The interest and demand in the derivatives market had increased significantly in 2019 with major mainstream organizations entering the frame. The spike in institutional interest was evident but the year closed on a relatively low point in December. According to Crypto Compare’s recent report, it was indicated that regulated bitcoin derivatives product volume of CME...Read More
Bitcoin price has definitely kept everyone at the edge of their seats, but the failure of Bitcoin exchange-traded funds [ETF] has been another talked-about topic through 2019 and 2018. Numerous prominent players have tried and failed at acquiring approval from the US regulators. However, 2020 may not be the year of ETFs, according to Michael...Read More
We will be looking into several market opinions and Stellar Lumens historical prices in order to project an XLM price prediction for February 2020. Stellar Overview The Stellar blockchain was launched in 2015, and it was created to support fast transactions and free exchanges between fiat and digital assets. As it was initially a fork...Read More
BitMEX Research’s previous data had stated over 60,000 non-cooperative channel closures took place on the Bitcoin’s lightning network. A non-cooperative channel closure takes place when a lightning network node initiates the closure of a payment channel without directly communicating with the node linked to the channel. BitMEX, in its recent research took an in-depth look...Read More
Bitcoin was able to incur some steady upwards momentum yesterday, which allowed its price to rapidly climb up to its 2020 highs of $9,200 before it faced some strong selling pressure that led it to plummet back towards $8,900. Buyer were able to absorb the majority of this selling pressure, however, and have allowed the...Read More
Since XRP’s brief tryst with the $0.25 level on January 18, the cryptocurrency saw a steady decline over the following week to under $0.21. However, XRP has risen in value since then to around $0.232 at the time of writing, and the coin’s aspirations of meeting the $0.25 level again may be finally within reach....Read More
Satoshi invented the first cryptocurrency, bitcoin, in 2009. A decade later now, we have different types of cryptocurrencies and different uses for them. One of the industries that have adopted and reaped the benefits of these digital currencies is online gambling. What is cryptocurrency? Source: MontanaPublicRadio Many people still do not understand what cryptocurrency is...Read More
Today, Cardano went up by 13.74% gains as buyers continue to show interest. The biggest gainer on market cap targets $0.064 in the near term. Cardano’s bullish sentiment is still moderate against Bitcoin, awaiting a clear break. ADA/USD: Cardano is Poised For More Gains After Surging To $0.042 The latest surge in the price of...Read More
An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do. Majority Will Sell If Bitcoin Price Reaches $100,000 One of...Read More
The sudden breakout of the coronavirus in China and its continuous spread might already be taking its toll on the local and even global economy. In a recent statement, the Japanese Economy Minister said that he believes corporate profits and factory production are taking serious hits. And while major indexes are charting losses across the...Read More
The Supreme Court resumed hearing in the ‘Crypto V. RBI’ case on 28 January and is yet to pronounce a judgment. With IAMAI’s counsel, Ashim Sood and cryptocurrencies exchange counsel Nakul Dewan, the judges’ bench was presented with various arguments against RBI’s “decision to control consumer behavior”. Sood argued that the central body failed to...Read More
Ethereum saw another 4% price increase over the past 24 hours of trading, which caused it to climb back into the resistance at the 200-days EMA. Against BTC, ETH dropped beneath the short term ascending triangle but found support at the .382 Fib Retracement. Ethereum is still struggling to break the 200-days EMA resistance, which...Read More
A full-blown crisis involving the taxation of bitcoin cash miners is at an end, for now. | Source: Shutterstock.com Hash war may be averted after major mining pool withdraws its support for the plan. Anonymous miners threatened a hash war in response to the tax, which could have lead to a chain split. Bitcoin.com announced...Read More
Bitcoin’s price just crossed the $9,000 mark. The halving, which is arguably one of the most anticipated events in the cryptocurrency space in 2020, is just months away. Still, there is no real coverage on behalf of mainstream media, unlike what happened toward the end of 2017 when Bitcoin was charting daily surges, and traditional...Read More
Bakkt, the Bitcoin Futures trading platform for institutions, had caused a lot of positive noise before its actual launch in mid-2019. The platform is backed by ICE, and since its launch, there is a constant growth in its daily reported traded volume. It had crossed the benchmark of 6,000 delivered Bakkt Bitcoin Futures. Those are...Read More
Bitcoin has been historically volatile. The king coin sustained massive volatility in the latter part of 2019. From the crucial $10k-mark, Bitcoin dropped to a low of $7.48k in September. While the coin did manage to breach $9k, the upward trend did not last long. In December, the price of the coin further declined to...Read More
Abstract: Following on from our January 2020 piece on our database of at least 60,000 non-cooperative lightning network channel closures, we were asked how many of these were public channels vs private ones. We have used the 1ml.com database of public lightning channels and cross referenced it with our dataset of non-cooperative channel closures. We...Read More
The aggregated crypto markets have been caught within a firm and unwavering uptrend over the past several days and weeks, which allowed many cryptos, including XRP, to put significant distance between their current prices and their recent lows. It is important to note that while XRP has seen some decent momentum in recent times, it...Read More
Bitcoin’s firm 2020 uptrend has extended today, as the cryptocurrency has been able to post a notable climb from its recent lows of $8,200 that were set earlier this week when the cryptocurrency’s sellers made an attempt to push the cryptocurrency significantly lower. In the near-term, analysts are noting that the cryptocurrency’s ongoing attempt to...Read More
