The billionaire described the token as “the lowest cost economics teaching tool available” on the market. Amid recent endorsements from celebrities and people in tech, the price of the meme-based cryptocurrency Dogecoin has surged more than 700% in the last month. Now even billionaire Mark Cuban says he understands the appeal. In a tweet today…
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One of Canada’s largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare, the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada. Quick Trade was officially unveiled Monday, allowing commission-free…
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Is Elon Musk just trolling the cryptocurrency community with his support of Dogecoin? Elon Musk, the billionaire founder of Tesla and SpaceX, has touted the revolutionary impact of cryptocurrencies – while seemingly poking fun at the concept in the same breath. In a video that was uploaded by Kevin Svenson, Musk can be heard saying,…
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December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level? Ether’s (ETH) $10,000 Dec. 31 call options recently came under the spotlight after surpassing $15.2 million in open interest (8,400 contracts). These instruments give the buyer the right to acquire Ether at a future…
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High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency…
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More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started. In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong…
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PancakeSwap’s DEX volume has grown by 350% in six weeks, causing its CAKE token rally 444% and the platform appears on track for even larger gains. Launched in September 2020, PancakeSwap is a decentralized exchange (DEX) running on Binance Smart Chain. Instead of allowing its users to trade ERC-20 and ERC-721 tokens, the DEX focuses…
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Etheruem’s rally to a new all-time high is being followed by equally impressive performances from the majority of altcoins. Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will…
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The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage. Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage. Although this is not necessarily negative, it should…
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The crypto gains are coming in, but how long will it last? How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months. In a tweet on Feb. 4, Paul said the industry is currently in the “7th inning…
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