Is Bitcoin price going to crash again?

With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. 523 Total views 41 Total shares Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of…

Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000.This suggests that analysts are positive for the rest of the year and anticipate the bull run to…

Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC).The latest unaudited Q4 and 2019 financial results from the China-based company said that its total 2019 net revenue was $204.3 million. This represents approximately half of…

Heather Morgan, aka Razzlekhan, has been spotted in several Bitcoin events, the latest at the Bitcoin Conference 2024.

China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets.As Reuters reported on Dec. 24 citing a senior government official, a new research initiative will accompany the expansion of Beijing’s blockchain cross-border financing pilot platform.China looks to control a new situation in…

The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets. 736 Total views 28 Total shares In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform.…

Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May. 97 Total views 2 Total shares Cryptocurrency exchange Coinbase has rolled out a crypto lending service for institutional investors in the United States, reportedly aiming to capitalize on massive failures in the crypto lending

The CEO of Bubblemaps joined the Space to watch and was treated to an “absolutely savage” show.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Tom Lee, managing partner and head of research at Fundstrat Global…