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  • CME Bitcoin expiration is imminent: Why does the crypto market tend to recover on its close?
    The CME Bitcoin futures market will close at 4 pm UTC on Feb. 28. Every time the cryptocurrency market saw futures close in the last four months, it tended to rebound. Will Bitcoin recover upon futures close? Throughout the past three months, the CME Bitcoin futures market closed on Jan. 31, Dec. 27, and Nov. […]
  • Multi-platinum artist Akon to launch upcoming “Akoin” cryptocurrency on Stellar network
    Grammy-award winning artist and producer Akon is launching a crypto aimed at helping entrepreneurs and businesses within developing companies thrive, and has chosen to launch the utility token on the Stellar blockchain network. The official launch of this cryptocurrency – called Akoin – marks the next step in the multi-platinum selling artist’s goal of helping […]
  • Planning for the worst: Binance donates to fight Coronavirus, Coinbase reveals plan for remote work
    The approach that cryptocurrency exchanges Binance and Coinbase are taking to the coronavirus is as different as night and day. In fact, the contrast is so stark it highlights both companies’ core values to a tee. As Binance immediately donates 10mn RMB (approx $1.5mn) of medical supplies to help fight the virus, Coinbase reveals a […]
  • As Ethereum crashed 15%, a staggering $3 million in DeFi loans got liquidated
    The Ethereum price dropped by 15 percent against the USD from $278 to $210 within a span of four days. The abrupt drop in the price of ETH led to the liquidation of $3 million worth of loans on decentralized finance (DeFi) platforms. Ethereum fell too hard too fast On DeFi platforms, Ethereum users often […]
  • Analyst: this unorthodox factor shows a crypto bull may soon make a strong return
    Since the crypto market started to trend lower four days ago, analysts have been wondering at which point the pain will stop. While most analysts remain divided over the answer to this pressing question, one unorthodox factor suggests Bitcoin and the rest of the cryptocurrencies have found or are very close to a local bottom, […]
  • 4 reasons why analysts are still bullish on Bitcoin despite brutal 15% crash
    To put it lightly, Bitcoin has not fared well over the past weeks. The price of the leading cryptocurrency, ever since rejecting the key $10,500 resistance as if it was a stone wall, has acted weak, losing support and support. After two weeks of bearish price action — punctuated by a steep drawdown over the […]
  • Adam Back slams Vitalik Buterin, defends Bitcoin’s bullish stock-to-flow model
    Bitcoin bulls have long been looking towards its stock-to-flow model as an accurate pricing model that forecasts that the crypto will see a tremendous near-term upside, with the model suggesting that a movement towards $100,000 could be looming on the horizon. This simple model, however, has drawn the ire of Ethereum co-founder Vitalik Buterin, who […]
  • Bitcoin in precarious position as Dow Jones enters correction territory on Coronavirus fears
    The global markets have been caught within extreme turmoil over the past several days, with the rapid spread of the Coronavirus striking fear into the heart of investors. This has led the Dow Jones to plummet, with the decline of traditional markets also coming alongside a strong Bitcoin correction. This turmoil — which has transcended […]
  • Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans
    Over the past few years, a class-action lawsuit has been building against Ripple Labs, the San Francisco-based fintech company that is known in crypto for its involvement in XRP. Unfortunately for the upstart, it was unable to get the case thrown out by the federal judge, potentially threatening its intent to go public through the […]
  • Despite the downturn, Bitcoin’s fundamentals are growing stronger
    Bitcoin took a significant nosedive sending investors into fear, according to the Crypto Fear and Greed Index. Despite the commotion in the market, on-chain metrics reveal that BTC’s network is stronger than ever. Bitcoin could drop even further Over the past two weeks, Bitcoin entered a bearish trend that has seen its price depreciate over […]

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