Category: Trading
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Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air
Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have regained a…
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Has the uptrend changed for Stellar, Neo, Cardano, Tezos, and Qtum?
The latest altcoin technical analysis suggested that a correction was on the horizon following a market-wide surge. Now, it looks like the market is, in fact, retracing before there is a continuation of the bullish trend. Stellar In a matter of six days, Stellar moved up 58 percent to shape the right shoulder of the…
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Local.Bitcoin.com Aims to Spread Economic Freedom Through P2P Exchange of BCH
On June 4, Bitcoin.com is launching a peer-to-peer marketplace called Local.Bitcoin.com that will allow users from around the world to buy and sell bitcoin cash (BCH). Now crypto enthusiasts and traders can create a pre-launch account to explore the trading platform and create orders on the exchange in advance. Also read: Bitcoin.com Celebrates 4 Million…
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Another trade on Binance goes wrong, user allegedly pays $100,000 for 1 litecoin
In what is now the second publicized transaction gone wrong on Binance, an anonymous trader paid almost $100,000 for a single litecoin. Just days ago, another user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. The exchange is yet to respond. PAX brings bad…
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Markets Update: Crypto Prices Continue to Gather Bullish Momentum
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20…
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Altcoin outlook: ethereum, XRP, bitcoin cash, litecoin, EOS technical analysis
Over the last three weeks, Bitcoin decoupled from the overall crypto market, with the coin’s market cap over 60 percent. In fact, at the time of press, Bitcoin’s dominance is 60.15 percent. Yet, some traders expect major altcoins to begin breaking out to counteract the rise in BTC’s dominance. Technical analysis of the top five…
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Indian Crypto Traders Undeterred by Ban Rumor
The Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to news.Bitcoin.com that their trading volumes have been increasing despite this report. Meanwhile, experts have weighed in on this possible bill, and another crypto exchange may be shutting…
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Altcoins post double-digit gains as bitcoin accelerates past $7,000
Altcoins across the board—including Ethereum, Bitcoin Cash, Litecoin, EOS, and Binance Coin—are surging as Bitcoin makes its ascent past $7,000. Altcoins depreciate as bitcoin surges Altcoins have been hemorrhaging capital as bitcoin climbed from $5,687 on May 7 to $6,343 on May 11—an 11.5 percent increase. The relationship is visible when looking at overall market…
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Markets Update: Crypto Bulls Outpace Stocks and Gold
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over the last 24 hours produced a…