Category: Cryptocurrency Exchange

Altcoin roundup: Crypto credit cards could be the missing link to mass adoption

July 23, 2021

Crypto Nanobot 0

Out of the many routes available to the mass adoption of cryptocurrencies, which includes decentralized finance (DeFi), layer-one protocols, nonfungible tokens and stablecoins, perhaps the simplest and most applicable path for the public at large is the ability to utilize cryptocurrency for everyday purchases with an integrated debit or credit card. 2021 has seen a […]

Continue Reading

Currency.com becomes executive member of self-regulating trade group CryptoUK

July 22, 2021

Crypto Nanobot 0

The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group. 593 Total views 6 Total shares Crypto trading company Currency.com is joining CryptoUK, a self-regulatory trade association for the cryptocurrency industry in the United Kingdom.  In a Thursday announcement, CryptoUK said the firm […]

Continue Reading

Historically low spot volumes and investor indecision weigh on Bitcoin price

July 17, 2021

Crypto Nanobot 0

If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for a significant move in either direction before planning their next entry point.  A […]

Continue Reading

Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent

July 13, 2021

Crypto Nanobot 0

Bitcoin (BTC) might be struggling to break the $36,000 resistance for the past three weeks, but bulls now have one less thing to worry about: cascading futures contracts liquidations. One might be under the impression that a $1 billion liquidation is usual for Bitcoin. Still, traders tend to remember the most recent exaggerated movements more […]

Continue Reading

Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation

July 12, 2021

Crypto Nanobot 0

As the pressures placed on the market by China’s cryptocurrency crackdown begin to subside and the Bitcoin (BTC) hashrate starts to show signs of recovery, traders are now focused on how the price will be affected by this week’s unlocking of more than $550 million worth of Grayscale’s GBTC shares. Data from Cointelegraph Markets Pro and […]

Continue Reading

GBTC unlock edges closer as impact on Bitcoin price remains unclear

July 10, 2021

Crypto Nanobot 0

As Bitcoin (BTC) struggles around the $32,700 mark after the July 8 price drop, another major event looms over the flagship cryptocurrency in July, the Grayscale Bitcoin Trust (GBTC) unlock. A total of nearly 40,000 BTC will be unlocked in July, amounting to nearly $1.5 billion in notional value. The biggest of these unlocks will […]

Continue Reading

3 reasons why Ethereum exchange reserves are falling to new lows

July 8, 2021

Crypto Nanobot 0

Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of […]

Continue Reading

Shanghai Man: Fight crypto like COVID-19 urges Global Times, hydro power plants popular …

July 2, 2021

Crypto Nanobot 0

The country celebrates 100 years of Communist Party rule, pressure may be released as the economy goes back to status quo, Beijing subway now trialing e-CNY. 1919 Total views 8 Total shares This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, […]

Continue Reading

Coinbase will pay users 4% interest on USDC holdings

June 29, 2021

Crypto Nanobot 0

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. 4753 Total views 9 Total shares Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to […]

Continue Reading

Bears back off, but Bitcoin price still wavers below $35K

June 28, 2021

Crypto Nanobot 0

Bitcoin price briefly surged above $35,000 to spark a relief rally in altcoins but a number of bearish factors still surround BTC. 5466 Total views 12 Total shares Although bulls made a show of force in the morning trading hours, Bitcoin (BTC) price is still pinned under the $35,000 resistance and unable to flip the […]

Continue Reading