Cryptocurrency Analysis and News Portal
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the sentiment is negative and fear is at extreme levels, but it's at times like these
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Bitcoin mining company Gryphon Digital Mining has signed an agreement to purchase 7,200 Antminer S19J Pro mining machines from Bitmain Technologies for $48 million.Gryphon Mining said Bitmain is scheduled to deliver 600 miners monthly with the first delivery starting next month.The S19J Pro Antminer has a maximum hashrate of 100
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Coinbase informed their customers that they can begin to deposit ICP tokens as soon as the Mercury Genesis Launch Event takes place.As DFINITY Foundation prepares for the Mercury Genesis Launch Event scheduled to take place on May 7, 2021, cryptocurrency derivatives trading platform FTX has launched the Internet Computer Protocol
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As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise.Some analysts might dismiss Ether derivatives, considering CME's future has $355 million in open interest compared
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It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark.And it’s been equally positive for the Cryptox Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market
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Bitcoin's (BTC) upcoming March 26 options expiry might become the largest ever, with $6.1 billion open interest on the line. With less than 4 days ahead of the settlement date, pro investors will have already set up strategies for the next month.Bitcoin price at Coinbase, USD. Source: TradingViewAs BTC price
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On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether's year-to-date 176% gain, these warning signs should not be ignored.On of the primary driving factors of the
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In the last 24-hours Bitcoin (BTC) price dropped 14% and tested the $32,000 support for the fifth time this year. Traders probably became even more worried as the price fell to $31,050 but at the time of writing the 4-hour chart suggests that the selling could be slowing down. Currently the
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Bitcoin (BTC) recently reclaimed $35,000, but top traders at Huobi, OKEx and Binance are not buying the breakout. Unlike the savvy institutional investors who may be desperate for protection against the debasement of fiat, the more crypto-focused investors seem to be waiting for dips.Institutional investors might also be celebrating the
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On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible that the CME’s ETH futures launch announcement also played its part.Solid fundamentals and positive newsflow
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