Latest Market News
Leading cryptocurrency exchange Binance has made an investment in cryptocurrency derivatives exchange FTX.
The $4,1bn-worth CEO of Twitter, Jack Dorsey made an open call to anyone who could deliver a base-layer for decentralizing social media platforms such as Twitter, saying that he would fund a team of blockchain engineers and architects who would take on the task, adding up that Twitter would be their first guaranteed customer.
Cryptocurrency traders can access a number of stablecoins that perform a very similar role to USDT. Below, we provide some of the best Tether alternatives by taking key metrics such as liquidity and the number of supporting exchanges into account.
So, it finally happened! BItcoin collapsed beneath the $7,000 level after seeing an epic 9% price decline over the past week of trading. Bitcoin saw a futher 4.20% price drop over the past 24 hours of trading that brought the cryptocurrency down toward the $6,558 level. Over the past 30 days, Bitcoin has now lost a total of 24%.
Tachyon Protocol, a decentralized internet protocol co-developed by V SYSTEMS and X-VPN, announces that its native utility token IPX is officially listed on Bithumb and Bithumb Global today!
As the global strength of cryptocurrency continues to have upward momentum, a lot of people are now jumping ship. The same can be said of Dr. Subramanian Swamy, a member of India's parliament, who has seen the light of cryptocurrency and is presently advocating for its acceptance in the nation of India.
Bitcoin saw a further 5% price fall this week, bringing the price for the cryptocurrency as low as $7,020. The cryptocurrency is battling to remain above $7,000 as the bulls continue to defend a symmetrical triangle pattern. Toward the start of the month, Bitcoin had broken out of an acute symmetrical triangle, but has now developed a longer termed pattern as it approaches the apex.
As we move towards the end of the year, this week’s choices are set to benefit from significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Recently, there was a major shake-up at the very top of leading cryptocurrency mining hardware manufacturer Bitmain, underpinned by a conflict between the company’s two co-founders. Micree Zhan, who served as the CEO of the company, was ousted from his position and replaced by Jihan Wu.
The OKEx cryptocurrency exchange is set to launch options trading for cryptocurrencies later this month. Users will first be able to test out the exchange’s options trading functionality on December 12, with real trading launching on December 27.
