Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top...
Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the...
In brief: The Bitcoin halving in 2020 was predicted by most as being the catalyst that will send BTC to the Moon. The Coronavirus pandemic changed the global financial situation causing a stock and crypto market...
Quick take: Microstrategy CEO, Michael Saylor, has compared Bitcoin to a dragon that will eventually eat the Kingdom of Gold His comments were in response to the CIO of BlackRock, talking about Bitcoin eventually replacing Gold...
In brief: Earlier today, BTC posted a local peak of $9,787. Bitcoin has been oscillating between $8,900 and $9,800 for over a week. BTC is still highly correlated to the S&P 500. Perhaps it is time...
In summary: Bitmex will be launching a user verification program on the 28th of August. All customers will be required to complete ID checks within the next 6 months. Bitmex has given a February 12th, 2021...
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of...
In brief: Willy Woo has pointed out that only 7.3% of Bitcoin’s supply has moved since BTC hit a $1 Trillion market cap Chances are, that the $1 Trillion market cap is supported by investors henceforth...
Grayscale Investments has launched a campaign encouraging American investors to push the SEC into approving a spot Bitcoin ETF The campaign involves US investors, submitting comments on Grayscale’s application with the SEC for a spot Bitcoin...
Summary: Netflix will premiere a documentary on the events surrounding the death of the founder of QuadrigaCX, Gerald Cotten Cotten was reportedly the sole handler of QuadrigaCX’s cold wallet His death resulted in QuadrigaCX filing for...
Bitcoin is currently knocking at the $40k resistance area after breaking out of a symmetrical triangle Bitcoin is yet to reclaim the 200-day moving average as support A failure to retest this crucial MA could result...
Wednesday hasn’t been the best of days for Bitcoin. The cryptocurrency is down 8% on the day as of the time of writing this article, having found some support at $7,400 after a precipitous drop from...