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New Major Players Enter Crypto Market, China Hides Binance, OKEx & Huobi + More News

9.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Investments news Interactive Brokers Group plans to begin offering crypto trading through its brokerage by the end of the summer, Reuters...

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets

8.6.2021
The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined

More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract

1.6.2021
Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap...

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

24.5.2021
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations...

Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services

24.5.2021
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended...

Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame

20.5.2021
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with alleged power outages in Sichuan, China, and...

2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week

10.5.2021
CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it's even listed on major exchanges

Top 5 cryptocurrencies to watch this week: BTC, SOL, HT, ETC, AAVE

2.5.2021
SOL, HT, ETC and AAVE are pushing toward new highs while Bitcoin trades within a tightening range

Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs

30.4.2021
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector

Huobi Group launches 4 crypto funds targeting $100M in assets

22.4.2021
Huobi Group is targeting institutional investors with its new crypto-focused private equity offerings

Exchange tokens bounce from key support levels as COIN looks for direction

20.4.2021
Bitcoin’s sharp correction to $50,000 brought Binance Coin, FTX Token, OKex and Huobi Token to their lower support levels but data shows there is still a bullish case for exchange tokens

Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule

16.4.2021
Coinbase and cryptocurrencies viewed cynically on Chinese social media, and news of a large mining GPU smuggling bust in Hong Kong

BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

6.4.2021
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures...

Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention

2.4.2021
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay

Over $6B in Bitcoin Options Set to Expire Today, April Contracts Show Bets for $80K per BTC

26.3.2021
A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January. $6 Billion in Bitcoin Options Set to Drop, April Bets Target...

Fire Protocol to List FIRE on BitMax

21.3.2021
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Fire Tokens (FIRE) under the trading pair of FIRE/USDT on March 19th at 9:00 a.m. EDT. Fire Protocol is the first infrastructure project...

Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months

9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....