According to a recent Reddit post that references changes to the exchange’s API, Binance, the world’s largest crypto exchange, may soon introduce margin trading. In the post on r/cryptocurrency, enriquejr99 noted that an update to Binance’s API added the following two booleans: isSpotTradingAllowed and isMarginTradingAllowed. “This change has not been reflected on the documentation,” reads […]
SludgeFeed
#REKT? Not With Bitcoin! Yearly ROI On Largest Cryptocurrency Still Tops 150%
Bitcoin prices may be trailing around $ 6000, but investors in the space for longer than a year can still celebrate a 150 percent return on investment (ROI).
Bitcoin Hodlers ‘Only’ Made 1.5 Times Returns Since July
Data from cryptocurrency price trackers confirms that despite BTC/USD continuing to trend down this month, capping over 75 percent losses against all-time highs in December, prices are still up one-and-a-half times versus July 2017.
Out of the top ten cryptocurrencies by market cap, only Stellar and IOTA have performed better, other assets either trailing or having only begun their existence less than twelve months ago.
REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69%
Bitcoin may have dropped in price, but its losses are far below many altcoin assets as forks Bitcoin Cash and Bitcoin Gold hemorrhage value.
Grim Reading For Bitcoin Forks
In an analysis of 63 top cryptocurrencies by market cap, one online commentator drew attention to overall retraction of prices versus their all-time highs.
Bitcoin came in 52nd on the list, having dropped 69% as of Tuesday. Bitcoin Cash had fallen a giant 82% to reach number 16, while Bitcoin Gold fared even worse, losing 85% to occupy 6th position.