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Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700?
20.6.2020
Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
20.6.2020
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported...
Most Bitcoin Traders are Retail, But Pros Dominate the Market - Report
19.6.2020
Although the bitcoin (BTC) market has grown to include a huge number of smaller retail traders, the markets where bitcoin prices are actually determined are still dominated by a small number of “professional traders,” a new report from crypto analysis firm Chainalysis said. These professionals...
Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
18.6.2020
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well...
Bitcoin Price at Pivotal Point, Crypto Traders Divided Over BTC Short-Term Future
18.6.2020
The price of Bitcoin is now at a pivotal point after a 45-day range period, as crypto traders see both strong bearish and bullish scenarios
Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming
15.6.2020
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards
5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown
15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...
After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000
15.6.2020
Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
Bitcoin Price to Hit $12K or $8K Next? BTC Traders Discuss Macro Signs
11.6.2020
Traders discuss if the price of Bitcoin is headed to $12,000 or to $8,000 next by looking at key macro indicators
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...
Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts
9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...
Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions
8.6.2020
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets
Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K
3.6.2020
The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go
Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says
2.6.2020
Bitcoin's recent price dive may have been nothing more than the result of standard trading activities
Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin Surges Then Plunges
2.6.2020
Bitcoin’s jump up and right back down is at least partially due to the crypto derivatives markets
Feel Hard to Trade on BitMEX? Bexplus is an Alternative for Beginners & Pro Traders
30.5.2020
BitMEX, the Hong Kong-based crypto exchange, is the first platform that provided 100x leverage perpetual contracts in the cryptocurrency industry. However, it shut down to U.S. citizens, as well as UK traders early this year. In addition, it often shows constant overloads and cannot be stably...
First Mover: Bitcoin Rally Shows Traders Don’t Care That Goldman Hates Their Asset Class
29.5.2020
Traders can also gloat over how much better bitcoin is performing in 2020 than Goldman Sachs shares
Revolut App Reports 68% Increase in Retail Crypto Traders
28.5.2020
Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered