Learn How Trade Crypto
During the crypto hype bubble that rocketed Bitcoin and Ethereum into the public eye, making them household names and causing their values to reach all-time highs, the surge in prices was accompanied by a surge in search interest of people scrambling to find out what all the fuss was about, and to learn more about the emerging […]
“HODLing” has returned to a major milestone: The total number of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark. About 10.7 million bitcoins haven’t moved in more than 12 months, according to Digital Assets Data, a fintech company building crypto data feeds. Considering the total number of […]
Crypto lending startup BlockFi now supports litecoin and dollar-backed stablecoin USD Coin (USDC) on its platform, enabling users to earn interest on, trade and receive loans backed by the assets. The initial annual percentage yield on the assets will be 8.6 percent for USDC and 3.78 percent for litecoin. In 2020, the company aims to […]
Bitcoin’s price dropped to a six-month low on Friday, with a widely tracked technical indicator reporting the strongest bearish bias in eight months. The number one cryptocurrency by market value fell to $7,009 on Bitstamp at 10:05 UTC – the lowest level since May 17 – erasing the entire rally from $7,293 to $10,350 in […]
This is quite an abstract theory, but the idea that Bitcoin could eventually overtake traditional gold as an investment is one that gets investors very excited. This is simply because in a world where Bitcoin is more valuable than gold, two things could happen. Firstly, their own investments get bigger, better and more valuable which in turn […]
Bitcoin’s low volatility consolidation has ended with a violent drop beyond four-month lows near $7,500. The premier cryptocurrency fell by $500 in just 15 minutes at 12:50 UTC to hit a low of $7,500 – the lowest level since June 10, according to Bitstamp data. It is currently hovering at that price. The global average price, as […]
Bitcoin’s latest bout of consolidation may end up with bullish breakout, as a key metric of miner confidence has hit all-time highs. The top cryptocurrency by market value has clocked lower daily highs and higher daily lows over the last three days and is currently trading at $10,300 on Bitstamp, little changed on a 24-hour […]
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 […]
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 […]
Bitcoin (BTC) has finally declined below the descending triangle. The bears have triumphed over the bulls and we saw BTC/USD crash almost 10% within 24 hours. This is a very bearish development and the fact that the descending triangle has been broken to the downside means that further downside might be in the offing long term. However, short […]