The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Traders Seek Safety in SushiSwap (SUSHI) as Crypto…
An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than…
USDT-settled futures contracts are gaining popularity, here’s why
When BitMEX launched its Bitcoin (BTC) perpetual futures market in 2016, it created a new paradigm for cryptocurrency traders. Although this was not the first platform to offer BTC-settled inverse swaps, BitMEX brought usability and…
Elon Musk Shoots Down Crypto Wallet App Freewallet…
An attempt to capitalize on the ongoing hype around Dogecoin has backfired for the crypto wallet app Freewallet after it was called out online in a tweet from Elon Musk. Musk Proclaims ‘Your app sucks,’…
BNB Hits Another Record Level as Binance Invests…
An ongoing bull run in the Binance market saw its native token BNB achieving another record high level on Tuesday. The BNB/USD exchange rate rose by up to 23.77 percent to touch $99 for the…
Bitcoins Twitter-volume spikes to new all-time highs on…
Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk. Speaking to Cointelegraph, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there…
Cordoba Becomes the First Argentinean Province to Impose…
In Argentina, a provincial legislature has voted in favor of a bill to impose new taxes on gross incomes from crypto transactions. Cordoba’s central province is now the first one to impose crypto taxes in…
Bitcoin Investment In 2021: What Should We Expect?
The bitcoin price has surged about 300 percent over the last 12 months thanks to mainstream adoption and institutional interest. It has rallied massively to surpassing all-time highs of $41,000. At the time of this…
Band, Loopring (LRC) and Cream secure a slice…
The U.S. dollar lost about 7% of its value in 2020, while Bitcoin rallied about 300% during the same period. As Bitcoin’s institutional adoption increases, United States companies may start to diversify their treasury with other…
XRP Displaces Polkadot Token After Price Soars 100%…
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that…
85% Dogecoin rally shows Wall Street Bets aren’t…
After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum…
Whales And Miners Face Off Against Elon Musk…
Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio…
Institutional frenzy continues as CME Bitcoin trades at…
After a surprise rally fueled by an update to Elon Musk’s Twitter biography, demand for Bitcoin (BTC) appears to be particularly strong in professional trading circles. According to TradingView data, the ticker BTC1!, which represents…
Robinhood Reminder: Not Your Keys, Not Your Bitcoin
Today’s biggest news isn’t about Bitcoin, but because the cryptocurrency and others trade on the platform at the center of the scandal, it is a wake up call for investors. Robinhood today halted trading of…
Top 5 cryptocurrencies to watch this week: BTC,…
As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC's correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price…
Bitcoin chases new high as analyst says ‘smart…
The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14. Daily cryptocurrency market performance. Source: Coin360Bitcoin price rallied to $40,099…
UK’s FCA crypto derivatives ban may push retail…
It has stated a variety of reasons for why the products cannot be “reliably valued” by retail consumers, such as financial crime, volatility and an inadequate understanding of crypto assets being the main ones. It…
Don’t Sell Your Bitcoin and Ethereum on RSI…
A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude…
Bitcoin Hits Record Levels Above $41K; Massive Corrections…
Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. The benchmark cryptocurrency soared above $41,000 for the first time since its inception, hitting…
Price analysis 1/4: BTC, ETH, XRP, LTC, DOT,…
Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of…
High volume surge propels Bitcoin price to a…
Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to…
Bitcoin Derivatives Demand in 2021: Industry Insiders Predict
When Bitcoin is cautiously approaching the $25,000 mark, the derivatives market remains bullish on the digital currency. More and more professional investors are betting on the future prices of cryptocurrencies, and the platforms offering crypto…
Lured in by good news, traders push THETA,…
Institutional investors usually look for liquid assets to buy as they trade in large quantities. Due to this limitation, they tend to stick to Bitcoin (BTC) or a few major altcoins with large market capitalizations.…
Price analysis 12/23: BTC, ETH, XRP, LTC, BCH,…
The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is…
Bitcoin’s Support Sits at $19,500 but It Remains…
Bitcoin has faced some intense selling pressure following its recent rally past $24,000, but bulls were able to thwart it from seeing any intense selloff as its price navigates back up to this key level.…
4 key Bitcoin price metrics explain why investors…
As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals…
Top 5 cryptocurrencies to watch this week: BTC,…
