Cryptocurrency is a digital currency that is protected by encryption, and new coins or tokens are created by solving complex mathematical equations. However, for investors, cryptocurrency is an asset that can be bought and sold because its value is not fixed in relation to fiat or traditional currency. The market’s high volatility has resulted in…
Bitcoin bulls control Friday’s $1.7B monthly options expiry Bitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry. On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls…
So far, around $20 million has been paid out two months after Ethereum co-founder Vitalik Buterin contributed about $1 billion in cryptocurrencies to an India Covid relief fund. According to Sandeep Nailwal, a New Delhi-based entrepreneur who formed the India Covid Crypto Relief Fund, which received the contribution, cashing out an illiquid asset, dealing with…
PancakeSwap Crosses 1,000,000 Twitter Followers, What’s Next for This BSC Giant? PancakeSwap has reached another landmark as its Twitter follower count surpasses 1 million. The AMM marked the occasion with a celebratory tweet to thank users for following. The posts seem to indicate that PancakeSwap will reduce the number of $CAKE tokens being minted. XRP…
ETHEREUM’s trading volume grew much faster than BTC’s in the first half of 2021 Trading volumes for ETH increased by 1,461% over the first half of 2020. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of this year according to a new report from leading U.S. crypto exchange Coinbase. Taking data from…
According to CoinShares, Europe’s largest digital asset fund manager, digital asset investment products suffered outflows for the third week in a row, this time totaling US$28 million. Bitcoin experienced the most withdrawals, but multi-digital asset investment products received inflows of US$3.1 million, putting them in the black. Fast facts: According to CoinShares, bitcoin investment products…
