The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to keep his own crypto safe,”…
One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in the Baltics to start offering crypto trading.” Large Estonian Bank Now Offers Crypto Trading LHV announced this week that it has become “the first bank in Estonia to offer its…
“We are powerfully imprisoned in these Dark Ages simply by the terms in which we have been conditioned to think.” — Buckminster Fuller To many Bitcoiners, “Bitcoin is hope” and the future appears bright. However, this is not the case for many non-Bitcoin people right now. Despite this, I think Bitcoiners and non-Bitcoiners alike can agree that our collective experience…
A Google Threat Horizon Report published earlier this week has raised concerns over hacked cloud accounts being used to mine cryptocurrency. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” the report said. It added that of 50 recent examples, 86% of cases showed that hackers were mining cryptocurrencies with the accounts. The report, published by the Google…
Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs. It’s often difficult for new cryptocurrency enthusiasts to navigate the complex world of trading and finance.…
In brief Artist Damien Hirst turned his recent cover art for Drake’s “Certified Lover Boy” album into a series of NFTs. The new NFTs were airdropped for free to holders of Hirst’s The Currency collection, which launched in July. Although divisive, the cover art for rapper Drake’s latest album “Certified Lover Boy” stands apart from those of his contemporaries, featuring…
Deribit exchange is the absolute leader in the Bitcoin (BTC) options markets and on Nov. 24 the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.” We’ve seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of Nov implying a more bearish overall sentiment. Premiums for…
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published by cryptoliteracy.org further explains that 9 out of 10…
El Salvador President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 today. In a Friday tweet, the El Salvador president said he had purchased 100 Bitcoin (BTC) following a global market sell-off in response to a new COVID-19 variant discovered in South Africa. According to data from Cointelegraph Markets…
Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protein. The sharp fall has resulted in cross-crypto liquidations of over $750…
