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Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes
24.10.2019
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...
Data Shows Institutional Interest in Bitcoin Has Diminished
5.10.2019
Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Mystery Behind Sudden Spike in ‘BTC’ Searches Tied to Hurricane Dorian
6.9.2019
Between Aug. 29 and Aug. 31, BTC searches worldwide suddenly catapulted from a value of 2 to the maximal level of search interest, denoted by a value of 100
Ethereum Pulls Back Below $175, While Bitcoin Retains the Spike With a Few Bumps
5.9.2019
Ethereum enfeebles and trades below $175 after failing to persistently settle beyond $180. ETH price currently trades around $174 after having breached $180 once in the past 24 hours. The steep break at the end of the downtrend took the coin to trade around $175. On the contrary, BTC/USD still...
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
Ripple Price Analysis: A Single Spike Pushed XRP Above $0.30, Consolidates There
12.8.2019
Ripple price climbed above $0.30 in the later part of yesterday, currently battling with barriers above $0.3020 XRP is above its 5-day SMA of $0.3013, though it still carries a selling pressure Ripple has formed a decent support level near $0.29, the coin has traced a bullish trendline, while...
BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress
10.8.2019
The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses....
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Ripple Price Analysis: XRP Eyes $0.47 Price Mark to Strike Higher Price Spike
25.6.2019
Yesterday, XRP went as high as $0.47 but has been ranging between $0.46 to $0.47 today In the 7-hour chart of XRP, the MACD for XRP appears bullish Today morning’s price plunge has trimmed yesterday’s price gains made by XRP. Yesterday, XRP marked its closing price at $0.4700, and today...
Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
20.6.2019
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...
Ripple Price Analysis: XRP Again Goes Bearish After the Notable Price Spike
7.6.2019
Ripple still goes bearish The 5-day chart of XRP indicates a downturn in price RSI for XRP/USD is between 40 to 50 In the last 5 days, Ripple has decreased to 2.32%. After strongly bearish impact, yesterday XRP saw a notable rise in its price after it jumped with a price spike reaching as high...
Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper
30.5.2019
The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing...
Zcash Price Analysis: After Getting Delisted From BitOasis, Zcash (ZEC) Will Not Spike Up
29.5.2019
ZEC has recently got delisted from BitOasis, and according to its fan followers or users on Twitter, this news of getting delisted was not informed earlier and that it was a sudden thing. On top of that, ZEC has not been in good news regarding forming new partnerships which other altcoins...
South Korea Convenes Pan-Governmental Meeting Amid Concern Over Crypto Market Spike
28.5.2019
A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s crypto space amid the recent sharp uptick in crypto valuations
Stellar (XLM) Price Analysis: XLM Is Lacking Sufficient Support Resistance To Spike Up Higher
24.5.2019
The XLM charts show that its long-term trend is bearish, although intermediate bullish lines will be noticed. Frequent ups and downs now impact it due to the erratic and turbulent nature of BTC and the intense, volatile market. The moving averages of XLM are all ordered in a descending trajectory....
VeChain (VET) Price Analysis: Is VET Trying To Hold On To Its Previous Support Zone Or Is It Showing Some Possibility To Spike Up?
20.5.2019
The price range of VET in the price chart is indicating that somehow it is succumbing to its previous support resistances. According to majority crypto analysts, VET is somewhat trying to stay close to its previous support zones before spiking up this year. Till now, it has not performed remarkably...
Verge (XVG) Price Analysis: Crypto Analysts Claimed That Verge Can Possibly See a New Spike Soon Due To Its Ample Partnerships
14.5.2019
XVG has been in the headline for its efficient and effective partnerships that it is making daily and due to which it has not only incredibly enhanced its value but has also paved a great foundation for more attractive future developments. Its current partnership with Trust.Zone.VPN has provided...