BitMEX firmly leads the market when it comes to Bitcoin futures OI, with Binance in second place, according to new data from Bybit. Derivatives giant BitMEX and cryptocurrency exchange Binance are the Bitcoin (BTC) industry’s biggest — when ranked by open interest (OI). According to updated rankings from exchange Bybit, as of May 19, the […]
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Bitcoin volatility and volumes are cooling off post-halving while a break in either direction could open the door to new market cycles. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been hovering below the psychological barrier of $10,000. The halving didn’t give the market what they expected as the majority was […]
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Bitcoin price plunged 31% the last time the U.S. imposed tariffs on China. Will this time be any different? The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to […]
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Bitcoin and stocks are now on the menu for Cash App users wanting to minimize the “impact of market swings,” the payment network says. Twitter CEO Jack Dorsey’s Square now allows its users to buy Bitcoin (BTC) automatically in the latest push to boost uptake of the largest cryptocurrency. Confirmed by Dorsey on Twitter on […]
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Describing the rush to buy Bitcoin as a “land grab” for institutions, Tuur Demeester sees the cryptocurrency rallying to $50,000-$100,000. Bitcoin investor and research analyst Tuur Demeester doesn’t see the coin going below $6,000 after the rewards halving, with a price of at least $50,000 certainly possible in the future. In a video posted to […]
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Crypto data company The TIE posted data showing the positive tweets about Bitcoin following the rewards halving are at an all-time high. One week after the Bitcoin rewards halving, investors are speaking more positively about the coin than they have at any point over the last 2.5 years according to crypto data company The TIE. […]
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According to technical analysis, bitcoin may be due for a major breakout as it goes into a Golden Cross. It has tested a downtrend in resistance three times over the last several days, with an uptrending support level, and the period of time between each test of resistance has gotten shorter. As you analyze the […]
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After surpassing 50,000 BTC in user deposits, Celsius’ CEO told Cointelegraph that the DeFi app has fallen short on its goals for adoption among smaller users. Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform. In an interview with Cointelegraph, Celsius founder and VoIP […]
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Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history. Alibaba co-founder Jack Ma is stepping down from the board of Japanese tech giant and major blockchain backer SoftBank. After 13 years of close involvement with SoftBank, China’s richest man leaves the board amid […]
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Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days. Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and […]
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