Category Archives: Coins

India May Ban Cryptocurrencies Lacking Government Approval

India May Ban Cryptocurrencies Lacking Government Approval

Cryptocurrencies may soon have to be approved by the Indian government for investors to hold or trade them on exchanges, according to a Reuters report that cites a source in the know. Such a requirement would likely make hundreds of digital traders unavailable for the Indian crypto community. Not complying with the stringent rules will […]

Hillary Clinton Says Crypto Could Undermine Dollar as World’s Reserve Currency

Hillary Clinton Says Crypto Could Undermine Dollar as World’s Reserve Currency

Former Secretary of State Hillary Clinton weighed in on the rise of cryptocurrencies during her virtual appearance at the Bloomberg New Economy Forum, claiming that they could undermine the role of the U.S. dollar as the world’s reserve currency and destabilize nations: One more area that I hope nation-states start paying greater attention to is […]

Hillary Clinton Says Crypto Could Undermine Dollar as World’s Reserve Currency

Hillary Clinton Says Crypto Could Undermine Dollar as World’s Reserve Currency

Former Secretary of State Hillary Clinton weighed in on the rise of cryptocurrencies during her virtual appearance at the Bloomberg New Economy Forum, claiming that they could undermine the role of the U.S. dollar as the world’s reserve currency and destabilize nations: One more area that I hope nation-states start paying greater attention to is […]

$500 Million Bitcoin Longs Liquidated After Market Drops by Another 8%

$500 Million Bitcoin Longs Liquidated After Market Drops by Another 8%

The global correction on the cryptocurrency market continues with more traders deciding to take profits and exit the market, which is leading to massive liquidation volume on various exchanges for those who decide to leave their positions open. The current 24-hour liquidation volume on numerous centralized exchanges has already reached $640 million since Bitcoin is continuing to dip […]

$500 Million Bitcoin Longs Liquidated After Market Drops by Another 8%

$500 Million Bitcoin Longs Liquidated After Market Drops by Another 8%

The global correction on the cryptocurrency market continues with more traders deciding to take profits and exit the market, which is leading to massive liquidation volume on various exchanges for those who decide to leave their positions open. The current 24-hour liquidation volume on numerous centralized exchanges has already reached $640 million since Bitcoin is continuing to dip […]

Bitcoin Traders Are Actively Opening Short Positions Following 20% Market Correction

Bitcoin Traders Are Actively Opening Short Positions Following 20% Market Correction

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Bitcoin Traders Are Actively Opening Short Positions Following 20% Market Correction

Bitcoin Traders Are Actively Opening Short Positions Following 20% Market Correction

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

“Simply Bull Market”: Bloomberg’s Mike McGlone on Bitcoin in Early 2022

"Simply Bull Market": Bloomberg's Mike McGlone on Bitcoin in Early 2022

Mike McGlone, Bloomberg Intelligence Commodity Strategist, has taken to Twitter to indicate four causes behind the optimism of Bitcoiners. Increasing adoption vs. declining supply Mr. McGlone shared three graphs: the dynamics of Bitcoin’s (BTC) average annual price, Bitcoin’s Liquid Index (1Q timeframe) and the ratio between the Bitcoin price’s 260-day volatility and the same indicator for […]