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Despite Stock Market Disaster Predictions, Bitcoin Markets Permeate Bullish Signals
24.7.2020
A number of Wall Street veterans like Bear Traps Report author, Larry McDonald, think that markets might see some “disastrous and unimaginable” impacts in the near future. Another seasoned analyst, Larry Williams, believes the S&P 500 will shudder after July 28. Despite the pending...
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
24.7.2020
While many institutions struggled to recover from the market downturn experienced in March, publicly traded, blockchain focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285% in Q2 2020, through well timed investments in both Bitcoin (BTC) and Ethereum (ETH), and crossed the...
Ethereum Options Traders Jump the Gun as ETH Price Soars to $280
24.7.2020
Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%?
Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months
24.7.2020
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level...
Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B
23.7.2020
Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)
Binance Enters German Market via Partnership With Crypto Investment Firm
23.7.2020
Binance has partnered with licensed German investment firm CM-Equity to offer crypto asset management and brokerage services in Germany and Europe
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
Bitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected
23.7.2020
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level?
Is Bitcoin Price Really Influenced by the Grayscale GBTC Premium?
22.7.2020
Traders view the premium on Grayscale Investments GBTC shares as a bullish sign, so does the recent drop to a 20-month low mean a correction is coming?
Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
22.7.2020
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars
Tether Jumps to $10 Billion Market Capitalization
22.7.2020
Tether has reached $10 billion in market capitalization as growth in 2020 picked up
Litecoin Lists on OTC Market but Faces String Resistance at $45.5
22.7.2020
Grayscale— a leader in digital currency asset management of public and private funds, has received FINRA consent with respect to Bitcoin Cash Trust and Litecoin Trust for public quotations on OTC Market Group. The two are listed under the symbol $BCHG and $LTCN. The diversified exposure will lead...
Market Wrap: Bitcoin Briefly Pops Above $9,400 as Global Stocks Rally
21.7.2020
Bitcoin broke through $9,400 as stock indices around the world make gains
Bitcoin Volatility Hits 2018 Lows but Is a Repeat 42% Drop Possible?
21.7.2020
Traders remain cautious as Bitcoin’s current lack of volatility is similar to November 2018 when low trading volume resulted in a 42% drop
marketstack: A Market Data API
21.7.2020
(This is a sponsored post.)
I like the apilayer company tagline: “Automate What Should Be Automated.” They have this thick suite of products that are all APIs with clear documentation. They all have usable free tiers to develop against and prove out an idea, and then paid plans if...
Bitcoin Price Holds Key Support and Is on the Verge of Testing $10,000
21.7.2020
Bitcoin price finally made a move — to the upside — as the door is now open to test the crucial $10,000 BTC price level
Bitcoin Rises With Stocks as EU Agrees €750B in Coronavirus Stimulus
21.7.2020
Bitcoin edged higher on Tuesday as stock markets cheered the EU's decision to approve a landmark coronavirus recovery fund
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....