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Crypto Market Sentiment is Back Up; Bitcoin, Ether in the Positive Zone


Source: iStock/da-kuk The market sentiment looks improved today compared to seven days ago. Following a small drop to 5.2/10 last week, the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins surpassed its highest level in the past five weeks - that of 5.27 from...

Bitcoin Soars to Its Highest Level Since Crashing in March


Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...

BitMEX Offers ‘Quanto’ Ethereum Product in a Bid to Regain Market Share


Arthur Hayes, Co-founder and CEO of BitMEX. Following a downturn in trading volumes after the coronavirus-triggered market panic in March liquidated a massive amount of trades on crypto derivatives platform BitMEX, the exchange is again looking to capture market share by offering a new product...

Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report


Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by...

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