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Market Wrap: Bitcoin Hits $11.8K; Ethereum Gas at All-Time High
24.8.2020
Many bitcoin stakeholders expect a weak market this week to cap August while DeFi continues to stretch Ethereum’s network
Swipe (SXP) bounces after 54% crash — is $7 now a realistic target?
24.8.2020
Swipe (SXP) has been seeing wild swings in price this month but a period of consolidation appears likely before the next big move
First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
24.8.2020
Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included
Crypto Market Sentiment Drops Out of Positive Zone; Litecoin Wins the Week
24.8.2020
Though its fall in the past seven days is relatively low, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped out of the positive zone, and is now sitting at its verge. Per crypto market sentiment analysis service...
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
Istanbul or ‘Coinstantinople’? Inside Turkey’s Bitcoin Bull Market
24.8.2020
The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end
Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
24.8.2020
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports...
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack
23.8.2020
According to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular...
Why Are Traditional Investors So Hungry for Yield Curve Control?
23.8.2020
When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily
Bitcoin Price Risks Dropping Below $10,000 if This Support Level Fails
22.8.2020
The price of Bitcoin is at risk of falling below $10,000 if a crucial support level fails to hold
Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year
21.8.2020
Bitcoin’s price is trending down while ether options traders expect bearish moves to come
Bitcoin Options Open Interest Reaches $2B — Should BTC Traders Worry?
21.8.2020
Open interest on Bitcoin options reached $2 billion but should traders be worried that the majority of August options appear worthless?
Tesla Stock Breaks $2K as High-Risk Tech Asset Sees Bitcoin Comparison
21.8.2020
Comparisons are being made between Bitcoin and Tesla as prices soar in 2020, but BTC has a ways to go to reach TSLA
Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH
21.8.2020
Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. At the time of writing, the highest bid stood at 13.26 ethereum, or about $5,400, with a day to go before the sale ends....
Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’
21.8.2020
Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply
Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August
20.8.2020
Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps
Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows
20.8.2020
Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K
First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
20.8.2020
Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street
New Crypto Market AI Prediction System Wants To Automate Crypto Trades
20.8.2020
U.S. financial services business Capital One has developed a new system to predict crypto market trends with the use of artificial intelligence (AI), contributing to the company’s trading activities. To safeguard the intellectual property of the solution designed to make crypto trades more rooted...
NSA Whistleblower Edward Snowden Was Paid $35k to Discuss Bitcoin
19.8.2020
The notorious NSA whistleblower, Edward Snowden, was paid to discuss bitcoin and other digital assets at virtual conferences, according to a new court filing called “Edward Snowden Speaking Engagements 2015-2020.” Snowden has always been a supporter of digital currencies and during...