Gold price reached a new all-time high and the same factors behind its rally could also push Bitcoin price higher. Today the price of gold hit a new record-high at $2,008 and the asset is now in the price discovery phase. The precious metal appears to be rallying due to the declining U.S. dollar and […]
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The U.S. dollar is at risk of falling below the lower end of a 12-year trendline as some analysts argue that this may be a bullish turning point for Bitcoin price. The United States dollar (USD) index is currently testing the bottom of a 12-year trendline. But as some traders are calling it the “most […]
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This time around, for however long it lasts, Bitcon’s run and the altcoin season are going to be very different. Bitcoin has finally woken from its two-month slumber, as well as interest in the number-one cryptocurrency along with it. Bitcoin futures trading is bustling again, with both volume and aggregated interest at their highest since […]
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Wash trading hurts investors and taints the crypto industry, but extinguishing it will be difficult absent global regulation. When Bitwise Asset Management declared in a March 2019 presentation to the United States Securities and Exchange Commission that 95% of the Bitcoin (BTC) trading volume being reported globally on cryptocurrency exchanges was “fake,” it jolted rating […]
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Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year. The institutional investing platform reported its highest ever figure for Bitcoin monthly futures on Jul. […]
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The OKEx crypto exchange will host its third Elite Team Trading Contest starting from August 10. Cryptocurrency exchange OKEx announced the official launch of its third “Elite Team Trading Contest”, which will offer a total jackpot of 150,000 USDT in prizes. According to the announcement, the contest, which starts on August 10, will last for […]
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Most experts do not view BSN’s split as being necessarily bad for the Chinese blockchain space. Launched in April 2020, China’s Blockchain Service Network was designed to serve as a hosting platform for small and medium-sized businesses as well as independent entrepreneurs alike. The network seeks to provide developers with a wide array of tools […]
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Multiple indicators are signalling that professional traders are bullish on Bitcoin derivatives, suggesting that the $10,000 level could soon be tested. There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually rely on technical […]
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Malta-based cryptocurrency exchange OKEx now features daily, two-day, and monthly options trading for BTC/USD, ETH/USD, and EOS/USD. OKEx, the second largest crypto options trading platform after Deribit, is expanding its options trading types. Starting July 24, OKEx features new crypto options trading opportunities including daily options, two-day options, and monthly options. OKEx now features seven […]
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Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]
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