Archive for July, 2020

BitMEX leads among derivatives exchanges as OI surges

July 31, 2020 | By | Reply | 24 Readers More
BitMEX leads among derivatives exchanges as OI surges

The cryptocurrency exchanges have witnessed stagnant spot trading while an active derivatives market is booming. Despite being a part of a brief crypto winter, the derivatives market indicated that many users were in it for the long haul and were holding large sums of Bitcoin and other major cryptos. In the second quarter of 2020, the market-wide […]

Read More

Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

July 31, 2020 | By | Reply | 22 Readers More
Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400, […]

Read More

Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV, LTC, ADA,CRO, BNB, EOS

July 31, 2020 | By | Reply | 25 Readers More
Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV, LTC, ADA,CRO, BNB, EOS

Bitcoin finally broke through the $11.2K resistance and Ethereum’s continued strength is likely to pull several altcoin prices higher. Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should get […]

Read More

Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

July 31, 2020 | By | Reply | 24 Readers More
Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisis Uniswap evaluates the price of a token based […]

Read More

Bitcoin Cash Analysis: Bulls Aim Massive Breakout Above $300

July 31, 2020 | By | Reply | 25 Readers More
Bitcoin Cash Analysis: Bulls Aim Massive Breakout Above $300

Bitcoin cash price started a fresh increase above the $255 and $280 resistance levels against the US Dollar. The price even tagged the $300 resistance area and it is currently consolidating gains. There is a key bullish trend line forming with support near $285 on the 4-hours chart of the BCH/USD pair (data feed from […]

Read More

Bitcoin flips the script on ‘smart money’ following $11k breakout

July 31, 2020 | By | Reply | 23 Readers More
Bitcoin flips the script on ‘smart money’ following $11k breakout

Bitcoin’s breakout over $10,000 and then $11,000 hours later caught everybody by surprise, none more so than the ‘smart money’ investors. While the cryptocurrency’s market is gradually shifting towards the institutional class, with Bitcoin seen as an ‘investment’ rather than a ‘currency’ the shift is not as seamless as expected.  Since May, the cryptocurrency was […]

Read More

Coinbase Mulls Listing Ampleforth, Paxos Gold, Wrapped Bitcoin & More

July 31, 2020 | By | Reply | 26 Readers More
Coinbase Mulls Listing Ampleforth, Paxos Gold, Wrapped Bitcoin & More

Source: Adobe/dennizn US-based major crypto exchange Coinbase said it is exploring an additional list of 19 cryptoassets that might be offered to their clients in an unspecified future. These assets include: Ampleforth (AMPL) Band Protocol (BAND)Balancer (BAL)Blockstack (STX)CurveFetch.ai (FET)Flexacoin (FXC)Helium (HLM)Hedera Hashgraph (HBAR)Kava (KAVA)Melon (MLN)Ocean Protocol (OCEAN)PAX Gold (PAXG)Reserve Rights (RSR)tBTCThe GraphTHETA (THETA)UMAWrapped Bitcoin (WBTC)___ […]

Read More

Bitcoin Could Hit $12K on Ethereum-Tailing Behaviour: Analyst

July 31, 2020 | By | Reply | 23 Readers More
Bitcoin Could Hit $12K on Ethereum-Tailing Behaviour: Analyst

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions, […]

Read More

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

July 31, 2020 | By | Reply | 24 Readers More
Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

Bitcoin Bitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week. Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 […]

Read More

Samsung Dives Deep Into Public Ledgers With MANA and XLM Partnerships

July 31, 2020 | By | Reply | 28 Readers More
Samsung Dives Deep Into Public Ledgers With MANA and XLM Partnerships

It appears that Samsung, the S. Korean R&D firm that should normally need to further introductions, is more than keen on adopting and promoting blockchain technology on a corporate level. Besides the fact the latest Samsung Galaxy S20 series comes with a built-in Samsung Blockchain Wallet, the hi-tech giant is now directly involved in Ethereum […]

Read More