Binance and Orbs sponsor new accelerator for DeFi startups
The accelerator will incubate new and innovative DeFi projects with a blockchain-agnostic outlook. Go to Source Powered by WPeMatico
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Top crypto mergers and acquisitions of 2020
Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions. Go to Source Powered by WPeMatico
Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force
The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official. First proposed in August 2020, the digital service tax (DST) came into force on … Read more
Binance hits record high of $80B in daily volume as crypto markets surge
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms. Go to Source Powered by WPeMatico
Bitcoin price dip to $27K costs Binance long traders $190M in liquidations
Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes. Go to Source Powered by WPeMatico
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days
Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase … Read more
Binance US CEO predicts $100K Bitcoin by 2022
Coley said that Bitcoiners could see an “accelerated” version of the 2017 bull run eventually driving the price to $100,000. Go to Source Powered by WPeMatico
How DeFi trading is evolving after a whirlwind 2020
Although DeFi’s market cap has surged by 2,100% over the course of 2020, critics argue that the industry needs to evolve to be on a more sustainable footing. Go to Source Powered by WPeMatico
Binance launches bilateral Bitcoin European options
Crypto exchange Binance has announced the launch of “European-style” Bitcoin options contracts on its trading platform. Go to Source Powered by WPeMatico
Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k and $140k strikes, and data from skew.com shows some June … Read more
