Why is the crypto market down today?
The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market.
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What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?
Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit.Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index shedding more than 7% in the morning trading hours. A circuit…
Bye $7K? Bitcoin Price Pull-Back Likely After Impressive 80% Rebound
It has been a tremendous week for Bitcoin (BTC), as the price of Bitcoin rebounded from $3,800 to $6,800. However, a harsh rejection on Friday put a stop to the rally as the price dropped $1,200 within two hours. These have been unusual movements from Bitcoin, as the equity markets in the United States didn’t show…
Data shows pro traders are currently more bullish on Ethereum than Bitcoin
Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new high at 0.089 BTC on Dec. 9. ETH/BTC pair at Coinbase. Source: TradingViewTo put things in perspective, Ether's $490 billion market capitalization currently represents…
Argentina Drives Global LocalBitcoins Volume to Highest Since November
Trading volume on Finnish peer-to-peer (P2P) bitcoin (BTC) exchange Localbitcoins hit a high not seen since November 2018, reveals data shown on cryptocurrency analytics website CoinDance.According to data from CoinDance, LocalBitcoins global weekly bitcoin trading volume hit $65.6 million in the week ending on Sunday, July 7. This is the highest level since November last…
Bitcoin network node count sets new all-time high
Bitcoin’s node count has achieved another all-time high milestone with almost half of the nodes running on Tor. 657 Total views 3 Total shares The number of reachable Bitcoin network nodes has crossed the 13,000 mark for the first time. As previously reported by Cointelegraph, the previous all-time high was 11,613 achieved back in January.According…
Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
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Coinbase could see fee compression in long term, CEO expects
Brian Armstrong expects other revenue streams to take the lead in five or 10 years. 5242 Total views 19 Total shares Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company's shares list on Nasdaq today.In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns…