8 hours ago · 2 min read
Ethereum bulls at grave risk of being squeezed as long positions continue rocketing
It has been a volatile week for Ethereum.
Bitmain launches new Antminer T19, but is it better than the S17 debacle?
Bitmain’s launched its new T19 mining rig yesterday, featuring improved software and efficiency.
BitMEX CEO Arthur Hayes: The Bitcoin rally isn’t “real” until $15,000 breaks
After holding under $10,000 for a week, Bitcoin saw an explosive breakout on June 1 that saw the asset reach a local high of $10,450 — the highest price since the February highs.
China’s calls for “speed up” of Hainan’s “Blockchain Pilot Zone,” no sign of crypto even as Digital Yuan rises
China’s leaving no stones unturned in its well-publicized quest to become the world’s leader in blockchain development and services.
The Bitcoin price surged by more than 191 percent in the past three months.
Thailand’s OmiseGo rebrands to OMG Network, Tether releases USDT noting Ethereum issues
Late on June 1, Thailand’s high-flying OmiseGo rebranded to OMG Network.
Neo becomes the founding board member of InterWork Alliance, joining Microsoft, IBM, Nasdaq
Blockchain platform Neo has announced that it has joined the InterWork Alliance (IWA) as a founding board member.
DeFi on track to become “liquidity blackhole” absorbing all idle assets: Ethereum investor
Decentralized finance (DeFi) may be one of crypto’s foremost use cases, but as it stands it has seen limited adoption.
Despite Bitcoin being down roughly 50 percent from its all-time highs, the vast majority of the benchmark cryptocurrency’s investors are profitable, with its immense climb from its March lows of $3,800 bolstering their profitability.
Ethereum traders prepare for massive volatility as options volume hits record highs
Ethereum’s recent really from the lower-$200 region to highs of $245 has allowed it to reverse the immense downtrend it had previously been caught in against its Bitcoin trading pair.
Despite Bitcoin’s strong performance against a backdrop of global turbulence in recent times, it is important to note that the stock market is still outperforming the benchmark cryptocurrency over a one-year period.
This Bitcoin developer is using “swaps” to solve BTC’s long-running “pseudonymous” privacy issue
Bitcoin’s privacy features have been under fire by critics since early 2013. While the protocol remains technically robust and mathematically secure, a loophole allows blockchain analysts and cryptographers to link transactional behavior with users, leading to some term Bitcoin as pseudonymous.
Inflation may grow as the US prevents negative interest rates, boosting Bitcoin bull case
One of the biggest Bitcoin catalysts over the past few months has been the introduction of negative interest rates into economies in Europe and Asia.
Early Bitcoin advocate explains how falling oil markets mean profits for America and China BTC miners
The world’s equity, fuel, and bonds markets have entered into uncertain and volatile periods — driven on the back of unstable trade wars, changing fundamentals, and the ongoing coronavirus pandemic.
Clash of the Titans: JPMorgan’s crypto stance could offer edge over Goldman Sachs
The traditional finance world has long been skeptical of the crypto market, with many financial “gurus” and banks criticizing the nascent market, frequently leaning against age-old talking points for why Bitcoin is bad.
Coinbase’s earliest investor starts accumulating Ethereum “again,” joining whales
After underperforming Bitcoin for weeks, Ethereum saw a healthy rally this week that saw it reach $245 on Saturday — the highest price since early March.
Although we are just months into the ongoing COVID-19 recession, it has purportedly shown clear structural issues in some of society’s largest institutions.
Ethereum’s upcoming 2 “Senerity” update is much-awaited among cryptocurrency circles.
ICON, South Korea’s biggest crypto project, enables cross-chain interoperability
South Korea’s ICON, regarded by some as the country’s biggest cryptocurrency project, launched a significant update for its protocol earlier this week.
Ethereum has found itself caught within an intense uptrend over the past day, with its overnight upswing invalidating the firm downtrend that the crypto has been caught within against its Bitcoin trading pair.
Why crypto: holding money at Citibank costs hundreds of euros a month
Crypto assets have long had an ambiguous set of use cases.
“Structural” shift in crypto options shows there’s an influx of long-term Ethereum bulls
Over the past few months and years, financial derivatives like options and futures have become increasingly important to crypto.
Bitcoin futures premium spikes as traders flip long; factors to consider
Bitcoin futures have seen rising premiums throughout the past week, pointing to a large spike in demand for long-favoring positions amongst traders.