Crypto News

Bitcoin’s rising implied volatility a sign of continuing price fluctuation

Bitcoin’s rising implied volatility a sign of continuing price fluctuation

While few attribute the king coin’s intense volatility to Bitcoin’s fixed supply, many have highlighted the speculative demand from investors as a reason. However, since the start of 2020, B...

Ripple’s ODL service could benefit from XRP-backed stablecoin

Ripple’s ODL service could benefit from XRP-backed stablecoin

Ripple’s service of on-demand liquidity [ODL] has been embraced by several banking institutions across the world, in an attempt to ease up cross-border remittances. However, many skeptics ha...

Ripple’s David Schwartz sheds light on upcoming XRPL changes

Ripple’s David Schwartz sheds light on upcoming XRPL changes

Ripple’s Chief Technology Officer [CTO] is in the news after he recently announced upcoming changes to the XRP Ledger [XRPL]. During the announcement, David Schwartz spoke about XRPL’s amend...

Bitcoin’s low MVRV score suggests it is still undervalued

Bitcoin’s low MVRV score suggests it is still undervalued

Bitcoin has recovered by 3.18% since 27 February, a day after the king coin lost a significant chunk of its valuation. However, it is yet to ward off the bears in the market. With its curren...

Bitcoin’s price balance triggers worst derivatives monthly sell-off

Bitcoin’s price balance triggers worst derivatives monthly sell-off

After enduring the best trading day in February on the back of Bitcoin’s lowest monthly price, the Open Interest in the derivatives market is in a free fall. The accumulated active positions...

XRP Might Get Neighbours on XPR Ledger + More News

XRP Might Get Neighbours on XPR Ledger + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Ripple...

Bitcoin’s $1,200 drop could have more bearish implications than anticipated

Bitcoin’s $1,200 drop could have more bearish implications than anticipated

In a way, volatility is what makes cryptocurrencies, cryptocurrencies. However, Bitcoin’s recent collapse of $1,200 came as a shock to most people as liquidations poured in. That being said,...

Ethereum’s triple top bleeds it while Bitcoin’s hemorrhage continues

Ethereum’s triple top bleeds it while Bitcoin’s hemorrhage continues

Ethereum aka the world computer is considered to be the leader of altcoins; partly due to its emergence as a top altcoin and partly due to its popularity. However, even with its massive mark...

13,000 South Korean ATMs to Enable Litecoin Withdrawals

13,000 South Korean ATMs to Enable Litecoin Withdrawals

Litecoin (LTC), the cryptocurrency created by Charlie Lee to be the “silver to Bitcoin’s gold” back in 2011, may be about to see more real-world use as more than 13,000 ATMs in South Korea e...

Bitfinex targeted by DDoS attack, hours after OKEx

Bitfinex targeted by DDoS attack, hours after OKEx

Bitfinex has just announced that it is investigating what seems to be a DDoS attack. The apparent DDoS [Distributed Denial of Service] attack on Bitfinex comes 24 hours after OKEx faced the ...

Bitcoin, Ethereum represent trade-offs between security and flexibility

Bitcoin, Ethereum represent trade-offs between security and flexibility

Bitcoin has evolved over the course of the decade. From what was once called imaginary Internet money at the onset, Bitcoin today has positioned itself as a leading digital asset that even t...

Chainlink Climbs on New Collaboration with Ethereum Classic

Chainlink Climbs on New Collaboration with Ethereum Classic

With the broader crypto market still in consolidation mode after a sell-off that has rattled the market over the past two weeks, the decentralized oracle service Chainlink (LINK) is already ...

Buffett’s Bitcoin comments elicit backlash from the crypto-community

Buffett’s Bitcoin comments elicit backlash from the crypto-community

Warren Buffett has been a long-time critic of Bitcoin, with the investment mogul, in a recent interview with CNBC, reiterating his view on Bitcoin and other cryptocurrencies by highlighting ...

Bitcoin takes back ‘most volatile’ claim back from black gold

Bitcoin takes back ‘most volatile’ claim back from black gold

As the markets continue to traverse bearish times amid growing COVID-19 pandemic fears, there is a return to normalcy in the macroeconomic market, at least as far as volatility is concerned....

Bitcoin’s January performance may have suggested traders’ hesitance to risk-hedge

Bitcoin’s January performance may have suggested traders’ hesitance to risk-hedge

Bitcoin’s movement in the market has been keeping investors on the edge of their seats. Bitcoin’s price lost 6.76% of its value in just two days, bringing it down to $8,821.03, at press time...

Here’s why Ethereum’s trading at a 500% premium on Grayscale

Here’s why Ethereum’s trading at a 500% premium on Grayscale

Grayscale’s Ethereum Trust [ETHE] hit a premium of 465% a few days after the spot prices rallied to a local top. ETH’s spot price hit a new yearly high ($289) on 15 February 2020. 10 days la...

Ethereum Futures volume inches closer to May 2019 ATH

Ethereum Futures volume inches closer to May 2019 ATH

As the cryptocurrency market recovers from the drastic fall on 25 and 26 February, the Futures market has a novel story to tell. While on one hand, Bitcoin Futures are seeing reduced Open In...

