Cryptocurrency Analysis and News Portal
Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of importance to futures market activity and its impact of spot prices. It is important to
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Bitcoin is in for more jump scares after having fallen by more than 50 percent this week.With the expanse of Novel Coronavirus rippling through financial markets, bitcoin plunged from $10,000 in February to $3,858 as of Friday. On the same day, the cryptocurrency recovered to hit an intraday top at
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Over the past day, Bitcoin, Ethereum, and the rest of this nascent market have finally shown signs of recovering after the nearly 10% drawdown seen over the weekend. Per data from Coinmarketcap, ETH is up 6.6% in the past 24 hours, rallying to $282 as of the time of this
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A group of Telegram Open Network (TON) developers, calling themselves “The TON Community Foundation,” have submitted a court document criticizing the SEC’s prosecution of the project. The former messaging app turned blockchain developer has been embroiled in a long-running suit with the United States Securities and Exchanges Commission, which alleges that
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While bitcoin hit fresh three-month highs on Wednesday, open interest in monthly bitcoin futures on the Intercontinental Exchange's (ICE) Bakkt platform jumped to record highs. Open interest, or the number of open futures contracts, rose to $13 million, surpassing the previous record high of $12 million reached on Feb. 3, according
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Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks
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Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday. Source
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Canada’s largest bank, the Royal Bank of Canada (RBC), is reportedly looking to venture into the highly volatile and controversial (at least in the banking community) crypto market, according to a report by the Logic. Besides being the biggest bank in Canada, accruing more than $965 billion in total assets,
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I guess we can all agree that it was a good Friday for the global crypto community this week. The prices of the top crypto coins saw a huge spike in just a few minutes on Friday, October 25, with Bitcoin(BTC)trade climbing all the way up to a little over
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For XRP to increase in price it needs increased utility and value which in turn means it can handle bigger and bigger transactions across the XRPL. Recently we have seen this usage and utility on exchanges such as Bitso, where MoneyGram is starting to ramp up its ODL/XRP payment corridors. I got
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