A crypto recession strategy for your startup

Crypto recession strategy is becoming a challenge for most startups during the COVID-19 induced recession in the global economy. The stock market collapsed and the cryptocurrency market especially the Bitcoin […] …

Bitwise “increasingly bullish” on intermediate outlook for crypto, cites real money inflows

The Bitcoin price has made a V-shape recovery from $3,600, following a capitulation-esque fall on March 12. Since then, the crypto market has recovered rapidly, similar to gold in previous crises, cryptocurrencies could perform strongly in the medium to long-term. As CryptoSlate previously reported, gold demonstrated a close correlation with stocks in the early days […]
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Gemini Set to Incorporate Brave Tokens to Its Trading List

The open-source pay-to-surf browser, Brave, will soon have its signature token be given more trading options and will be done through Gemini. Adding Number 6 […]
The post Gemini Set to Incorporate Brave Tokens to Its Trading List appeared first on InsideBitcoins.com. …

Here’s the simple reason why the new class-action lawsuit against 11 crypto companies may soon be dismissed

Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors. Some of the defendants include notable exchanges such as Binance, Bitmex, and KuCoin, as well as prominent blockchain and crypto companies like TRON, Block.one, and […]
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Big crypto firms are purportedly laying off staff, but others are on hiring sprees

Many tout Bitcoin and cryptocurrency for their uncorrelated natures, their ability to simply not care what the rest of the world is doing. But, this is seemingly not true; reports indicate that a number of crypto companies have begun to lay off staff or have paused their hiring processes most likely in response to the […]
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Like gold with previous crises, Bitcoin will thrive after coronavirus, research shows

Bitcoin showed a tight correlation with the U.S. stock market for about two weeks from March 12, raising concerns among investors that cryptocurrencies are just as vulnerable to a financial crisis as stocks and other high-risk assets. A study from Seba, a Swiss banking startup that raised $103 million in 2018, showed that gold performed […]
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Bitcoin just hit $7,000: 3 factors that could be behind this explosive move

Bitcoin has shaken off a worsening coronavirus outbreak and record jobless claims in the U.S., rallying past $7,000 just minutes ago as of the time of writing this article, reaching a local high of $7,200. With the recent surge higher, BTC is up 24 percent from the weekend lows of $5,800. Although many have embraced […]
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1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase

Coinbase, one of the world’s heavyweight exchanges, has recently invested 1.1 million in USDC to the decentralized finance protocols of PoolTogether and Uniswap. Pushing In […]
The post 1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase appeared first on InsideBitcoins.com. …

Binance Set To Launch A Crypto Mining Pool

Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do […]
The post Binance Set To Launch A Crypto Mining Pool appeared first on InsideBitcoins.com. …

Binance Loans Kicks Off with Interest Discounts

Cryptocurrency exchange Binance is busy expanding its range of services. It recently launched Binance Loans and is now offering interest discount to early borrowers. Binance […]
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Q2 historically generated large gains for Bitcoin, but this time may be different

Historically, the Bitcoin price has tended to increase in the second quarter of every year. In the past six years, with the exception of 2018, BTC’s price has increased by 80 percent on average from April to June. However, 2018 was an odd year out during which the Bitcoin price dropped by 8 percent in […]
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XDEX Brazilian Crypto Exchange Shuts Down Due To Regulatory Stresses

One of Brazil’s top crypto exchanges, XDEX, has announced on Wednesday that it will shut down all of its services. A Slurry Of Downfalls According […]
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What’s holding Bitcoin back – business or consumers?

Though Bitcoin started 2020 with a bang, it’s worth taking the start of a new decade to reflect on the state of the original cryptocurrency. Doing that, we can really only draw one conclusion: it has failed to live up to the hype. Don’t get me wrong. Even over the past few months, we’ve seen […]
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OKCoin to Expand Into Japan, Accepting Pre-Signups Now

OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
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OKCoin to Expand Into Japan, Accepting Pre-Signups Now

OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
The post OKCoin to Expand Into Japan, Accepting Pre-Signups Now appeared first on InsideBitcoins.com. …

It’s almost impossible for Bitcoin to be supplanted by an altcoin; here’s why

For over a decade, Bitcoin has been the king of the crypto industry; more accurately, it’s the so-called “grandfather” of cryptocurrencies, the first that spawned the rest. Over the majority of this decade, the asset’s primacy hasn’t been threatened. But, ever since 2017’s bull run, there have been some claiming they’ve created a “better Bitcoin” […]
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Binance and others overtake BitMEX as most-used Bitcoin derivatives platform

