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Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels
27.5.2020
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday
After BTC Visits $8.6K, Crypto Traders Predict Bitcoin Price’s Next Stop
27.5.2020
The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear
Challenges That Traders Face While Changing Their Crypto Exchange
27.5.2020
Cryptocurrency trading presents an attractive opportunity for investment. Just like the investors keep on putting their money in the equity markets, we are now witnessing the traction of investors towards cryptocurrency exchanges. Take, for instance, the rising popularity of the-bitcoin-profit.com...
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls
26.5.2020
Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders
26.5.2020
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business
Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K
22.5.2020
The price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed
Market Wrap: Traders ‘Buy the Dip’ as Bitcoin Hovers at $9,000
21.5.2020
Bitcoin fell for a second day as sentiment grew bearish, though some traders say they’ll buy the dip
New Russian Law ‘Could Hit Illegal Crypto Traders with 7-yr Jail Terms’
21.5.2020
The State Duma, the Russian parliament, is reportedly set to vote on new legislation that would propose to make illegal crypto trading a criminal offense that would be punishable with jail time.
Per RBC, Telegram users in Russia say that they have seen draft amendments to two Russian laws that...
Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
20.5.2020
During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that gives users exposure to the inverse or -1x the daily performance...
CME Traders Prefer Cash-Settled Bitcoin Products
19.5.2020
CME customers would rather trade cash-backed Bitcoin products at present
Crypto Traders Explain Where Bitcoin Price Can Go After Fifth $10K Test in 11 Days
19.5.2020
The price of Bitcoin continues to reject the $10,000 resistance level, crypto traders explain where BTC is headed next
Crypto Traders Are Longing ETH (And Not Much Else)
17.5.2020
ETH/USD continue to post record highs while other leading cryptos have struggled to attract bulls since the Black Thursday crash
S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio
17.5.2020
In mid-April, news.Bitcoin.com researched the popular stock-to-flow (S2F), which shows the price of a single bitcoin reaching $55K and even six figures. At the time, analysts questioned measuring bitcoin’s price in this manner and more recently, a few others have been criticizing the method...
Classic Trendline Breakout Sets Bitcoin for $10K Retest, Traders Say
16.5.2020
Crypto analysts believe Bitcoin price is set for a near-term rally as a key technical pattern points toward $9,800
IRS Solicits Contractors to Help Examine Crypto Traders’ Tax Returns
13.5.2020
The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency."
Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin
12.5.2020
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data
Top Crypto Traders Predict Bitcoin Price Direction After BTC Halving
11.5.2020
Bitcoin’s price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next
A Crypto Trader’s View on Managing Risk
11.5.2020
As we all know, cryptocurrency is the most volatile market in the world, at least for the last few years.Continue Reading
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