Cryptocurrency Analysis and News Portal
Since the end of 2017, the assumed trajectory was that well-heeled financial institutions would take the reins from retail investors, becoming the main driving force and primary investor class in crypto. But a report out last week from derivatives exchange ZUBR argues that retail investors are not just here to stay, they could
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There’s a strange trend in crypto derivatives right now: volumes have dropped precipitously, just as open interest has boomed. What’s going on? Since the May 11 halving event, trading volume in crypto futures has fallen 76%, from $35 billion to $8.5 billion by June 23, according to research firm Skew. You’re reading First Mover,
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Few investors ever get into bitcoin hoping for stability, but over the past eight or so weeks that’s pretty much what they’ve got. Since the start of May, bitcoin’s price has rarely strayed outside its $9,000 to $10,000 range. Occasions where it has crossed the $10,000 boundary, or sunk beneath $9,000
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As Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance, the upstart competitor Cardano is getting ready to go live. And Cardano’s digital token, ADA, is soaring this year in digital-asset markets on speculation that the project’s early embrace of
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In a redux of trading from the early days of the coronavirus crisis in March, bitcoin tumbled Thursday in tandem with a sell-off on Wall Street – rekindling an ongoing debate over the cryptocurrency’s use as a store of value. Prices for bitcoin fell 6.37% to about $9,100, as the Standard
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For investors looking to bet on the coming adoption of digital assets, there might be a stock for that: Shares of the cryptocurrency retail broker Voyager Digital are outperforming this year, with triple the year-to-date returns of bitcoin. Crypto markets, just 11 years old, are evolving fast, with more than 5,500 digital-tokens now in existence, many
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[sociallocker id="55298"] There, in the midst of a protest against police brutality in Austin, Texas, stood a man holding a makeshift cardboard sign that read, “Bitcoin will save us.” The image, tweeted earlier this week by the ProPublica journalist Jessica Huseman, generated 789 retweets and 2,400 likes. Some twitterati said bitcoin had nothing to do with
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[sociallocker id="55298"] As bitcoin struggles to break out of the range it’s largely been stuck in for more than a month, some investors are looking ahead to Thursday’s European Central Bank meeting for fresh monetary stimulus that might underscore the cryptocurrency’s potential as an inflation hedge. Prices for bitcoin shot up
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[sociallocker id="55298"] Bitcoin Satoshi’s Vision, the controversial blockchain promoted by Craig Wright, is winning in digital-asset markets this year, with a token that has brought investors triple the returns of its better-known ancestor, bitcoin. You’re reading First Mover, CryptoX’s daily markets newsletter. Assembled by the CryptoX Markets Team, First Mover starts your
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Bitcoin prices are caught in a downdraft, after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark. “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head of data analytics at cryptocurrency exchange CEX.IO told CryptoX’s Omkar Godbole. “It may either retrace back
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