A violent flash crash on GDAX's ETH market drove prices as low as $0.10, triggering massive losses for leveraged traders. Angered investors are now organizing a class-action lawsuit against the exchange.
In 2018, crypto basket tools gained traction, enabling investors to buy multiple cryptocurrencies in a single click. This article analyzes various basket products, their features, target users, and market potential.
On May 23, 2018, cryptocurrency markets suffered broad losses with BCH dropping 10% to ~$1,055 and BTC falling 4.1% to ~$7,909. Trading volumes shrunk significantly, technical indicators turned bearish, and market sentiment worsened.
CME Group, the largest futures and options exchange globally, announced on Oct 31, 2017, plans to launch Bitcoin futures contracts in Q4, cash-settled based on the CME CF Bitcoin Reference Rate (BRR). This move is seen as a major step toward institutional adoption and potential Bitcoin ETF approval.
After Ethereum’s hard fork, Kraken moved to support Ethereum Classic with multiple ETC trading pairs, while Coinbase drew criticism for freezing user ETH and ETC funds and declining near-term ETC trading support on GDAX.
Coinbase has added PayPal support for selling bitcoin and credit card options for buying, initially available to U.S. users. The exchange now serves over 4 million registered users worldwide.
Coinbase now allows users to sell Bitcoin and withdraw funds via PayPal, and purchase Bitcoin with credit cards. The integration, currently in beta for US users, marks a step toward broader crypto adoption. Coinbase has 4 million registered users and stores about 10% of all Bitcoin.
Coinbase adds PayPal support for selling Bitcoin and credit card buying, expanding fiat on-ramps. The exchange now serves 4 million users globally and holds about 10% of all Bitcoin.
