Market

"Expect the unexpected" is the first rule of Bitcoin (BTC) trading. There have been five instances of 20 per cent or more daily gains in the last year, as well as five intraday 18 per cent drawdowns. Compared to recent peaks, the volatility over the last three months has been rather low. Traders new to Bitcoin, whether multibillion-dollar institutional fund managers or ordinary investors are often enthralled by a 19 per cent drop following a local top. Many people are even more surprised by the fact that the current $13,360 correction from the all-time high of $69,000 on November 10 took place over nine days. Liquidations were not triggered as a result of the negative move.Cryptocurrency traders are infamous for using huge leverage, and roughly...

Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. Tesla, the major electric vehicle manufacturer headed by Dogecoin proselytizer...

The U.S. government may expand its efforts to study and regulate the roughly $2 trillion digital asset sector. The Biden administration is considering an executive...

Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the...

BitDAO raised $230 million to invest in crypto projects through a private token sale. The fundraising round was led by Peter Thiel, Founders Fund,...

US-headquartered international bank Citi just released the latest issue of Citi GPS: Global Perspective and Solutions, A report include BITCOIN achievements and future Citi is one of the...