Bitfinex’s coffers hold 66,000 fewer Bitcoin than they did four weeks ago. Does the increase in its Ether holdings make up for the loss? Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks. On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to just 134,091 Bitcoin. The massive decrease mirrors that experienced by BitMEX, which saw a 38% percent decline in its Bitcoin holdings after the mid-March “flash crash”. Source: TokenAnalyst Bitfinex BTC Balances & Net […]

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The crypto-based emergency app has seen its popularity explode amid the coronavirus crisis. Crypto-based emergency app Guardian Circle has seen a huge surge in monthly downloads due to the coronavirus crisis. According to figures supplied by the project to Cointelegraph, more than 5150 new users downloaded the app in March. That represents monthly growth of 2582% for the three year old app, which had struggled to attract attention in peacetime. In January, a little over 300 new users signed up. But while the current crisis has seen […]

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Amid record correlation between Bitcoin and the S&P 500, the IMF has predicted the worst global downturn in almost a century. The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better. With Bitcoin (BTC) experiencing a record correlation with the traditional markets, the cryptocurrency needs to break away from the S&P 500 if it has any chance of producing the highly anticipated post-halving bull run. IMF drops global […]

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German firm Black Manta Capital Partners has launched a security token offering for $12 million worth of Berlin real estate. Germany’s Black Manta Capital Partners has launched a security token offering (STO) for Berlin real estate worth more than $12 million. The project is a collaboration with the German real estate firm Tigris Immobilien and includes around 2000 square metres of real estate in total, mostly comprising individual apartments from 40 to 60 square meters in size. Construction is expected to be complete by 2022 and units […]

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Binance Coin rallied 151% since the crypto market crash on March 13 but will next week’s Binance IEO lead investors to push BNB prices even higher? Since dropping to a 2020 low at $6.34 on March 13, Binance Coin (BNB) has been on an absolute tear, gaining 151.48% to reach a 4-week high at $15.93. Unlike Chainlink (LINK), the recovery has been slow and steady as BNB flipped systematically flipped multiple resistance levels to support.  Aside from the strong oversold bounce that saw many cryptocurrencies snatch back […]

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