The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and…
Tag: major
Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading
Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform. While the exchange states that the move is in response…
Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M
The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to…
Lowest Exchange BTC Balances Since 2019 — Calm Waters Ahead?
Bitcoin (BTC) balances of the major exchanges are at their lowest point since 2019. Calm waters ahead? From a high in mid-January, the number of Bitcoins on deposit at…
Russia Postpones Its Crypto Law Again, Now Blaming Coronavirus
After facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus. Anatoly Aksakov, chairman of the Russian State Duma Committee…
Bitcoin Ascends on Twitter While Major Altcoins Hit Multi-Year Lows
Major altcoins have seen their Twitter presence greatly reduced in the wake of the recent cryptocurrency market crash. According to data from Bitinfocharts, major altcoins such as Ethereum, Litecoin,…
Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal
This week, as a $2 trillion economic stimulus package was put forth by U.S. lawmakers, the performance of major market indexes improved and the Dow registered its best day since…
3 Things Holding Back Bitcoin Price From $7K Right Now – Bitcoinist.com
Bitcoin has slowly regained value after its major correction two weeks ago. It now appears on the cusp of breaking USD $7,000 yet every gain is followed by a…
Binance Reveals the Secret Behind Its Cryptocurrency Futures Success
Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As…
South Korean Crypto Exchanges Aid Police in Child Porn Investigation
South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned…