Category: Trading

Does Bitcoin’s increasing hash rate correlate to BTC price?

Since its inception in 2009, Bitcoin’s price rise has been controversial across mainstream media. While most publications dismiss the virtual currency as highly volatile and random, certain data sets prove the price movements can be traced to a popular metric. Using data from Blockchain.com and superimposing price history to check for trends, a Reddit post…

April 24, 2020
Bitcoin OTC trading just became easier with a new quote tool from BTSE

Cryptocurrency derivatives exchange BTSE has announced the launch of a new tool that will make it easier to access OTC trading on the platform. In a press release shared with CryptoSlate, the company said that the Request for Quote (RFQ) tool will allow traders to obtain a quote on a fixed price before purchase, enabling…

April 23, 2020
Popular crypto derivatives exchange FTX launches oil futures—here’s what this means for crypto

FTX, one of the fastest-growing crypto derivatives exchanges in the world, has announced the launch of crude oil futures that expire to the spot price of WTI crude oil plus $100 dollars. The fact that the product comes at a time when oil prices touched negative has instilled a new kind of confidence in the…

April 22, 2020
Making Money on Lockdown: 5 Effortless Ways to Earn Cryptocurrencies Online

The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again. While people are out of work…

April 19, 2020
Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR

Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading…

April 16, 2020
‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto

The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former anti-virus software tycoon also stressed to the public on…

April 14, 2020
Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are…

April 7, 2020
Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange

The move follows a similar listing on the KuCoin exchange and will drive further usage of cryptocurrencies as the innovative Sensorium Galaxy platform is set to attract millions of users worldwide. Los Angeles, 06 April, 2020: Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrency…

April 6, 2020
Amount of BTC held by BitMEX dropped 22% in two weeks

The amount of Bitcoin held by crypto exchange BitMEX has drastically dropped in the past two weeks after the exchange experienced a massive liquidation spiral on Mar. 13. According to data from CoinMetrics, BitMEX currently has around 244,000 BTC, a 22.5 percent drop from its 315,000 BTC peak on Mar. 13. BitMEX sees its Bitcoin…

April 1, 2020
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over…

March 30, 2020