Tag Archives: BTCEUR

Bitcoin went through a sudden crash in today’s European morning trading session, losing around $3,000 of its dollar value in less than an hour. As it’s almost always the case, this caused a serious wave of liquidations throughout the entire market, with over $600 million of leveraged positions wiped out. In the past hour, data shows that there are over $600 million liquidations – both long and short. The overwhelming majority of liquidations were long positions, accounting...

A global open-source hybrid blockchain protocol, eXchange inFinite (XinFin), has partnered with the enterprise software firm R3. As a result, the latter’s DLT-based platform Corda will use the XDC token as the primary settlement coin. The Bridge Between R3’s Corda and Blockchain Networks In a press release shared with CryptoPotato, both parties announced the collaboration, which will establish a bridge between R3’s Corda network and other blockchain platforms. Described as a...

Smaller investors would be able to take advantage of CME’s regulated Bitcoin futures contracts as of May 3rd, the organization announced earlier today. This would be possible in the form of so-called Micro BTC futures contracts, which will be one-tenth the size of one bitcoin. Micro Bitcoin Futures Contracts on CME Founded over a century ago, the Chicago Mercantile Exchange is among the largest global derivatives marketplaces and one of the first-ever regulated establishments...

The latest report by on-chain analysis provider Glassnode has unraveled more details on Bitcoin spending habits that could suggest that market sentiment is still bullish. Glassnode observed that held coins are beginning to mature, and continued outflows from exchanges demonstrate accumulation is not slowing down. #Bitcoin held above $50k last week as early signs of coin maturation showed up on-chain. This week we analyse– Ageing of coins bought in this bull– Spending...

After a slow weekend where the price more or less remained unchanged, Bitcoin made a move today, giving new bullish targets.There might be a reason for that, according to analysts at CryptoQuant.Bitcoin Price Eyes $60KEarlier today, CryptoPotato reported that Bitcoin’s price appeared stuck around $55K despite the volatility during the weekend.However, being the beginning of a new week, Monday saw positive developments in regards to the price, as BTC soared around $3,500 in a matter of hours,...

Latvia’s flag air carrier, airBaltic, has reaffirmed its pro-cryptocurrency approach by enabling customers to make bookings with other digital assets, including Ether (ETH), Dogecoin (DOGE0 and Bitcoin Cash (BCH). Those tokens have joined the list of four USD-pegged stablecoins and the first-ever cryptocurrency – Bitcoin.DOGE and ETH to Be Used for Air TravelAS Air Baltic Corporation, also referred to as simply airBaltic is Latvia’s flag carrier that has also displayed a pro-digital asset...

A few months after launching Bitcoin custodial services in the US, the nation’s oldest bank, BNY Mellon, has doubled-down on its interest and involvement with the first-ever cryptocurrency. It has published a report attempting to determine bitcoin’s value by comparing BTC with gold and referring to the popular stock-to-flow model.BNY Mellow Evaluates BTCIt wasn’t that long ago that giant banks steered clear from the entire cryptocurrency industry while only making brief and rare comments...

After a calm and stable weekend, Bitcoin starts the new week following exciting news about Visa accepting payments in USDC.Over the past week, BTC recorded its lowest price in 2.5 weeks. This happened on Thursday.However, Bitcoin showed strength, finding support on top of the 50-day moving average line (marked pink as can be seen on the following chart) and maintaining this critical support area (around $51k) on a daily timeframe.Over the following days, the strong momentum continued as...

Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program.  The company’s standard settlement process requires parties...

Earlier in March, he called bitcoin “nonsense” and criticized its energy consumption levels. A few weeks later, the Norwegian billionaire, Øystein Stray Spetalen, said he was wrong about the first-ever cryptocurrency and even bought some for himself.Early March: Bitcoin is NonsenseThe 58-year-old Spetalen is the founder of SD Standard Drilling Plc and Standard Drilling ASA. He’s a well-renowned investor and trader who began his trading career in 9th grade.During a DNB Invest conference in...