According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%. At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance. Derivatives On The Rise And amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the...Read More
The recent Bitcoin price increases, and the upcoming halving have brought back media attention. CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon. CNBC Believes Bitcoin Will Surge Bitcoin made an appearance on CNBC’s Fast Money on Friday following the recent price surge. Crypto-friendly expert, Brian Kelly,...Read More
Jack Dorsey’s flirtation with bitcoin is becoming a full-on affair – but the Twitter CEO is love-blind if he can’t see bitcoin’s blemishes. The post Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency appeared first on CCN.com The post appeared first on CCNRead More
The latest price developments helped Bitcoin’s price to recover following the massive sell-offs in mid-March. However, while most features of the cryptocurrency market have reclaimed previous positions, a few are still showing weak charts. Bitcoin Price Recovered Since Black Thursday The year started quite positively for Bitcoin and the entire cryptocurrency market. Interest, trading volumes,...Read More
Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month. Tether Mints 1.6B USDT in April. From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions...Read More
The Tweet has the Cruelest twitter thread of Crypto Changpeng Zao Joins the roast thread. On 1st May 2020, Coinmarketcap, the first crypto data site celebrated its 7th year anniversary in a unique way anyone ever did. They shared a Tweet on 1st May to mark their 7th Birthday and celebrate the occasion, the tweet...Read More
By Mike Co and Shawn Dejbakhsh Bitcoin and gold are fundamentally similar as scarce and globally accessible units of value. But gold’s recent market supply squeeze highlights important distinctions between the two assets. The recent challenges of the gold market reveals Bitcoin’s distinct advantage over gold: Bitcoin does not rely on fragile physical supply chains...Read More
There is a lot of momentum taking place within the cryptocurrency space these days. Bitcoin’s price momentum over the past few days has been interesting to watch, as it benefits the entire cryptocurrency industry. The year 2020 has been a bit of a mixed bag for Bitcoin and all other cryptocurrencies. Cryptocurrency Market cap Recovers...Read More
Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed. Ethereum Investors Hodl And Accumulate The price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching...Read More
Top global assets closed the month of April in the green, with Bitcoin coming through as the best-performing asset of April. BTC was up roughly 34%, rising from the $6,400 range at the start of the month to just over $8,700 on the last day. The S&P 500 gained 12.7% while gold rallied by $6.7%...Read More
Asia has been called the ‘crypto-hub’ of the world for a long time now. Countries like Japan, Singapore, South Korea, and China have all recorded significant growth in the space over the past few year The post Will Asia’s tightening of crypto-regulations threaten its ‘crypto-hub’ position? appeared first on AMBCrypto. The post appeared first on...Read More
The latest positive price developments in the cryptocurrency scene have helped Bitcoin to reclaim its position as the best performing asset in 2020. BTC is currently beating the S&P 500 index, US 10 year treasury bonds, and even gold. BTC’s Recent Price Jump 2020 has been nothing but volatile for the cryptocurrency market. Looking at...Read More
Traders are ecstatic as the cryptocurrency markets finally recover from the recent crash of March 12 amid the novel Coronavirus (COVID-19) pandemic. At that time, Bitcoin (BTC) and the altcoins shredded all the profits they have amassed since the start of the year, leaving many in bearish sentiment. Altcoin Crashes Against BTC However, with the...Read More
When Bitcoin price surged as a Pre-Halving effect, the altcoins followed the trend. The Bitcoin SV on Wednesday opened at $208.31 and is currently trading at $220.48 (11.63%) high in 24 hours. Since the 4 days of trading were tight, ranging from 187.16 to $203.40, the buyers and sellers were not placing any big bets...Read More
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’ Many believe the cause behind the higher...Read More
The coronavirus hasn’t been all that beneficial to Bitcoin and other cryptocurrencies as of yet. After triggering an initial crash, returning to values prior to that event has proven to be virtually impossible. All financial markets have suffered due to the global coronavirus crisis. Will the Coronavirus Boost Bitcoin? Stocks have crashed hard and are...Read More
There have been several disturbing consequences to the global coronavirus crisis. One interesting aspect is how most, if not all of the cryptocurrency markets have recovered from the onslaught rather easily. During the initial stages of the coronavirus crisis, many markets suffered from volatility. Crypto Markets Recover During Coronavirus Crisis Albeit this is normal in...Read More
Mark Cuban, billionaire investor and owner of NBA’S Dallas Mavericks recently appeared on Anthony Pompliano’s The Pomp Podcast. Cuban previously claimed that he does not own any bitcoin and believes bananas are a better means of exchange than Bitcoin. However, it is a different story now. NBA’s Dallas Mavericks announced their partnership with Bitpay the...Read More
It is evident that recent decisions by central banks around the world – due to the coronavirus – will trigger major financial repercussions in the coming months. Tyler Winklevoss expects plenty of bullish Bitcoin momentum as a result. The coronavirus crisis has triggered an influx of capital by central banks. Tyler Winklevoss on the Coronavirus...Read More
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly check. This week, former U.S....Read More
Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years. Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers...Read More
Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter. At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time. Tether Do Not Inflate The Crypto Market Last...Read More
Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States. Ebang Files $100M IPO In The US The China-based firm has applied with the US Security and Exchange Commission (SEC), so it...Read More
Despite his short-term adverse views of Bitcoin’s price, Ross Ulbricht remains bullish in the long-term. In a recent post from the prison, he reiterated his last $1,200 price prediction, saying that this could be simply the start of a vast upwards movement, which could lead to $333m per one BTC. Bitcoin To $333 Million? As...Read More
The coronavirus crisis is a golden opportunity for cyber criminals looking to score a quick buck. In terms of Bitcoin email scams, it would appear that things are going from to worse in quick succession. There are always people looking to capitalize on global events, either for better or worse. Coronavirus Extortion Scams Continue The...Read More
Cryptocurrency prices are quite susceptible to news, according to a recent paper. While, somewhat unsurprisingly, adverse announcements lead to immediate sharp declines, the establishment of clear regulations tends to mark serious market gains. Crypto Reactions For News And Regulations The report compiled by the Federal Reserve Bank of Dallas initially questioned the efficiency of instituting...Read More
Bitcoin is reducing its correlation with the stock market, and is transitioning towards gold’s performance, a recent Bloomberg report claimed. Amid the current COVID-19 crisis, both assets will outperform equities and emerge as the most substantial gainers. Bitcoin To Join Gold The unexpected outbreak of the COVID-19 pandemic jolted world economies and financial markets. The...Read More
The start of 2020 hasn’t been overly promising for Bitcoin or other cryptocurrencies. However, it would appear that things are not all that bad, given the current circumstances. The Bitcoin price has seen ample turmoil throughout the first few months of 2020. Bitcoin Price Momentum Seems Promising Despite ample volatility, it would appear that the...Read More
Binance, the world’s leading cryptocurrency exchange, is going through a scheduled system upgrade tomorrow. As it’s the largest exchange in the market, this might open a window for external players to move the prices more easily. Binance To Undergo Scheduled Maintenance Binance is the world’s leading cryptocurrency exchange, and it is scheduled to undergo a...Read More
As the economic turmoil in Argentina continues to harm citizens and devaluate the peso, it appears that residents are turning to Bitcoin, instead. Recent data revealed that Argentinians are consistently increasing their purchases of the primary cryptocurrency. Argentinians Buy Bitcoin Argentinians are spending more and more pesos on buying Bitcoin, indicated new information provided by...Read More
