Market News

Coinbase has held Bitcoin on its balance sheets since 2012

U.S. monetary cryptology exchange Coinbase has revealed that Bitcoins (BTCs) and other cryptographic assets have been an important part of its corporate finances since its inception in 2012. In a new announcement to other participating companies, the exchange presented its own experience in managing cash positions in cryptocurrencies as a solid foundation for advising other […]

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Swiss crypto ETP issuer passes $1B assets under management

21Shares, a Swiss provider of exchange-traded cryptocurrency products (ETP), has seen its assets under management rise 100% in the past two weeks. The company announced Monday that 21Shares has crossed the $1 billion mark in assets under management in its 12 diversified FTEs. Hany Rashwan, CEO of 21Shares, said the company has recently experienced strong […]

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Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions – Finance Bitcoin News

As enthusiasm for cryptocurrency grows due to strong demand from retail and institutional investors, financial service providers Simplex and Skrill are increasingly interested in the ecosystem and are focusing on improving transaction capacity and convenience. Digital payment services continue to expand the accessibility of the cryptocurrency landscape, supporting direct token withdrawals and browser-based portfolio support. […]

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A Bitcoin price dip for ants? BTC quickly rebounds to a new high above $57K

The price of Bitcoin (BTC) dipped to as low as $53,905 on Binance overnight, recording a sudden 6% drop. But despite the minor correction, the price of Bitcoin quickly recovered thereafter, reaching a new all-time high above $57,800 on Feb. 21. BTC/USDT 4-hour price chart (Binance). Source: TradingView.com Why did Bitcoin drop and recover so quickly? […]

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$56.3K Bitcoin price and $1T market cap signal BTC is here to stay

When the price of Bitcoin (BTC) climbed above $55,300 in the morning trading session, its market capitalization crossed the one trillion dollar mark for the first time on February 19. The breakout continued throughout the day, with BTC reaching a new record high of $56,368 in the last hour. As Bitcoin has consolidated billion-dollar status […]

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USDT-settled futures contracts are gaining popularity, here’s why

When BitMEX launched the Bitcoin Perpetual Futures (BTC) market in 2016, it created a new paradigm for cryptocurrency operators. While it was not the first platform to offer reverse swaps settled on the BTC, BitMEX offered ease of use and liquidity to a wider audience of investors. BitMEX contracts did not include fiat or stablecoin, […]

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