Category: Markets and Prices

  • European P2P Trade Posts Strongest Activity Since March 2018

    European P2P Trade Posts Strongest Activity Since March 2018

    In recent peer-to-peer (P2P) market action, Latin American Localbitcoins trade has continued to show strength after producing record volume last month. In other news, P2P trade between the euro (EUR) and BTC has posted its strongest volume in 10 months. Also Read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay European and South American Localbitcoins Markets…

  • $15.4 Billion of New Cryptocurrency Value Was Created During 2018

    $15.4 Billion of New Cryptocurrency Value Was Created During 2018

    A report recently published by Diar has estimated that nearly $15.42 billion of value was added to the market capitalization of the combined cryptocurrency markets in the form of newly created tokens and crypto asset inflation during 2018. Also Read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 12 Percent of Current Crypto Market Cap…

  • OTC Desks Proliferate as Volume Shifts From Spot Markets

    OTC Desks Proliferate as Volume Shifts From Spot Markets

    While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that over-the-counter (OTC) markets are now attracting increasing liquidity, with a number of prominent cryptocurrency exchanges entering the OTC space. Additionally, several major existing OTC desks have recently spoken of experiencing significant growth in trade volume.…

  • Current Crypto Bear Market Set to Become the Longest Ever

    Current Crypto Bear Market Set to Become the Longest Ever

    The market downturn that has prevailed since early 2018 is now within weeks of becoming the longest winter in the history of the cryptocurrency markets. Despite being on course to become the longest downtrend in BTC’s annals, the current market has produced the weakest drawdown of the three major bear trends experienced by BTC so…

  • Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

    Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

    Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months  Huobi DM Cumulative Trade Volume Doubles in 2 Weeks Huobi Derivative Market…

  • Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months

    Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months

    Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Russian P2P Markets Post Strongest Trade in 19 Months During the…

  • Demystifying Bitcoin Futures Trading

    Demystifying Bitcoin Futures Trading

    Bitcoin is still a young and inefficient market, as evidenced by its many peculiarities. For example, contracts for bitcoin futures on the Chicago Board Options Exchange (CBOE) have been trading in backwardation, which means contracts with a later expiration are trading consecutively lower. This is not a bearish indicator for prices, however, analysts explain. Also…

  • Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

    Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

    The Latin American peer-to-peer (P2P) cryptocurrency markets have a seen a significant spike heading into 2019, with the Colombian, Peruvian, and Venezuelan Localbitcoins markets posting record volume when measuring in both fiat and BTC. The Argentinian, Dominican, and Mexican markets also posted record volume for P2P trade in recent weeks. Also Read: 9 Cryptocurrency Firms Sue Washington…

  • UTXO Analysis Points to a BTC Price Bottom in Q1 2019

    UTXO Analysis Points to a BTC Price Bottom in Q1 2019

    “When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could…

  • Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

    Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

    The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH)…