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Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year
12.3.2020
Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on –...
USDZ Capital Group Launches USDZ Stablecoin
4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...
Record Breaking Interest – Observing the Predictive Power of Bitcoin Futures Over BTC Spot Prices
29.2.2020
Bitcoin futures providers have been seeing a lot of action during the last two weeks as cryptocurrency markets have been extremely volatile. Data shows there’s been significant open interest on both retail and institutional bitcoin derivatives exchanges and Skew research noted bitcoin options...
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
28.2.2020
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain...
Oil Prices Are Now More Volatile Than Bitcoin
20.2.2020
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset
Stellar Trades Moderately Bullish with a Volatile Touch
29.1.2020
Stellar tries to regain momentum as it trades at $0.0618 on Coinbase The price of XLM is so far supported by the 50-day MA that is lying around $0.0508 The gradual lower high formed in January intersected the 200-day MA on the daily chart The MACD turns bearish as the coin loses the drill after...
Cardano Hits a Fresh 30-day High at $0.043, Trades Moderately Volatile
16.1.2020
Cardano (ADA), at the time of writing this analysis, was trading at $0.0409. Remarkably, the coin has hit a fresh 30-day high at $0.0439 after bottoming out at $0.0304 in the previous month. This intraday boost has given a push to the trading volume and market cap figures of ADA as well. This steep...
Stablecoins Are Crypto’s Version of Fractional Reserve Banking
6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
Verge (XVG) Exhibits Volatile Movement Over the Last 24 Hours
16.12.2019
Verge News Today The top player of the crypto market, like Bitcoin, is currently trading at $7,000, whereas during the second quarter, the BTC price was spotted at $13,700. Verge cryptocurrency is currently perplexed by the market scenario, and hence, exhibiting a fluctuating move. The XVG coin...
Stellar (XLM) Witnesses a Volatile Day; Hustles to Resume the Rebound
29.11.2019
XLM seems to have a support level at $0.0575, shows an upward movement Yesterday’s bullish trendline has been breached with a sharp price drop on the same day The coin struggling to trade above $0.058 despite volatility Technical indicators appear positive except for the SMA lines Stellar has been...
Litecoin (LTC) Triggers the Volatile Spell; Likely to Kick-Start Rebound
25.11.2019
LTC price has recently started an upward journey and is facing rejection above $46 Technical indicators are heading towards a bullish phase while the coin is approaching support level near $45 Litecoin has recently cleared the price barriers near $44, currently pulling back As Bitcoin has already...
Verge (XVG) Exhibits Astounding Uptrend Amidst Volatile Market
15.11.2019
Verge price upsurge rallies by 35% The sudden uptrend astounds the intraday traders The crypto market has been trading with high volatility for a long time. The traders in the market are waiting for the upsurge to embark soon and lift the volatility. Due to the ongoing fluctuation, the big forces...
Bitcoin Cash Difficulty Volatile Ahead of Nov. 15 Hard Fork
15.11.2019
Miners might be playing games with Bitcoin Cash as speculation about intentional manipulation of its difficulty adjustment algorithm is addressed in the community
Stellar Shows Stagnant Growth; While Ripple Remains Mildly Volatile
9.11.2019
Stellar played a well-thought game, keeping in mind the Economical concept of ‘demand, supply, and price.’ Therefore, earlier this week, XLM price soared to trade around $0.088 from $0.064 and $0.068. However, currently, it seems to return and consolidate around the price area from where it grew....
Ethereum Remains Stable but Volatile; While EOS Holds Determined Trade Above $3
5.11.2019
Ethereum proves to be incompetent as it is trading below $190 from quite some time now On the other hand, EOS has been persistently trading above $3 since October 26, 2019, till date EOS price trend forms a wavy pattern while Ethereum holds a stable run Ethereum, the ‘king of altcoins,’ has been...
Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past
31.10.2019
Canadians have been pushing for crypto adoption since 2013 — and now, the Canadian Government is leading working groups at home and in the international community
NEM Registers Volatile Movement; Its Price Drops to $0.045
19.9.2019
NEM is spotted dropping, since the morning. However, yesterday, the coin was touching astounding counters. It is speculated that the current drop in the market is due to the selling pressure, which would soon be lifted. The altcoins would again be seen shining in a short while. NEM has registered...
Ethereum Classic Price Analysis: Ethereum Classic (ETC) Price Exhibits A Volatile Yet Positive Outlook
12.8.2019
Ethereum Classic (ETC) indicates price escalation. The movement could be volatile, but the result is flourishing. Ethereum Classic (ETC) price has always been fluctuating. The currency is expected to keep the price up. The traders who have invested in the coin are familiar with the adventure which...
Bitcoin Price Analysis: BTC Trend Appears Volatile, Trades below $12,000
9.8.2019
Bitcoin price touches $12,000 and beyond in intervals. Or otherwise, BTC trades below $12,000, near its major support level of $11,800. Also, trades below $11,500, but currently correcting upwards. Bitcoin (BTC), after having a noteworthy stride in the past week, is currently facing a price...