Bitcoin’s fall in price raises questions about its ‘Safe Haven’ narratives

Bitcoin’s fall in price raises questions about its ‘Safe Haven’ narratives

Several articles have been written about how Bitcoin‘s price skyrocketed during the US–Iran tensions and the Coronavirus outbreak, but the coin seems to be following a different pattern late...

Bitcoin’s fork coin led the Futures market on Binance for January

Bitcoin’s fork coin led the Futures market on Binance for January

The addition of the Futures market for cryptocurrencies has allowed many investors on the sidelines to jump into the field. Perhaps, the first perpetual contract by BitMEX started it all. No...

Ethereum worth $5.5 million longs liquidated on BitMEX

Ethereum worth $5.5 million longs liquidated on BitMEX

As the price of the king coin surrendered under the selling pressure, other altcoins followed its lead. Ethereum, the world’s second-largest cryptocurrency and a highly correlated asset to B...

So Bitcoin collapsed, what’s next? Sub-$8,000 or $9,500?

So Bitcoin collapsed, what’s next? Sub-$8,000 or $9,500?

Bitcoin crashed by 15% over the last 3 days. However, the crash on 26 February was brutal as it pulled down the price from $9,369 to $8,627, triggering liquidations worth millions. The price...

Bitcoin is building a nation on the foundation of maximalism

Bitcoin is building a nation on the foundation of maximalism

What was Bitcoin meant to be? Simply a currency, or something greater? Bitcoin cannot be compared to anything before it. A means of financial living, ubiquitous, universal, unstoppable, and ...

How Are People Trading MIOTA When IOTA Mainnet is Paused?

How Are People Trading MIOTA When IOTA Mainnet is Paused?

The IOTA (MIOTA) mainnet has been on pause for two weeks now, yet MIOTA is still trading. The question asks itself at this point really: how? Following the discovery that the Trinity Desktop...

Bitcoin, Ethereum prices renew their ascent as selling pressure falls

Bitcoin, Ethereum prices renew their ascent as selling pressure falls

Like a crashing wave, Bitcoin’s spot price has been on a downward motion over the past few days. While sellers are closing their positions, the low price of the crypto-asset has been quite i...

Bitcoin Options speculate 260% price hike post-halving

Bitcoin Options speculate 260% price hike post-halving

True to Bitcoin’s reputation as a volatile crypto-asset, the price of Bitcoin did see quite a few dramatic ups and downs recently. Since the start of the week, Bitcoin’s price has seen an 11...

The USD 500bn Card Didn't Help Ripple, XRP 'Stays in the Crosshairs'

The USD 500bn Card Didn't Help Ripple, XRP 'Stays in the Crosshairs'

U.S. District Judge wasn't persuaded by the argument that the continuance of the case against Ripple, an American blockchain company focusing on payments technologies, would mean turning...

Tezos Rallies Again Despite Broader Market Sell-Off

Tezos Rallies Again Despite Broader Market Sell-Off

Tezos (XTZ), the 10th most valuable cryptoasset by market capitalization, is once again outperforming the broader crypto market today, with double-digit gains even as other assets like bitco...

Bitcoin’s growing adoption could impact how crypto-regulations are drafted

Bitcoin’s growing adoption could impact how crypto-regulations are drafted

Cryptocurrencies still face significant challenges when it comes to adoption. While most countries today have devised regulations to support the crypto industry, there is a lot left to be de...

Bitcoin’s breakdown may be worse than you think

Bitcoin’s breakdown may be worse than you think

In less than 4 hours, Bitcoin lost almost 6 percent of its value, undoing weeks of bullish momentum, with the Futures market having a field day. Putting an end to a month that began with a g...

Bitcoin and Altcoins Show Post-Crash Recovery Signs

Bitcoin and Altcoins Show Post-Crash Recovery Signs

Yesterday, we discussed the chances of more losses in bitcoin below the USD 9,200 and USD 9,000 support levels. BTC/USD did decline heavily and broke many supports near USD 9,000 and USD 8,8...

Tron, Bitcoin Gold, Algorand bear the brunt of bleeding cryptocurrency market

Tron, Bitcoin Gold, Algorand bear the brunt of bleeding cryptocurrency market

A collective bearish drop on 26 February pulled down the prices of many major cryptocurrencies including Bitcoin and Ethereum, with the cumulative market cap dropping by $17 billion from $26...

Bitcoin Futures volume gains strength despite falling market

Bitcoin Futures volume gains strength despite falling market

The cryptocurrency market that was up to a great start in 2020, has now switched sides. The optimistic market has turned into a fearful one, according to the Fear and Greed index that reflec...

Ethereum – Bitcoin correlation rises as ETH approaches critical $229 support

Ethereum – Bitcoin correlation rises as ETH approaches critical $229 support

After Bitcoin registered corrections on 15 and 19 February, market speculators are now pinning their hopes on Bitcoin, hoping that the king coin shifts its gears and records another bullish ...