December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth…
Bitcoin Whales Buy Low, Sell High; Retail Investors…
Newly released data from crypto exchange OKEx gives one possible explanation of how larger holders of bitcoin – or “whales” – were able to influence prices as bitcoin rallied to a new all-time high in…
Bitcoin Whales Buy High, Sell Low; Retail Investors…
Newly released data from crypto exchange OKEx gives one possible explanation of how larger holders of bitcoin – or “whales” – were able to influence prices as bitcoin rallied to a new all-time high in…
JP Morgan Analysts Explain Why Bitcoin Price is…
Bitcoin has plunged by almost 9 percent after establishing its new record high near $20,000 last week. And a team of quantitative strategists at JP Morgan & Chase believes that gold is behind the flagship…
3 key metrics to watch as Bitcoin price…
For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is…
Ripple’s XRP sees explosive 1,151% trading volume spike…
XRP saw a month-on-month 1,151% surge in trading activity in November on the eToro investment trading platform, according to the company’s latest report. This comes as the XRP price rallied to $0.92 on Coinbase at its…
Missed the Bitcoin Rally? Here’s a Low-Risk Strategy…
Bitcoin has come a long way since bottoming out below $4,000 in March. The cryptocurrency clocked a record high above $19,900 early Tuesday and is up nearly 170% this year. While institutional participation has increased,…
CME overtakes OKEx as largest Bitcoin futures market
CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken…
Price analysis 11/25: BTC, ETH, XRP, BCH, LINK,…
The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical…
Bitcoin price hits $18K but traders expect ‘shallow’…
Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly…
Price analysis 11/13: BTC, ETH, XRP, LINK, BCH,…
Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional…
Bitcoin price reclaims $15.5K after whales sell the…
The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In the past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.…
Whales Flip Long on Bitcoin While Retail Remains…
Bitcoin has been flashing signs of strength today as it rebounds from an intense selloff seen yesterday. Its reaction to this dip proves that this is a firm bull market, as each bout of selling…
Former BitFinex Whale Expects Bitcoin Dump as Price…
Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days. Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com Bitcoin…
Top 5 cryptocurrencies to watch this week: BTC,…
Data from Skew shows Bitcoin’s (BTC) spot volume on LMAX Digital, an exchange that mainly caters to institutions, has overtaken retail-oriented exchanges. This signals that institutional investors could be building up positions as they expect…
Market Wrap: Bitcoin Slips to $11.2K; Uniswap Flows…
Bitcoin is trending downward while ether transaction activity is showing Uniswap’s influence on the market. Bitcoin (BTC) trading around $11,359 as of 20:00 UTC (4 p.m. ET). Slipping 0.38% over the previous 24 hours. Bitcoin’s…
First Mover: Bitcoin’s Best Week Since July Shows…
Not everyone is happy with the U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies, and there’s an argument to be made that the agency’s rationale was hollow. But the ban is likely…
First Mover: Bitcoin’s Best Week Since July Shows…
Not everyone is happy with the U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies, and there’s an argument to be made that the agency’s rationale was hollow. But the ban is likely…
Price analysis 10/7: BTC, ETH, XRP, BCH, BNB,…
Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. With the…
Price analysis 9/30: BTC, ETH, XRP, BCH, BNB,…
According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means…
Bitcoin, Tesla and avocados: millennial traders are saying…
Between Sep. 9 and 16, the price of Bitcoin (BTC) rose by over 11%. Similarly, in the same period, Tesla stock (TSLA) surged from $330.21 to $449.76, by 36.2%. Millennials love TSLA stock and Bitcoin…
Price analysis 9/14: BTC, ETH, XRP, BNB, DOT,…
Most retail traders find it difficult to go against the herd and buy when the market is down. They generally wait for the price to recover and for improvements in sentiment before jumping in. By…
The Number of Bitcoin “Wholecoiners” Just Hit a…
Bitcoin investors have been accumulating the digital asset at a rapid pace throughout the past several days and weeks, with the cryptocurrency seeing massive inflows of capital in August while its price remained somewhat stagnant…
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH,…
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that…
Korean Police Seize Crypto Exchange Coinbit Over Allegations…
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News,…
Crypto Exchange FTX Buys Blockfolio for $150 Million…
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of…
Price analysis 8/24: BTC, ETH, XRP, BCH, LINK,…
The coronavirus pandemic has forced people to change several social behavioral habits. Along with maintaining social distance from one another, people are also averse to using notes, coins or cards as they might transmit COVID-19. …
