Ethereum lacks a 'simple one-liner' elevator pitch for boomers — Analysts
While Bitcoin is often marketed as “digital gold,” Ethereum hasn’t quite found its simple elevator pitch yet, according to crypto analysts.
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Tanzania central bank may rescind crypto ban after presidential endorsement
President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition. 1333 Total views 7 Total shares The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president.According to Reuters, Tanzania’s central bank has begun working on…
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4 key indicators reflect extreme optimism from pro Bitcoin traders
Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at OKEx and Huobi exchanges.Considering that derivatives markets are now playing a much bigger role in Bitcoin price fluctuations, it…
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Binance Futures Hits $2.7B All-Time High as Firm Adds Futures on iOS
Binance, the second-biggest cryptocurrency exchange by daily trading volume at press time, now supports Bitcoin (BTC) futures trading on its new iOS app.After Binance initially launched its two futures testnet platforms on Sept. 2, the exchange now allows its users to trade Bitcoin and Ether (ETH) futures contracts via its newly released iOS application, according…
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Roses are red, violets are blue, Bitcoin hits $49K and a new all-time high too
The price of Bitcoin (BTC) achieved a new record above $49,000 on Valentine's Day on Feb. 14, rising to as high as $49,344 on Coinbase.There are three main reasons Bitcoin surged to a new all-time high, namel high stablecoin inflows, clean break of the $38,000 resistance area, and a prolonged consolidation phase.BTC/USD 4-hour price chart…
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Exchange OKEx Launches Data Analytics Platform for Derivatives Trading
Malta-based digital asset exchange OKEx has launched a new comprehensive data insights platform that covers trading trends for derivatives.According to a press release shared with Cointelegraph, this platform will reportedly allow OKEx users to see real-time data on the exchange’s futures and perpetual swap markets for nine major tokens, including the top cryptocurrencies BTC, ETH,…
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DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year.Yet, DeFi’s potential may still not be realized by business…
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Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash
Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin volume surges with more expectedData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $28,000 on Bitstamp — its lowest since May 12 and the Terra LUNA implosion. Progress…
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Chamber of Digital Commerce Proposes Guidelines for ‘Responsible’ Crypto Market Growth
The Chamber of Digital Commerce Token Alliance has released a collaborative report of proposed guidelines for “responsible growth” of the cryptocurrency market, according to their July 30 press release. The Chamber of Digital Commerce is a blockchain and cryptocurrency advocacy group, founded by Perianne Boring in 2014. The document, entitled “Understanding Digital Tokens: Market Overviews…