Crypto traders appeared to be buying the dip after Thursday’s 11% plunge. ALSO: There’s a contract for that: How to hedge Tether’s credit risk.
Prices for decentralized exchange Kyber’s KNC token have jumped eightfold in 2020, outshining the performance of Binance’s BNB coin.
PieDAO’s push to decentralize itself shows the fast-growing DeFi industry’s efforts to retrofit investment vehicles for digital-asset markets.
BoA researchers anticipate China’s digital yuan might make a dent in the greenback’s global hegemony.
Add the U.S. presidential election to the growing list of volatility drivers as the bitcoin market enters the second half of 2020.
Crypto.com saw the total number of users increase by 50% in the past few months, to 3 million people.
The Chain token gained 33% last month, the top performer among the largest digital assets during a month when bitcoin, ether and XRP all fell.
It’s been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor.
Even in super liquid cryptocurrency markets, such as USD and bitcoin trading pairs, the size and spreads of exchange order books can vary markedly.
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent.