Markets

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...

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....

It looks like Coinbase’s good vibes for this week are not just rubbing off on BTC and mainstream forms of digital currency. Dogecoin – a joke token that uses the face of a cute little Shiba Inu dog as its mascot – has surged to a new all-time high and was trading for as much as 14 cents early Wednesday morning. Dogecoin Keeps Making Financial Waves This week was met with strong news surrounding the cryptocurrency space. The digital token industry just keeps growing like...

Notable tech investor Ron Conway called the crypto industry ”the next multimillion-dollar opportunity in innovation.” On the day when Coinbase’s (COIN) shares officially started trading, Conway opined that the crypto sector is quickly growing, but it is just getting started. Coinbase – ”The Google For The Crypto Economy” Ron Conway, an early investor in the largest U.S. cryptocurrency exchange along with popular corporations like Airbnb, Facebook, and Google, spoke about the...

The DeFi industry is booming, and there are no two ways around it. Ever since the summer of 2020, dubbed by many the ‘DeFi summer,’ the total value locked in various protocols is increasing, while the volume on decentralized exchanges and automated market makers is skyrocketing as well. However, this has also substantially increased the number of exploits in the DeFi space ever since. In 2021 alone, we saw an array of various scams, ranging from hacks, exploits, and rug...

[Featured Content] Cryptocurrency mining is becoming increasingly profitable as the market continues to grow in its valuation. However, investing in mining equipment, setting up mining rigs, joining a mining pool, or going forward on your own is all incredibly challenging for most users to handle. With this in mind, Enecuum brings forward a mobile blockchain-based protocol that enables everyone to take part in decentralized finance. Users are able to pool their untapped data...