The recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH […]
The cryptocurrency markets have produced several days of bullish price action, with BTC testing resistance near $4,000 for the time in five weeks today. In doing so, it’s broken the 100-day moving average for the first time in 272 days. In other market action, both BCH and ETH rallied to test resistance near $150, and […]
The post Markets Update: BTC Tests $4,000, BCH and ETH Test $150 appeared first on Bitcoin News.
Many cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading markets as of Feb. 19, 2017 have since fallen from the top 15. Also Read: Markets […]
The post Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15 appeared first on Bitcoin News.
The cryptocurrency markets have enjoyed a day of significant bullish action, with only four of the top 80 crypto assets by capitalization posting a 24-hour loss as of this writing. ETH was the strongest performing leading market, comprising the only cryptocurrency in the top 25 by market cap to post a double-digit gain for the […]
The post Markets Update: Cryptocurrencies Bullish Following Possible Higher Lows appeared first on Bitcoin News.
Cryptocurrency markets are once again riding a long period of consolidation as the last seven days has failed to show any meaningful moves. During our last markets update, digital asset values spiked considerably, gaining billions in one hour on Feb. 8. But a week later cryptocurrencies have offset those gains and most markets have been […]
The post Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation appeared first on Bitcoin News.
Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap. Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant Pairing for 3 of Top 4 Cryptocurrencies by Market Cap According to Cryptocompare, […]
The post Stablecoins Dominate Currency Pairings for Leading Crypto Assets appeared first on Bitcoin News.
The peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries posting record volume. The largest spikes were concentrated in the Latin American and Asian regions, however, the United States also posted its strongest monthly P2P volume since April 2018. Also Read: Nasdaq Stock Exchange to Start […]
The post Localbitcoins Trade Surges in Latin America and East Asia appeared first on Bitcoin News.
The cryptocurrency markets are trading at significant long-term price areas, with BTC currently channeling between key levels from the 2017 bull run. In other market action, BCH and ETH have continued to consolidate above the $100 area. Also Read: ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds BTC Trades Between Major […]
The post Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend appeared first on Bitcoin News.
Research carried out by Tradeblock has found the combined trade volume across the futures contracts offered by Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) plummet relative to spot market volume during the second half of 2018. Also Read: Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’ BTC Futures Volume Rivals […]
The bullish surge across the cryptocurrency markets has ranked several high profile projects among the top gainers and losers – a distinction predominantly reserved for crypto assets with meager market caps. As of this writing, litecoin (LTC) is the 17th-top gaining cryptocurrency of the last 24 hours after gaining 26%, while the heavily hyped bittorrent […]
The post Gainers and Losers: BTT Falls From Daily Gainers, Grin Sits Among Weekly Losers appeared first on Bitcoin News.