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Bitcoin News Roundup for June 25, 2020
25.6.2020
Bitcoin options have a big day coming up, NYC born rapper Ja Rule teams up with Ethereum-based Roll and more in this edition of Markets Daily, from CoinDesk
Tone Vays: Bitcoin Price Won’t Leave $6K-$10K Range Until 2021
25.6.2020
The S&P 500 is in danger of a major crash in the event of a daily close below 3,000 points, warns Tone Vays as data shows Bitcoin is 95% correlated
First Mover: What’s Going on with Bitcoin Derivatives?
25.6.2020
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent
Bitcoin Still On Track for Quarterly Gains After Drop Toward $9K
25.6.2020
Bitcoin looks set to end its three-quarter losing run despite having dropped to $9,000 earlier on Thursday
Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Opening Bear Cycle
25.6.2020
Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms...
4 Reasons Bitcoin Price Suddenly Slid Below $9K, Liquidating $55M
25.6.2020
The price of Bitcoin dropped below $9,000 as several factors put pressure on BTC/USD, including correlation with global stock markets
3 Indicators Show Traders Are Bullish on Friday’s Bitcoin Futures Expiry
25.6.2020
The longer-term Bitcoin futures contracts premium has consistently increased alongside top traders net exposure, signaling bullish sentiment for Friday’s expiry
Wells Fargo Expects a Stock Market Sell-Off — Bitcoin Price to Follow?
24.6.2020
Wells Fargo warned that stocks could sell-off after an amazing recovery, meaning Bitcoin price is also possibly at risk of a sharp correction
Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K
24.6.2020
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook
Bull vs. Bear: Who Has the Economy Right?
24.6.2020
From markets to real estate to the dollar to retail, the data on whether the market is recovering or not is hella confused
How to Spot a Crypto Scam
24.6.2020
Another scammer is impersonating the CoinDesk website and offering impossible investment returns. We did some digging
Price Analysis 6/24: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO
24.6.2020
A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days
Bitcoin Options Market Faces Record $1 Billion Expiry on Friday
24.6.2020
The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday
Bitcoin News Roundup for June 24, 2020
24.6.2020
With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup
FTX Is Building Lots of Sophisticated Markets Few Traders Use
24.6.2020
FTX has launched eight unique index futures and volatility markets in less than 12 months. But few traders use these markets
Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency
24.6.2020
Bitcoin is often criticized for its volatility – now analysts are saying that, and more, about the pound sterling
First Mover: Bitcoin’s Recent Stability May Come from a Fleeting Correlation With Equities
24.6.2020
Bitcoin is often likened to digital gold, but some analysts say the more compelling correlation is with the stock market
Veteran Commodities Trader Chris Hehmeyer Goes All In on Crypto
24.6.2020
Hehmeyer Trading is ditching its non-crypto businesses to focus solely on being a market maker in a space its founder, longtime trader Chris Hehmeyer, calls "liberating."
Miners Are Sending Bitcoins to Exchanges Again – and That May Be Bearish
24.6.2020
A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst
Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High
24.6.2020
Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price?