Coins

Bitcoin Macro: Analysts See a Rising Wave of Investments among Millionaires

October 12th, 2019

Gone are the days when Bitcoin used to trade only via cryptocurrency exchanges. In 2019, numerous institutional platforms started providing products and services on digital assets. The development was seen with Custody, Trust funds, trading portals, and derivates market. Michael Novogratz, the founder of Galaxy Digital, recently reiterated his stand on the institutional interest. Earlier,…

Binance Futures Records 4th highest Volume In Crypto Futures Industry in Just a Month

October 11th, 2019

Binance Futures has once again recorded a new high trading volume. It has recorded a trading volume of 16K BTC in an hour. Interestingly, Binance Futures is not even a month old. As a matter of fact, the volume recorded is the 4th highest in the crypto futures industry. Binance Futures on An All-Time High…

If You’d Bought These Coins in 2014, This Is What You’d Have Made

October 11th, 2019

Fall is here, and it’s a good time for reflection, regrouping and gearing up for the coming new year. In the case of crypto, looking back at the markets of the past puts things into a similar perspective. An examination of the top 10 cryptocurrencies of just five years ago sheds light on how far…

XBT/USD Analysis: Bitcoin Shifting The Target Back To $8,000 – BitMEX Margin Trading

October 11th, 2019

The slow trading activities witnessed in the past 24 hours has been a key player In Bitcoin price returned above $8,800. The first breakout this week elevated XBT/USD above $8,700 but failed to trade above the resistance at $8,750. The sellers took advantage and forced a lower leg action towards $8,500. Luckily high congestion of…

Bitcoin Options Contracts Will Attract Massive Demand from Asian Crypto Traders – CME Global Head

October 10th, 2019

Tim McCourt, CME Group’s global head of equity products and alternative investments believes that the upcoming launch of Bitcoin options contracts will likely become a favorite of Asian crypto miners and traders.  Traders in for Huge Benefits CME Group announced the launch of its new crypto-derivative product on the 20th of September. The update mentioned that…

Binance Touches Another Milestone, Launches P2P Trading

October 9th, 2019

Leading cryptocurrency exchange, Binance, has launched a peer-to-peer (P2P) trading function on its spot trading platform. The newly developed P2P system which is yet exclusive to China’s fiat currency will enable Binance users to exchange BTC, ETH, and USDT against the Chinese Yuan. In an official announcement, Binance noted that access to P2P trading will be…

XBT/USD Analysis: XBT/USD Up-thrust Unstoppable to $8,600? BitMEX Margin Trading

October 8th, 2019

Bitcoin is displaying a bearish picture in the short-term while the long-term timeframe remains strongly bullish. The price on the hourly chart is trading above the moving averages. The 50 MA is inching closer towards the longer-term 100 MA. A double-cross above the long-term moving average is likely to double-down Bitcoin price potential to hit…

Bitcoin [BTC] ETF: No More Room for Delays, SEC to Announce Decision This Week

October 8th, 2019

The financial world offers a plethora of derivatives that can be issued upon an asset. Bitcoin [BTC] derivatives that made most of the news this year was the Futures contract. Along with the introduction of the much-awaited launch of Bakkt, the trading volume of regulated Bitcoin futures is more significant than $200 million. Moreover, Van…

XRP, EOS and Tron Lead Gains on Monday – Analyst Weighs Alt-season Possibility

October 8th, 2019

Bitcoin [BTC] and the crypto market recorded positive gains on Monday. The momentum continues at the break of a new day (UTC time) as well. Bitcoin [BTC] logs high at $8344, while XRP, EOS, and TRON lead altcoin gains. Currently, the dominance of BTC over the market is 66.5%. XRP/USD 1-Day Chart on Bitstamp (TradingView) XRP…

XBT/USD Analysis: Is This The Time to Long On Bitcoin Targeting $8,600? BitMEX Margin Trading

October 7th, 2019

Bitcoin has been lethargic since it slipped under $8,000 again during the weekend session. While the downside is strongly supported above $7,600, the upward movement remains to be capped in the short-term. However, looking at the 30-minutes chart for XBT/USD, we can spot a detailed trend within a descending channel. This trend clearly shows the…