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Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold … Read more
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Go to Source
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Go to Source
One CFTC commissioner dissented, calling the action “regulation by enforcement.” Go to Source
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research. Go to Source
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question. Go to Source
The applications cover ETFs from issuers including Grayscale, iShares, and Fidelity. Go to Source
Each futures contract is sized at one-50th of one Bitcoin. Go to Source
Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which … Read more
Synthetix faces fierce competition on the DeFi-oriented layer-2. Go to Source
