BTC momentarily plunged to €48,529 from €60,000 on Coinbase, while on Kraken, for instance, the price only went as low as €58,400. The reason for the flash crash remains unclear and it took 10 minutes for the price to rebound back to parity with other exchanges. Original
Right now, the kind of fully digital end-to-end systems that smart contracts enable are the province of the world’s biggest companies. With scale and deep pockets, big companies have built integrated systems without blockchains. However, because they are highly customized and built on private systems, they are too costly and complex for most smaller firms to manage. As blockchain access spreads through the business world, we will see more than just efficiency, we will see a more level playing field between small firms and large enterprises. Source
On Coinbase, the U.S.-based cryptocurrency exchange popular with retail traders, bitcoin got to a new high of $69,325. But Bloomberg says the fresh record is $69,191.94, Reuters says $69,202 and the CoinDesk Bitcoin Index (XBX) says $69,208.79. CoinGecko reports that bitcoin only reached $68,912.84 on Tuesday, which is not a new record, according to its tally. Source
In the wake of Bitcoin’s exhilarating climb to surpass $67,000, marking a new milestone in its storied journey, Real.Casino announces a celebratory $5,000 giveaway. This event is not just a celebration of Bitcoin’s latest achievement but also an invitation to the broader community to engage with the cryptocurrency ecosystem in a meaningful way. As the […] Original
The Dogecoin open interest (OI) is surging after a week of remarkable price action. The meme coin which rose over 100% has continued to enjoy the attention of investors and traders alike, leading its open interest to reach a new all-time high. Dogecoin Open Interest Taps Record $1.49 Billion Data from Coinglass shows that there was an exponential growth in the Dogecoin open interest in the first five days of March. The open interest had closed out the month of February $870.22 million. However, only five days later, Dogecoin’s OI…
Bitcoin’s push to a record high on Tuesday has been part of a broader rally in 2024, with other cryptocurrencies and investment vehicles tied to bitcoin surging along with it. Start with the arrival of bitcoin exchange-traded funds, which is often pointed to as one of the sparks of the crypto rebound. The price of bitcoin has climbed about 48% since Jan. 11, when the ETFs first launched, according to Coin Metrics. The ETFs have seen similar gains. IBIT 1M mountain Bitcoin ETFs, like iShares’ IBIT, have surged over the…
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Deutsche Börse has unveiled its entry into the regulated digital assets market with the introduction of DBDX, a dedicated platform for institutional cryptocurrency trading. Under the leadership of Carl Koelzer, who oversees FX and digital assets, DBDX aims to deliver a secure and transparent trading platform tailored for Europe’s institutional investors. Deutsche Börse Reveals DBDX […] Source CryptoX Portal
The CoinDesk 20 tracks the world’s largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source
Sahara co-founder Sean Ren says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI. Source