On the same day that Cointelegraph published an article detailing that KuCoin’s primary web domain was locked from being transferred to other owners, the crypto exchange has announced that its platform can be accessed through two additional domains globally — kucoin.io, and kubi.cc. Anxieties flared on the exchange’s Telegram channel during the hours leading up
The crypto sphere has seen a lot of buzz over the past few months with regards to the Bitcoin halving that is going to take place in May. Bitcoin is the biggest cryptocurrency in the world, and it is only natural that the upcoming halving event has caused such a stir in the crypto sphere
Move, an options contract which tracks Bitcoin’s (BTC) daily volatility, recently saw a 25% 30-day trading volume increase on the crypto derivatives platform, Delta Exchange. According to an announcement which Delta Exchange sent to Cointelegraph on April 16, Move contracts worth $8 million were traded on the platform over the past 30 days. The platform
[embedded content] MoneyMatch is a cross-border transfer service that helps small and medium-sized enterprises (SMEs) in Malaysia pay their global suppliers. As the country’s traditional financial institutions were charging high FX rates on the smaller volume transactions typically requested by SMEs and individuals, MoneyMatch partnered with Ripple to offer cheaper and faster payments to more
Leading hardware wallet producer Ledger announced that its official wallet software now supports Tron (TRX). According to an announcement, Ledger Live — the official wallet software for Ledger’s hardware wallets — now allows its users to manage their Tron addresses. Furthermore, Ledger hardware wallet owners can also stake their TRX directly from the software. The
Despite the gloomy short-term price trend of Bitcoin (BTC), the pattern of liquidations on BitMEX and historical funding rates point toward a possible serious short squeeze in the medium-term. “High chance BTC bears get margin called big time in coming months. Funding rates will be your evidence in hindsight,” Bitazu Capital partner Mohit Sorout said.
April 16 saw the opening of the Blockdown 2020 online blockchain conference. One of the early panel discussions revolved around the use of blockchain in the gaming industry, and how this is likely to develop in the future. One of the biggest misconceptions that many have about blockchain in gaming is that it is limited
Bitcoin and XRP have both made strong recoveries since their epic plunge last month amidst the Coronavirus panic selloff that rocked the stock market. The V-shape bottom and previous top have potentially formed an ultra-rare diamond bottom pattern across the two crypto assets. Bitcoin and XRP Aim For Further Upside After Strong Post-Collapse Recovery Number
On April 12, the number of Bitcoin (BTC) exchange deposits hit the lowest point since August 2016. Recently, there has been a trend towards Bitcoin holders moving their assets away from the exchanges, with some exchanges hit particularly hard. For instance, the amount of Bitcoin held by BitMex and Bitfinex has dropped significantly in the
The daily average transaction values across the Ethereum platform are now equal to those of the Bitcoin (BTC) network. According to blockchain analytics firm Messari, the daily value transfer — the total value of assets moved on the blockchain over a day — of the Ethereum network began rivaling those on the Bitcoin network as
Cointelegraph recently sat down for an interview with Charles Hoskinson, who is the co-founder of Ethereum and CEO and founder of IOHK — the company developing Cardano. During that interview, Hoskinson shared details about some of the crypto projects that he is most interested in. Ergo “It’s one of the most revolutionary cryptocurrencies ever built.
The U.S., like much of the world, has closed most non-essential businesses and ordered citizens to stay at home in an attempt to combat the spread of COVID-19. When the time comes for United States governing bodies to reopen the country, the Bitcoin (BTC) price could be impacted. “Once U.S. businesses open up, the key
Lately, a great deal of attention has been focused on the correlation between Bitcoin and the S&P 500, meaning crypto traders need to keep track of the fundamentals of the equity markets. Global markets continue to be negatively impacted by the coronavirus pandemic and according to a report from the International Monetary Fund, the resulting
Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash. According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average hash rate was 114 quintillion hashes per second (h/s). BTC hash rate hits early March levels The last time the
Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks. On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to just 134,091 Bitcoin. The massive decrease mirrors that experienced by BitMEX, which saw a 38% percent decline in its Bitcoin holdings after the mid-March
In the time following the massive market-wide bull run seen in in late-2017 and early-2018, XRP has been one of the worst performing altcoins, posting intense losses that have led it to underperform most of its peers. The first quarter of 2020 was no exception to this trend either, as data reveals that it was