Burstex.io is the world’s first crowd owned crypto exchange built on the Burst blockchain. It will be a crypto exchange where the profits will be distributed amongst the shareholders.
Bitcoin fails to break $12,000 providing minuscule weekly returns.
Big corporations have chipped in the Bitcoin mining game as America’s crypto mining company Marathon Patent Group enters long-term purchase agreement with China’s mining manufacturer Bitmains for its next-generation S-19 Pro Miners.
The open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.
BitMEX revealed plans to begin ID verification by the 28th of August. Users are expected to complete the process within six months.
Governor Lael Brainard in his speech yesterday, August 13, has updated the state and status of the digital currencies in the U.S.
On Thursday, the ETH price is up and the coin is trading at $396. The cryptocurrency is looking quite good and even confident.
The reality of the oil market didn’t discourage the Iranian president from trying to presell its 220 million barrels of energy to its citizens.
Grayscale and MicroStrategy, along with other institutions, are hodling Bitcoin even though the coin supply is lower than its demand.
Coinbase has unveiled its borrowing service which will go live later in the fall. Customers will get access to up to 30% of their BTC holdings.
Swipe on its official blog has announced that it is waiving the 1% commissions for purchase/sell and transaction of cryptocurrencies. Not only commissions are gone, but Swipe cards are also fee-free and are shipped with no cost.
Cryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend.
After climbing an impressive $440 open interest in June, CME Bitcoin futures recently hit a new record high. Deribit has larger figures.
On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.
As a result of the announcement by MicroStrategy about purchasing BTC, the company’s shares jumped 9.12% yesterday.