In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap. Its website states the company has $6.229 Billion in assets. Trading of Bitcoin futures contracts has become more popular as crypto traders Read more…
In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times. This area of support is crucial as a death cross is forming on the daily chart. At the time of writing this, all global citizens are Read more…
Using Nasdaq as her platform Binance.US founder and CEO Catherine Coley, commented on the state of Bitcoin and cryptocurrency adoption in the US. Misunderstanding Gap Fueled by Media Coley points out that the United States had typically been viewed as a world leader in innovation and entrepreneurship. However, it is greatly lagging behind when it Read more…
Leading cryptocurrency exchange, Binance has partnered with Akbank, one of Turkey’s most forward-thinking banks to provide the first direct bank channel integration for instant fiat deposits and withdrawals, according to a press release shared with Cryptopotato. Starting today, the integration will allow Turkish users on the Binance trading platform to instantly deposit and withdraw the Read more…
It’s been hard to avoid the coronavirus this week, at least in the news, as the US confirmed its first death this morning. If it turns into an all-out pandemic, you’ll be glad that you sealed yourself away and stocked up on bitcoin… you did do that, right? Bitcoin Price What can be said? Not Read more…
Crypto platform Cardano has successfully completed a mainnet hard fork which brings the system closer to the long awaited Shelley release. The upgrade also resulted in a minor price boost for ADA. Cardano Forked to OBFT IOHK has completed an important update which is part of the journey to launching Shelley era functionality on the Read more…
YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels Read more…
Binance Futures has doubled its weekly trading volumes since the start of the year, according to a recent report published on Binance blog. Binance Futures Weekly Volume Exceeds $16 Billion The platform was launched six months ago and has managed to increase its weekly volumes from under $50 million to over $16 billion as of Read more…
Last week, we were firmly back in bullish terrain with jubilant voices standing by bold predictions. Bitcoin and altcoins were all up with Ethereum leading the charge. This Monday, however, we’re back to a red crypto market. What Caused the Crypto Market Crash? As Bitcoinist reported earlier today, the weekend was savage for cryptocurrency. The Read more…
An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do. Majority Will Sell If Bitcoin Price Reaches $100,000 One of Read more…