Category: Markets and Prices
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Satis Predicts Market Cap of Cryptocurrencies Exceeds $1 Trillion in 2021
Initial coin offering (ICO) advisory firm, Satis Group, has published a report detailing a number of predictions for the cryptocurrency industry – estimating that the total market capitalization of all combined virtual currency markets will reach nearly $3.6 trillion USD by 2028. Also Read: August Markets Report: Heavy Selling Across Leading Crypto Markets Satis Predicts $500…
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August Markets Report: Heavy Selling Across Leading Crypto Markets
Looking at the monthly charts, the leading cryptocurrency markets experienced heavy selling during August – with the top five crypto markets falling by between 10% and 35% from the start of the month when measuring against USD. Also Read: August 2018 Volume Rankings Report: ETC and Dash Top Ten BTC Produced Tightest Monthly Candle of 2018…
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August 2018 Volume Rankings Report: ETC and Dash Top Ten
During August, the monthly volume posted by the majority of leading cryptocurrency markets continued to decline. Despite such, the ETC and Dash markets again defied the trend to post an increase in trade volume, with XRP also bucking the downward trend this month. Also Read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Top…
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Meet the New Sentiment Analysis Tools Empowering Smarter Trading
The field of sentiment analysis (SA) is evolving rapidly. Since news.Bitcoin.com last covered the subject in May, two new platforms have emerged, each claiming to offer smarter tools to facilitate more informed trading. Gathering accurate sentiment from the web and then using it to create actionable insights is a complex task, but the developers behind…
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Markets Update: BTC Consolidates Around $7K After Breaking Trendline
The cryptocurrency markets are consolidating today, following BTC’s recent break above the major descending trendline dating back to December’s all-time highs and subsequent rally to approximately $7,150 USD. Also Read: Reserve Bank of India Anticipates Shift to P2P Crypto Trading BTC Consolidates Around $7,000 After Short Squeeze and Broken Trendline The BTC markets appear to be…
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Synthetic Bitcoin Is 100x More Lethal Than the Real Thing
Derivatives trading isn’t new, but it’s been enjoying a renaissance of late. As the cryptocurrency market has traded sideways, traders have upped the leverage and rushed to swap BTC derivatives that promise greater risk and reward. While platforms like Bitmex and Deribit have profited from the boom in synthetic assets, many traders have been left…
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Markets Update: Cryptocurrencies See Some Small Gains This Weekend
Over the past few days, a good portion of cryptocurrency assets have been increasing in value. In fact, this Saturday, August 25, 19 out of the top 20 digital assets have seen gains in the past 24 hours. Today the total market capitalization of the entire crypto-economy is around $219B USD with about $10.88B in…
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Markets Update: Record Shorts Drive Short-Lived BTC Squeeze
The BTC markets rallied today, with a minor short squeeze quickly driving the price up by more than 5% in less than half an hour. The move, however, may have been short-lived, with both volume and price action failing to have gathered further momentum following the sudden spike. Also Read: Apple Co-Founder: Crypto World “Like the…
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Theories Abound After BTC Leaps While Bitmex is Down
It’s been an interesting 12 hours for BTC, with the cryptocurrency finally breaking through resistance levels. Most of the drama took place within the space of just a few minutes, when BTC gained $400 without blinking. It is no coincidence, however, that the event took place just as the popular cryptocurrency exchange Bitmex went offline.…
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P2P Markets Report: Record-Breaking Volume Across VEB, ARS, and PHP Markets
The peer-to-peer BTC markets of numerous emerging markets have witnessed significant action this past week, with the Localbitcoins markets of Venezuela, Argentina, and the Philippines posting record weekly fiat trade volume. The P2P markets of Tanzania and the Dominican Republic also saw notable surges in trading activity. Also Read: Huobi Launches Partner Exchanges in Russia, Philippines,…