According to PwC Asia and Europe are The New Lands of Crypto Fundraising

According to a report by Big Four auditing firm PricewaterhouseCoopers (PwC), most of the fundraising in the cryptocurrency space moved from the Americas to Europe, the Middle East, and Africa (EMEA), and the Asia Pacific regions (APAC). Fundraising efforts in the crypto space obtained 18% less funding, while funds in …

Binance Exchange is soon to Launch a futures platform of Trading

The world’s largest cryptocurrency exchange, Binance is soon to launch a futures platform of trading, where users will be able to select between 1-50x leverage. Changpeng Zhao “CZ”- The founder and CEO of the exchange announced a futures trading interface on Binance with specialities including longs and shorts on crypto …

BitMEX Dropped by 25% After Mass Liquidations

The amount of Bitcoin (BTC) maintained by crypto exchange BitMEX has dropped by 25% in the former few weeks. On March 12, During the crypto bloodbath, Bitcoin (BTC) plunged 50% from a price of over $10,400. Mass liquidations on BitMEX were supposed to work in the crypto crash. Since then …

After Accidental Bitcoin Plug, Trump expects oil prices crash to just $9

Donald Trump, President of the United States, after accidentally advertising Bitcoin (BTC) last week, has now indicated that he expects oil to crash to just $9. In a press conference, Trump restated what has enhanced a propensity for lower oil prices, on March 31. Luke Martin, Trader & Analyst, tweeted: Donald …

Be Cautious of a Network of Fake Bitcoin QR Code Generators, $45,000 stolen

A network of fraud QR code generators has stolen more than $45,000 from Bitcoin (BTC) users in one month. Around nine websites provided users with the ability to enter their Bitcoin address, a long sequence of text where Bitcoin funds are deposited, and convert it into a QR code image …

Bitcoin Price Consolidates-Monero (XMR) Surged 99.5% Quietly

After dropping to $24.05 during the strong marketwide correction that happened on March 12, Monero (XMR) has surged 99.5% and currently trading at $49. The new restoration occurred on consistently influential procuring volume and the altcoin has spent the last 10 days trading in an ascending channel. Here, the XMR/USDT pair …

Hash Rate is Collapsing Faster Than Bitcoin’s Price

The Bitcoin (BTC) network hash rate has just taken a steep fall and is now below almost 45% from its 2020 peak. On March 1, The network’s hash rate dropped from 136.2 quintillion hashes per second (EH/s) to 7.5.7 EH/s today, March 26, according to data from Blockchain.com.  Coin.dance, another analytics site …

Bitcoin Price On $2 Trillion Stimulus Agreement Inches Higher to $6.7K

On March 25, Bitcoin (BTC) price is raising beside U.S. equities markets, which yesterday marked a memorable 11%+ rise on news of a potential multi-trillion-dollar economic stimulus package. The strong relief rally was the only largest daily rally since 1933. This rally also explained that investors foresee that the stimulus …

BitMEX supports mass liquidation event in BTC Price Crash

Bitcoin (BTC) derivatives exchange BitMEX remains to handle objections after trying to explain a mass liquidation experience through which BTC/USD dropped 60%. In a blog post on March 23, BitMEX asked what it says were “a number of questions” from traders after the event happened 11 days ago. BitMEX insurance fund  BitMEX …

How High BTC Price May Reach, If $6.4K Becomes New Support?

Bitcoin (BTC) traders now seem intent on pushing the price higher to $7,200, BTC returned from 21.6% to a new high at $6,375. On March 13, the digital asset has made a remarkable 66% recovery since falling to $3,775, and the majority of altcoins are also indenting double-digit gains. But …