According to stats by Binance and Bybit over $1.3billion long position on Bitcoin has been liquidated. Takes us back to a famous quote by a Crypto Trader, he said and I quote "Either in the Pump or Dip, Professionals will always make money. While most Traders are grief over the sudden but expected...
The performance of the newly-launched and community-backed meme coin Wakanda Inu Token (WKD) over the last few days after its presale is notable. The meme coin dedicated to the African continent is named after the fictional African city with advanced technology in Marvel’s blockbuster Black Pa...
Mayor Eric Adam's, newly elected Mayor in New York City, wants schools in New York to incorporate cryptocurrency studies in their school curricula.Speaking during an interview session with CNN, he described the importance of the new generation to learn about Cryptocurrency also the importance of the...
Vitalik Buterin, co-founder and CEO of Ethereum network released a paper titled Crypto Cities, in this book was trying to explain the necessity of the government to try experimenting new technologies in various cities using Crypto as a focal point. He points to the combination of both the local gove...
Canada, the third most populous nation in the North American continent, is on course to becoming home to the biggest cryptocurrency firms. Canada’s regulatory atmosphere has been more favorable to cryptocurrencies than their North American counterpart: the United States of America. The country...
Bank of America is the latest US banking behemoth to outline plans to enter the cryptocurrency space. Just a few months after bashing bitcoin for its enhanced volatility and supposed impracticality, Bank of America has reportedly set up a new designated research team in a bid to cash on the grow...
Two of China’s largest state-owned banks, the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC), are now offering two-way exchange between fiat cash yuan and e-CNY digital currency through more than 3,000 ATMs in Beijing, according to reports in local me...
Colorado wants to become the first state to let residents pay their taxes with cryptocurrency. Colorado Gov. Jared Polis said he’s hopeful state residents can pay their taxes with crypto, and he wants it to happen soon. Governor Jared Polis is a long-time supporter of crypto and as a congressman...
Bitcoin Bulls Bring Out Hammer Of Thor Reversal, But Support Must Hold. Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short-lived dip below support finally resulted in a worthwhile bounce, leaving behind a reversal signal that in the...
Cryptography is a science, it involves writing codes (ciphers), in order to have secure communication. Dating back, as far as the Egyptian and Mesopotamian writings of symbol replacement, the earliest version of cryptography were found in the tomb of an Egyptian noble Khnumhotep II, some 3,900 y...
Crypto Asset Giant Expects to Reach $25,000,000,000 in Bitcoin Under Management This YearNew York Digital Investment Group (NYDIG) founder and chairman, Ross Stevens, contends that his firm may hold $25 billion worth of Bitcoin under management by the end of 2021.In a conversation with MicroStrategy...
Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It.It’s not just ether (ETH) that’s rallying to a new all-time high Tuesday. Also rising are major decentralized finance (DeFi) tokens as well as cryptocurrencies of the very blockchains competing against the Ethereum system.At...
Software company Sequoia Holdings is now letting its employees get paid in Bitcoin, according to an announcement today. It will also let them get paid in Bitcoin Cash or Ethereum if they so wish."We're excited to offer the members of our team this new benefit," said Richard Stroupe, CEO of Sequoia H...
Bitcoin overtakes tech as most crowded trade, says Bank of America survey“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America's recent fund manager survey.In another throwback to the 2017 bull market, a major United States bank fund manager survey, or...
According to a report by The Times, one of the largest banks in the UKL, will not let Bitcoiners to cash out of their gains following the cryptocurrency's record breaking rally.Meanwhile, other leading banks refuse to accept credit cards for cryptocurrency purchases. The pot calling the kettle...
Back in late 2017 when bitcoin surged higher to reach what would be its all time high of just under $20,000, a veritable cottage industry of experts calling bitcoin the biggest bubble in history emerged. But while the bubble-callers were vindicated for a few years, little did they know that just thr...
Bitcoin is Settling More Value Than Ethereum AgainBitcoin’s (BTC) blockchain has outpaced Ethereum (ETH) in terms of the daily transferred value, reaching $14 billion per day—versus the latter’s $13 billion, Money Movers’ data shows today.More value was being moved daily across the Bitcoin blockchai...
$20 Billion Is Now Locked in DeFi Projects WorldwideIn brief:$20 billion worth of cryptocurrencies is now locked up across various DeFi protocols.Maker, the issuer of the DAI stablecoin, locks up the highest amount compared to other projects.But despite the increase, data shows over 2.2 million Ethe...
The price of Ethereum, the second largest cryptocurrency by market cap, today hit $1,005 the culmination of a weekend bender that’s added a few hundred dollars to its price. Coinbase showed that Eth briefly hit that price at 23:38 UTC, before dropping below $1,000. While proselytizers and vultu...
Ethereum (ETH) Futures Open Interest Sets New ATH of $2.21 BillionQuick take:The Open interest on Ethereum futures has just set a new all-time high of $2.21 Billion. Ethereum has since broken the $700 price ceiling and looks ready to capture $750The CME Group will launch Ethereum futures in February...
