Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...
Read More »Bitcoin Price Is Stagnant Despite Recent News: The Calm Before The Storm? (Market Watch)
Following yesterday’s $350 price lost for Bitcoin, the asset has remained relatively calm around $11,350. Most larger-cap altcoins have also seized the free-falls with Ethereum trading near $370 and Ripple above $0.24. Bitcoin Sits Tight Around $11,350 News broke out yesterday that police officers had taken away the founder of the popular cryptocurrency exchange OKEx. Although the company reassured users that funds are safe on the platform, the negative news had an immediate...
Read More »Analysts: Bitcoin Is Now in a Much Better Place
It looks like the bitcoin price is at its highest point since early September, and the bearish markings left over by that month are finally starting to dissipate.Bitcoin Has Beaten Its Present ResistanceThe currency saw its price fall into the low $10,000 range roughly 45 days ago, but now things are beginning to pick up speed. Naturally, many analysts and industry experts are beginning to go back and forth regarding what could potentially be bringing life back to bitcoin. Joe DiPasquale –...
Read More »Crypto Price Analysis & Overview October 16th: Bitcoin, Ethereum, Ripple, Waves, and Ren
Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided by a 1.272 Fib Extension). Today, with the announcement that OKEx had halted their withdrawals, BTC took a tumble. It spiked into the support at $11,200 –...
Read More »New Report By e-Toro Dispels Several Myths About Cryptocurrencies
A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...
Read More »Exchange-Custodied Bitcoin DeFi Outperforms Trustless Solutions
Although the Bitcoin blockchain lacks the infrastructural model to enable interoperability and power a DeFi landscape like Ethereum, the asset is increasingly being used to provide liquidity in the DeFi market.Without any doubt, the Ethereum blockchain remains the core foundation of the DeFi narrative due to the ever-growing network of applications and developers relying on its infrastructure to power innovative financial systems. Hence, for a while, it was almost impossible for crypto...
Read More »Börse Stuttgart Digital Exchange führt Handel mit Ethereum, Litecoin und XRP ein
Börse Stuttgart Die Börse Stuttgart Digital Exchange (BSDEX) ist Deutschlands erster regulierter Handelsplatz für digitale Vermögenswerte. Zusätzlich zum Währungspaar Bitcoin/Euro hat die BSDEX nun den Handel von Ethereum, Litecoin und XRP gegen Euro eingeführt. Ebenfalls neu ist die Möglichkeit, Ethereum, Litecoin und XRP aus einer privaten Wallet zur BSDEX zu übertragen. Die...
Read More »Near-Doji Day for Bitcoin, Modest Correction in Ethereum
On Wednesday, 14th October, BTC/USD was trading in the price range between $11,430 and $11,568.Bitcoin Takes a Day Off in VolatilityStarting at 11,436, BTC/USD advanced slightly to $11,500. Then the pair was trading mostly sideways until 13:00 UTC, when a moderate spike to the day’s high at $11,568 followed. However, the gains were very short-lived and retraced back down to $11,420 in the next hour. Later in the day, the pair slipped to $11,325 but bounced off the day’s lows to $11,429 at the...
Read More »Over 60% Of All ETH Hasn’t Moved In More Than A Year: Will Ethereum 2.0 Change That?
Ethereum investors prefer to HODL their assets, according to recent data. About 60% of all ETH tokens haven’t moved in at least one year. The question remains how and if this trend will change in the following months after the launch of the long-anticipated Ethereum 2.0, enabling investors to stake their ETH holdings. ETH Investors In HODLing Mood The “Hold Wave” chart provided by the analytics company Glassnode displays a macro view of how long a given coin is held before...
Read More »Bitcoin Price Stalls At $11,400 While Altcoins Mark Minor Losses (Market Watch)
Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional economic stimulus. In the past 24 hours, BTC initiated a leg up towards its daily high of $11,550 (on Binance)....
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