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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After knocking out a key resistance zone, Bitcoin bulls now look to set a higher high above $7,930, which will be a major challenge. Bitcoin (BTC) bulls showed up early Monday morning and took full control of Bitcoin price by sending the price through the $6,900-$7,200 resistance zone to a nearly 4-week high of $7,454. […]
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Tokenization is a prevalent topic in the crypto industry, but where does it currently stand, and what are the tech and regulatory issues it faces? With ongoing talks of Central Bank Digital Currencies and now even a possible digital dollar, tokenization continues to be a hot topic both in the crypto world and in traditional […]
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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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Bitcoin bulls are hoping to avoid a revisit to prices below $6,000 by attempting to push the BTC above the $6,900-$7,200 resistance zone before the weekly close. As the weekend began Bitcoin (BTC) price traded in a relatively tight range after making a second attempt at $7,000 on April 4. The digital asset surged to […]
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Fear of the Coronavirus pandemic infected investor confidence, leading Bitcoin price to crash by 50% but as this occurred retail demand for Bitcoin increased and institutions left. Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According […]
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Voyager has completed its acquisition of Circle Invest after onboarding 40,000 customers. Crypto trade service firm, Voyager Digital Canada, has completed its acquisition of Circle’s retail-facing investment app. On April 3, Voyager announced it had onboarded Circle Invest’s more than 40,000 accounts onto its platform — excluding residents of New York, North Carolina, and Alaska. […]
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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 recent price trend of Bitcoin indicates an Elliot Wave pattern forming, which traders say could result in a major correction. The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining […]
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Bitcoin price could see a rally to $8,000 following the breakout to $7,000, but a potential selloff in stocks could put BTC at risk of revisiting new lows. The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the […]
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