The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months of trading. Since launching on May […]
So, What Are Bitcoin Miners Actually Doing?
Let’s take a deeper look at what may appear as a magical process: bitcoin mining. An Overview Of What Bitcoin Miners Are Actually Doing This article, to a degree, builds upon my previous one. Before we peer under the hood, let’s look quickly at how miners have evolved. At first, the mining difficulty level was […]
Hype is over: How NFTs and art will benefit from each other moving forward
Leaving the hype behind, NFTs coupled with the art market can significantly improve and even transform the art industry in many ways. Due to the past nonfungible token (NFT) boom, the crypto and art communities have been collaborating closely — maybe for the first time in history. In both industries, there is a lot of […]
Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges
Top financial regulators in England and Japan have independently issued warnings on Binance for offering crypto exchange services to residents of the two countries without being registered with the regulators as required by law. Japanese Regulator’s Warning Japan’s top financial regulator, the Financial Services Agency (FSA), issued a warning notice to Binance Holdings Ltd. and […]
Indian Banks Halting Services to Crypto Industry Post RBI Clarification
Several Indian banks have reportedly halted services to customers dealing in cryptocurrencies despite the central bank, the Reserve Bank of India (RBI), informing them that the banning circular is no longer valid. The latest bank to join the fray is IDFC First Bank. IDFC First Bank has become the latest bank to halt services to […]
Kraken Daily Market Report for June 26 2021
Overview Total spot trading volume at $956.4 million, the 30-day average is $1.42 billion. Total futures notional at $365.8 million. The top five traded coins were, respectively, Bitcoin (+2.2%), Tether (0%), Ethereum (+1.1%), USDC (0%), and Cardano (-0.1%). Strong returns form Kyber Network (+9.1%), Kava (+6.7%), and SushiSwap (+6.0%). June 26, 2021 $956.4M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD BTC $32277. ↑2.2% $358.4M USDT $1.0 ↑0.0% $228.8M ETH $1830.0 ↑1.1% $208.0M […]
Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks
According to data aggregation platform PoolTool, Cardano (ADA) added more than 50,000 staking addresses in three weeks’ time, reflecting a substantial 8% growth in less than a month. Cardano’s total staking addresses surpassed the 600,000 milestone in early June as the attention around the platform continues to grow. Recent developments Currently, Cardano has a total […]
Cardano Price Should Breach This Level to Maintain a Bull Rally
The post Cardano Price Should Breach This Level to Maintain a Bull Rally appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Cardano, like all other cryptocurrencies, plunged in the aftermath of Bitcoin’s decline to a low of USD 1.00 on May 19. The ADA price surged by 40% to the north […]
Will Hoskinson Woo El Salvador President to Switch from Bitcoin to Cardano
The post Will Hoskinson Woo El Salvador President to Switch from Bitcoin to Cardano appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide El Salvador has proven to be a pro-crypto country by being the first country to adopt Bitcoin as a legal tender. The question now is, is the country open […]
Bitexen Review
Bitexen is an online crypto-currency trading platform developed by Bitexen Teknoloji A.Ş., which is founded at ITU ARI Teknokent Technology Development Zone in 2018.