Bitcoin & cryptocurrency news

Crypto Market Cap Increases by 9% as Bitcoin tops $51K, Numerous Altcoins Showing Double-Digit Gains

The cryptocurrency market is experiencing a much-needed bounce back after the weekend’s crash, which wiped out nearly $500 billion from the market in the span of hours. Bitcoin (BTC) reconquered $51,000 support earlier today and was accompanied by numerous altcoins, including Ethereum (ETH), Cardano (ADA), and Solana (SOL), to name just a few, sporting robust double-digit gains.

Bank of Russia Rejects Provision of Crypto-Related Financial Services

Bank of Russia Rejects Provision of Crypto-Related Financial ServicesRussia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial Services for Crypto Assets The Central Bank of Russia (CBR), known for its […]

Bitcoin & cryptocurrency news

Micro Ether Futures, Sized at 10% of One ETH, Have Launched on CME Marketplace

CME Group, the world’s largest derivatives exchange, has expanded its cryptocurrency futures product lineup with the addition of Micro Ether futures (MET). The new financial instrument empowers investors to reach a higher degree of precision when trading and joins Micro Bitcoin futures (MBT) that were launched on the platform in May.