Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Statistics Show Bitcoin Cash Is a Strong Contender After the Crypto WinterOver the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value […]

The post Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter appeared first on Bitcoin News.

Crypto Markets and CME Futures Post Record Trade Volume

Volume has been ramping up across the cryptocurrency markets, with April seeing a new all-time high posted for daily global cryptocurrency volume. The month has also seen Chicago Mercantile Exchange (CME) report record trade volume for its BTC futures contracts, in addition to Cumberland’s trade desk reporting an influx of 1,000 BTC buy orders, signaling […]

The post Crypto Markets and CME Futures Post Record Trade Volume appeared first on Bitcoin News.

These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap

These Cryptocurrency Data Services Aim to Be More Accurate Than CoinmarketcapThe true size of the cryptocurrency market may be as little as 5 percent of its officially reported total. Coinmarketcap (CMC), the leading market data website, has been accused of unquestioningly publishing crypto exchange figures, despite compelling evidence of manipulation by many trading venues including a glut of Asian platforms. Now, a number of market […]

The post These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap appeared first on Bitcoin News.

Up & Down: Large Volume for Today’s Gainers, ENJ and COSM Among Losers

Up & Down: Large Liquidity for Today's Gainers, ENJ and COSM Among LosersIn today’s market action, several of the day’s top 20 gainers have seen eight-figure trade volume over the last 24 hours including GRS, VIA, DMT, and CVC. When looking at the worst performing markets, ENJ and COSM command the largest volume of the day’s top losers. Also Read: Old School Altcoins Can’t Stop Popping High […]

The post Up & Down: Large Volume for Today’s Gainers, ENJ and COSM Among Losers appeared first on Bitcoin News.

Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance

Markets Update: Cryptocurrencies Struggle to Surpass Upper ResistanceCryptocurrency markets have been looking more optimistic but many digital assets are still struggling to surpass upper resistance in order to move forward. On Friday, March 8, trade volumes have increased, showing a quick spurt of renewed energy but market indicators suggest there a few more hurdles ahead. Also read: An In-Depth Look at Ethereum’s […]

The post Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance appeared first on Bitcoin News.

Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume

Stablecoins See Few On-Chain Transactions Despite Recent Surge in Exchange VolumeDespite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]

The post Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume appeared first on Bitcoin News.

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest […]

The post Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018 appeared first on Bitcoin News.

Markets Update: Diminished March Trade Volume Mirrors Previous Patterns

Markets Update: March Trade Volumes Diminish Following Prior Crypto TrendsOver the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains […]

The post Markets Update: Diminished March Trade Volume Mirrors Previous Patterns appeared first on Bitcoin News.

P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week

The peer-to-peer (P2P) markets have seen a dramatic increase in Iranian and Indonesian trade activity, with both markets posting triple-digit volume gains in recent weeks. Localbitcoins volume has also surged in select Latin American markets this past week, with the Dominican Republic, Colombia, and Venezuela posting some of their strongest trade on record. Also Read: […]

The post P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week appeared first on Bitcoin News.

BTC Transactions Hit 1-Year High But Volume Remains Sluggish

BTC Transactions Hit 1-Year High But Volume Remains SluggishThere’s good news and bad news for traders monitoring onchain data for signs of a market revival. The number of daily transactions has been rising for months, suggesting that BTC is being used for more than merely speculative purposes. Daily trade volume remains sluggish, however, suggesting another bull cycle is still some way off. Also […]

The post BTC Transactions Hit 1-Year High But Volume Remains Sluggish appeared first on Bitcoin News.