Tag Archives: bitcoin price

Cryptocurrency investment fund Galaxy Digital and over-the-counter (OTC) trading firm XBTO announced they have managed to organize the first block trade ever of Bakkt’s Bitcoin futures contract.In the announcement, Bakkt’s parent company, Intercontinental Exchange (ICE), said the deal is done but hasn’t disclosed any further details (as price or size). Trabue Bland, President of ICE Futures U.S said that since it launched last week, the Bakkt Bitcoin Futures has achieved several milestones,...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD Tech AnalysisBTC demonstrates the worst result of all cryptocurrencies this weekBank of Canada thinks the BTC to be inefficientOn W1, the Bitcoin quotations have escaped the Triangle and keep declining inside the correction channel. Now, the quotations are between 50.0% and 61.8% ($7350.00) Fibo and may continue declining to 76.0% ($5860.00). A breakaway of the resistance level at $9850.00 may signal the end of the...

Delphi Digital has issued a new report suggesting why the bitcoin price could potentially spike to new heights over the coming months. At the same time, the report also acknowledges some of the bearish trends that could possibly take precedence. If this were to occur, bitcoin could ultimately fall to new lows.Delphi Digital Is Split When It Comes to BTCAt press time, everyone’s favorite cryptocurrency is trading for over $8,200, thereby showing slight improvement over the past few days. The...

One of Germany’s biggest banks, Bayern LB, has just published a report where it pitched Bitcoin against gold, with a very bullish conclusion. According to the Munich-based bank, Bitcoin price will hit $90,000 by 2020, more than 4 times its current all-time high and per the report, the bank believes that Bitcoin will do much better than gold, especially after the upcoming halving next year.In the report titled “Is Bitcoin outshining gold?”, Bayern LB considers the stock-to-flow (SF) ratio. The...

Last week, the Intercontinental Exchange (ICE) launched its regulated Bitcoin Futures contracts. While there was a lot of buzz before the launch, Bakkt failed to make an impact on the market.The Bakkt futures contracts saw very lukewarm response from investors. With one week since its launch, the Bakkt futures contracts have just $5 million in total trading. Bakkt’s Bitcoin futures contracts come in two options – daily and monthly settlement. The daily contracts settlements have received an...

What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....

Photo: Band Protocol / MediumBand Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app. The news follows Band Protocol’s announcement about going live on Ethereum mainnet.2/ Another key highlight today is the launch of BitSwing Mainnet, which represents a perfect example of dApps made possible with $BAND oracle.?Available now on: https://t.co/I5Phc78KEb— Band Protocol (@BandProtocol) September 30, 2019Features of BitSwingCalled BitSwing,...

While today the crypto markets are starting to look a little alive and is seeing a somewhat green pattern, Tom Lee from Fundstrat tweeted a sort of reminder about the rule of 10 best days. He says that the majority of Bitcoin gains come in the ten best trading days. According to Lee, this only happens once a year. Moreover, he claims that when these ten best trading days are excluded, Bitcoin sees a -25% per year. More specifically, in the last bull run of 2017 Bitcoin saw an unbelievable...

After quite a long period of incubation and regulatory pursuits, the Intercontinental Exchange (ICE), eventually launched its Bakkt’s Bitcoin futures contracts last week. The platform had always been heralded as the main ingredient that will serve as the proper Bitcoin catalyst but has failed so far. In fact, a day after Bakkt officially launched, Bitcoin shed almost 20% of its weight and dropped to $8,000 price level for the first time in months.Now Bloomberg reports that analyst from...

At press time, the number one cryptocurrency by market cap – bitcoin – has fallen below the $8,000 mark yet again and is currently trading at approximately $7,950.Bitcoin: It’s Ugliest Week in a Long TimeThe currency has had a rather ugly week, falling by more than 22 percent in just a matter of days. The trouble started last Wednesday when the currency dropped from the mid-$9,000 range to about $8,100 in just a matter of minutes. From there, the currency struggled to pick itself back up,...