ‘crypto-and-carry’ derivatives arbitrage, stablecoin speculation, and the failure […]
Continue ReadingCould 11 class-action lawsuits filed against major players from the crypto space do damage to the industry, or will they help it mature? Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the […]
Continue ReadingData shows Bitcoin’s trading volume increases and decreases most on Saturday and Monday, while returns move similarly amid different price cycles. Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent […]
Continue ReadingGiven the global coronavirus lockdown, some blockchain projects have found their business plans affected, others see no change. The coronavirus pandemic has been affecting more and more aspects of the blockchain and cryptocurrency market. As Cointelegraph previously reported, more than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 […]
Continue ReadingCrypto exchange Binance is enabling citizens in five further countries to buy crypto using Visa cards with their national fiat currencies. Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies. The new service, announced April 10, will extend card support […]
Continue ReadingCrypto industry has the best historical moment to change its reputation into a successful innovative tech sector within the finance industry. The Fed opening the floodgates to unlimited standing quantitative easing paired with a $6 trillion stimulus package is an unprecedented event. It’s the most heavy-handed intervention by the Fed to date. For many crypto […]
Continue ReadingSince Black Thursday, Bitcoin’s correlation with other cryptocurrencies has reached unprecedented heights, while turning negative with gold. Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold. Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak. […]
Continue ReadingLeading crypto exchange Binance is refuting claims of embezzlement recently levied against it by an alleged scammer. Major cryptocurrency exchange Binance is refuting recent claims of embezzlement from a Ukrainian national whose account was frozen for alleged fraud. Speaking to Cointelegraph, Binance noted inaccuracies in the sums of crypto assets that the Ukrainian account holder […]
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