Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity. For 2022, the U.S. trading hours show a marked increase in trading volume, making up 43% of the 24-hour volume on average. Trading volumes have trended up during US market hours since late 2021. The 43% figure is up from 36% from the period from Nov, 1, 2021 to Jan. 16, 2022. In the graph, the U.S. market …

Patriarch Kirill of Moscow and all Rus', the leader of the Russian Orthodox Church, has not urged his flock to invest in Bitcoin, despite videos claiming otherwise. A clip recently emerged claiming that Kirill had urged the faithful to invest in cryptocurrencies. While the video does include genuine comments from the patriarch regarding the benefits of robotics for the economy, and a mention of Bitcoin (BTC), the comments were heavily edited, with the narrator further claiming that the leader would bless those who wish to invest in crypto in a special service at a Moscow church. The church's top media …

The appeal of profits incurred through cryptocurrency trading has only increased for those not already participating in the market. However, despite Bitcoin’s average return being over 800% and other altcoins offering comparable numbers, such as Ethereum at 400%, the cryptocurrency market is one of the most difficult to navigate for beginners, often being considered more complex than the traditional market. Although the barriers are high, investors are still not deterred. After all, with more risk often comes higher rewards. At its foundation, one reason that makes investing in this market so challenging is that it is never closed. With its …

Frax Share (FXS) has been one of the few altcoins to pull off a dominant price performance amid the down market of late 2021 to early 2022. In the month between Dec. 14 and Jan. 14, FXS was up 128% against the U.S. dollar and 159% against Bitcoin (BTC). In addition to this impressive feat, FXS topped the charts of historically bullish trading conditions on multiple occasions throughout this period. What is behind the token’s recurring strong trading outlook? Governing a stablecoin ecosystem FXS is the utility token underpinning the Frax ecosystem — a stablecoin protocol that seeks to occupy …

There are many advantages to automating one's trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto trading bots account for 70% to 80% of the overall trading volume. TokenBot is an automated copy-trading platform designed for social trading groups and communities within messaging apps such as Discord, Telegram, and Slack. Once added to a social media group, TokenBot monitors the admin's account on an exchange and automatically notifies members of their trading activity details …

Crypto exchange Gemini announced Thursday that it had agreed to purchase Bitria, a San Fransisco-based start-up that provides traditional portfolio management tools for use in crypto investments. The goal of Bitria is to provide a platform for traditional asset managers and financial advisors to use in helping their clients invest in cryptocurrencies. Gemini said that it seeks to integrate Bitria’s Separately Managed Accounts and its Digital Turnkey Asset Management platform into its own exchange capabilities. The integration is intended to give advisors access to more than 70 different cryptocurrencies through Gemini’s exchange as well as giving them access to their …

Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto. Sequoia, who led the round, with investment from Sequoia Heritage, Sequoia Capital Global Equities and the Global Growth Fund, will also get a seat on the Citadel Securities Board of Directors for Sequoia Partner Alfred Lin. We are proud to announce that Sequoia and Paradigm have made a $1.15 billion minority investment in our firm. https://t.co/EIbWKduS1h …

Daily volume on NFT marketplace LooksRare has already exceeded $394 million following the platform’s official launch on Jan. 10. The platform was able to bring in this customer base by offering only 2% fees on basic sales and zero fees on private sales, compared to competitor OpenSea’s 2.5% fee on every transaction. The project also allows traders to earn rewards in the form of its native LOOKS token for buying and selling NFTs. The premier NFTs that have taken LooksRare by storm are the Meebits collection, which come from LarvaLabs — the same creators behind Cryptopunks and Autoglyphs. Meebits are …

Crypto assets within the Cosmos ecosystem have been on a run since the start of 2022 thanks to an intensified focus on brokering cross-chain compatibility with other blockchains. One decentralized finance (DeFi) protocol that has benefited from the current expansion plans is Osmosis (OSMO). Osmosis is the first decentralized exchange (DEX) servicing projects connected through the Interblockchain Communication Protocol (IBC) and data from Cointelegraph Markets Pro show OSMO price surged 123% from a low of $4.05 on Dec. 17 to a new all-time high at $9.24 on Jan. 7. Three reasons for the price growth seen in OSMO include a …

"Buy now, pay later" platforms have become increasingly popular among consumers who want a little flexibility when shopping online — and now, one project is bringing this concept to crypto. Uquid's Pay in 3 feature does what it says on the tin: spreading crypto payments on everyday purchases across three instalments. This means shoppers have 90 days to settle their balances in full — and they won't be charged interest. The DeFi-focused company says this approach offers a number of advantages. Not only can this ensure payments are timed with fluctuations in a cryptocurrency's value, but consumers can open up …

The metaverse is more than a movie concept. It combines all digital experiences a user might encounter, replicating many of the actions one would take in the real world, including the purchase of property, homes and clothing, and the customization of one's own space and avatars. However, unlike a virtual ecosystem in a game, the metaverse considers financial data management and other transactions that can keep an entire economy running and simulate what a user would encounter in the real world. Without it, users are likely to miss out on the completely immersive experience the metaverse can offer. Recognizing this …

Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. That puts the kingdom as the top country in North Africa and in the top 50 holders of cryptocurrency population percentage, just ahead of Portugal. Data from Useful Tulips — a platform that tracks peer-to-peer BTC trading across the globe — confirms the trend. The Kingdom of the West, as it’s known locally, has been the runaway North African leader for BTC trades in the past year, pipped by only Saudi Arabia when weighing up …