Bitcoin Suffers Major Correction, $1.9 Billion Liquidated on Top Exchanges

Bitcoin (BTC) failed at its first attempt to hit $50,000 after hitting a new all-time high on Sunday. The sharp correction that occurred in today's early hours has led several crypto traders to count their losses.  Bitcoin Hits New All-time High Before Correction Buoyed by the news of potential adoption by financial institutions, the price of Bitcoin enjoyed positive gains during the weekend. Starting at $46,000 on Friday, bitcoin continued to make steady upward movements.  On February 14, the leading…

The Bybit Exchange – An Easy to Follow Review for New Users

Bybit is a global cryptocurrency derivatives exchange that continues to see adoption in the sector due to its focus on experienced traders. The platform combines various advanced tools like trading bots and leverages to give experts an edge in the market. Consequently, Bybit is one of the most popular exchanges in the world.  Bybit is one of only a few reputable exchanges that offer peer-to-peer cryptocurrency futures. While the platform was built from the ground up with expert traders in…

Borussia Dortmund Football Club Partners with Crypto Platform Bybit

German professional football club Borussia Dortmund (BVB) has announced a multi-year partnership with the Crypto trading platform Bybit. The partnership was revealed today on Twitter and is expected to open doors of opportunities for the German football club to innovate using blockchain technology. Bybit is one of the top crypto derivatives exchanges in Asia and supports trading BTC, ETH, EOS, and XRP perpetual contracts. The crypto exchange is also known for its huge liquidity and fast transaction speeds.  The partnership…

Bybit Integrates Chainlink’s Price Reference Data into its Future Market

In a recent announcement, Bybit has integrated Chainlink's Price Reference Data into its Future trading platform. As of now, Chainlink's price feed is already live for pairs, including BTC/USD, ETH/USD, XRP/USD, EOS/USD, LTC/USD, XTZ/USD, and LINK/USD. Chainlink leverages its centralized oracle networks to private the largest collection of decentralized on-chain price reference data. It claims to be Sybil resistant and comprising fully independent nodes run by leading blockchain DevOps. Integrating with price reference data, Bybit enables its traders to explore…