Cryptocurrency Analysis and News Portal
In what has been seen by many in the crypto space as a win, the open interest of the Bitcoin futures platform Bakkt has reached new all-time highs. Sources indicate that this occurred yesterday and that this shows fresh inflows from new entrants into the Bitcoin marketplace. Twitter’s BakktBot has
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The volume of Venezuelan bolivars traded against Bitcoin (BTC) on the LocalBitcoins platform another all-time high last week amid rampant hyperinflation in the country.According to Bitcoin statistics website Coin Dance, bolivar volumes on peer-to-peer exchange LocalBitcoins exceeded 209 billion during the week ending Dec. 14.The new all-time high comes
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While the cryptocurrency is losing ground, the number of bullish bets, as represented by the BTC/USD long positions on Bitfinex, have jumped to a record high of 44,523 contracts, surpassing the previous high of 40,193 reached in March 2018. Meanwhile, short positions have remained stuck largely in the 5,000–8,000
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Binance, the second-biggest cryptocurrency exchange by daily trading volume at press time, now supports Bitcoin (BTC) futures trading on its new iOS app.After Binance initially launched its two futures testnet platforms on Sept. 2, the exchange now allows its users to trade Bitcoin and Ether (ETH) futures contracts via
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Bitcoin (BTC) futures open interest on digital asset platform Bakkt has hit a new all-time high.According to a Dec. 3 Twitter post published on Dec. 3 by Bakkt Volume Bot — a Twitter account dedicated to reporting Bakkt trading volumes — Monday’s open interest on Bakkt Bitcoin futures reached
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Bitcoin (BTC) is trading up around 2% at $7,600 on the back of the European session this morning, which is where it has been consolidating for a couple of days. With the weekend looming and the month of November coming to a close, Bitcoin price action is at a
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Bitcoin (BTC) has sparked fresh interest from mainstream consumers after its price nosedived to its lowest levels since May this week. According to data from Google Trends, “Bitcoin” and associated terms have increased in popularity conspicuously over the past week.“Bitcoin halving” back in the spotlightCurrently, “Bitcoin” is at its highest
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Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar.Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday).There is a short term contracting triangle forming with resistance near $165 on the hourly
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Bitcoin is looking south after erasing three-quarters of the price rally seen in October. The bearish mood comes as the U.S. equities market is soaring in the opposite direction. Source
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On-demand liquidity has reached the shores of Australia with FlashFX going live, opening a brand new payments corridor to the Philippines. Back in September 2017, FlashFX joined RippleNet to become the first Australian company to utilize blockchain technology for international money transfers. FlashFX has long been at the forefront of leveraging
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