Markets

Amid the last days of 2021, Bitcoin is struggling around the $50K price area. The primary cryptocurrency is facing a huge options expiration event on the last day of 2021; hence, the next days are expected to be volatile. Option Market Analysis This Friday, 31st December, about $5.7 B worth of bitcoin’ options contracts will expire on Deribit Exchange. The notional value of all expirations is approximately $10.7B. So comparing to 31 DEC‘s notional value, we can call it a...

After nearing $52,000 earlier this weekend, bitcoin has lost some ground but still stands around the coveted $50,000 mark. The altcoins are untypically calm, with ETH close to $4,000. In contrast, MATIC is up by more than 6% on a daily scale. Bitcoin Down to $50K Just days before Christmas, the primary cryptocurrency had dropped to $48,000 after failing to overcome $50,000. However, the bulls came to play at this point and pushed the asset north. In the following hours,...

Kris Marszalek, the CEO of popular cryptocurrency exchange CryptoCom, slammed data aggregating resource CoinMarketCap for misreporting their trading volume. In a tweet on Christmas Day, the CEO of CryptoCom slammed CoinMarketCap for failing to report their trading volume accurately. Merry Christmas to team CoinMarketCap who, a week after my response to their poorly worded tweet, arbitrarily reduced our exchange ranking to 14th. We are 2nd/3rd on CoinGecko, so you guys know...

[PRESS RELEASE – Tortola, British Virgin Islands, 21st December 2021] Transient Network, a Smart Contract Global Marketplace, has joined hands with GameScorekeeper, a leading eSports solutions provider that tracks and captures data from all major and minor leagues and tournaments in League of Legends, Counter-Strike: Global Offensive, Dota 2, Valorant, Honor of Kings, Arena of Valor, and Overwatch. It covers more than 100,000 esports matches per year. Transient is building...

Despite retracing after the latest two-week high by several hundred dollars, bitcoin has remained above $50,000. Most altcoins are also slightly in the red following yesterday’s gains, with a few exceptions, such as Bitcoin Cash ABC, which is up by 50%. Bitcoin Maintains $50K Following a few consecutive weeks of consistent price drops, bitcoin finally initiated an impressive leg up yesterday, in which it broke above $50,000. Moreover, the cryptocurrency kept going upwards in...

Reflecting on the past year, 2021 has been great for Bitcoin and the cryptocurrency market. It even saw the birth of two BTC futures ETFs in the States, but with just a week remaining until the end of it, American investors might not see spot one. SEC in no Mood for Spot Bitcoin ETFs According to the official document, the SEC rejected physically-backed Bitcoin ETFs proposed by Valkyrie and Kryptoin. The regulator cited similar market manipulation concerns while referring to...

There haven’t been many positives to look happily upon when we reminisce about the past two years. But, unfortunately, aside from the seemingly never-ending global pandemic, numerous other events have disrupted things. However, there is a bright spot coming toward us as we look ahead, and that is GreenCoin.AI. Cryptocurrency and fitness are two of the hottest topics going on right now. Both get people talking online and with friends. And with a new crypto ready to hit...

Christmas Eve is upon us, and it’s a green one. The overwhelming majority of cryptocurrencies are trading well in the green today and, as a matter of fact – throughout the entire week. Let’s kick it off with Bitcoin. BTC’s price was trading at around $46,000 this time last week. We saw the first bullish attempt on Sunday, but the price was rejected above $48K and retraced back to $46K. Then, things started looking positive, and bitcoin started climbing towards $50K. It had...

The bitcoin price had recently reclaimed the $50K mark, topping a 16-day high. Reviewing the last year’s significant corrections, we can find an interesting pattern in the daily time frame; Breaking above the 20-day MA line and closing a candlestick above has frequently led to an upward trend. This pattern has been repeated six times but failed twice. The first failure was due to the fact that the market was already overheated. The second failed incident was due to FUDs...

Another year has passed, and we saw a number of exciting trends come and go in the cryptocurrency market. One that surely had a long-lasting impact is the trend of memecoins led by none other than Shiba Inu (SHIB). New research conducted by Global Data reveals that the social media conversations, including Shiba Inu (SHIB), have increased by a whopping 16,000% in 2021. By this metric, the meme-inspired cryptocurrency and self-proclaimed Dogecoin killer dwarfs every other coin...