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Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out
Over the past few weeks, analysts have said Bitcoin is finally finding a local top.For the third time in a matter of months, the cryptocurrency was rejected in the $10,000 range. It was a rejection that caused many to reconsider their bullish stance on BTC due to the level’s importance.Though
Read MoreBitcoin Will Replace Gold, Crypto Data Analytics Company CEO Says
As the world turns more digital, crypto's pioneer asset Bitcoin (BTC) could take on gold's store of value role, according to the CEO and co-founder of Digital Assets Data, an analytics firm. "I see Bitcoin replacing gold as the hardest money for savers with long time horizons," CEO Mike Alfred
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Slipping Yuan May be Good for Bitcoin Price, Past Data Suggests
Bitcoin traders should keep an eye on the ongoing slide in the yuan, analysts say. That’s because, historically, the cryptocurrency looks to have put in a positive performance during bouts of weakness in the Chinese currency. The yuan (CNY) fell to 7.1613 per U.S. dollar earlier on Tuesday to hit the
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Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows.According to crypto data company The Tie, the 30-day average daily sentiment score is at an all-time high since 2017.The
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Bitcoin Options Market Data Shows Mere 9% Chance BTC Reaches $20K in 2020
The Bitcoin (BTC) options market, which is mostly dominated by Deribit and CME, gives a 9% chance for BTC to rise to it's all-time high at $20,000 by the end of 2020.Given the tendency of Bitcoin to see a prolonged rally six to eight months after a halving is activated,
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Cardano (ADA) Climbs, But On-Chain Data Suggests Strong Resistance Is Ahead
Cardano has been in the spotlight of the cryptocurrency market following the recent developments around its Shelley incentivized testnet. Last week, for instance, the team behind IOHK gathered a small group of operators to provide insights on how the Shelley mainnet would look like.Charles Hoskinson, the CEO of IOHK, said
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VeChain Teams up with I-Dante To Build Blockchain-Enabled Medical Data Management Platform for Cypriot Hospital – Blockchain News, Opinion and Jobs
VeChain and technology agency I-Dante recently announced they have co-developed a blockchain-enabled medical data management platform named The E-NewHealthLife and the Mediterranean Hospital of Cyprus, a hospital
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