BitMEX co-founder Arthur Hayes published an essay on Thursday outlining “realistic potential situations” that could make oil prices boom, and make Bitcoin’s price skyrocket as a result. The former CEO argued that such a scenario could spur central banks across the world – including the Federal Reserve – to return to a market-friendly loose monetary […]
Binance Coin (BNB) Price Analysis for March 3
Has Binance Coin (BNB) reached its support level yet?
Binance Stablecoin BUSD Falls Below $10 Billion Market Cap for First Time
BUSD has lost considerable market share to competitors USDC and USDT as its market cap continues to tumble Continue reading at DailyCoin.
UK Crypto Crackdown: Which British Banks Allow You to Buy Bitcoin?
It’s getting tougher to buy and sell crypto if you bank in the U.K. These are the latest rules.
Yuga Labs Explores the Idea of an Existing NFT Collection From Fold 12
Yuga Labs, the company behind the Bored Ape Yacht Club, is exploring the idea of an already inscribed NFT collection fully hosted on the Bitcoin network and in the Ordinals protocol registry by Fold12. Following a recent announcement from the Fold 12 project on the release of its Bitcoin blockchain NFT collection, Yuga Labs have […]
Changpeng Zhao denies being shot by FBI amid WeChat rumors
The CEO of Binance, Changpeng Zhao, has refuted claims that have spread widely on the Chinese social media giant WeChat that the FBI shot him.
Magic Eden Starts Mint Madness With Free NFTs from Planet Mojo
Magic Eden believes free mints will be a fun way for games to connect with crypto native audiences. Continue reading at DailyCoin.
Bitcoin Crashes 7%, Silvergate Bank Issues Intensify, ETH Shanghai Inches Closer: This Week’s Recap
This week was a complete rollercoaster in terms of price action as the majority of cryptocurrencies found themselves stuck in a chopping range before the ultimate leg down. Bitcoin was trading at around $23,300 this time last week, and a couple of days later, it attempted the first push toward $24K. it was unsuccessful, and […]
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on […]
Bitcoin sees a rise in new addresses as doubts around Silvergate impact BTC
The number of new Bitcoin addresses has hit a three-month high. However, concerns over Silvergate contributed to a drop of nearly 5% in the BTC price. Price fluctuations in Bitcoin [BTC] have been driven in the past by both individual and institutional investors. Recent developments, however, indicate that one party has far more sway than […]