Binance will delist all FTX leveraged tokens on March 31st. The official reasoning is that users were misunderstanding the way the tokens devalued over time as the underlying assets fluctuate back and forth.
The coronavirus stimulus bill may include digital dollars that are stored in digital wallets as part of the relief.
Bitcoin couldn’t avoid the coronavirus panic, crashing by a full 50% on March 12th. However, Bitcoin has since been recovering and might just start being attractive with central banks printing money.
Most markets are in a panic over coronavirus. Bitcoin finally took a big hit along with broader markets on March 12, 2020, dropping over 50% from around a $7,960 high to a low of $3,800.
The Coronavirus has been taking out just about every market, and crypto has been no different. However, Corona hasn’t been enough to throw Bitcoin off any long term trends.
India’s Supreme Court overturned their central bank’s ban on cryptocurrency trading, lifting the ban that had been in effect since April 2018.
After an epic run crypto is seeing a correction that seems to be correlating with Coronavirus fears in other markets.
Coinbase has announced they will be listing Kyber (KNC) AKA Kyber Network. Transfers begin on Monday, February 24. It is likely Kyber will also launch on Coinbase soon since it is getting both KNC/USD and KNC/BTC pairs.
Starting Feb 12 Coinbase Pro will offer margin trading up to 3x for users in some states.
The ETHE premium, like the GBTC premium, can be a signal of crypto sentiment (and more-so with ETHE, ETH sentiment). However, it can also signal that ETHE is overbought.
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