In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism.
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Largest cryptocurrency exchange, Binance, has launched a 50,000 USDT Binance Futures giveaway vouchers for traders of Ethereum (ETH) and XRP options contracts.
The giveaway is to celebrate the launch of the Options on Binance. The development comes over a week after Binance Futures Options launched trade for XRP and ETH.
Ethereum co-founder Vitalik Buterin has told Binance CEO Changpeng Zhao that cryptocurrencies can do more than just “reform money,” adding the crypto community should expand beyond the finance mentality.
In a tweetstorm, the co-founder of the second-largest cryptocurrency by market capitalization argued that some of the most popular narratives in the cryptocurrency space do not apply to this year’s crisis. Per Buterin, while Bitcoin was created n the aftermath of a global financial crisis in 2008, this year we’re dealing with a “virus crisis,” a crisis related to epistemology, and one of “overbearing policing.”
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