Learn How Trade Crypto
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 […]
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 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 […]
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 […]
Hotmine CEO Oles Slobodenyuk couldn’t have picked a better place to pitch his product: a bitcoin mining rig that doubles as a home heating appliance. Irkutsk, Eastern Siberia, is famously cold in the winter, when subzero temperatures are the norm. So a few weeks ago, when Slobodenyuk took the stage at the Baikal Blockchain and […]
Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. The cryptocurrency has historically performed well at times of heightened geopolitical tension. This is due to […]
Charlie Lee, the creator and founder of Litecoin (LTC), announced that he will be an advisor of HTC Exodus. At the same time, the new phone that is being developed by the company is also going to be supporting Litecoin as well. The information was released by Charlie Lee a few hours ago. Despite that, Litecoin is […]