This week saw a serious correction in the total cryptocurrency market. This has resulted in Bitcoin falling below the $1 trillion market cap level. The price corrected by more than 20% at one point as it lost around $13,000 from the recent all-time high before correcting to where it currently trades at around $48K. In...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Monero continues correcting after the February rally. On Friday, February 26th, the cryptocurrency is trading at $197. XMRUSD has been falling this week. In the daily chart, Monero is testing 38.2% fibo. The next correctional target within the ascending tendency may be the support at 50.0%, a rebound from...Read More
New York City-based asset manager Stone Ridge has filed documents with the US Securities and Exchange Commission on behalf of its diversified alternatives fund to introduce BTC as the seventh investment strategy. According to the filing with the SEC, the addition will become effective on April 26th, 2021. However, it doesn’t necessarily mean that the...Read More
The Dubai-based global cryptocurrency investment fund FD7 is will be selling off $750 Million worth of Bitcoins and use the fund towards investment in Polkadot’s DOT and Cardano’s ADA. The main reason behind the move is said to be the need for diversified investment portfolios, it is only rational to make various investments in the...Read More
Dubai-based cryptocurrency investment fund currently sitting on $1 billion in AUM believes that the value of Cardano and Polkadot will be higher than that of BTC in the upcoming years. Consequently, the fund has announced plans to dispose of $750 million of its Bitcoin holdings and expand its exposure to ADA and DOT instead. Crypto...Read More
The narrative that investors should allocate 1% of their portfolio in bitcoin as a hedge has received support from strategists representing the giant US multinational investment bank – JPMorgan Chase & Co. The analysts also highlighted the evaporating liquid supply, as giant institutions and corporations are purchasing substantial quantities rather rapidly. JPM Suggest: Put 1%...Read More
Having more than $3.3 billion in Bitcoin is not enouch for Michael Sayloer, … He’s addicted to (or in love with) Bitcoin and wants more of it, the cries of alarm by many financial market analysts. Speaking as a guest on a panel at Bloomberg Crypto Summit this Thursday, Saylor assured that right now, his...Read More
Launched in 2017, BC.Game is a one of a kind casino. The platform caters to players around the world with an incredibly broad range of cryptocurrencies. They offer only proprietary games, further establishing themselves in the highly entertaining, niche market that they have created for themselves. If you’re looking for something different and exciting in...Read More
In a blog post on Feb. 26 titled “Crypto goes mainstream” the retail trading app revealed that it had seen six million new customers on Robinhood Crypto so far this year. The number of new monthly customers buying from its crypto platform in 2021 is 15 times the 2020 average. “By comparison, this number peaked...Read More
One of our biggest responsibilities is making sure we provide markets for products that command liquidity and reflect the preferences of our user base. This sometimes requires us to allow some contracts to ‘sunset’ – in other words, allowed to expire and not be renewed. With this in mind, the ADAUSDT, BNBUSDT, DOTUSDT, EOSUSDT, XTZUSDT,...Read More
