Crypto news

When compared with some of the world’s biggest tech startups, bitcoin is one of the fastest-growing industries the world has ever seen. The currency reached a $1 trillion valuation in half the time it took leading tech companies such as Amazon, Google and Microsoft. Bitcoin Has Reached $1 Trillion in 12 Years According to Crypto Parrott – a trading simulator in Ireland’s capital city of Dublin – Amazon took a whopping 24 years to reach a $1 trillion valuation. Microsoft...

The price of bitcoin just keeps on booming, and according to billionaire investor and former hedge fund manager Mike Novogratz, this is just the tip of the iceberg, as he believes the asset is going to spike much higher in the coming years. Mike Novogratz: Bitcoin Will Probably Keep Surging In a recent interview, Novogratz claimed: Right now, total crypto wealth is roughly $2 trillion, so that’s one half of one percent of all the wealth. If you do not think in the next...

The enhanced volatility in the past day caused nearly $10 billion in liquidations in less than a day as bitcoin, and all altcoins fell hard. Naturally, over 90% of the liquidated amount came from long positions.  CryptoPotato reported earlier today the adverse price developments in the cryptocurrency market. Bitcoin fell by more than $9,000 in hours, Ethereum lost $400, and so on. With most digital assets plummeting by double-digits, the cumulative market cap lost $360...

Not too long ago, Canada – the United States’ neighbor to the north – introduced its respective continent to the first ever bitcoin-based exchange-traded fund (ETF). The product has experienced solid popularity in this short period and is now valued at more than $1 billion in total assets. A Bitcoin ETF Is Truly as Popular as They Said It Would Be This past year’s cryptocurrency boom has arguably caused many people to swiftly jump into the cryptocurrency space. It has...

[PRESS RELEASE – Please Read Disclaimer] Polars Platform announced the date of its official launch of beta testing of the main functionality of the application on the Ethereum Rinkeby testnet. Testing will begin on April 25. Users will be able to mint and burn polar tokens, add and remove liquidity, swap polar tokens, and farm the governance token POL. At the moment, there is an entry into the white list of testers and more than 4,000 users have already expressed a desire to...

[PRESS RELEASE – Please Read Disclaimer] Lever.Network, the number one AMM-based decentralized margin trading platform is excited to announce the successful completion of a $600,000 seed funding round led by NGC Venture, ArkStream Capital, LD Capital and AU21 Capital, along with contributions from DAOMaker, YBB, DFG Crypto and other top VCs in the field. The fund raised from the seed round will be committed to the continuous growth and expansion of the Lever Network protocol...

Bitcoin (BTC) Price Analysis Bitcoin collapsed by almost 15% from today’s $60,000 opening price, reaching as low as $51,540 (as of now). The cryptocurrency had set a new all-time high price earlier in the week at $64,895 but failed to produce a daily closing candle above significant resistance at $63,760. Together with the bearish divergence that spotted on the 4-hour timeframe, and fundamental rumors and FUD, this resulted in one of the ugliest drops ever. In a matter of...

18th of April 2021, Singapore – The Decentralised platform DAO1 is developing the most futuristic community-led Socio-economic infrastructure for seamless financial services without intermediaries. DAO1’s Entry into the Alternate Finance Market Blockchain-based financial solutions have come a long way in the past few years, registering a growth of 143% in 2021 alone. That equates to $37.69 billion combining lending protocols, decentralized exchanges, derivatives,...

Another wild weekend in the crypto markets as Bitcoin plummeted by about $9,000 in hours amid rumors suggesting the US Treasury Department would charge several financial organizations for laundering money with cryptocurrencies. The altcoin market is also deep in red with double-digit percentages that evaporated more than $350 billion from the crypto market cap. US Treasury FUD Plummeted BTC? As reported yesterday, the primary cryptocurrency had regained over $2,000 of value...

Is it possible that bitcoin and cryptocurrencies get so big with time that governments around the world feel threatened? Is it possible that they become so scared that they ultimately decide to come after our assets and stop all trading activities everywhere? According to Jesse Powell, the CEO of popular cryptocurrency exchange Kraken, they could certainly try. Jesse Powell Is Warning Crypto Investors Several financial regulators over the past few months – including U.S....