The May 19 crypto market sell-off saw $1.2 trillion in value erased from the total market capitalization as the froth and excess leverage of over-hyped markets was quickly eliminated. But similar to a forest fire, whose destructive power is essential
June 7, 2021
Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For example, borrowing Tether (USDT) will allow one to buy Bitcoin, thus increasing their Bitcoin (BTC) long position in. Investors can also
United States Treasury Secretary Janet Yellen defended President Joe Biden’s latest massive spending package while speaking to Bloomberg. Yellen said it would be “a plus” for society even if it resulted in a higher interest rate environment. If rates inch
The crypto payment solutions provider that introduced blockchain-based subscription billing to credit card-harried merchants is moving to the Binance Smart Chain. PumaPay pioneered cryptocurrency-funded payments with its PullPayment Protocol, a series of smart contracts that opens up the use of
Former United States President Donald Trump has once again slammed Bitcoin (BTC). Appearing on FOX Business Monday, the former president remarked: “Bitcoin, it just seems like a scam […] I don’t like it because it is another currency competing against the
Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing worldwide adoption, according to a new report from cryptocurrency analytics firm Chainalysis. A geographic analysis of realized Bitcoin gains
South Korea’s Financial Services Commission has moved to ban cross trading on crypto exchanges in the country. The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information.
When an asset enters a bear phase and the headlines are negative, analysts project further downside, and the sentiment shifts from optimism to pure gloom and doom. This results in panic gripped traders dumping their positions near the bottom of
