Canadian Bitcoin miner Blockstream joins crypto unicorns with $3.2B valuation
Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator. Go to Source Powered by WPeMatico
BitFinex
Auto Added by WPeMatico
Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Go to Source Powered by WPeMatico
2022 trial date set for Tether’s accused ‘shadow banker’ Reggie Fowler
Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year. Go to Source Powered by WPeMatico
Here’s how altcoin futures volumes and the USD lending rate signal market crashes
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash. Go to Source Powered by WPeMatico
Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital … Read more
Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K
$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up. Go to Source Powered by WPeMatico
Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Go to Source Powered by WPeMatico
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction? Go to Source Powered by WPeMatico
Major Cryptocurrency Exchanges Explore Entering Indian Crypto Market
Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an … Read more
Crypto exchange giants mulling India foray despite regulatory uncertainty
Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors. Go to Source Powered by WPeMatico