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Market Update: Crypto Prices Hold Steady After Massive Bullish Spike


Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...

Mistakes Crypto Owners and Traders Should Avoid


There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should...

Bitcoin Glam on the Weekend; Touches $10,000 after a 33% Increment


Bitcoin gains fatuously by 33.14% in the last 24 hours It is expected to face its next resistance at 10,200 USD Bitcoin has shaken the whole market with a tremendous 33.14% hike over the last 24 hours. It has been through three major price swings, and all the variations have been in the range...

Market Update: Crypto Prices Spike Significantly In a Matter of Minutes


Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...

Bakkt to Launch Options Contracts in Bitcoin Futures in December


Bakkt, which takes pride in being Intercontinental Exchange’s bitcoin derivatives provider, has unveiled the launch date of its highly anticipated options contract for its bitcoin futures. The platform has decided to present the first options contract for bitcoin futures as the latest product...

Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds


In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes


On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...

Bitcoin (BTC) Takes a Steep Fall and Hovers Around $7,400


Bitcoin (BTC) marks a tremendous fall with its intraday movement. The day ahead is not indicating any improvement. However, there are anticipations that the market would soon start to recover as usual. Currently, BTC has major resistance at $8,000. If the coin manages to trade beyond the said major...

Lightning Network User Confused By Protocol: Lost 30,000 USD


The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

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