Markets

Die Kryptobörse Bittrex bietet rund 200 Handelspaare an, was zu den größten Sortimenten an Kryptowährungen auf dem Markt gehört. Hintergrund zu Bittrex Die Exchange wurde 2013 mit Sitz in Las Vegas gegründet. Der Handel ist seit 2014 auf Bittrex möglich. Unter Fachleuten und Anlegern genießt die Kryptobörse ein hohes Ansehen allein schon wegen ihrer Gründer: Es handelt sich um ehemalige Mitarbeiter von Microsoft. Einer Regulierung vergleichbar mit...

The global financial markets have witnessed a multitude of roles for blockchain technology within the last few years. Popular cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and so on managed to dominate the volatile cryptocurrency market. Given this matter, many countries have banned entry into sports betting because governments cannot track all financial transactions. However, the advent of blockchain technology and legal cryptocurrency trading has allowed...

ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.460 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.425 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $1,700 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,420 zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...

Earlier today, the Constitutional Court of the Central African Republic (CAR) dictated it was unconstitutional to purchase citizenship, e-residency, and land with the government-backed cryptocurrency “Sango Coin.” As per a Reuters report, the Court said the market’s volatility hindered the crypto project’s feasibility. The price of Sango Coin has been declining since November 2021, four months after its launch. Sango Coin launched on July 21 of 2021. The move was a...

The Chicago Mercantile Exchange (CME) has announced the launch of euro-denominated Bitcoin and Ether futures in its marketplace. According to a press release from CME Group, Bitcoin and Ether Euro futures will each be sized at 5 Bitcoin and 50 Ether per contract.  Contracts will be cash-settled, based on the CME’s euro reference rate for each cryptocurrency. That means that they won’t deal in the exchange of actual Bitcoin or Ethereum.  “Our new Bitcoin Euro and Ether Euro...

Joshua Lim – Head of Derivatives at Genesis Trading – recently provided a breakdown of Bitcoin’s late underperformance against the rest of crypto.  He provided 2 metrics indicating that Bitcoin’s price is “heavy” relative to previous market cycles, followed by qualitative reasons for why this is the case.  Ethereum Outperforming Bitcoin Per a Twitter thread from Lim on Sunday, the first indicator of Bitcoin’s ‘heaviness’ is its performance against Ethereum. The ETH/BTC price...

Eric Wall, a creditor of Mt. Gox, confirmed that new reports swirling that 137,000 BTC sent to creditors would soon be dumped on the market are false. In a recent Twitter thread, Wall said the repayment system is not live yet. While addressing the rumors floating around across social media channels, the former CIO at Oslo-based crypto investment firm Arcane Assets said the payouts will also occur in tranches over months instead of offloading thousands of BTC all at once,...

Leading providers of corporate and business formation services in UAE, Virtuzone has partnered with Binance to accept cryptocurrency payments via Binance Pay. As per the official press release, Virtuzone aims to bring barriers to entrepreneurship by facilitating cryptocurrency payments for company setup. Creating more opportunities for global businesses in a bid to tap into UAE’s thriving startup community is another key focus area behind the strategic partnership. Binance...

[PRESS RELEASE – Please Read Disclaimer] Cryptocurrencies have massively outgrown the initial phase that started with Bitcoin’s inception over a decade ago, being close to mainstream adoption now and being utilized for payments as well as investments from millions of people. As such, finding the right spot to purchase them has become more critical than ever. While having several pros, centralized exchanges face a lot of criticism these days, especially with regulatory...