The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...
Read More »Cover Protocol Exploited: The DeFi Token Plunged 80%
There has reportedly been yet another DeFi exploit, which resulted in massive declines for its native token. This time, the victim was Cover protocol, and its COVER token crashed by almost 80% on Binance within minutes.COVER has tanked by almost 80% before recovering to its current trading price. Regardless, the cryptocurrency is still down more than 50% from today’s high.COVER/BUSD. Source: TradingViewThe team behind the protocol has so far failed to provide any explanation for the crash,...
Read More »Bitcoin Price Faces the Biggest CME Futures Gap: What Does it Mean?
Bitcoin futures on the Chicago Mercantile Exchange (CME) have recorded the largest price gap to date of about $3,000. This came after a three-day Christmas break for BTC trading on the regulated exchange and a massive price jump for the asset resulting in consecutive all-time highs.Biggest BTC Gap On CMELaunched in late 2017, CME’s BTC futures product enables institutional investors to trade the primary cryptocurrency on a regulated platform. However, being a regulated establishment also...
Read More »Ripple Price Analysis: Upsides Likely To Be Limited Above $0.35
Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...
Read More »#1042 Das Ende der Zentralbanken, DeFi-Plattform 1inch Token Launch & Ethereum über $730
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1042. Im heutigen Video geht’s um folgende Themen: Das Ende der Zentralbanken, DeFi-Plattform 1inch Governance Token Launch & Ethereum über $730. 1.) Das Ende der Zentralbanken: Max Keiser rechnet mit Fiatgeld abhttps://www.btc-echo.de/bitcoin-das-ende-der-zentralbanken-max-keiser-rechnet-mit-fiatgeld-ab/ 2.) DeFi-Plattform 1inch erstellt eigenen Governance- und...
Read More »Altcoins Time? ETH Soars 15% As Bitcoin Dominance Drops Below 70% (Market Watch)
After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...
Read More »Room To Grow: Retail Interest in Bitcoin At Yearly High But Still Way Below 2017 Levels
Three years ago, Bitcoin prices were just cooling off from a surge to an all-time high of $20,000. The altcoins had yet to peak, but this would come in the first week of January.Fast forward three years and Bitcoin prices are just cooling off from a new all-time high of $28,400 on Sunday, December 27 according to Tradingview.com.Those that stood their ground and battled through the brutal two-year bear market will have done well. But many that FOMO’d into cryptocurrencies in 2017, possibly...
Read More »Italy Experiences Its Biggest Case of Digital Asset Fraud
An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...
Read More »Australia’s Love of Cryptocurrency Appears to Be Expanding
It looks like Australia is becoming a super haven for cryptocurrency and blockchain activity. According to a new survey, it appears that roughly 20 percent of the residents of the Great Outback have either owned cryptocurrency in the past or possess it at the time of writing.Australia and Cryptocurrency Are Becoming Long-Term PartnersThe survey comes by way of the Independent Reserve Cryptocurrency Index (IRCI). The platform conducts this survey annually and has discovered that 2020 was the...
Read More »Ethereum Breaks 2020 High: Inches Away From $700 (ETH Price Analysis)
ETH/USD – Ethereum Bulls Push To Fresh 2020 HighsKey Support Levels: $675, $665, $617.Key Resistance Levels: $700, $720, $733.Yesterday, Ethereum was struggling to break beyond $630. The resistance was finally penetrated today as it continued further above the previous 2020 high at $675 (bearish .786 Fib Retracement) to reach as high as $695 today.The break beyond $675 allowed ETH to create a fresh 2020 high today. With the current momentum in the market, it is likely that ETH will break...
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