Bitcoin price posts a massive green candle, hitting $8.7K to the disbelief of bears who have taken hold of the crypto market in recent months. Bitcoin (BTC) price just made a $1,200 rally towards $8,700, leaving bears and shorts behind. Several signals were pointing towards a potential trend shift and price reversal, while the overall […]
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A review of Bitcoin’s long term price action suggests that the 2020 halving event could be a ‘buy the rumor, sell the news’ event. Bitcoin’s (BTC) upcoming 2020 halving event has already posted numerous anticipatory headlines as the market waits to see how crypto’s flagship asset will react regarding its price. Additionally, speculators have filled […]
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Bitcoin price is under threat as an impending death cross on key moving averages decreases the likelihood of a rally to $8.8K. Bitcoin price (BTC) is down around 1% on Monday, following a strong close to the week on Sunday with a move from lows of $7,875 to highs of over $8,300. The altcoins also […]
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As exchanges expand Bitcoin derivatives, the CFTC clears the way for Ether futures. But will investors be interested in such a tool? The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s […]
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Many major cryptocurrencies were rejected at their overhead resistances which shows weakness within the market. Is a bear market developing? The crypto market has been struggling since topping out in June but this does not mean institutional interest in crypto has diminished. The Chicago Mercantile Exchange (CME) Group tweeted that customer interest in CME Bitcoin […]
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Most crypto exchanges put in fresh trading volume lows, with the exception of Binance’s Bitcoin futures, which conversely set record highs. Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s […]
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The U.S. Securities and Exchange Commission once again begins accepting comments regarding the updated Bitcoin exchange-traded fund proposal by Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published […]
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The Chicago Mercantile Exchange Group recently said that, despite the Bitcoin price drop, customer interest in CME Bitcoin futures remained strong. The Chicago Mercantile Exchange (CME) Group recently tweeted that, despite the Bitcoin (BTC) price pullback, customer interest in CME Bitcoin futures remained strong during Q3 2019. CME Bitcoin futures are up 61% vs Q3 […]
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Does the pullback in Bitcoin price and most major altcoins indicate that lower levels are likely? Let’s study the charts. The wait for a Bitcoin (BTC) exchange-traded fund got a bit longer as the United States Securities and Exchange Commission (SEC) shot down the proposal by Bitwise Asset Management and NYSE Arca. The regulators felt […]
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Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup that digitizes precious metals, have jointly launched a gold-backed digital token. Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token. The new ERC-20 token is dubbed […]
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