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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
The post A Crypto Trader’s View on Managing Risk appeared first on CoinMarketCap Blog
Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
10.5.2020
Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens
Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual...
3 Reasons Some Top Traders Expect Bitcoin Price to Hit $15K in Q3 2020
8.5.2020
Bitcoin price completed a V-shape recovery to $10,000 as crypto traders expect it to reach $15,000 in Q3 2020
A Trader’s View on the Bitcoin Halving and Coronavirus
5.5.2020
The last time the block reward for Bitcoin mining was halved was in July 2016. Since then, the crypto marketsContinue Reading
The post A Trader’s View on the Bitcoin Halving and Coronavirus appeared first on CoinMarketCap Blog
12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish
2.5.2020
According to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin...