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Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with Cryptophyl’s new non-custodial exchange, Detoken. Also read: Film Reels and Steel: … Read more
Projects and members of the Bitcoin Cash community often need to share important information with other BCH enthusiasts. If you are involved with the cryptocurrency, there’s a website called BCH.gg you can use to shorten URLs, with each shortlink featuring the BCH name. Also read: How to Easily Convert Funds From BTC to BCH BCH.gg … Read more
After sideways trading in the past 2 weeks between the $6,100 and the $6,500 support and resistance lines, Bitcoin decided to say hello by bouncing between the two ranges in a matter of minutes. What caused the Bitcoin price to drop to a low of $6,100 then bounce up to $6,500 only to settle at … Read more
Cryptocurrency markets are volatile and people can make a lot of money from the up and down price variances. When digital assets touched all-time highs this past December, a great majority of digital currencies lost more than 70 percent of their value. Now some traders were able to call the top, while others ‘hodled’ in … Read more
Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into … Read more
Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning … Read more
According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at … Read more
Bitcoin markets and cryptocurrencies values across the board are seeing healthy rebounds after the past three weeks of price dips. At the moment there is some substantial consolidation happening, and BTC bulls are still trying to breach the $12K zone. They came awfully close last night, but failed to break the key price region. Now, during … Read more
Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four … Read more
It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange … Read more
