Tag Archives: Bitcoin

Bakkt to Require $3.9K Down Payment on Bitcoin Futures Contracts

Bakkt to Require $3.9K Down Payment on Bitcoin Futures Contracts

Bakkt has officially revealed the initial deposits its customers will have to make to margin trade its bitcoin futures products. In a new notice posted Tuesday, ICE Futures U.S. – the actual futures exchange Bakkt’s contracts are trading on – announced the initial hedge and speculative requirements for customers, as well as its monthly rate add-ons. According to […]

Bitcoin Price Experiences Sharp Drop After Fed Chair Jerome Powell Threw Cold Water on Crypto in Zurich

Bitcoin Price Experiences Sharp Drop After Fed Chair Jerome Powell Threw Cold Water on Crypto in Zurich

Federal Reserve Chairman Jerome Powell said that the central bank is not considering the launch of its own cryptocurrency during a question-and-answer session in Zurich, Switzerland. If people are leaving their money in cybercurrency and leaving it there, they are not putting it in a bank. […] What happens to the intermediation process if everyone […]

Bitcoin Futures Trading At The CME Reach $370 Million In Daily Average Volume

Bitcoin Futures Trading At The CME Reach $370 Million In Daily Average Volume

The Chicago Mercantile Exchange (CME) is currently registering an average daily trading volume of $370 million in Bitcoin futures. This is according to the Managing Director of the CME Group, Tim McCourt. This represents an increase of 132% compared to the same period last year. BTC Futures Daily Volume At The CME Expanded 132% The CME is […]

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]

Crypto Market Sees Red as Bitcoin Price Drops $600 in 30 Minutes

Crypto Market Sees Red as Bitcoin Price Drops $600 in 30 Minutes

Bitcoin’s price slid more than $600 in 30 minutes, falling back below $10,000 on Wednesday. Beginning at 17:50 UTC and lasting until 18:20 UTC, BTC witnessed a large pullback from $10,200 to $9,600, followed by a small bounce near $9,740, providing temporary support. Bitcoin opened the day at just under $10,200. Over the trading day, […]

The five most important dates for Bitcoin until 2020

The five most important dates for Bitcoin until 2020

The crypto industry is gearing up for an event-packed few months. From the resolution of the New York Attorney General’s injunction against Bitfinex and Tether to the final decisions of the long-awaited cryptocurrency ETFs, here’s a list of some of the most relevant dates in the crypto industry to keep an eye on. Aug. 22: New York Attorney General’s […]

Weekly Bitcoin Price Indicator Shows ‘Bear Cross’ in First Since February

Weekly Bitcoin Price Indicator Shows ‘Bear Cross’ in First Since February

A widely-tracked trend-following bitcoin (BTC) price indicator is flashing a sell signal for the first time since February. The weekly moving average convergence divergence (MACD) histogram, which is used to identify trend reversals and trend strength, has crossed below zero and is currently printing a value of -25.13. That is the first negative value since the […]