USD 9.9bn worth of trading positions in the crypto derivatives market were liquidated in the past 24 hours as the crypto market experienced a sharp selloff on Sunday. More than USD 5bn of them are positions in bitcoin (BTC). Total liquidations: At around 03:00 UTC, BTC dropped from USD 59,000 to below USD 53,000, or…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Major Australian fintech, 'buy-now-pay-later' company Zip Co. is looking at expanding into crypto and stock trading, reported the Wall Street Journal, citing co-founder Peter Gray. Zip may offer the services
IN THE DECADES after the second world war carmakers were the undisputed champions of the personal-transport economy. Competition and economies of scale made cars affordable to millions of motorists in industrialised countries. In the 1980s and 1990s the likes of General Motors (GM) and Toyota boasted some of the world’s richest market capitalisations. When it…
Just when countries across the globe were embracing Bitcoin and other cryptocurrencies, the Turkish government did not appear to be interested in capitalizing on the ongoing surge in the value of the crypto market, as it went on to ban crypto assets in the country. The Central Bank of the Republic of Turkey announced yesterday that…
The entire crypto market was painted green. However, Litecoin [LTC], Bitcoin Cash [BCH] as well as Polkadot [DOT] were the only ones that were making the most of the ongoing bullish trend. The overall global crypto market cap was slipping down as it was noted at $2.21 trillion. Bitcoin [BTC] was trying to climb back…
There’s no rose without a thorn, similarly, despite being immensely valuable, the crypto industry deals with scams and hacks. Singaporeans have been urged to stay safe against any possible scam with regard to crypto through a campaign. Earlier this month, Tharman Shanmugaratnam, Chairman of the Monetary Authority of Singapore [MAS], the prominent financial regulator in…
Several countries have begun to embrace the cryptocurrency industry as its popularity and value have grown. The Turkish government, on the other hand, appears to be heading in a different direction. The crypto industry is currently valued at a high of $2.22 trillion. These numbers have lured a number of investors from all across the…
While all of the coins were experiencing a small blip, Dogecoin [DOGE] was the only one recording massive gains. As Bitcoin [BTC] slumped to $60K, all altcoins followed suit as they were noted depleting. At the time of writing, the overall market cap was $2.22. Dogecoin once again turned heads with its latest three-digit price change. The…
Bitcoin supporter Edward Snowden, who is the president of Freedom of Press, held a charity NFT auction this week which was concluded late on Friday. The digital artwork called “Stay Free” (Edward Snowden, 2021) was sold for 2,224 ETH, worth $5,384,548.64 to an anonymous PleasrDAO. PleasrDAO, a decentralized autonomous organization (DAO) formed just a few…
One of the products is from Purpose Investments, which launched the world's first Bitcoin ETF that has amassed 18,500 BTC in just two months, and another is from Mike Novogratz’s Galaxy Digital. The post It’s Time for Ethereum: Two Ether ETF Approved by Canadian Securities Regulators first appeared on BitcoinExchangeGuide.