Markets

The past 24 hours have seen almost $1.5 billion in liquidated positions. This is the total for both long and short trades, as Bitcoin’s price went on a rollercoaster.$1.5 Billion LiquidatedCryptocurrency trading has a certain allure to it. After all, in the past 24 hours, we saw Bitcoin’s price go from $40,000 to $36,000 and back above $41,000. The same is true for many other cryptocurrencies.This rampant volatility creates opportunities for serious gains in a short amount of time. However,...

Every forex trader needs a platform. Without one, you won’t be able to connect to the forex market to start trading.  If you search for forex trading platforms, you’ll likely come across a variety. However, the problem you can face is determining which platforms are regulated and trustworthy over the others.We made a list of the best five online trading platforms for Australian traders. The following list is of regulated and trusted brokers and platforms that can help you make the most of...

To say that the past 24 hours have been exciting would be a massive understatement. Bitcoin, as well as most of the cryptocurrency market, experienced one of the most tumultuous trading sessions after setting a new ATH above $40,000, crashing by $4,000 and surging back to chart a new high at around $41,000.Bitcoin’s price goes up again. It doesn’t seem to have any intentions of slowing down. Dips are being bought at an unprecedented rate as the price continues to appreciate.Just a few moments...

Bitcoin’s highly volatile price performance continued in the past 24 hours after breaking above $40,000 to a new all-time high and a subsequent massive drop beneath $37,000. Most alternative coins have retraced following the latest rally and have increased BTC’s dominance to about 70%.Bitcoin Falls After The $40K ATHApart from a brief dip beneath $29,000 on Monday, the primary cryptocurrency has been on a roll since the start of the year. Bitcoin bounced off immediately from the drop,...

Bitcoin cash price started a strong increase above the $400 resistance against the US Dollar.The price surged towards the $500 resistance and settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase as long as it is above the $420 and $400 levels in the near term.Bitcoin cash price started a strong increase above $400 against...

Bitcoin has been on a massive surge over the past few weeks. At the time of writing, the asset has reached a new all-time high of more than $35,000, putting 2017’s price of just over $19,000 to complete shame. The fact is that the price of bitcoin is near double what it was three years ago, and the currency is now trading at a level that few analysts ever saw possible within this timeframe.Bitcoin Has Nearly Doubled Its Size in Three YearsBut there are many things that have been pushing...

Mike McGlone, Bloomberg’s Senior Commodity Strategist, believes that bitcoin appears as a better investment opportunity than gold as of January 2021. The intelligence analyst said that it’s more likely BTC to reach $50,000 per coin than retrace to the old highs of about $20,000.Bitcoin Better Than Gold?Bloomberg’s strategist is among the few mainstream analysts that had remained bullish on BTC even when cryptocurrency was struggling during the year-long bear market in 2018. When the asset has...

Following the latest price developments for bitcoin, the cryptocurrency’s market cap has entered the top ten assets by market capitalization. More recently, BTC has closed the gap with Elon Musk’s electric vehicle and clean energy company, Tesla.Bitcoin Nears Tesla’s Market CapThe cryptocurrency has been on a remarkable run since October 2020. It ended last year with gains of over 300% after finally managed to break above $20,000 and head into uncharted territory.So far, bitcoin has continued...

Having hit a new all-time high of $38,280, Bitcoin is now trading at around $37,950 showing a growth of more than 8% in the past 24 hours.The global cryptocurrency (crypto) industry has hit a new milestone in its market cap following the impressive rallies of the coins that make up the market. According to data from CoinMarketCap, the total value of the crypto market is now $1,032, 283014,172 and masked by such volatility that can send the value higher in a very short while.Crossing the $1...

The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called “altcoin-season” should be expected.For that being said, let’s take a look at some altcoins that are worth following these days.AavePhoto: Aave chart on TradingView.AAVE/USDT is following an...