Cryptocurrency Analysis and News Portal
“Institutional custody is not the same as retail custody,” Mike Belshe, CEO of BitGo, said in a statement. “BitGo Trust Company was designed from the ground up to meet the needs of institutional investors, and it is the only independent qualified custodian focused on building the right market structure and
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On-chain data also show bullish signs for bitcoin in the medium term, said Eddie Wang, senior analyst at OKLink research, crypto exchange OKEx’s on-chain data research arm. The network’s hashrate has been steadily increasing since July, the mining difficult has also increased eight times, and miners have accumulated over BTC
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You can’t predict the future, but you can learn from the past.And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns.In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage
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The cryptocurrency hit five-month highs of over $4,200 earlier today, extending Wednesday’s 7.3% gain – the biggest since Oct. 1. The price chart shows the path of least resistance is to the higher side, and record highs could soon come into play. Original Source
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Investor interest in the bitcoin options market increased, with the cryptocurrency nearing record highs in the lead up to Tuesday’s launch of the first-ever U.S.-based bitcoin futures exchange-traded fund (ETF).Bybt data shows that the cumulative dollar value of bitcoin options contracts open on major exchanges rose to $14 billion on
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The ProShares Bitcoin Strategy exchange-traded fund’s trading volume topped $1 billion on its first day, ranking the investment vehicle as one of the top ETF launches in history.As of 4:02 p.m. ET, shortly after the close of U.S. stock markets on Monday, trading volume in the ProShares ETF (ticker $BITO)
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MicroStrategy Inc., often seen as a proxy for bitcoin, climbed 4.3%, while crypto exchange Coinbase Global, Inc. gained 3% and Robinhood Markets, Inc., where many users trade crypto, rose 2.8%. The wider S&P 500 index and the Nasdaq composite were also in the green on Tuesday. Source
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Ethereum failed to clear a major hurdle near $3,165 against the US Dollar. ETH price is declining and it remains at a risk of a move below $2,800. Ethereum started an upside correction above $3,000, but it failed near $3,165. The price is now trading below $3,000 and the 100 hourly simple
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Bitcoin has once again recovered from what looked to be the beginnings of another bear market. The crashes had left the price of the digital asset struggling in the market, putting the bears ahead. With the recent rebound above $44,000, the bulls have obviously wasted no time in taking back
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Quant explains how there may be a correlation between the Gemini Bitcoin netflow and BTC price tops, based on pattern of the last few years. Can Gemini Netflow Predict Bitcoin’s Price Tops? As posted by an analyst on CryptoQuant, the historical chart for the Gemini netflow (30-day MA) vs the price reveals
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