Markets

Bitcoin went through a significant price surge in the past month, jumping from $9,000 to about $12,000. By heading into five-digit price territory, this 33% increase has many people speculating that the primary cryptocurrency may be too expensive, and the train has left the station.However, looking at Bitcoin’s pre-programmed deflationary mechanism and several macroeconomic factors, the asset’s price may actually be (still) cheap.Before we begin, let’s face some sizing facts. As of writing...

The open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.Chicago Mercantile Exchange’s (CME) Bitcoin futures see rising institutional interest as more investors turn towards Bitcoin to hedge potential inflation risks. The CME Bitcoin Futures open interest has topped $800 million making it...

Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...

The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...

This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...

Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...

Seit Binance die bekannte Webseite Coinmarketcap gekauft hat, tut sich einiges. Neben der Einführung einer Trollbox, alos einer Chat-Funktion für spezifische Themen und Coins, schaltet nun Coinmarketcap auch Lernprogramme auf. Und es ist offensichtlich, dass sich Coinmarketcap dabei von Coinbase Earn abgekupfert inspirieren lassen hat. Denn wer diese Minikurse mit einem richtig gelösten Quiz abschliesst, kann dabei Token verdienen. Priorität hat für Coinbase der...

BitMEX revealed plans to begin ID verification by the 28th of August. Users are expected to complete the process within six months.BitMEX has announced plans to mandate ID verification for all users. The ID verification programme will begin on the 28th of August as traders will have to provide proofs of location, amongst other things. With the latest development, BitMEX aims to provide a more secure and reliable trading environment for users.BitMEX trading platform enables investors to have...

Governor Lael Brainard in his speech yesterday, August 13, has updated the state and status of the digital currencies in the U.S.The Federal Reserve is conducting researches on the development of digital currencies, including Central Bank Digital Currencies (CBDC) in collaboration with MIT and other state Federal Reserve Banks. Mrs. Brainard also underlined that China has progressed aptly in development of the local stablecoin.The news has impacted the crypto market rapidly, Bitcoin closed at...

Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...