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Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
A peculiar phenomenon is occurring within the economic sector. In fact, it’s been transpiring over the past few decades. After the rise of the internet and the development of effective communications, the financial industry underwent a technical reconstruction. Those formerly disbarred due to a lack of capital found refuge in this revolution. Internet brokers and…
Huobi closes crypto derivatives as part of wind-down for Chinese traders
By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China. 644 Total views 11 Total shares Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned.Earlier this month, cryptocurrency exchange announced on its website that it will settle all…
Why is Ethereum (ETH) price down today?
ETH price dropped over 8% in the past 24 hours, driven by a growing sell-the-news sentiment following the launch of Ethereum ETFs.
Crypto Markets See Green, US Stock Futures Solid Ahead of Goldman, Citi Earnings
Monday, April 15 — after yesterday’s mixed movements, all of the top twenty cryptocurrencies are seeing solid green on the day to press time, seeing growth of between one and 10%, as Coin350 data shows. Market visualization courtesy of Coin360Bitcoin (BTC) is up around 1.5% on the day and is trading just under $5,200 by press…
Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.
Price analysis 5/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.
Propelled by crypto inflows, US ETF assets hit record $10 trillion
Cryptocurrency ETFs saw inflows exceeding $20 billion in 2024, according to Morningstar.
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates. The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and…