Tagged: crypto market

Binance Revenues May Be Declining Rapidly, New Report Claims

A recent report has looked into just how quickly Binance revenues may be declining. Available trading data provides key insights regarding the status of Binance’s crypto-focused operations and its BNB digital token. As covered earlier this month, the WSJ had released an extensive report which… Read More

Crypto Infrastructure Provider Wyre to Wind Down Operations Due to Extended Bear Market

Crypto infrastructure provider Wyre is reportedly winding down its operations. This, after really feeling the pressure of dwindling interest in a volatile market that was promoted as the next frontier of innovative finance. The decision by Wyre, announced via a tweet this past Friday, comes… Read More

Crypto Jobs Report: Circle, Kraken, CoinDCX, Nium Looking to Hire New Talent

  Analysis of online jobs data has found that digital currency exchange Kraken is “leading” the crypto recruitment charge. The company is looking “to fill over 650 new positions in the past week in the UK and United States.” Further analysis shows that Jack Dorsey’s… Read More

El Salvador Connects Volcanoes to Blockstream Satellites, Fidelity Now Canada’s First Institution Focused on Bitcoin Custody: Report

The team at Blockstream notes in a report that Bitcoin is on track for its worst weekly drop in over 6 months. Blocktream writes in a blog post that declines this past week looked to be driven by “continued deleveraging and perhaps also exacerbated by… Read More

Antoni Trenchev from Nexo, which has Partnered with Ledger Vault, Reveals how he Accurately Predicted $50K Bitcoin Price

Ledger Vault has reportedly entered into agreement with Nexo in order to secure and protect clients’ funds. Ledger Vault aims to provide institutional-grade self-custody to Nexo. Through the partnership, which was announced on February 10, 2020, the companies will be focused on providing clients with… Read More

Low Percentages of Allocations to Bitcoin from Corporations May be “Relevant” in A Relatively Illiquid Crypto Market, Coinrule Argues

The team at Coinrule, a cryptocurrency trading startup that recently secured over £410,000 in funding through its Seedrs round, notes in a blog post published by crypto futures and options exchange Deribit that Investors now have a new option they can add to their investment… Read More

Bitcoin (BTC) Price has Been Surging Due to Very Different Reasons Compared to 2017 Bull Run: Report

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

$100 Million Accelerator Fund from Binance Now Support 11 Blockchain and Crypto Projects

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

Bitcoin (BTC) Surged 14% in Past Week, but On-Chain Trends are “Bearish” in “Extremely Short-Term”: Report

As Bitcoin (BTC) approaches the $14,000 mark, the “institutional wave” continues and the global financial markets experience uncertainty around US fiscal stimulus, according to a report from OKCoin. The San Francisco-based crypto exchange notes that Bitcoin price has surged during the past week as “a… Read More

Binance Explains Why Altcoins or Small Market Cap Cryptocurrencies have Outperformed Bitcoin, Ethereum, XRP

Binance, the world’s largest crypto exchange in terms of trading volume, is questioning or wondering why we have many small-cap altcoins (alternative coins besides Bitcoin, the flagship digital currency) that are outperforming BTC and other major virtual assets. Binance confirms that Bitcoin surged past the… Read More

New Analysis Claims that Ethereum (ETH) Price Might be Manipulated by Certain Large Crypto Exchanges and “Whales”

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

PwC Report: Significant Growth in Crypto M&A in Asian and European Markets

The majority of fundraising events and mergers and acquisitions (M&A) deals in the crypto asset sector are being finalized in Asian and European markets, overtaking the once-dominant role of the Americas, according to a recent report from “Big Four” professional services company PricewaterhouseCoopers (PwC). Released… Read More

Fresh from $30M ICO, Blackmoon Crypto Aligns with Allen & Overy

Blackmoon Crypto, a fintech blockchain-based company that raised $30 million during its ICO for its BMC token in September, has linked with global law firm Allen & Overy LLP to help establish the legal infrastructure that will serve as the backbone for Blackmoon’s crypto and… Read More

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