Juan Pellicer · 53 mins ago · 3 min read
Has the Chainlink bubble burst? Analyst eyes further downside following 60% crash
Chainlink (LINK) was one of the most bullish cryptocurrencies throughout 2019 and 2020, with the crypto racing from its year-to-date lows of $1.70 to highs of nearly $5.00, before facing a significant selloff that has since sent it reeling down 60 percent.
Cryptocurrency investors have had their perspective and outlook on Bitcoin drastically changed by its recent price action, with its close correlation to the global markets nullifying its status as a safe haven asset and seeming to confirm that it is a risk-on asset.
Top analyst bashes Bitcoin halving hype, but math begs to differ
Over the past few months, the upcoming Bitcoin block reward reduction — best known as a “halving” or “halvening” — has been branded the harbinger of the next explosive cryptocurrency bull run.
Crypto derivatives will be ‘five to 10 times larger’ than spot, says OKEx exec
OKEx has come a long way.
Crypto market structure “broke” last week but BitMEX wasn’t the cause, says crypto fund manager
The managing partner and co-founder of crypto hedge fund Multicoin Capital, Kyle Samani, says that the crypto market structure “broke” last week on account of a bottleneck in the Bitcoin blockchain and miners shuttering operations.
Judge slams Kleiman’s legal team for ‘excessive’ legal fees, orders Craig Wright to pay just $165,000
United States Magistrate Judge Bruce Reinhart has ordered Craig Wright to pay $165,000 in fees to Ira Kleiman’s legal team.
The recent crash was devastating for crypto lending, but this platform offers hope for its future
The crypto industry saw an intense flash crash last week that sent Bitcoin and the aggregated market reeling lower, with BTC’s sharp decline being perpetuated by a cascade of liquidations on popular trading platform BitMEX.
Stock futures are dropping again, suggesting Bitcoin may see another drop
The United States stock market rebounded today following yesterday’s unprecedented selloff, with all of the major indices climbing over five percent today.
Analyst: “miner capitulation” narrative proves Bitcoin is bottoming
There is no doubt that “Bitcoin miner capitulation” is the flavor of the week for Crypto Twitter.
Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days March 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […]
As the world turns to online shopping, Crypto.com offers rewards on gift card purchases for Whole Foods, Walmart, Amazon and more
Digital payment provider Crypto dot com has introduced rewards on purchases using its gift cards.
Remote vision: BlockDown 2020 delivers star names for online conference
This spring the crypto community will head online to participate in the first-ever BlockDown remote crypto conference and hear from visionary blockchain entrepreneurs and business leaders, including global music artist Akon, Co-Founder & Chairman of Akoin, Roger Ver, Executive Chairman of Bitcoin dot com, and Bitcoin Educator Jimmy Song.
In times of uncertainty and fear, Binance goes long on India
Binance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million.
The Bitcoin price has recovered by 24 percent in the last 32 hours from around $4,394 to $5,500.
Binance stablecoin’s exponential growth shows crypto investors are flocking for safety
Binance’s BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the crypto and global financial market.
Global interest for Bitcoin could be about to explode, here’s why
Trade volumes are booming on primary and secondary Bitcoin exchanges as Google searches for the number-one crypto skyrocket, indicating that to some degree a panic-induced flight to BTC may be in its early stages after the global economy’s recent capitulation.
Today was one of the worst single-day trading sessions the United States stock market has ever seen, with the benchmark indices erasing all of the gains that were incurred during the rally seen last Friday afternoon.
Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom
The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500.
Advanced botnet attack caused $1.2bn in Bitcoin longs liquidation on BitMEX
Bitcoin’s price struggle was further exacerbated last week when the coin plunged to $3,700 on BitMEX and caused almost $1.2 billion in long contracts to be liquidated on the platform.
Aftermath of bizarre Bitcoin crash: BitMEX overtaken by FTX and Deribit in Ethereum futures
BitMEX, one of the largest cryptocurrency futures exchanges in terms of daily volume, has fallen behind OKEx, FTX, Deribit, Huobi, and Bybit in Ethereum open interest after the overnight Bitcoin drop to $3,600 on March 12.
Bitcoin has arguably had its worst week ever; after peaking at $9,200 last weekend, the cryptocurrency plunged as low as $3,800, marking a drop of 60 percent in under seven days’ time.
Supply chains only need to use blockchain technology for data management
The first question supply chain management companies or teams considering using blockchain technology should ask is: ‘Should I use a database instead’? The frank answer is: Yes, but only if you are not sharing valuable or vulnerable information.
The search term “Bitcoin” has exploded in popularity on Google in the last week, suggesting the unfolding global economic crisis may be spurring on interest in BTC even in the wake of one of the coin’s most devastating sell-offs ever.