Tag Archives: BTCEUR

The hype of the crypto markets after Square announced a $50 million investment in Bitcoin catapulted the token above the psychological barrier of $11k, sparking a general optimism among BTC bulls… But the bears are also rubbing their hands as they wait for a price correction. According to data from the Bitcoin metrics company, Santiment, the activity of bears in Bitcoin-focused trading channels has surpassed the peaks of 2 months ago, especially after Bitcoin broke the...

This week, Belgium’s Financial Services and Markets Authority made a startling revelation. Cryptocurrency fraud victims have lost at least €10 million between May 2019 and September 2020, the financial regulator said.Belgians Have Lost €10 Million In Cryptocurrency FraudBelgian citizens have lost almost 10 million euros to fraudulent crypto investment schemes. Belgium’s apex financial authority, the Financial Services and Markets Authority, said on Monday. According to the watchdog, this data...

Although the cryptocurrency spot and derivatives trading volume declined on most platforms in September, Binance has taken the lead as the largest derivatives exchange, a new report revealed.Simultaneously, the regulated Chicago Mercantile Exchange (CME) saw steady Bitcoin futures performance, while the options trading exploded.Binance Takes The Top Spot For Derivatives TradingThe data analytics company CryptoCompare explores the performance of the most popular digital asset exchanges on a...

Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains.Bitcoin Steady Above $11KAs reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500 with just a few hourly candles.After registering such notable gains in a relatively short period, BTC has retraced slightly and calmed....

Bitcoin took a break from trading during the month of September, with relatively low volatility. As shown on the following 4-hour chart, the marked symmetrical triangle was basically the story of September: Started with a massive dump and a slow consolidation, since then, around $10,600. As can be seen below, Thursday signaled a breakout – in favor of the Bulls. Since breaking the triangle at $10.8K, we saw a healthy consolidation and finally a breakout of the $11-11.2K area,...

After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday.Bitcoin Breaks Above $11,000Bitcoin was steadily increasing in the past few days and neared the coveted $11,000 yesterday. Unlike the previous attempts to conquer that level, though, BTC smashed above it rather decisively this time.The primary...

As a part of an active Bitcoin and cryptocurrency education/awareness campaign, 350 members of the Spanish parliament (read deputies of Congress) have received a euro worth of BTC. This move mirrors the ‘Crypto for Congress Educational Initiative’ launched by the Washington-based Chamber of Digital Commerce to acquaint Members of the United States Congress with blockchain technology.350 Spanish Lawmakers Now Hold One Euro Worth Of BitcoinAs per reports from ABC, Spain’s third-largest national...

Another week has passed, and it’s safe to say it was an intense one. First things first, the major headline is that the US Commodity and Futures Trading Commission (CFTC) charged the owner-operators of 100x Group, the parent company of BitMEX, with illegally running a derivatives exchange.Needless to say, BitMEX is one of the leading Bitcoin derivatives trading platforms, and one would think that something of the kind would cause a big blow. Arthur Hayes and the rest of the executive team...

BitcoinBitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday.BTC was trading at the 100-days EMA last Friday as it rebounded from here and started to push higher. On Monday, the coin reached the upper boundary of the triangle and was rejected. This caused it to head toward the lower boundary on...

Bitcoin’s hashrate, or computing horsepower, has hit its highest ever level indicating that the network has never been in better shape in terms of security.Hashrate HighThe new milestone of 170 exahashes per second was noted by on-chain analytics provider Glassnode which added that it is a 40% increase since the halving in May.#Bitcoin hash rate hits a new ATH and touches 170 exahash for the first time in history on the hourly chart (24h MA).That is an increase of around 40% since the halving...