Wednesday, June 26, 2024
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Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher

In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the 'Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added to the exchange and begin trading on March 11

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UK Crypto Derivatives Ban Seen Having Limited Effect on Small Market

The U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies is likely to have a minimal impact, partly because the market is so small, according to analysts and industry executives who track the trading business.Some U.K.-based brokerages that had offered the crypto derivative

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The MicroStrategy Effect? This Firm Is Helping Businesses Save in Bitcoin

The COVD-19 pandemic and its accompanying monetary policy have caused a surge in demand for bitcoin, and now companies are eying “digital gold” to protect their treasuries from cash depreciation. Announced Monday, bitcoin financial services firm Unchained Capital has released an “advanced business account” specifically targeting firms that not only want

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