The number of Bitcoin whales with at least 1,000 BTC to their name is now higher than at any point in the past two years, Glassnode says. There are more Bitcoin (BTC) whales now than at any point in the past two years — and that mimics a trend from its 2016 halving, data shows. […]
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Analyst PlanB explains that Bitcoin’s price activity did not invalidate the stock-to-flow model after the first futures launched in December 2017. Bitcoin futures do not unfairly impact the price of Bitcoin (BTC), according to the creator of one of the cryptocurrency’s most accurate price models. In a series of tweets on April 7, PlanB, the […]
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The Bitcoin price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. Here are three main factors that likely contributed to it. The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors […]
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Bithumb Global has announced support for up to 5x leverage trading for BTC/USDT and ETH/USDT citing a surge in customer demand. Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform. While the exchange states that the move is in response to “a surge in demand […]
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Bitfinex is launching a staking service allowing EOS, Tezos, Cosmos, and V-Systems holders to generate passive income from proof-of-stake crypto assets held on the exchange. Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers. Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto […]
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Crypto exchanges saw record trade in March, with the global market crash driving all-time highs for both spot and derivatives trading. CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges. The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets. March […]
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Bitfinex gains praise from whales, while a volatility warning hits BitMEX after its futures market produced a one-minute surge of $450 on April 4. Bitcoin (BTC) saw a “flippening” during its price crash to $3,700 last month — something that could reveal a new uncomfortable truth about exchanges. In its March Exchange Review released this […]
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does […]
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Bitstamp may announce first new listing in nearly three years, with the exchange contemplating support for seven new crypto assets. Bitstamp, one of the longest-running active cryptocurrency exchanges, is considering launching a batch of new crypto asset listings. Curiously, Bitstamp is contemplating support for Zcash (ZEC), despite an increasing number of exchanges seeking to distance […]
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Bitcoin price has shown a strong recovery over the past two weeks but there is still a chance that a rally to $8,500 could be a bull trap. The Bitcoin price (BTC) has recovered strongly from $5,200 to $7,200 in the past two weeks, despite the declining appetite for high-risk assets including single-stocks and cryptocurrencies. […]
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