Bitcoin has done rather well this year. For the most part, 2021 has been a continuation of the BTC bull run we began to see towards the end of 2020, but now, it looks like the world’s number one digital currency by market cap has taken a turn for the worse, which is causing some...
On Monday, Bitcoin surged above $53,000. At 13:15 GMT, the coin was exchanging hands at $53,324, a 7.07% increase over the last 24 hours. However, about $150 million worth of shorts were liquidated within a few hours as bulls returned to take a firm grip over the market. The cryptocurrency rose from $47,000 to over […]
The summer of 2020 completely changed the crypto ecosystem as the rise of DeFi and decentralized exchanges posed a unique opportunity for many players in the crypto landscape. The elimination of KYC,
New York-based bank, JPMorgan Chase & Co. (NYSE: JPM) will soon offer an actively managed bitcoin fund to private wealth clients. The institution will become the latest, largest, and unlikeliest U.S. mega-bank to embrace crypto as an asset class, after its CEO called bitcoin a ‘dangerous fraud’ less than four years ago. The Bitcoin’s FundRead More
The increasing number of crypto trading platforms is a testament to the fact that crypto trading is well beyond the nascent stage and is continuing to gain stronger acceptance among individual and institutional traders; which Read more
The most recent bloodbath was a result of increasing liquidity across exchanges and a week ago, the 17th of April had the highest amount of BTC perpetual futures long liquidations so far in 2021. This
Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone have entered into definitive agreements to acquire a majority stake in...
Despite the fact that Arab oil is running out, the entire region continues to grow rapidly. The United Arab Emirates (UAE) has created a new economic oasis in the middle of the desert and already the state is ready to challenge Silicon Valley. The Arab crypto industry is growing faster than local skyscrapers. One of … Continued
In the cryptocurrency market, there is an ironic pattern to how prices rise and drop. Digital currencies like Bitcoin may sometimes need to take an unconventional path in order to recoup and hit new price spots. If the bull run is to continue for much longer, then this could be the pathway the flagship cryptocurrency […]