Bitcoin (BTC)

[Featured] Money on Chain (MOC) is among the first bitcoin-collateralized DeFi solutions with various features. It allows bitcoin holders to earn a passive income from staking their BTC. It also provides bitcoin-collateralized stablecoins to users who wish to mitigate volatility risks, and it has a bitcoin leverage asset for those who want to increase their long position exposure. Now, by extending its technology to the RIF ecosystem, MOC also provides a foundation element for the creation...

The price of Bitcoin has fallen under $7,000 in response to the serious crash of WTI oil futures price.The role of Bitcoin, especially with the ongoing coronavirus pandemic, has been one to watch since the outbreak started. Many expect Bitcoin to be a serious game-changer especially as the financial markets continue to crumble. Bitcoin proponents also tout the king coin as a safe-haven asset, in times of uncertainty like the current pandemic. However, Bitcoin seems to be suffering because of...

It looks like many Americans are potentially spending their newfound stimulus checks on bitcoin and other cryptocurrencies. Several digital currency trading platforms, such Coinbase, are reporting purchases of exactly $1,200 over the past few days, the maximum amount of the checks that citizens are receiving from the federal government.Paper Checks Are Going Towards CryptoThese checks are designed to give Americans some relief from the coronavirus pandemic that first began wreaking havoc on...

Bitnomial is the latest cryptocurrency exchange to receive the green light from the US Commodity Futures Trading Commission (CFTC) for offering US Bitcoin futures and options as designated contract markets (DCM). Announced on April 20, the derivatives contracts are to be margined and physically delivered, which means that traders will get Bitcoins after the final settlement of the contract. User Acceptance Testing Scheduled For This Month Even though the launch date of derivatives trading is...

Tezos is likely to correct downward to $1.6 if the price plunges below a five weeks wedge. Against Bitcoin, XTZ established resistance around 32840 SAT after gaining 27% in two weeks. Nonetheless, Tezos is still looking bullish across trading pairs despite the recent drops. XTZ/USD: Tezos Looking Bullish But Breakout Is Imminent Key Resistance Levels: $2.36, $2.5 Key Support Levels: $1.85, $1.6 XTZ/USD. Source: TradingViewTezos lost 7% overnight following the latest fall in Bitcoin’s price...

Money on Chain has revealed a new range of products backed by the RSK Infrastructure Framework (RIF) token that is operated by IOV Labs and offers various developer solutions.So far in the evolution of DeFi, Ethereum has hogged the spotlight. However, with interoperability becoming a significant area of focus for developers, 2020 could be the year that changes. Now, Money on Chain, the company that launched Bitcoin-backed stablecoins in December 2019, has announced a new range of products...

Prominent American economist and full-time Bitcoin slammer, Peter Schiff, used the recent oil slumps to bash against the primary cryptocurrency. He believes that the events have still not validated Bitcoin as an asset class, but that the downside risk it provides is “only” 100%. Schiff: BTC’s Risk Is Limited To 100% It seems today that Schiff, the CEO, and CGS of Euro Pacific Capital, uses almost all current economic events as an opportunity to talk down the largest cryptocurrency by market...

Bitcoin and altcoins leverage trading is becoming more and more popular. This is especially true in times of serious volatility when traders attempt to capitalize on the sudden market movements. As such, there has been an influx of new Bitcoin margin trading exchanges, and PrimeBit is among them. Being relatively young, the exchange offers a comprehensive trading setup and an interface that’s relatively easy to use. PrimeBit Security 8.0 Coin Variety 7.5 Liquidity...

XRP saw a 3.5% price decline over the past 24 hours of trading as the cryptocurrency battles with the $0.18 level. The support here is provided by a rising trend line, and a break beneath this could result in XRP unwinding toward $0.16. Against Bitcoin, XRP rebounded from 2650 SAT but is facing resistance at a falling trend line. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.171, $0.165.Resistance: $0.191, $0.2, $0.208.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2560...

The current crisis, largely induced by the unexpected spread of the novel coronavirus (COVID-19), took its toll on oil prices. For the first time in history, crude oil trades below zero, meaning that producers are paying the buyers for disposing of their supplies. While this is undoubtedly an event to be remembered, it’s unlikely that this will have a severe impact on Bitcoin’s price. Crude Oil Prices Tank Below $0 Benchmark US crude oil prices sank to below $0 on Monday for the first time...