Author: Urban
Page: 53
Augur Surges 35%, Low Bitcoin Voume May Lead to Short-Term Drop
Over the past week, the volume of bitcoin has dropped from $5.5 billion to $3.5 billion, subsequent to a surge in the bitcoin price from $6,800 to $7,500. 36% Drop in Volume In seven days, the volume of bitcoin has dropped by 36 percent, by more than $2 billion. The volume of ether, the native […]
Hedge Fund Billionaire & Citadel Founder Ken Griffin Blasts Bitcoin
At the recent CNBC institutional investor Delivering Alpha Conference, Ken Griffin openly expressed his opinion against the digital assets. While Griffin’s words may be turning a few heads, this is not the first time the billionaire spoke ill of cryptocurrency. Griffin Has Always Been Very Clear in His Dislike of Bitcoin Back in December, when bitcoin surpassed […]
Bitcoin Opinion: The Bulls Are Back In Town
On my last piece during the previous week, I analysed how the northern hemisphere summer time is usually kind on Bitcoin. Of course there was the 2011-2012 exception, when the entire market was bearish for almost 2 years in a row, but let’s ignore that for now. If we enter a dry season there is […]
CME Bitcoin Futures Daily Volume Spikes 93% in Q2 2018
CME Group’s bitcoin futures average daily volume spiked 93% in the second quarter over the previous quarter, while open interest posted a 58% increase, the company noted on Twitter. Average daily volume jumped from 1,854 in the first quarter to 3,577 in the second quarter, while open interest rose from 1,523 to 2,405 in the same […]
0x Gains 12% and Tokens Rise During Volatile Cryptocurrency Markets
The crypto market has been extremely volatile over the past 24 hours, especially small tokens and digital assets, possibly due to the decline in volume in the past week. Bitcoin’s Weird Movements Yesterday, on July 21, the price of bitcoin surged from $7,400 to $7,600 in a span of 10 minutes, with a spike demand […]
Worst Not Yet Over for Bitcoin Price: BitMEX CEO Arthur Hayes
Seems like that anticipated trip to the Lambo dealership will have to be put off for later. According to the co-founder and CEO of Bitcoin Mercantile Exchange, Authur Hayes, the rally that bitcoin has experienced this week was accompanied by healthy volumes, making it possible for higher levels to be reached. However, prices could reverse and […]
Tron Price (TRX) Still Going Down, But Technicals Show Positive Future
The Tron price (TRX) lost a good deal of its value over the last three days. On Friday, July 20, Tron is trading at $0.0349, losing around 8% in 24 hours. Technically, TRX is trading within a range on D1, with the major support at $0.0230, and the resistance at $0.1004. In the midterm, Tron […]
CoinMarketCap Removes Volume Requirements for Cryptocurrency Exchange Listing
Cryptocurrency data aggregation site CoinMarketCap has removed volume requirements for exchanges listed on its platform, citing concerns over data transparency and clarity. The platform, the 276th-most popular website according to Alexa, made this announcement in a blog post, responding to a barrage of criticism that exchanges have been gaming its statistical algorithms to get listed more easily and […]
Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum
Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as […]
Crypto Market Makes Minor Retreat Post-Rally, Ether and Bitcoin Cash Down 5%
After adding more than $20 billion within a 30 minute period, the crypto market has declined in valuation, led by the 5 percent drop of ether and Bitcoin Cash. Over the past 24 hours, the price of Bitcoin Cash, ether, Ripple, and EOS dropped by 4 to 6 percent, while bitcoin remained stable in the […]