Category: N-Markets and Prices
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Markets Update: Leading Markets Break ATH Descending Trendlines
BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines…
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Singaporean and Eastern European P2P Markets Post Record BTC Volume
Several markets have seen spikes in peer-to-peer (P2P) volume, with the Kazakh and Singaporean Localbitcoins markets posting their second strongest weeks on record. Polish P2P trade also increased this past week, with volume reaching a 14-month high. Also Read: Leaked Documents Suggest Mt. Gox Trustee’s Bitcoin Sales Impacted Market Prices Singaporean P2P Trade Sees Spike The…
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Markets Update: Traders Patiently Wait for Crypto’s Longest Bear Run to End
Cryptocurrency prices have been seemingly stable lately as there hasn’t been much volatility in the last two weeks in either direction. The overall market capitalization of the entire crypto economy has lost about $4 billion since our last markets update and global trade volumes are much slimmer than weeks prior. Also read: Properties Are Still Being…
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Markets Update: Most Cryptos Consolidating
The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem…
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January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume
The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar…
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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…
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Markets Update: Top Crypto Assets Open 2019 With Slow Month of Trading
The leading cryptocurrency markets have seen a slow start to the year, with the top three markets by capitalization shedding between 10% and 37% since early January’s local highs. January has also seen volatility in market cap rankings, with XRP and ETH competing for the second largest crypto asset capitalization, and EOS, USDT, and BCH…
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Markets Update: Consolidation Continues as Traders Wait for a Breakout
On Sunday, Jan. 27, a vast majority of cryptocurrency markets have seen sideways consolidation as prices have been following a narrow range for over a week. A few major digital asset markets have seen decent gains this week, but most crypto prices remain tight as traders await a strong breakout. Also read: Bloq Labs Reveals Software…
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$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…
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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…