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Bitcoin Price Holds Key $5.9K Support, Avoiding a Retest of Recent Lows

As the Coronavirus pandemic continues to unfold, markets, both traditional and crypto, remain highly unpredictable. Even gold has failed to provide safety for investors and Bitcoin is undergoing a demanding test as a new asset class in an unprecedented health and financial crisis.Crypto market daily performance. Source: Coin360As traditional

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MakerDAO Considering USDC Collateral Support For Enhanced Liquidity

MakerDAO, leading player in the decentralized finance sector, is facing liquidity risk in an uncertain market. The MakerDAO community is considering adding support for USDC, the cryptocurrency associated with Circle, as an alternative collateral to help bear this risk, according to a community thread on March 16. MakerDAO’s Foundation Dev

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Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education

Binance CEO Changpeng Zhao has announced that the company will launch a fiat gateway for South African users, allowing them to make Rand deposits. The announcement was made on day one of the Blockchain Africa conference being held in Johannesburg this week.CZ confirmed that South African traders would soon

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Crypto Lending Firm Blockfi Adds Support For Buying Cryptos With Cash

Cryptocurrency-backed lending startup Blockfi added support for buying cryptocurrencies such as Bitcoin with cash on the platform. The purchase can be made by sending cash through wire transfer.Blockfi said the customer can send US Dollar wires to the platform to purchase stablecoin in the form of Gemini Dollars (GUSD), and

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