It is no news that the cryptocurrency space is very volatile. For instance, no one expected Bitcoin to quickly rise from less than $20,000 to over $23,000 in less than 24 hours on December 17, 2020. However, with such volatility comes the opportunity to double or even triple
The fact that your funds are being stored on Binance makes it a honeypot for hackers and scammers. Malicious players will try to gain access to your account and steal your funds through phishing, public WiFi, or any other means possible. And just so you know, Binance was hacked on
When it comes to cryptocurrency exchanges, there are a thousand and one options to choose from. According to CoinMarketCap, there are over 300 spot exchanges. With a number as high as 300, picking a crypto exchange can quickly become a herculean task. In this article, I will review two popular
Analysis
Cryptocurrencies have been moving forward as never before. Institutional investors are moving into the market to join the individuals who now commonly trade on mobile devices. In this regard, India is proving itself to be a nation of paradoxes. It has one of the most dynamic cryptocurrency industries in the
FOMO, otherwise known as the “Fear of Missing Out,” is one of the reasons why people rush to invest in an asset. In the fourth quarter of 2017, when Bitcoin surged from around $4,000 to nearly $20,000, many investors flocked to the crypto industry in search of quick
Despite launching just six weeks ago, the Eth2 staking contract has grown to become the fourth-largest staking network by the total value of locked assets (TVL). As of press time, the contract had more than 1.5 million Ether (1.35% of Ethereum’s supply) locked – valued at around $1
Popular cryptocurrency exchange, Coinbase Global, announced yesterday that it had confidentially submitted a draft registration statement on Form S-1 with the U.S Securities and Exchange Commission (SEC). Also known as the registration statement under the Securities Act of 1993, Form S-1 is a requirement for U.S.-based companies
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According to DappRadar, a blockchain data provider, DApp trading volumes have reached $270 billion this year, thanks to a booming DeFi sector. To put things in perspective, last year’s total was only $21 billion. This year’s transaction volume grew by an astonishing 1178% with Ethereum’s DeFi ecosystem
With China in the lead, central banks around the world are deep in research to deploy digital versions of their fiat currencies. But while the race for central bank digital currencies (CBDCs) is on, Visa is looking ahead to explore how these currencies could work offline. It should be noted
Pierre Rochard, a bitcoin influencer has appealed to U.S. lawmakers to stop the sale of seized bitcoins valued at around $1.6 billion. 69,370 bitcoins were seized from an alleged Silk Road hacker by the IRS in November. The U.S. Attorney’s Office has already filed a
While original whales are offloading some of their bitcoins, bigger institutional investors are buying all they can. According to CryptoQuant, an on-chain analytics service, the demand for bitcoin is outpacing its supply, despite a sell-off from long-term investors. Institutional investors are lining up en masse to purchase the new digital
A few hours ago, Bitcoin rose to a new all-time high. As of press time, the digital asset was trading at around $22,700, rising by $3,000 in just 24 hours. But with a new all-time high in unchartered territory, the question everyone is asking – “Where will Bitcoin go
Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, gave his long-term projections for bitcoin during an interview on Bloomberg TV. His company had earlier filed an amendment with the U.S. SEC to allow its Macro Opportunities Fund the option to invest up to $500 million in Grayscale Bitcoin
Bitwise Asset Management has announced that its crypto index trades sold for a much higher premium than the underlying assets they represent. This is coming as Bitcoin blew past the $20k benchmark, giving way for FOMO to set in. The crypto index fund saw an initial trading volume rise to
Yesterday, Bitcoin blew past the $20,000 benchmark, and in less than 24 hours, the digital asset has already exceeded $22,000. But while a lot of retail and institutional investors are scrambling for a piece of the action, Brain Armstrong, CEO of Coinbase, has issued words of warning to
News
In a recent survey by the Bank of America involving fund managers in charge of over $530 billion assets under management, it was discovered that “long bitcoin” has become the “third-most crowded” trade. Presently, the interest to buy more bitcoin has climbed above traditional investment options such as bonds, gold,