Bitcoin has made a swift recovery following days of poor performance in the cryptocurrency market, and this has boosted the mood in the global digital assets. The token made an …
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USD1 Crypto Stablecoin Dips Then Recovers After Attack Scare
by Team Crafminby Team CrafminThe USD1 crypto stablecoin momentarily traded under its benchmark over the Monday trading session. The setback created new questions in the digital asset markets. The token was even touching as …
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What Is A Bear Market: Scaramucci Says Bitcoin Still Worth Buying
by Team Crafminby Team CrafminThe world markets are soon falling down once again, and investors are seeking their path. What is a Bear Market, and its duration has become the issue of debate. Long-time …
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Easing Bitcoin Sell Pressure Signals Shift For Markets
by Team Crafminby Team CrafminThe reduction of the Bitcoin sellside is beginning to convert the near-term market dynamics in international crypto desks. New information published on Yahoo Finance indicates that exchange deposits are decelerating. …
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Crypto Savings Account Debate Intensifies As White House And Banks Clash
by Team Crafminby Team CrafminGovernment, banks, and crypto companies’ negotiations were re-established this week at the White House. The emphasis is on the rewards of stablecoins and their treatment by regulations. These incentives are …
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Cryptocurrency Tax Reporting Anxiety Rises As IRS Tracks Crypto Sales
by Team Crafminby Team CrafminThe current crypto tax reporting season seems to be different to the common investors this year. Digitised versions of forms of assets sit next to the conventional tax filings. A …
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Bitcoin Derivatives Open Interest Slides As Traders Cut Risk
by Team Crafminby Team CrafminThe derivatives market of Bitcoin has moved into a sharp risk-off with traders liquidating leveraged positions and de-exposing. The open interest in total bitcoin derivatives fell to $44 billion compared …
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Crypto Lending Platform Collapse Deepens Market Stress
by Team Crafminby Team CrafminAnother significant player in the market is leaving the market, and this is redefining decentralised finance with the collapse of the crypto lending platform. The lending protocols grew rapidly in …
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Cryptocurrency Buying Hesitation Grows As New Tax Rules Pressure Investors
by Team Crafminby Team CrafminInvestor apprehension of cryptocurrency purchasing is intensifying amid new threats of tax reporting and investment risk in the market. There is the pressure of compliance with a new tax form. …
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Bitcoin Price Correlation With Gold: US ETF Outflows Signal Market Rotation
by Team Crafminby Team CrafminThe US investors are shedding light on crypto funds as world markets are drawing in new funds. The correlation between the price of bitcoin and that of gold is once …