Category: Markets and Prices
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How Have Bitcoin Futures Performed One Year On?
This time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no doubt that BTC futures trading has given some legitimacy to the asset class. Fast forward one year and there has been slow growth due to the…
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Former IMF Economist Mark Dow Closes $14K BTC Short
Mark Dow, a hedge fund manager and former International Monetary Fund economist, has publicly announced that he has closed his BTC short position. Based on his blog, it appears that Dow likely entered the trade when BTC was trading at around $14,000. Also Read: Canadian Crypto Exchange Coinsquare Now in 25 European Countries Mark Down Closes…
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BCH Leads the Way as Crypto Markets Brighten Up
One year to the day since reaching its all-time high, BTC did something it hadn’t done in a long time on Dec. 17 – it posted double digit growth. Over the last 72 hours, BTC has risen by over 20 percent, helping to drag the crypto market’s capitalization up by a total of $21 billion.…
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Only Sharks Will Feed on the Crypto Market’s Elusive Price Bottom
2018 was a year of market bull traps and sliding prices. Now, as the year comes to an end, many cryptocurrency traders have been discussing the elusive “price bottom” for their favorite digital asset. However, pro traders understand that catching a falling knife is difficult and that elusive market bottoms can disappear within the blink…
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A Look at Some of 2018’s Most Popular Cryptocurrency Traders
Cryptocurrency trading is a popular pursuit, as the fluctuation of digital assets provides plenty of profit-taking opportunities. The volatility gives expert traders enough room to pull in daily profits by carefully predicting price movements. Digital currency fans follow a slew of sophisticated traders online because they frequently publish technical analysis (TA) or short-term outlooks for…
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Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017
Despite the 2018 cryptocurrency bear trend renewing gleeful predictions of bitcoin’s demise from mainstream financial analysts, the leading crypto markets have dramatically outperformed the ‘FANG’ (Facebook, Apple, Netflix, and Google) stocks since the start of 2017. Also Read: Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018 FANG Stocks Up Between 25% and 115% Since…
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P2P Markets Report: Latin American Markets Continue to Post Record Volume
This past week has seen Latin American peer-to-peer markets continue to set records for trade volume. For the week ending Dec. 8, Argentina and Venezuela posted a new record for Localbitcoins trade when measured in fiat, while Colombia, Peru, and Venezuela also posted records for trade measured in BTC. Also Read: Zebpay Exchange Now Live in…
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Sentiment Analysis Service Predicoin Launches for Cryptocurrency Traders
Keeping abreast of cryptocurrencies means frequently browsing and interpreting vast amounts of content from various online sources. As the crypto markets expands and matures, information overload becomes a problem. Astute traders are increasingly seeking crypto-specific tools that can distill the noisy input data into quality insights. Predicoin is one such potential solution. Also read: Meet…
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Coinmarketbook Gauges Cryptocurrencies by Buy Support Rather Than Market Cap
A lot of cryptocurrency enthusiasts and market observers reference websites that measure the digital asset economy by market capitalization. Now there’s a new data website, Coinmarketbook.cc, that calculates a cryptocurrency’s buy support based on order books held on various exchanges. Also read: US Law Enforcement Wants Surveillance Tools for Privacy Coins ‘Market Cap is a…
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P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia
The heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. Globally, higher trade activity over the past two weeks has also driven the strongest volume since September 2017, with roughly 12,116 BTC changing…