A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts. Cryptocurrency exchange Binance has launched a new Bitcoin (BTC) futures product despite institutional investors showing fresh uncertainty about the future. In a blog post on June 11, Binance revealed its quarterly futures contracts had gone live, with settlement due […]
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MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans. The price of MakerDAO (MKR) has rallied by roughly 30% over the past 24 hours, posting a new year-to-date high above $720 on some exchanges. The rally follows a late May […]
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Bitcoin price is stalling under $10,000 while the U.S. stock market nears a record high. The Nasdaq, an index which primarily represents tech stocks like Amazon, Microsoft, and Alphabet, has surpassed 10,000 points to hit a new record high. The move above 10,000 effectively erased all the losses suffered from the coronavirus pandemic, yet, the […]
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The last time this much Bitcoin was withdrawn from exchanges, the price rose 88%. If this pattern repeats, we would see Bitcoin go to $18,000 by the end of August. June 8, 27,000 more Bitcoins (BTC) were withdrawn from the exchanges than deposited, the last time there was such a significant outflow, Bitcoin appreciated 88%. […]
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Strange macro uptrends coincide with middling price action for Bitcoin, but eyes are on $8,000, not $10,000 so far. Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days? Cointelegraph presents a weekly roundup of the major factors […]
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Bloomberg thinks Bitcoin could return to record highs of $20,000 this year, but warns Ether may not be the world’s second-biggest cryptocurrency for much longer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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Bitcoin price must hold the low $9Ks to continue its upward grind and finally conquer the psychological $10,000 level. The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market […]
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Bitcoin may not break $10,000 for some time as several metrics point to possible pullbacks to under $9,000. Bitcoin (BTC) is trading at $9,687 representing a 0.87% loss in value in the last 24 hours and 1 % for today’s session Looking at performance relative to its peers, Ether (ETH) and XRP are both underperforming […]
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Some in the crypto community are using the turmoil in the United States to push a George Floyd token in what appears to be an obvious cash grab that feeds on sentiment. A new project has sprung up to take advantage of the tense situation in the United States and promote a new token. A […]
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This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. CME Bitcoin (BTC) futures and options markets expired on May 29, and despite a $100 hiccup, the price of the largest digital asset on CoinMarketCap held up nicely around the $9,400 level. As the market entered […]
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