Bitcoin (BTC)

PrimeXBT is a good choice for traders seeking diversification thanks to the low fee structure that rewards those who take positions more frequently, or across many asset types. There are several factors that go into a proper risk management strategy.Any trader worth their salt very well understands the importance of planning and execution, which includes the timing of exits or entries with limit orders and setting stop loss or take profit orders at key levels.But one critical factor is often...

The Chicago trading floor is set to close on Friday, the 13th of March 2020, due to COVID-19 risks. The decision has been revealed by the CME Group.The Chicago trading floor is set close. Sources say that the operator of the floor CME Group indicated that it will close on Friday the 13th of March.The floor is reportedly being closed to reduce the risk of spreading the virus. Gatherings in large places pose a higher risk of spreading it. This is of course based on the advice of medical...

Bitcoin price has fallen down 23% today. Alongside, the whole crypto space has been affected in a similar way as coronavirus gets declared a global pandemicBitcoin price has shed over 23% to trade below $6,000 today. With Bitcoin being the mother of all crypto assets, all other digital assets have significantly lost a similar percent. This comes after the world health organization declared coronavirus a global pandemic, which has resulted in the United States President Donald Trump banning...

Bitcoin dipped to a low of $5,600 on BitMEX for a matter of minutes, while most cryptocurrencies note double-digit losses. The whole market is plummeting, as it recorded a loss of over $50 billion in only a few hours.Bitcoin Goes Below $6,000It’s safe to say that the largest cryptocurrency has seen better days. Bitcoin’s price just noted a severe plunge. Earlier today, BTC was knocking on the door of $8,000, but in a few violent red candles, it tumbled to $5,600 on the popular margin trading...

Ethereum fell by another 14% over the past 24 hours of trading as the cryptocurrency briefly slips to $160. This is a 35% drop over the past four days.The cryptocurrency dropped beneath the $190 support today, primarily driven by the new coronavirus financial crisis.Against Bitcoin, ETH broke beneath the previous strong support at 0.0247 BTC to reach below 0.0228 BTC.Key Support & Resistance LevelsETH/USD:Support:$165, $160, $152.Resistance: $171, $180, $190.ETH/BTC:Support: 0.0225 BTC,...

A group of anonymous Bitcoiners known as CoroHope has begun their search for a coronavirus vaccine. Although not authorized by the FDA, CoroHope is hopeful it might crack on the vaccine for the deadly COVID-19 virus.Following the devastating effect of coronavirus on humankind, a group of anonymous Bitcoiners known as CoroHope has taken into their hands the development of a vaccine. The group is being funded by well-wishers, although no transaction has been made through the address...

When Satoshi Nakamoto sat down to write the whitepaper of Bitcoin, he (or she) prepared precisely for today’s coronavirus situation.The idea of Bitcoin was born after the latest devastating real-estate financial of 2008. All experts were eyeing this day. However, over the past weeks, Bitcoin is attaching its value to the global markets. This, instead of branding itself as a real safe-haven asset.Yesterday, following President Trump announcement, including halting the flights to Europe for a...

Binance Futures has added Bitcoin as an option to be used as cross collateral. Traders are now able to leverage their BTC held on the Exchange wallet to borrow Tether (USDT) on the Futures platform.Binance Futures Cross Collateral Options Grow With BitcoinThe Futures platform of the leading cryptocurrency exchange by trading volume, Binance, announced earlier today on adding a cross collateral function for Bitcoin, in addition to Tether (USDT). By this move, the Binance Futures platform...

EOS price is facing an increase in selling pressure below $3.000 against the US Dollar.The price is testing the $2.850 support and it could extend its decline.There is a key declining channel forming with resistance near $3.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).An upside correction may perhaps face sellers near the $3.000 and $3.200 resistance levels.EOS price is back in a bearish zone below $3.200 against the US Dollar, similar to bitcoin. It seems like the...

Coronavirus is making big trouble.The number of U.S. cases has topped 1,000 and at least 104 countries have detected the disease that caused worry of fear.It took 3 years to bitcoin to grow from binary data to worth 1 USD while the virus took 3 months to spread over the world and have killed more than 4,000 people.The U.S. stock has seen a historical circuit breaker, showing that the stock market is less fluctuant than the cryptocurrency is a joke.However, bitcoin suffers as well. The prices...