Bitcoin Looking Weak When asked about the drawbacks of Bitcoin, many people cite the cryptocurrency market’s immense volatility — multiple days a year, BTC and its ilk have 10%+ days. Case in point, the Bitcoin price tumbled off a cliff in late September, falling from the lofty price point of...
Quick take: The amount of ZCash stored in shielded pools has hit an all-time high of 700,000 and growing The number of ZCash monthly shielded transactions has also hit an all-time high of 121,475 Crypto users are continually valuing their privacy and ZCash is well placed to serve their needs...
XRP had far from a positive 2019, with the price of the leading cryptocurrency dropping by 50% over the course of 12 months while Bitcoin gained 90% or so. And while investors in the digital asset presumably want 2020 to be much better, the year’s already starting off red. On...
Summary: Binance has announced a one-of-kind partnership with The Weeknd: a famous singer, songwriter, and record producer. The partnership will focus on integrating Web3 into The Weeknd’s ‘After Hours Til Down’ tour. Binance will celebrate the tour’s launch with a $2 million donation to the XO Humanitarian Fund administered by...
In brief: The critically acclaimed author of the Harry Potter series, J.K Rowling, tweeted that she would like to understand Bitcoin (BTC). Crypto twitter responded with numerous explanations. A fake twitter account mimicking the author claimed to have purchased BTC. In the end, J.K Rowling still did not understand Bitcoin....
Bitcoin Surges Off Fundamental Catalysts Bitcoin is surging higher yet again. After yesterday’s jaw-dropping 7% gain, the bulls managed to keep up the pressure. As of the time of writing this article, BTC is trading for $10,700, having gained 3% in the past 24 hours. Altcoins, interestingly enough, have underperformed...
Coinbase's share price tanked more than 4% after a Piper Sandler analyst downgraded the stock to neutral from overweight. The analyst cut the stock's price target from $65 to $60.
A South Korean district court in Seoul ruled against the notion that Do Kwon's Terra Classic (LUNC) is a security under the country's Capital Markets Act.
In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional...
