Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry.
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Another crypto CEO steps down as Genesis Trading restructures leadership
Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions.
Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency
The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that…
21Shares launches S&P risk controlled Bitcoin and Ether ETPs
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.
What is Bitcoin whale watching and how to track Bitcoin whales?
There are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.
Crypto Exchange Bitso Launches Remittance Service in Colombia
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances…
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele…
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out…
Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14.
Celsius Network execs deny rumors of significant losses amid market volatility
"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief financial officer…