Bitcoin’s calling may lie in the under-developed world, not in the U.S

Bitcoin’s calling may lie in the under-developed world, not in the U.S

Bitcoin’s use cases are a widely debated topic. While the king coin was initially envisioned as a democratized form of currency that was not controlled by any single entity, much of that pla...

Bitcoin’s 2017 hardfork-triggered ‘BCH treasure-hunt’ still dividing mining pools

Bitcoin’s 2017 hardfork-triggered ‘BCH treasure-hunt’ still dividing mining pools

On 1 August 2017, Bitcoin Cash had forked away from Bitcoin after weeks of speculation and on 24 August, Bitcoin activated its SegWit upgrade. Considered to be an important update, SegWit ad...

Bitcoin Cash mining pool BTC.TOP may be mining unprofitable blocks on purpose

Bitcoin Cash mining pool BTC.TOP may be mining unprofitable blocks on purpose

The Bitcoin Cash network has experienced long wait times between mined blocks several times this month. Between 1-23 February, there were 59 blocks which took over an hour to be mined and in...

Bitcoin Futures spreads on BitMEX, Binance now on a rise

Bitcoin Futures spreads on BitMEX, Binance now on a rise

The sudden fall in Bitcoin‘s price has resulted in various developments across its Futures market. While Bitcoin’s value has been on a decline for the past three days, the cumulative loss in...

Litecoin’s consolidation may be interrupted by its correlation with Bitcoin

Litecoin’s consolidation may be interrupted by its correlation with Bitcoin

Following the collective bearish trend over the past week, Litecoin’s price recorded a correction that has continued over the past three days. From 24 February to press time, Litecoin had un...

Ripple enhances remittance footprint in the Philippines with Azimo partnership

Ripple enhances remittance footprint in the Philippines with Azimo partnership

Ripple’s cross-border solution has been quite the rage among banking institutions around the world. Its new partnership with Europe-based digital money transfer service, Azimo, has also conf...

Bitcoin briefly slips under $9k; triggers liquidations worth $11M

Bitcoin briefly slips under $9k; triggers liquidations worth $11M

Bitcoin has been taking continuous hits in the spot market and at press time, the coin was noting a fall of 3.37% – a fall that pushed the price of the coin under $9k. According to the Chaik...

This Little-Known Top 100 Altcoin Shines Amidst Market Turmoil

This Little-Known Top 100 Altcoin Shines Amidst Market Turmoil

While both bitcoin and the broader crypto market is seeing a fresh wave of selling today, one little-known Canadian altcoin stood out from the rest of the market with double-digit returns ov...

Overnight Move Fuels EOS Decentralization Debate

Overnight Move Fuels EOS Decentralization Debate

Have EOS block producers turned autocrats? Or is EOS the most decentralized blockchain platform out there, an example of representative democracy? From one extreme to the other, this is the ...

Bitcoin’s uncertain sentiment foreshadows red flags on the horizon

Bitcoin’s uncertain sentiment foreshadows red flags on the horizon

The positive optimism around Bitcoin is slowly fading at the moment. A 6.03 percent slump over the last 24-hours saw Bitcoin drop below its strong support at $9300, a level that had been str...

Bitcoin longs worth $25M liquidated on BitMEX; is $10k a dream again?

Bitcoin longs worth $25M liquidated on BitMEX; is $10k a dream again?

Bitcoin’s volatility has been on the rise for the past few weeks now. The king coin, while it was once aiming to surpass the $10k resistance, now has to deal with immediate resistances aroun...

Ethereum’s improving on-chain metrics offset market downturn

Ethereum’s improving on-chain metrics offset market downturn

Of the top-ten digital currencies, Ethereum has managed to outperform the rest of the lot since the start of 2020. Valuation-wise, Ethereum had managed to hold a 100%+ hike at press time and...

Bitcoin – Gold correlation hits 14-month high; SPX in retreat

Bitcoin – Gold correlation hits 14-month high; SPX in retreat

Yup, we’re back to the safe-haven days. Digital gold and tangible gold are mounting a partnership as the global stock markets take a massive beating. The correlation between Bitcoin and gold...

Bitcoin’s slow adoption may be offset by growing credentials as investment

Bitcoin’s slow adoption may be offset by growing credentials as investment

There are a few Bitcoin discussions in the digital assets industry that never reach a conclusive end and mass adoption is one of them. With arguments ranging from improving fundamental stati...

Ethereum may scale to be a trillion-dollar market, if Defi remains relevant

Ethereum may scale to be a trillion-dollar market, if Defi remains relevant

A new investor entering the digital asset market right now, without any prior information of the industry, may potentially be inclined towards Ethereum. The second-largest crypto-asset has r...

Grayscale continues to be a millennial favorite – Buffett proved wrong?

Grayscale continues to be a millennial favorite – Buffett proved wrong?

During his recent appearance at the charity dinner with TRON founder Justin Sun, Buffett said that he is sure his grandson “would rather inherit [his] wealth in U.S. dollars,” than Bitcoin. ...

DeFi attacks reignite centralization dilemma, debates on protocol reliability

DeFi attacks reignite centralization dilemma, debates on protocol reliability

With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 b...