El Salvador Postpones the Issuance of Bitcoin Bonds Citing Unfavorable Market Conditions

Last week, El Salvador was scheduled to issue its $1 billion Bitcoin volcano bonds, however, things don’t seem to have materialized as per the timeline. As reported by Reuters, El Salvador Finance Minister Alejandro Zelaya said that they would be…

$20 Million in Bitcoin (BTC) Long Liquidation Over the Last Hour, Funding Rates Turn Euphoric

After last week’s strong bounce back, the world’s largest cryptocurrency Bitcoin (BTC) is witnessing some selling pressure. As of press time, Bitcoin (BTC) is trading 2.4% down under $41,000 levels. The recent pullback comes as Bitcoin face…

Amid Sanctions, Russia’s Sberbank Secures License to Issue Digital Assets

A day after Ukraine legalized the use of digital assets in the country, Russia’s largest lender Sberbank secures the license to issue digital assets in the country. On Thursday, March 17, the Russian central bank said that Sberbank can now exchan…

Bitcoin (BTC) Back to $41,000, Here’s Why Retail Investors Should NOT Buy Yet

Just a day before the Federal Reserve plans to announce its first rate hike in four years, Bitcoin (BTC) makes a surprising move to the north. As of press time, Bitcoin is trading 5% up above $41,000. This is for the third time in three weeks that Bitc…

Huge Venture Capital Money Flows Into Crypto Funds Amid the Russia-Ukraine Crisis, Here’s the Stats

The Russian-Ukraine war has sent jitters across the equity and the crypto market bringing back strong volatility in play. Furthermore, the sanctions have also exposed that how any country can be at the receiving end of the economic warfare driven by tr…

Crypto Market Enters Correction As EU Mulls Banning Bitcoin and PoW Crypto

The crypto market has come under pressure once again ahead of the European Union reportedly working to pass a bill banning all Proof-of-Work (PoW) cryptocurrencies citing environmental concerns. This means that the EU could potentially ban Bitcoin as w…

El Salvador’s 10-Year Bitcoin (BTC) Bonds Coming This Week, Here’s What At Risk

The wait for El Salvador’s Bitcoin Bonds is likely to end this week! As per the latest report from Financial Times, the Bitcoin bonds shall be available for purchase this week! El Salvador President Nayib Bukele calls these Bitcoin bonds a gatewa…

Large Investors Building Heavy Short Positions for Bitcoin (BTC): Reports

The Bitcoin (BTC) price is down another 3% on the backdrop of unfavorable global macros and rising inflation. So if you think that this might be the right time to average, you might want to wait a little bit more. Citing data from Datamish, popular cry…

Goldman Sachs Working on Offering OTC Bilateral Crypto Options

Wall Street banking giant Goldman Sachs is looking to further expand its crypto derivatives offerings. As per the Bloomberg report, Goldman is currently looking to explore over-the-counter bilateral crypto options. This will make Goldman one of the fir…