New data shows a strong correlation between Bitcoin’s price action and that of the top 30 altcoins when they are in a bullish phase. Bitcoin (BTC) price reached a new 2020 high on Feb. 13, 2020, crossing $10,497 following a 42% gain since the start of the year. This appreciation in price has led crypto […]
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Major cryptocurrency exchange Binance announced it is about to launch a new futures product tracking crypto asset NEO. Major cryptocurrency exchange Binance announced that it is about to launch a new futures product tracking crypto asset NEO. Per the announcement published on Feb. 16, the NEO/USDT futures will be launched on Feb. 17 and traders […]
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Bitcoin price suddenly dived below $10K on Saturday leading many to speculate that a well-known Bitfinex whale trader could be the reason for the pullback. Late Saturday night on Feb. 15, Bitcoin (BTC) price briefly reclaimed the $10K mark after a tumultuous day of trading that saw the price drop 5.35% to $9,853. The possibility […]
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Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB), […]
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The crypto markets are in a strong bull trend but the rally could hit rough weather as the uptrend begins to look overextended. The total crypto market capitalization has topped $300 billion for the first time since early-August of 2019. This shows that the bulls are back in action. Interestingly, it is not only the […]
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Tether is teaming up with Chainalysis to track potential criminal activity on its network, as worldwide regulators push for stronger stablecoin scrutiny. Chainalysis is rolling out a global compliance solution for Tether (USDT), a Feb. 12 press release announced. The stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The […]
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Bitcoin has rebounded above $10,000 and successfully confirmed the $9.8K level as support as BTC appears to be getting ready for the next move up. Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a […]
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Major United Kingdom-based crypto firm Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture […]
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Bitcoin price reached $10K over the weekend but as its dominance rate dropped many altcoins have continued to post triple-digit gains, namely BNB, XTZ and LSK. Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing […]
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Leading stablecoin operator Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake blockchain. Leading stablecoin operator Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake (PoS) blockchain. In a press release on Feb. 10, Tether announced that USDT on Algorand will feature confirmation times as low as four seconds and transaction […]
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