February, 2021 - Cryptos Facts

Bitcoin News

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BlackRock ‘Dabbles’ In Bitcoin, CBDC Card, Ethereum Futures + More News

bestadmin
February 17, 2021

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news Rick Rieder, BlackRock‘s Chief Investment Officer…

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News

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Blockchain.com Secures $120 Million In Funding Round; Plans to Use Funds For Institutional Business Support

bestadmin
February 17, 2021

Popular crypto wallet Blockchain.com has secured $120 million in a recently-concluded funding round. The crypto wallet provider revealed details of the financing round in a on the 17th of February.…

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News

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Bitcoin Passes $51K: Where Do We Go From Here?

bestadmin
February 17, 2021

$5,000, $10,000, $25,000, all of these numbers are fairly arbitrary, and yet, their roundness is somehow more significant than, say, $5,789, or $11,890, or $26,137. Therefore, when Bitcoin passed $50K…

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Blockchain News

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Blockchain-powered Karaoke Booms in South Korea as Coronavirus Drags on

bestadmin
February 16, 2021

Coronavirus pandemic-mitigating lockdowns and government-imposed limits on social contact are helping to spur the spectacular growth of blockchain-powered entertainment apps in South Korea – with token-driven karaoke, movie platforms and…

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News

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The End of Crypto in India? Proposed Crypto Ban Has Big Implications

bestadmin
February 16, 2021

After a dramatic couple of years in India’s cryptocurrency industry, the regulations that guide the development of India’s crypto scene took a restrictive turn last week. Indeed, Finance Magnates previously…

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Regulation

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Russian Taxman Is Coming after Cryptocurrency Profits

bestadmin
February 16, 2021

The Russian parliament has initially passed a new bill that will start taxing profits from cryptocurrencies, according to local media reports. However, it is not clear if the taxation will…

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News

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Cryptocurrency Economy Reaches $1.5 Trillion, Crosses Australian GDP

bestadmin
February 16, 2021

The cryptocurrency market jumped above $1.5 trillion today after the recent rally in Bitcoin and Ethereum. The market of digital assets is now more valuable than the entire Gross Domestic…

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News

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Crypto Market Rebounds From $1.9 Billion Liquidation

bestadmin
February 15, 2021

The crypto market has rebounded from a $1.9 billion liquidation on the 14th of February. The rebound gave way to several asset price declined across the crypto market. Bitcoin also…

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Altcoin News

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Crypto Market Sentiment Improves Slightly, Altcoins Appreciated The Most

bestadmin
February 15, 2021

The average 7-day moving crypto market sentiment score (sentscore) for 10 major coins remains largely positive, and even improved further from last week’s 6.33 to the 6.43 today, according to…

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Bitcoin News

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3 minute read

USD 1.9B Liquidated As Overexuberant Crypto Traders Get Overleveraged

bestadmin
February 15, 2021

Around USD 1.9bn in 281,000 trading positions have been liquidated in a day as the market corrected sharply, per bybt.com data. Around 90% of the liquidations were of long positions,…

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