Cryptocurrency Analysis and News Portal
Bitcoin’s price undulations became the calmest in three months on Tuesday, as volatility revisited levels last seen ahead of the “Black Thursday” crash on March 12. The leading cryptocurrency’s 30-day volatility has now fallen to 40%, the lowest level since March 6, according to blockchain analytics firm IntoTheBlock. Meanwhile, 60-day volatility
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[sociallocker id="55298"] According to the recent data from Skew, Bitcoin options trading is becoming more popular in the market than futures or swaps.As the cryptocurrencies’ popularity grows in the trading industry, Bitcoin options trading is attracting a significant number of investors and other market participants. Despite not being in the
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Bitcoin is trading more than 150 percent higher from its March 2020 lows below $4,000.The cryptocurrency’s wild move upside has cheered traders, but a textbook technical indicator warns about a potential bull trap.There are possibilities of Bitcoin falling towards $6,700 if the fractal plays out as indicated.A textbook technical indicator may spoil the ongoing
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Bitcoin has found itself in the middle of nowhere yet again.The cryptocurrency has been stuck in a tight range, with breakouts on either side failing as investors have been exuding feelings of indecision. The market is so indecisive that on Tuesday morning, a “Darth Maul” candle formed, whereasBlockware Mining chief
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[sociallocker id="55298"] Stampede Ventures — a production company owned by ex-Warner Bros. president Greg Silverman — has partnered with Cameron and Tyler Winkelvoss to produce a movie featuring the brothers’ story as portrayed in the best-selling book “Bitcoin Billionaires.”According to the report published on Deadline, Silverman will be co-producing the
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Cameron and Tyler Winklevoss will help produce a film based on the best-selling book that featured their entrance into the world of bitcoin. As reported by Deadline on Monday, the twins will work with Stampede Ventures to turn “Bitcoin Billionaires” by Ben Mezrich into a movie. Stampede is an entity
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The Saudi Arabian Monetary Authority (SAMA) has distributed cash to local banks over blockchain. On Monday, the central bank announced it had deposited “part” of a recent banking sector liquidity pump through “blockchain technology” after injecting 50 billion riyals ($13.3 billion) into local banks on June 1. At the time, SAMA said
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Ethereum is still holding the key $240 support zone against the US Dollar. ETH price is also facing an uphill task near the $248 and $250 resistance levels.Ethereum is consolidating in a range above the $240 support and the 100 hourly simple moving average.The price must gain strength above the
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[sociallocker id="55298"] Reading Time: 2 minutes by Ash T on June 9, 2020 Bitcoin According to a press release issued on June 8, 2020, digital asset integrator Centrapay has partnered with Coca-Cola Amatil to enable Australia and New Zealand residents to buy soft drinks from vending machines through cryptocurrencies. Buying Coca-Cola with Cryptocurrencies Now Possible Coca-Cola Amatil –
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[sociallocker id="55298"] The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy.A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.”BTC
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