Cryptocurrency, often just called crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions.Cryptocurrencies are popular because they don’t have a central issuing or regulating authority, instead using a decentralised system to record transactions and issue new units.They have soared in popularity – and volatility – over the…
On Wednesday, Greyscale Capital added nearly 8,500 Litecoin to their crypto investment holdings. The investment firm has further spent the last week loading up on Litecoin. Within the last seven days, they purchased just over 15k Litecoin and in the past 30 days added an additional 15k to their holding. Concurrently, they offloaded a large…
In another win for the adoption of blockchain technology and cryptocurrencies, the Central Bank of Portugal (Banco de Portugal) has officially announced that they will begin approving licenses for crypto exchanges to operate within the country. Two have already been granted. This is the first time that crypto asset exchanges are able to operate within…
Bitcoin has enjoyed a new lease of life over the last year, the cryptocurrency’s value booming to a three-year high as the world was brought to a standstill by the coronavirus pandemic, trapping millions of people in their homes.But its fortunes continue to fluctuate wildly, as illustrated by the coin’s value crashing from £41,155 to…
Bitcoin has enjoyed a new lease of life over the last year, the cryptocurrency’s value booming to a three-year high as the world was brought to a standstill by the coronavirus pandemic, trapping millions of people in their homes.But its fortunes continue to fluctuate wildly, as illustrated by the coin’s value crashing from £41,155 to…
In little over a decade, bitcoin has risen from a fringe technology popular with cryptographers, to the world's ninth most valuable asset by market cap.The cryptocurrency's dramatic ascent has created millionaires, reimagined money, and launched a multi-billion dollar industry inspired by its revolutionary decentralised technology. But it has also brought with it some unwanted side…
The chief executive officer of ShapeShift, Erik Voorhees, is cementing himself as a fan of the DeFi space. Decentralized finance (DeFi) has gained many supporters over recent months, Voorhees being one of them. He is an early adopter of Bitcoin that became one of the first public investors and innovators in the space. Related Reading:…
In February 2018 before the crypto bear market truly took hold over Bitcoin and other assets, companies that had little to do with blockchain began announcing tokens of their own, many that never came to fruition. Atari token, however, will be one of the rare few announced back then that will eventually power on and…
Yesterday, leading Bitcoin exchange OKEx revealed that it had frozen withdrawals of all cryptocurrencies, from Bitcoin to the altcoins it supports. The firm said one of our private key holders is currently cooperating with a public security bureau.” Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom OKEx News Doesn’t Hurt Bitcoin…
Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses. There are various derivatives products that include Swaps, Futures, Forwards,…