Although it is true that most cryptocurrencies have experienced significant losses in recent weeks, similar losses have been seen on multiple occasions in the past, and the market has always bounced back stronger than before.The last month has been an interesting time for both cryptocurrency traders and holders, as the cryptocurrency market witnessed one of the biggest crashes in its brief history.As it stands, the vast majority of cryptocurrencies have lost more than 40% of their value in...
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 »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 »Blockchain.com Says ‘Never Sell’ to Bitcoin Holders with New Borrow Option
Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.Blockchain.com once was responsible for 70% of all the BTC wallets. Today, users can borrow USD (in stablecoin) and keep the precious Bitcoin for themselves. If they will pay the credited funds back after some time, of course.Per the official announcement made on Tuesday, Blockchain.com (former Blockchain.info) offers a new borrow...
Read More »Bitcoin Price Slides Back Below $10,000 but Bitcoin Halving Is Just 82 Days Away
The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did. It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...
Read More »Binance Is Heading Toward Global Fiat Market Seizure, 15 Fiat Currencies Added
Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.Binance is adding more and more fiat currencies on its way to global dominance. It’s one of the major exchanges for cryptocurrency novices and pros,Israeli cryptocurrency payments startup Simpex will help the Binance exchange with the handling of fiat payments. Binance announced on Friday that users now can buy...
Read More »Reginald Fowler-Related Santander UK Accounts Are Arrested
On February 5, the Reginald Fowler’s case got an important update regarding three bank accounts in Santander UK. The assets held in them have been restrained.The U.S. Government has issued a sealed post-indictment restraining order. In the document added to the CourtListener on February 5, 2020, there is an update regarding the case against Crypto Capital Co. functionary Reginald Fowler, presumably working for Bitfinex. It appears that Reginald had some bank accounts related to him in the UK....
Read More »Binance Unites with WazirX P2P Cryptocurrency Exchange
WazirX and Binance joined forces via API to offer Binancians the possibility of P2P trading, the opportunity to work with USDTand INR, as well as other new functionality.Binance has announced the integration of Indian Rupee through WazirX. The integration via the API will occur on 13.02.2020. Binance users will receive the right to transfer funds between their WazirX wallet and Binance without any burdens. If you already have a Binance account, you can sign into WazirX using these...
Read More »Binance Futures Will Launch BNB/USDT Perpetual Contract to Allow Risky 50x Leverage
Binance is implementing the new BNB/USDT perpetual contract feature. The trading launch is scheduled for 10.02.2020, 08:00 AM (UTC).Binance will leave the traders with no chance of performing manipulations. In the first 15 minutes of the new contract trades, a 1% pricing limit will focus on the marked price. Since now, BNB holdings are updating themselves according to the new Futures account calculation scheme. Its the sum of the Binance Coin balance’s hourly snapshots of Futures balances,...
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