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Daily Crypto News- Amazon plans to accept Bitcoin payments this year, claims insider

FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’

Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users.

Amazon plans to accept Bitcoin payments this year, claims insider

 “It begins with Bitcoin,” an anonymous insider said in describing Amazon’s intent to enter the cryptocurrency payments arena. Amazon plans to accept Bitcoin payments this year, An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions. 

BTC bulls await breakout above 50-day EMA

BTC price inched toward 2020’s support with traders expecting more gains if a breakout occurs. A four-day winning streak brought the Bitcoin (BTC) prices closer to testing its 50-day exponential moving average (~$35,115) as resistance. The wave, which was instrumental in strengthening Bitcoin’s bullish bias across 2020 as support, flipped to become a resistance during the May 2021 sell-off.

Finding the sweet spot: Traditional financial institutions ready for DeFi

With the announcement of Aave Pro, a DeFi platform exclusively for institutional investors, the big boys may finally be getting ready to play with blockchain. Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted.

43% of Singaporeans own crypto, according to an Independent Reserve survey

Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by the Asia-Pacific cryptocurrency exchange Independent Reserve. 

VeChain Sets All-Time High Where Bitcoin, Ethereum see resistance

1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin

BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal fees for Indian user who have funds on banned crypto exchange. In the wake of the recent ban ...
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A Decade in the Making: US SEC Approves 11 Bitcoin ETFs, Igniting Market Enthusiasm

After years of anticipation and regulatory scrutiny, the U.S. Securities and Exchange Commission (SEC) has granted approval to 11 Bitcoin ETFs applications, marking a significant milestone in the cryptocurrency and ...
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Will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved?

Everyone wants to know that bitcoin will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved? We talk about the Bitcoin ETF, an important part in the cryptocurrency space. According ...
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10 Must-Have Features on Bitcoin Staking Site

Crypto has provided many benefits for online gambling, and almost all relevant gambling sites now offer it as a payment method.  With so many gambling sites, players, especially those without ...
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Christmas in the cryptocurrency world arrives early as the pre-holiday crypto market heats up

Happy Cryptomas to all of you! During the bullish state of the crypto market, margin-lending platforms and decentralised exchanges were the most often used DeFi protocols. Bitcoin is Up 167% so ...
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