Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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Price analysis 2/3: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM
Bitcoin’s (BTC) stellar run in the latter half of 2020 and MicroStrategy’s purchase of the digital asset appears to have attracted attention from several publicly listed companies in the United States. However, the lack of regulatory clarity could have deterred them from buying Bitcoin at lower levels.To address this issue, business intelligence firm MicroStrategy is…
Crypto wallet firm Ledger integrates tax solution to simplify reporting
The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills. 988 Total views 39 Total shares Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution.Ledger has partnered with cryptocurrency tax software ZenLedger to…
Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation.
For Some Reason, Wash Trading Happens on Decentralized Exchanges Too
Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators.Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their trading volumes. This was first highlighted by the Bitwise Report released in March 2019, which analyzed trading patterns on some of…
Milady NFT floor price surges after Elon Musk tweet
Floor prices for the anime profile picture collection hit a high of 7.8 ETH after Musk's promotion. 661 Total views 3 Total shares On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8…
IBM’s new ‘Lightweight Engine’ could be a game changer for fintech
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Key Metrics Show Institutional Interest in Crypto Is High and Rising
The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. Record Bitcoin options volumes are indicative of an increasing institutional interest in crypto, but there are better…
Bitcoin rejects $40K as US dollar strength hits 20-year high
Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDXY now in "parabolic rally"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $39,883 on Bitstamp before momentum waned, sending the pair $800…