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Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year


Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on –...

Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B


Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...

No, CME Did Not Shut Down Bitcoin Derivatives Market


Source: iStock/StockSeller_ukr Following an announcement from CME Group yesterday, some might get confused that the major derivatives market would shut down trading in bitcoin (BTC) futures & options, along with trading in other assets. Fortunately, this is not the case. What CME really said...

XRP Price Shows Minimal Improvement Amid Gloomy Crypto Market


Ripple (XRP) is known to remain immuned to huge market changes as it quickly moves into the range-bound state once after losses occur. The recent price plunge did the same for its price trend; however, this time, a slight amount of price recovery has been noticed. Along with the whole crypto...

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