The report noted that the news of SpaceX, led by Elon Musk, writing off a portion of its Bitcoin holdings in the previous quarter, played an added role in fueling the correction within the cryptocurrency markets in August.
Funding rates plummeted across multiple exchanges, signaling a significant markdown in bitcoin perpetual futures.
The funding rates for perpetual futures linked to BNB have reached their lowest point in almost three months.
Cryptocurrency is a form of currency that exists solely in digital form. Cryptocurrency can be used to pay for purchases online without going throu...Read more
While you can invest in cryptocurrencies, they differ a great deal from traditional investments, like stocks. When you buy stock, you are buying a...Read more
If you buy and sell coins, it’s important to pay attention to cryptocurrency tax rules. Cryptocurrency is treated as a capital asset, like stocks,...Read more
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You can buy cryptocurrencies through crypto exchanges, such as Coinbase, Kraken or Gemini. In addition, some brokerages, such as WeBull and Robinho...Read more
Cryptocurrency is an emerging area with more than 19,000 crypto projects in existence, with very few barriers to entry. Last year, in particular, w...Read more
When we first think of crypto, we usually think of Bitcoin first. That’s because Bitcoin represents more than 45% of the total cryptocurrency marke...Read more
Part of what makes Bitcoin so valuable is its scarcity. Bitcoin’s maximum supply is limited to 21 million coins. Currently, there are 19 million co...Read more
Cryptocurrencies are rising in importance and not going away anytime soon. While the initial premise of cryptocurrency was to fix the problems with...Read more
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