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Price analysis 5/7: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, UNI
7.5.2021
Altcoins continue to rally higher and Bitcoin's repeat tests of the $58,000 level signal that bulls are building momentum
Crypto Derivatives Exchange FTX Starts Offering Lumber Futures Amidst Commodities Price Boom
7.5.2021
FTX, one of the largest derivatives exchanges, has started to offer lumber-based futures markets for its customers, given the recent interest in speculating on commodities prices. Lumber has been one of the key commodities that have skyrocketed in price during these last months, affecting...
Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins
7.5.2021
Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins. Argentineans Like to Invest in DAI, USDC,...
Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round
7.5.2021
Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep...
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
7.5.2021
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume
Goldman Sachs Launches Bitcoin Derivatives Trading as ‘Institutional Demand Continues to Grow Significantly’
6.5.2021
Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on...
EOS price rallies 100% following a proposal to increase staking rewards
6.5.2021
A proposal to boost staking rewards and increase the inflation rate triggered a 100% rally in EOS price
BakerySwap, Syscoin and Utrust rally as altcoin season kicks into high gear
6.5.2021
BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action
Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade
6.5.2021
South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading...
Flippening? Record $10B Ethereum futures volume briefly outpaces Bitcoin's
6.5.2021
The volume on Ethereum futures flipped Bitcoin's after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price
Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations
6.5.2021
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption...
Osprey Polkadot Trust Arrives as Institutional Interest in Altcoins Swells
6.5.2021
The newest investment trust tracking polkadot echoes other moves by the fund manager to make cryptos accessible via traditional equity markets and satisfy growing investor demand as interest in ETPs mounts. Low-Fee Offering to be Launched on OTCQX Market Bitcoin may have been the first crypto...
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
6.5.2021
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap
Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry
5.5.2021
Bitcoin bulls have a $104 million advantage leading into Friday's $1.1 billion options expiry, but a favorable close depends on BTC price reaching $60,000
Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
5.5.2021
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC
WallStreetBets combats market manipulation using blockchain
5.5.2021
The grassroots movement is dedicated to “rooting out corruption” with its latest exchange-traded portfolio and token offerings
Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI
5.5.2021
Bitcoin is trying to stage a comeback in order to catch up with the spectacular price action seen in Ethereum and other altcoins
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume...
Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash
5.5.2021
The acquisition comes as Galaxy Digital plans a U.S. listing later this year