Bakkt closed a $300 million Series B fundraising round. The round was led by Microsoft’s M12, Pantera Capital. PayU and other prominent companies.Bakkt, the cryptocurrency derivatives exchange, has undergone series B funding. This was to the tune of $300 million. Sources say that the exchange involved many partners. Intercontinental Exchanges (ICE), which is Bakkt’s parent company, Microsoft‘s M12, Pantera Capital, PayU, CMT Digital, Boston Consulting Group, and Goldfinch Partners were among...
Read More »Bitcoin Price Rose to $5,900 after Fed Zero-Rate Cut but Then Fell Below $5,000
Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.Bitcoin price went up after the U.S. Fed announced a massive rate cut. Sources say that this occurred late on Sunday as global economies were still reeling from the effects of the COVID-19 situation. It also reportedly came with a $700 billion stimulus program to protect the U.S. economy from the effects of a global...
Read More »Bitcoin and S&P 500 Correlation Has Never Been So Accurate
Bitcoin and S&P 500 Price Index correlation proves that cryptos and stocks have one thing in common – the American retail investors and corporation bosses. This week is one of the most dangerous in the last 11 years, as the corporate and personal income melts amid coronavirus preparations.People see what happens in Italy and rush to the supermarkets to buy tons of food, supplies, toilet paper and so on. The shares and stocks lost another part of their value, and cryptocurrencies received...
Read More »#834 Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 834. Heute sprechen wir über folgende Themen: Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht – erhebliche Einschränkungen im deutschen Alltag. 1.) Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QEhttps://cointelegraph.com/news/bitcoin-price-tops-59k-as-fed-cuts-interest-rates-to-0-restarts-qe 2.) Deutschland macht...
Read More »Bitpanda: Wer jetzt Bitcoin kauft wird belohnt
Im Prinzip ist immer dann eine gute Gelegenheit, Bitcoin zu kaufen, wenn der Bitcoin-Preis gecrasht ist. Klar, wohin die Reise geht, weiss natürlich niemand. Aber es ist sicher besser, Bitcoin bei einem Crash zu kaufen, als auf einem Allzeithoch einzusteigen. Buy The Fear, Sell The Greed, sozusagen. Die Wiener Bitcoin-Börse Bitpanda bietet ab sofort eine angenehme Möglichkeit, sich einen SEPA-Sparplan...
Read More »OKEx Surpassed BitMEx in Bitcoin Futures Volume
OKEx surpassed BitMEX in the Bitcoin futures volume while exchanges face challenges in dealing with extreme market.The cryptocurrency market fell prey to the global instability, which contributes to the catastrophic falling of Bitcoin, the largest cryptocurrency, from $9K level to $3k level. Starting from 7 March, the asset showed pressure on the resistance level, and continued the downwards trending until today, without indicating any strong bounce back signals yet.OKEx Dominates the Bitcoin...
Read More »Cryptocurrency Prices Slide as Bitcoin, XRP and Ethereum Go Down
Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.Cryptocurrency prices slid yesterday to new lows. Sources say that the prices of cryptocurrency tokens have tanked since yesterday. This follows a general market malaise as other markets performed even worse. This is mostly due to the COVID-19 situation. At some point trading on some markets had to be reportedly...
Read More »Bitcoin Price Drops to $3,637 but Rebounds Above $5,000 within Minutes
In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.The crypto market is so volatile that incredible changes can occur within minutes. A prime example of such a leap is the leading digital currency. First, Bitcoin price drops to $3,637, but in just 30 minutes, it bounds back and jumps to $5,260. Such performance is accompanied by the downward movement of the...
Read More »BitMEX Derivatives Exchange Liquidates $700 Millions of Orders amid Bitcoin Price Crash
Friday 13 is at the beginning, but the market already shows the scary new Bitcoin’s bottom of $4,900. BitMEX derivatives exchange is reporting a huge wall of long orders sell-offs.BitMEX report that they have the biggest order liquidation sequence in the last 16 months. Both longs and shorts have been selling crypto, which causes further price fall and extreme fear. The BitMEX exchange had destroyed orders worth of $702 million. This sum is somewhat a record since November 2018.During the...
Read More »Huge Panic Grips Crypto Market: Ethereum, XRP and Other Altcoins Fall by 20-30%
The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.Today will remain engraved in most crypto enthusiasts and investors’ minds, not for the good reasons, but rather since most altcoins, including Ethereum and XRP, have shed a huge portion of their prices by about 20-30% in the past 24 hours. The huge free fall has been attributed to a panic sell-off, as investors run for safety to avoid risky...
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