Cryptocurrency Analysis and News Portal
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors of Crypto Scams The U.S. Securities and
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Ethereum trends show it’s becoming more valuable as ETH 2.0 draws near. Thus, institutional investors are clamoring to get in on the action before it is too late. A signal for this has been ETH Futures have been trading at a higher basis premium than BTC Futures on CME. ETH
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PayPal’s latest decision to launch a cryptocurrency checkout service included support for four digital assets: bitcoin, ether, bitcoin cash, and litecoin. Still, Binance exchange’s native cryptocurrency, Binance Coin, benefited the most from the global payment giant’s pro-crypto declaration. Binance Coin, or BNB, surged more than 8 percent on Tuesday, hitting $304.39,
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As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated.The situation becomes even worse as centralized exchanges also offer staking opportunities. Therefore, the need for a
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An early morning sell-off in the Bitcoin market hinted at calming down after more corporates revealed their investments into the cryptocurrency. Meitu, renowned globally for its photo editing app, incorporated $17.9 million worth of Bitcoin and $22.1 million worth of Ether (the native cryptocurrency of the second-largest blockchain project, Ethereum) into
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Bitcoin has had an up-and-down day and ether has performed similarly. But decentralized finance hit a new milestone.Bitcoin (BTC) trading around $37,616 as of 21:15 UTC (4:15 p.m. ET). Gaining 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $36,207-$38,731 (CryptoX 20)BTC above the 10-hour and the 50-hour moving average on
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Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio to include the cryptocurrency’s hashtag and it has ignited a flood of FOMO from retail
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XRP’s double-digit gains could be the result of a bold bet by retail investors, especially those in Asia, that the cryptocurrency’s price could follow the broader crypto bull run. The latest rally surprised many because it is happening not long after XRP crashed on the news the U.S. Securities and
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The “kimchi premium” has returned. Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging in that country. However, analysts and traders warn that certain market players could take advantage of arbitrage opportunities, resulting in short-term price volatility.The “kimchi premium,”
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