Category: Trading
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Wall Street trades a significant portion of the market’s bitcoin futures
Data shows that the Chicago Mercantile Exchange’s (CME) Bitcoin futures traded $563 million in volume on Apr. 4th while the top 10 crypto exchanges traded $685 million, suggesting Wall Street is now trading a significant portion of the BTC futures market. CME Sees Massive Increase in Bitcoin Futures Trading Volume Related: Chicago Board Options Exchange…
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How some traders avoid bitcoin taxes using crypto loans
Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their bitcoin and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan industry has been growing rapidly. Crypto Loans and Tax Implications The ups and downs that have been synonymous with the crypto…
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Try Crypto Trading With Sim Games Like Altcoin Fantasy
Trading simulators offer newbies an opportunity to enter the crypto space and get a feel for the market without losing real money. A popular app that does that and more is Altcoin Fantasy. The crypto game can be installed on both Android and iOS devices or played online. Also read: How to Save Over 15%…
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Litecoin follows in bitcoin’s wake, touches $100
Litecoin saw breakout performance following similar pops from Bitcoin Cash and Bitcoin SV. However, after rocketing to $100 the price crashed back down to $73, with LTC now hovering in the high 80’s. Litecoin Soars (and Falls Back Into Line) Litecoin, the medium-of-exchange complement to Bitcoin, has experienced wild trading volatility within the last 24-hours.…
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Growing interest in BTC, Bitcoin transaction fees up over 500%
The explosion in BTC trading has caused transaction fees for the cryptocurrency to skyrocket. The latest blockchain data shows that Bitcoin transaction fees have increased over 500 percent since the start of the year, with many lower-fee transactions taking hours before being finalized. Bitcoin Transaction Fees on the Rise In the crypto industry, transaction speeds…
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Did a 20,000 BTC order push bitcoin’s price to $5000?
Yesterday, bitcoin’s price hit 5-month highs over the course of an hour—surging from $4,200 to $5,000. Was a 20,000 BTC order, worth approximately $100 million, the catalyst that triggered bitcoin’s breakout? Bitcoin’s Sudden Price Jump Yesterday at 21:30 PT, bitcoin suddenly accelerated from $4,200 to $5,000 within 50 minutes. The sudden jump in price was…
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BTC forks post astronomical 24 hour gains, Bitcoin Cash up 60%, Bitcoin SV jumps 40%
Forks Bitcoin Cash (BCH) and Bitcoin SV (BSV) have posted astronomical gains following Bitcoin’s run up to $5,000. After getting decimated by the hash wars following BSV’s split from BCH, it appears that the bull trend has revitalized the two projects. Within the last 24 hours, bitcoin accelerated from $4,200 to $5,000 within 50 minutes.…
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Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
The first quarter of 2019 has ended and things are starting to look much better for digital assets this year. Bitcoin cash (BCH) prices touched all-time highs for 2019 during the end of Q1 and the network’s overall strength has improved a great deal since the fork last year. Also read: Broken Phone? Don’t Sweat…
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DASH is up 32.4 percent in the past month, protocol update on the way
The price of Dash (DASH) has seen a sustained month of growth, up from $84.0 to $111.2—a 32.4 percent increase. The upwards movement may be attributed to a variety of positive news around the project, including a line-up of technical innovations slated for the protocol’s next update. This compares to growth in the overall cryptocurrency markets…
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CoinMarketCap Admits Reports on Fake Exchange Volume Valid, Adds Data Transparency Features
CoinMarketCap, the leading cryptocurrency market data aggregator, has responded to the report recently published by Bitwise which showed evidence of fake volume reported from exchanges. The aggregator confirmed the concerns raised in the report are “valid” and has announced plans to integrate new features into the website that would help bring more transparency and accuracy.…