As CryptoSlate has detailed extensively over the past few weeks, the dynamic of the crypto market has dramatically changed ever since Mar. 12’s Bitcoin flash crash, during which the market capitalization of the space lost almost 50 percent within a 24-hour time span. Data shows that BitMEX, a top cryptocurrency derivatives exchange, has been especially […]
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SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App

The United States Securities Exchange Commission (SEC) has paused the trading of shares of a small China-based company called Zoom Technologies, based on concerns that […]
The post SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App appeared first on InsideBitcoins.com. …

Keep it vs. leave it: Why Binance delisting leveraged crypto assets has users divided

Binance, the world’s largest crypto exchange, has decided to delist leverage crypto tokens from its platform. The decision led to mixed reactions from users; some supportive and others wanting the leverage tokens to remain on Binance. What are leveraged crypto tokens and why is Binance delisting them? On futures exchanges like Binance Futures, FTX, Bybit, […]
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Trader Consensus Shows Anticipated BTC All-Time High For 2020

Kraken, one of the world’s first and biggest exchanges, has recently revealed a user poll. This poll showed that most traders have an expectation that […]
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Forget crypto: Kiyosaki says the stock market is “manipulated”

The crypto market has been relatively stable in the last four days. The Bitcoin price has generally been moving in between a five percent range, showing an unusually low level of volatility. In contrast, the U.S. stock market has demonstrated extremely large swings, moving by three to six percent on a daily basis in the […]
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Binance to Release Debit Card That Supports Bitcoin and BNB

One of the largest cryptocurrency exchanges in the world, Binance, is launching a debit card. The goal with the exchange’s development here, is to increase […]
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Bitcoin Suffers Almost 45% Drop In Hashrate Compared To 2020 Peak

The Bitcoin (BTC) network has taken a massive hit in terms of hash rate. The steep dive knocked out almost 45% from the 2020 peak […]
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Shift of Bitcoin from “weak to strong hands” may be an impetus for massive momentum

The recent volatility within the cryptocurrency markets has led a significant amount of Bitcoin to change hands, with massive selling pressure overwhelming buyers and resulting in a capitulatory decline that led it to drop from highs of $10,500 to lows of $3,800. This volatility may ultimately be a net-positive for the benchmark cryptocurrency, however, as […]
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The Fed just gave crypto a critical lifeline by doing this, and Bitcoin is strongly reacting

The Federal Reserve is taking a stronger approach than it did during the 2008 financial crisis to slow down the downtrend of the U.S. economy. The crypto market has been rallying in tandem with U.S. stock market futures, reducing fear in the market for the first time since early March. The Fed will be able […]
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South Korean Exchanges Witness 60% Drop in Trading Volume

Upbit and Bithumb, two of the top crypto exchanges in South Korea, are going through tough times. After the authorities regulated the exchanges, Upbit’s trading […]
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A prominent trader makes the case for $8.5k Bitcoin before making new lows

A prominent trader known as PentarhUdi accurately called the drop from $10,000 to sub-$6,000 and has called many full Bitcoin market cycles in the past several years, believes BTC is headed to up to $8,500. When the Bitcoin price initially hit $5,200, the trader said that the dominant cryptocurrency is likely to move towards the […]
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This relatively small amount of money will pump-and-dump Bitcoin’s price

BitMEX recently suffered an attack that resulted in $1.2 billion in liquidations. Despite the significant amount of money that its users lost, data reveals that the platform is still susceptible to market manipulation. BitMEX’s roll in the crypto derivatives market BitMEX is one the biggest and most liquid Bitcoin and crypto-asset derivatives trading platforms around […]
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Bitcoin price flash spiked 13% in 1 hour, but top traders think it’s a “fake” rally

The Bitcoin price increased from $5,850 to $6,640 on major cryptocurrency exchanges in a 13 percent rally within an hour. But, top traders are convinced it is a fake-out before a bearish continuation. The abrupt spike in the Bitcoin price coincided with the Federal Reserve’s aggressive fiscal policy and its decision to acquire as many […]
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Why Ethereum locked in DeFi plunged $600m after intense 57% ETH drop

The total amount of Ethereum (ETH) locked in decentralized finance (DeFi) platforms plunged by more than $600 million since February 16. It coincided with a 57 percent drop in the price of ETH from $280 to $120. DeFi platforms like MakerDAO have gained significant popularity in recent months by allowing users to issue loans on the […]
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Aftermath of bizarre Bitcoin crash: BitMEX overtaken by FTX and Deribit in Ethereum futures

BitMEX, one of the largest cryptocurrency futures exchanges in terms of daily volume, has fallen behind OKEx, FTX, Deribit, Huobi, and Bybit in Ethereum open interest after the overnight Bitcoin drop to $3,600 on March 12. The exchange was criticized for not using a large part of its insurance fund as $1.2 billion worth of […]
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