CME Bitcoin expiration is imminent: Why does the crypto market tend to recover on its close?

The CME Bitcoin futures market will close at 4 pm UTC on Feb. 28. Every time the cryptocurrency market saw futures close in the last four months, it tended to rebound. Will Bitcoin recover upon futures close? Throughout the past three months, the CME Bitcoin futures market closed on Jan. 31, Dec. 27, and Nov. […]
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Multi-platinum artist Akon to launch upcoming “Akoin” cryptocurrency on Stellar network

Grammy-award winning artist and producer Akon is launching a crypto aimed at helping entrepreneurs and businesses within developing companies thrive, and has chosen to launch the utility token on the Stellar blockchain network. The official launch of this cryptocurrency – called Akoin – marks the next step in the multi-platinum selling artist’s goal of helping […]
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Planning for the worst: Binance donates to fight Coronavirus, Coinbase reveals plan for remote work

The approach that cryptocurrency exchanges Binance and Coinbase are taking to the coronavirus is as different as night and day. In fact, the contrast is so stark it highlights both companies’ core values to a tee. As Binance immediately donates 10mn RMB (approx $1.5mn) of medical supplies to help fight the virus, Coinbase reveals a […]
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As Ethereum crashed 15%, a staggering $3 million in DeFi loans got liquidated

The Ethereum price dropped by 15 percent against the USD from $278 to $210 within a span of four days. The abrupt drop in the price of ETH led to the liquidation of $3 million worth of loans on decentralized finance (DeFi) platforms. Ethereum fell too hard too fast On DeFi platforms, Ethereum users often […]
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