Bitcoin Bull Market Things? 3 Factors Suggest More…
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report…
Bitcoin Bull Market Things? Top Exchange Volume Soars…
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report…
Retail Investors are Flooding into Bitcoin as Likelihood…
Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting…
Institutional Traders on the CME are Still Bearish…
Bitcoin has been caught within the throes of a firm and unwavering bull trend throughout the past few weeks. After hovering within the lower-$9,000 region for over a month, the crypto’s breakout rally sent it…
Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV,…
Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should…
Bitcoin Options Data Shows Investors Betting on $50K…
Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could…
Here’s Why the Chinese Stock Market’s Rally Might…
The Chinese stock market has found itself caught within the throes of a fresh bull market, and it could create a tailwind that lifts Bitcoin. After facing the dire implications of the ongoing pandemic that…
First Mover: Crypto.com’s Chain Token Dominated Markets in…
Credit-card lender and wallet provider Crypto.com’s Chain (CRO) token surged 33% in June, dominating digital-asset markets as bitcoin, ether and XRP from Ripple all declined. The CRO token’s gains made it the top performer during…
Key Data Points at Institutional Traders Offloading Bitcoin…
Data on Bitcoin futures from the Chicago Mercantile Exchange (CME), on the Commitments of Traders (CoT), shows a sharp decline in aggregate holdings by institutional traders for June. Bitcoin price with open interest on CME.…
Experts Debate Bitcoin Price Volatility as $675M in…
On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a…
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority…
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.…
3 Ways Bitcoin Traders Can Spot and Avoid…
Unlike traditional financial markets, crypto exchanges are largely unregulated, and virtually every Bitcoin (BTC) and crypto trader is familiar with various stories detailing the degree to which certain aspects of crypto market price action is…
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority…
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.…
11.4M Bitcoin Held As Long Term Investment
According to Chainalysis, the vast majority of Bitcoin (BTC) is held as long term investment, with 60% held by licensed custodians. Breakdown of Bitcoin supply. Source: Chainalysis. Digital gold The company concluded that the breakdown…
11.4 M Bitcoin Held As Long Term Investment
According to Chainalysis, the vast majority of Bitcoin (BTC) is held as long term investment, with 60% held by licensed custodians. Breakdown of Bitcoin supply. Source: Chainalysis. Digital gold The company concluded that the breakdown…
Hedge Funds, Retail Investors Bought the Dip —…
According to Kraken crypto exchange CEO Jesse Powell, there has been a massive influx of new accounts from all types of investors. The trend coincides with Bitcoin’s (BTC) strong recovery from $3,600 to over $9,000.…
BTC Investors Bullish Even as Bitcoin Price Is…
Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset…
$930M in Bitcoin Options Expire Next Friday —…
Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry…
Tesla Stock Soars Above $1,000, Surpassing Bitcoin’s Market…
Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.…
Price Analysis 6/3: BTC, ETH, XRP, BCH, BSV,…
Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look…
Trading Bitcoin Vs. BTC Futures — Which Is…
There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and it appears…
Price Analysis 5/20: BTC, ETH, XRP, BCH, BSV,…
While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets…
U.S. Court Files Lawsuit Against BitMEX Crypto Derivatives…
A U.S. District Court has filed a lawsuit against controversial crypto derivatives exchange BitMEX. The plaintiff, BMA LLC, has accused BitMEX’s parent arm and operators of engaging in wire frauds, money laundering, and other illicit…
Record CME BTC Open Interest Shows Institutions Bullish…
Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options. The…
CoinMarketCap Initially Rejected the Metric That Now Puts…
Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in…
Wall Street is Coming to Bitcoin: Here’s Why…
Things ramped up a gear today as Bitcoin derivatives platform, Deribit announced full integration of the ClearLoop custody and settlement solution for institutions. ClearLoop is the brainchild of London-based Copper, headed by CEO, Dmitry Tokarev,…
Bitcoin Hits $10K — Paul Tudor Jones Buys…
Today Bitcoin (BTC) hit $10,000 after finally managing to break above a long-term descending trendline at $9,400. The break above the important psychological level comes as there are only 4 days left until the Bitcoin…
Binance Sees Record High Trading Volume as Investors…
The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the…