• Bitcoin

    Oakland A’s selling discount luxury suites for Bitcoin

    The price is set at one Bitcoin for a season six-person suite which costs $64,800—currently almost a $9,000 discount

    The team is pitching the offer as a gamble, with Kaval noting that suites’ prices will fluctuate with the price of bitcoin, which he said, “adds to the excitement.” Of course, that means if bitcoin rises past $64,800 by the season’s close on Oct. 8, purchasers will have overpaid—assuming they aren’t selling BTC to pay for the suite in the first place.

  • Bitcoin liquidates $500M longs hour
    Bitcoin

    Bitcoin’s hiccup liquidates $500M of longs in one hour

    Bitcoin 12% price plunge caused futures traders to lose nearly $500 million within an hour—and more than $2.8 billion over two days

    One explanation is that many new and inexperienced traders have joined the market. On-chain analytics firm Glassnode’s founders Jan Happel and Jann Allemann had another: “There is excess greed in the system, with 60% of contracts levered 20x or more."

  • Robinhood 700% growth female crypto traders
    Cryptocurrencies

    Robinhood Crypto: 700% growth in female traders in 2021 alone

    Though still underrepresented, the stock and crypto exchange said 40% of its female customers trade cryptocurrencies

    Noting that a recent study cited in the Wall Street Journal found that women make up less than 25 percent of deposits into US brokerage accounts, Robinhood added, “we’re excited by the potential of cryptocurrency to help democratize finance for all.”

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin puts in $54K low but strong holders keep demand flowing

    The week’s downturn stays in force as analysts disagree over its root cause but buyers are far from in short supply

    Bitcoin stayed lower on March 16 as the week’s comedown from all-time highs accelerated overnight. The move compounds an already bearish turn in Bitcoin markets which followed new all-time highs of $61,700 during the weekend.