$7.6 billion in crypto long positions liquidated in one hour as bitcoin plunges to $52,000
$7.6 billion worth-of crypto long positions liquidated over the past hour as bitcoin's price plunged to $52,000, data from bybt.com shows.
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Here’s how big brokerage firms are breaking into bitcoin trading
Crypto brokers are making money hand over fist. The direct listing of Coinbase put on display just how much money such firms are making, with the exchange reporting nearly $2 billion in revenues during the first quarter of 2021. Much of those revenues were transactional and from trades made on its retail brokerage platform. Other […]
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China coal mine accidents may be behind bitcoin's hash rate drop
Recent security incidents in several coal-mines in China appear to have had a ripple effect on bitcoin's mining hash rate.
Coinbase nabs a top 10 slot in Apple's US App Store for the first time since January
The app for the crypto exchange hasn’t comprised the top 10 apps since January 29 when stock-trading app Robinhood was number one.
Brevan Howard to start investing in crypto: report
Brevan Howard Asset Management, the British hedge fund, is set to begin investing in digital assets, according to a report by Bloomberg.
Crypto brokerage Bitit is shutting down amid bitcoin bull run
French crypto brokerage Bitit is shutting down after six years in operation.
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Cathie Wood's Ark funds bought $246 million worth-of Coinbase stocks on listing debut
Cathie Wood's Ark funds bought 749,205 COIN shares on Wednesday. Coinbase is up 10% in premarket trading as of writing.