Cryptocurrency Analysis and News Portal
The Bitcoin price rose to as high as $7,770 on major cryptocurrency exchanges on April 23. The abrupt upsurge coincided with the expiration of CME’s BTC futures contracts for April.Data from Skew indicates that the CME Bitcoin futures volume and open interest spiked to a monthly high. The surge in
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A chart published by Brian Armstrong, CEO of United States crypto exchange, Coinbase, suggests that a small portion of the American population may be using their coronavirus stimulus checks to purchase cryptocurrency.A tweet, published by Armstrong on April 17, shows that the percentage of deposits and buys worth $1,200 —
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Over the past few weeks, crypto investors have been wondering if Bitcoin bottomed during the crash to $3,700. After all, the asset traded there for mere minutes, falling to that level as a result of a seeming cascading series of orders on derivatives exchanges rather than pure, organic price action.According
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The number of wallet addresses with small Bitcoin (BTC) holdings has increased significantly since the crash of March 12, 2020 — ‘Black Thursday,’ when the price of BTC fell to $3,800. Retail Traders Bought the Dip During the Last Bitcoin Crash According to Coin Metric’s “State of the Network” report published on
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The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely.The Bitcoin price has been ranging in between
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Bitcoin (BTC) is trading at $6,670 representing a 1% gain in the last 24 hours but a gain of 14.66% off the weekly open at $5,815. Looking at performance relative to its peers, Ether (ETH) and XRP both underperformed versus Bitcoin last week against the U.S. dollar and have
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No one was spared in last week’s crypto crash, during which Bitcoin fell 50% within a 24-hour time period.According to an exclusive report published by industry outlet The Block on Friday, Adaptive Capital, a crypto fund headed by Murad Mahmudov and included partners such as Willy Woo and David Puell,
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While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March
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Ripple is up more than 10% and it broke the $0.1550 resistance region against the US Dollar. However, XRP price is lacking strength and pointing a fresh decrease in the near term.Ripple price is up more than 10% and it tested the $0.1720 resistance against the US dollar.It is now
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Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments.That's the conclusion of a report released last week by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of $3,000 for
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