E-commerce Giant JD.com Starts Accepting Digital Yuan on Its Platform
This is a big development as the Chinese central bank is looking ahead to push the use of Digital Yuan on the popular online platforms in the country. This will be one of the major giveaways to nearly 100,000 customers.Last Saturday, December 5, China’s...
Here’s why options investors may be bearish on Bitcoin
Investors in the Bitcoin options market could be turning slightly bearish in the near term, order books show.In the options market, the value of call options rises when the price of an asset appreciates. In contrast, the value of put options increases when the...
Monthly Wrap: Bitcoin Nears $20,000, Ethereum Closes Above $600
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) November 2020 price movements.BTC/USDNovember was a key month in Bitcoin’s upside price action this year, seeing BTC/USD near the 20,000 mark. Having opened under the 13,949 resistance level...
1% of all ETH is now staked on Ethereum 2.0’s beacon chain
Over 1% of Ethereum’s circulating supply is now locked up on the project’s new beacon chain, just one week after its launch.The chain, part of a broader, multi-phase move to a proof of stake mechanism design, holds over 1.15 million ETH from 3,215 depositors...
Why Bitcoin analysts are expecting weeks of consolidation or correction
The price of Bitcoin is still hovering over $19,000, but on-chain analysts expect weeks of consolidation or a correction to occur.Bitcoin has shown resilience in recent weeks, yet has struggled to break past the all-time high at $20,000 with strength.With many sell orders stacked...
How to Play Roulette with BTC?
All online casinos which accept BTC accept it only as a form of payment. They then use the current value of your BTC to calculate how much fiat money you have.Gambling with BTC, such as roulette, poker, and casino games is a hot topic,...
3iQ Set to List Ethereum Fund on Toronto Stock Exchange
Grayscale revealed that there had been a significant increase in Ethereum investors in 2020.
The Ethereum fund would now be available in Canada on the Toronto Stock Exchange (TSX). According to a Finance Magnates report, Canada’s leading digital asset fund manager 3iQ would be launching...
Bitcoin-focused DeFi protocol garners $30m in deposits in first day after $100 airdrop to thousands
Thus far, decentralized finance (DeFi) has been a trend largely focused on Ethereum. While there are products such as Wrapped Bitcoin, there is a lack of Bitcoin-focused infrastructure and marketing in DeFi.Badger Finance/Badger DAO is trying to change this, having launched an Ethereum-based application...
Bearish on-chain trend seen at Bitcoin’s 2019 peak of $14,000 returns
After falling as low as $16,000 last week and retesting $19,900 yet again, Bitcoin has begun to consolidate in the range around $19,000. Intraday volatility has dropped massively as investors are divided over what comes next for the leading crypto asset.Altcoins have been enjoying...
bitFlyer Chief Compliance Officer on the current state of crypto regulation in the United States
CryptoSlate recently had the opportunity to chat with David Zacks, the Chief Compliance Officer of bitFlyer USA on the current state of crypto regulation in the United States.In his role at bitFlyer, David leads Risk, Compliance, Legal, and Regulatory Affairs. Prior to joining Bitflyer...