Finance

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’

Coins Legend June 13, 2022 0

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will

Regulation

CFTC Chairman Confirms Bitcoin, Ether Are Commodities

Coins Legend May 23, 2022 0

The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether […]

Technology

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

Coins Legend May 21, 2022 0

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says […]

Finance

Leading Derivatives Exchange CME Group Launches Micro Bitcoin and Ether Options

Coins Legend March 31, 2022 0

CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive. CME Now Offers Micro Bitcoin, Ether Options CME Group announced Monday […]