Tag Archives: btcusdt

Bakkt, the Bitcoin derivatives trading and custody platform owned by the Intercontinental Exchange (ICE), has partnered with the investment management company Galaxy Digital to launch a joint trading and custody venture for digital assets.The official announcement unveiled earlier today informs that Galaxy Digital Trading, an affiliate of Galaxy Digital, will provide the market access and trading capabilities for the new collaboration. The Bakkt Warehouse, on the other hand, will serve as the...

A recent cryptocurrency scam running live on YouTube managed to dupe nearly $150,000 in Bitcoin from victims. Interestingly, the scam impersonated Elon Musk’s SpaceX channel and broadcasted recorded videos of the recent successful launch of two astronauts to the International Space Station.SpaceX And BTC Giveaway ScamFraudsters are frequently attempting to dupe victims with a form of a cryptocurrency giveaway. Oftentimes, they use a widely-popular current event to connect with the fake...

Bitcoin is expected to land on Germany’s Deutsche Börse XETRA stock exchange in the form of a physically-backed ETC in the coming week.According to German news outlet Handelsblatt, ETC Group will list the Bitcoin Exchange Traded Crypto (BTCE) on Deutsche Börse’s digital trading platform. Users from the UK, Italy, and Austria will also have access to the ETC when it goes live.Physically Backed Bitcoin ETC Set to LaunchThe Bitcoin ETC will launch with the full approval of Germany’s financial...

A study compiled by the American multinational financial services corporation Fidelity Investments informed that a third of large institutional investors own a form of cryptocurrency. The highest level of interest came from Europe, followed by the US.Institutional Investors Choose CryptocurrenciesAccording to the report from Bloomberg citing the survey from Fidelity, 36% of all 774 participants said that they own digital assets or derivatives. When broken down into smaller categories, the...

Coca Cola Amatil and digital asset integrator Centrapay have teamed to enable Australians and New Zealanders to buy Coca Cola with Bitcoin and other cryptocurrencies from more than 2,000 vending machines.Promoting Mass Adoption Of BitcoinAccording to a press release on Tuesday, Amatil’s customers now have Bitcoin and other digital assets as a payment option in their Sylo Smart Wallet, which they can use at any of the 2,000+ vending machines installed across Australia and New Zealand. The...

Egypt’s economic growth in the third quarter (Q3) of the current fiscal year has displayed a lower number than projected following the COVID-19 pandemic.At the same time, data shows that the peer-to-peer Bitcoin volume in the country has registered a fresh all-time high.Egyptians Trade BitcoinAccording to the information provided by the cryptocurrency statistics platform, CoinDance, the demand for the primary digital asset surged last week in the northeast African country.Egyptians traded...

The controversy surrounding Binance’s acquisition of the leading cryptocurrency prices aggregator platform CoinMarketCap (CMC) has become more heated due to recent changes made by CMC.Following the update in CoinMarketCap’s exchange ranking algorithm, several major crypto exchanges were stripped of their high rankings to unimaginable positions on the market table. CoinMarketCap is the world’s leading ranking platform and also one of the biggest websites in the industry. This is why positions...

Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow.The “Feepening” Ethereum Vs. BitcoinAccording to information from the cryptocurrency data company Glassnode, the daily Ethereum network fees surpassed Bitcoin’s on June 5th for just the second time this year. At that point, the amounts...

Yesterday, Bitcoin closed another weekly candle – the first week of June. During the past week, the price had gone through extreme volatility ($9100 – $10,500); however, there is good and bad news following the weekly close.The good news is that the weekly candle ended green while holding the long-term support at the ascending line started forming in January 2015. The weekly low was $9135 on Bitstamp, as seen on the following chart.The bad news is that the weekly candle could not close above...

Cryptocurrency derivatives trading volume reached a new monthly all-time high in May 2020, surpassing the previous record recorded in March, recent research indicates. Volumes on regulated exchanges such as CME soared as well for both futures and options trading. Crypto Derivatives Monthly Volume ATH According to the report by CryptoCompare, the monthly trading volume of cryptocurrency derivatives surged by 30% in May. It hit a fresh all-time high of $602 billion, beating the previous record...