According to crypto analytics firm Messari, XRP was the worst performing large cap token in 2019 — and this year isn’t shaping up any better. Ripple’s native token XRP was the worst performing large cap token in 2019 — and 2020 isn’t looking much better so far. Crypto analytics firm Messari this week released data […]
Continue Reading
Binance Coin rallied 151% since the crypto market crash on March 13 but will next week’s Binance IEO lead investors to push BNB prices even higher? Since dropping to a 2020 low at $6.34 on March 13, Binance Coin (BNB) has been on an absolute tear, gaining 151.48% to reach a 4-week high at $15.93. […]
Continue Reading
The financial industry will see the further adoption of stablecoins around the world, partly due to the responses to COVID-19. We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets. […]
Continue Reading
Singapore-based Delta Exchange is launching futures contracts on BTC/USDT amidst fears of a global recession. Singapore-based Delta Exchange has announced the launch of Bitcoin (BTC)/Tether (USDT) futures contracts, allowing users to trade BTC futures with USDT collateral, starting on April 14 at 9:00 a.m. EDT. According to the company, the industry has seen surging demand […]
Continue Reading
Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. In an announcement published on April 14, the exchange revealed that users are now able to trade cryptocurrencies peer-to-peer (P2P) for Indian Rupees […]
Continue Reading
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 […]
Continue Reading
Bitcoin once again fell below $7,000 as it plummeted by roughly $500 in minutes with many traders now bracing for more downside in the coming week. Bitcoin (BTC) price has again dropped below $7,000 and at the time of writing the digital asset is struggling to hold above $6,700. The sharp downside to a new […]
Continue Reading
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 ReadingBitcoin price is currently holding above $6,800 but a bearish scenario is looking increasingly likely with a retest of sub-$6K levels. As the weekend kicked off Bitcoin (BTC) price dropped below $6,900 and at the time of writing the cryptocurrency is struggling to keep hold of $6,800. Earlier in the week, Cointelegraph contributor Michael van […]
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 Reading