Bitcoin Rises to $68,000 in South Korea on $10,000 Premium

Bitcoin is close to reaching $70,000 in South Korea while in global markets it is trying to break through $60,000. One bitcoin goes for 76,500,000 Korean Won (KRW) on their biggest local exchange, Bithumb, which handles close to $3 billion a day in crypto volumes. That 76 million KRW is worth $68,000 dollars, while on Coinbase bitcoin’s price is about […]

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Bitcoin's $1 trillion market holds for 10 days straight

More than 10% of BTC supply has been moved while Bitcoin’s market capitalization has been more than a trillion dollars since March 26, indicating strong support in the middle and upper-$50,000 price range. According to the April 5 ‘Week on Chain’ report from on-chain analytics provider Glassnode, Bitcoin has enjoyed a $1 trillion market capitalization for more than one week […]

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India’s largest crypto exchange launches NFT marketplace after 2,000% token surge

India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports India’s Economic Times. The launch comes hot on the heels of a month when WazirX’s in-house exchange token, WRX, gained almost 2,000% in value, as its price jumped from $0.27 to $5.66. The exchange itself was subject […]

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XRP's Push towards $1 Causes Liquidations Worth $182M in 24 hours

The majority of the Liquidations were Short Positions as XRP Inched Closer to $1 The liquidations were a result of XRP pumping from the $0.65 price area during yesterday’s open, to a three-year high of $0.94483. Data also from Bybt.com concludes that $80.92 million of the $182.25 million in liquidations were XRP short positions. Traders who were overleveraged on their […]

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Fei Labs FEI Stablecoin Genesis Nets $1.3B: DeFi’s Biggest Launch Ever?

FEI, a new, decentralized stablecoin, appears to have caught the attention of the cryptosphere. Fei Labs pulled in $1.3 billion during the Fei Protocol Genesis Event, which concluded on Saturday. According to a report from CoinTelegraph, the funds–roughly 639,000 ETH–came from more than 17,000 contributors. Some analysts are calling the event “the biggest launch in DeFi history.” Biggest launch in […]

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Kyber Network (KNC) Unveils Highly Capital Efficient Dynamic Market-Making Protocol

One of the oldest decentralized exchange (DEX) protocol Kyber Network has unveiled the highly-anticipated dynamic market-making (DMM) protocol. Kyber Network Unveils DMM In a blog post published on April 5, on-chain liquidity protocol Kyber Network finally unveiled the mainnet beta release of the Kyber Dynamic Market Maker (DMM) protocol. According to the announcement, liquidity providers (LPs) on the platform can […]

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Crypto Trader: How I Earn My First Bitcoin with Futures Trading

With Bitcoin standing firm above $50,000, more investors are drawn to crypto trading with the hope of growing their wealth. Futures trading, a mature tool that has the potential to multiple investments, naturally becomes one of the most sought-after ways. Tim Leung, a fresh graduate, spotted the potential of Bitcoin as early as January 2020 and took a leap of […]

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