The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...
Read More »Coronavirus: Will Gold and Bitcoin Prices Rise as 2nd City in China Blocked?
Officials of China reported about 11 deaths and more than 500 people infected by the virus. The city where 11 million people are living, had its central market as the primary source of the virus. One of the city residents said to BBC journalists that ”the atmosphere there felt like the end of the world”.Many Chinese folks continue traveling around the country during the holidays. Also, people in Belarus, Saudi Arabia, Singapore, and Vietnam reportedly have been visiting doctors in regards to...
Read More »Bitcoin Price Returns Beneath $8,500 Level, Solid Barrier Accelerates Sell-off
Bitcoin price is presently trending at the level of $8,419 (+ 2.38% daily). The crypto is on track in the framework of a strong bearish trend amid growing volatility. The intraday low is recorded on the level at $8,371.The cryptocurrency market returned to minus, losing the insignificant profits achieved on Wednesday. The total crypto assets struggle with losses from 1% to 6%. Bitcoin returns to a mark beneath the $8,500 level (support of last week). Before the continuing bearish activity,...
Read More »Bitcoin Price Is Declining, BTC Is Trading Below $8,500 as Correction Is Developing
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBTC miners earned $5 billion in 2019In the Bitcoin network, a $1.1 billion transaction took placeOn W1, the Bitcoin quotations return to the previously broken resistance level of 50.0% Fibo. Such a pullback should be interpreted as short-term, meant just for testing the positions taken from above. In the mid-term, the quotations are growing to the resistance line of long scale at $11500.00.At the same time, the Stochastic...
Read More »#797 Ripple Zusammenarbeit US-Regierung, 3 Coins korrelieren am wenigsten mit Bitcoin & Petro Localbitcoins
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 797. Heute sprechen wir über folgende Themen: Ripple Zusammenarbeit mit US-Regierung, diese 3 Coins korrelieren am wenigsten mit Bitcoin & Petro wird auf LocalBitcoins zum halben Preis verkauft. 1.) Ripple Zusammenarbeit mit US-Regierung? – Garlinghouse optimistischhttps://cryptomonday.de/ripple-zusammenarbeit-mit-us-regierung-garlinghouse-optimistisch/ 2.) Binance Report: Diese drei Krypto-Assets korrelieren...
Read More »Total Newbie Guide on How to Invest in Cryptocurrency
It might seem like cryptocurrencies are going up and down recently, but the truth is that they still are incredibly popular, and attract millions of investors. Everyone is expecting another huge boom of Bitcoin and other digital currencies, which is why now is the right time to start investing.If you have the cash to spare, you have two options. The first one is to have fun and spend it on buying gadgets and playing games. If you choose the latter, read Platinum Play Casino review, and check...
Read More »Ripple’s XRP Has Been Officially Added by Bitpay for Thousands of Merchants
In October 2019, blockchain payment company BitPay announced the support for XRP. XRP now is the world’s third-largest cryptocurrency by market capitalization. At the time of writing, its market capitalization was $10,295,012,141 and the XRP price was $0.2361 growing by 0.84%.When talking about BitPay, XRP has been integrated on the company’s platform via Ripple’s open developer platform Xpring. As per the company’s explanation, Xpring is an “initiative by Ripple that will invest in,...
Read More »Bitcoin Price: Continued $8,600 Rally May Break through Resistance
After an incredible week of bullish growth, when Bitcoin price adjusted from $7,700 to $9,200, consolidation began as traders are preparing for a new attack for $9,200. Recovery, not unique to Bitcoin, has significantly raised most altcoins.Bitcoin fell beneath $8,700 after a brief shift to $8,791 in the early Asian hours. The first digital coin remained mostly unchanged both daily and from the beginning of Wednesday, as the market entered a limited-range phase after sharp movements at the...
Read More »Crypto Price Analysis January 22: BTC, ETH, BSV, BCH, LTC
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Digital asset prices are still making buyers happy. As we can see, bulls continue putting pressure. Even if assets fail to break their respective resistance levels in the short-term, the correction will provide an opportunity to enter the market at lower prices.Bitcoin chart shows another reversal...
Read More »Bitcoin Price Will Reach $400,000 after Halving If History Is to Be Taken into Consideration
Bitcoin price is always largely influenced by the halving. Bitcoin’s halving is easily the most anticipated event in the crypto industry today. The next halving is expected sometime in May 2020 and many believe it will spark the next Bitcoin rally. Since late last year, there have been many forecasts about what the halving will do for the king coin. A new report has now suggested what is probably the most bullish forecast for the world’s number one asset. According to Beincrypto, Bitcoin will...
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