Cryptocurrency Analysis and News Portal
The open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.Chicago Mercantile Exchange’s (CME) Bitcoin futures see
Read More
Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven
Read More
Castle Rock, Colo.-based cryptocurrency miner Riot Blockchain reported earnings for the June quarter Monday, noting a decrease in mining revenue from a year ago. Update (August 11, 19:56 UTC): This article has been updated to reflect 227 bitcoins mined in the Q2, not 508 as was previously reported. Current mining capacity was
Read More
Bitcoin is the magical icon in this era! People all over the globe wants to acquire it! More than the virtual currency, Bitcoin has become the class. Once people scared of these kind of things and hesitate to invest in it because of security issues. Now in 2020, the world
Read More
A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC).High saving rates, low yieldsBecause of the COVID-19 lockdown, the personal savings rate in the U.S. is at a historic high. The yield offered by the financial institutions
Read More
Bitcoin and ether continue to make gains Friday and stakeholders are increasingly investing their crypto into DeFi. Bitcoin (BTC) trading around $11,333 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours.Bitcoin’s 24-hour range: $10,974-$11,460BTC above 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin
Read More
Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency
Read More
Bitcoin is currently flashing some signs of strength as it continues consolidating within the lower-$11,000 region. Overnight, bears attempted
Read More
With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan’s central bank, CryptoX’s Markets Daily is back. Today's Bitcoin News:Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process. The dollar index dropped
Read More
On June 24, the IMF published its quarterly World Economic Outlook report, describing the COVID-19 induced lockdown as the worst economic downturn in 90 years and predicting a total of nine trillion dollars of losses by 2022. Global growth is projected at –4.9 percent in 2020, and the world economy
Read More