Tag Archives: Cryptocurrency News

Bitcoin’s use-case has evolved over time. Recently, the top cryptocurrency has been surging under the safe haven narrative. While both gold and bitcoin moved higher due to geopolitical risk, the cryptocurrency has significantly outperformed the precious metal. Bitcoin’s primary use-case is continuously evolving. At first, many thought the cryptocurrency would be the next generation payment method. Scaling issues and extreme volatility deterred many merchants from...

The deescalation of the situation in Iran may have triggered a round of profit taking in bitcoin. Multiple analysts remain bullish on the top cryptocurrency predicting that it won’t go any lower than $7,800. While not all analysts are boldly optimistic, one must consider that bitcoin’s corrections during bull markets tend to be shallow and short-lived. After a strong rally catalyzed by the tensions in Iran, bitcoin is starting to show signs of exhaustion. From a low...

QuadrigaCX creditors’ claims have caught the eye of Argo partners. Argo Partners is a New York investment firm whose niche includes creditor’s claims, bankruptcies, insurance liquidations among others. Sources indicate that the investment firm is already communicating with impatient creditors. Ernst & Young that is the court-appointed bankruptcy trustee is still sorting things out. The death of Gerald Cotten in India has complicated things further.Zeeshan Aziz who is the co-manager for...

At the hour of composing, Ethereum is drifting underneath about 3% at its ongoing price of $138.51, which denotes an amazing diminishing contrasted with past daily highs of $148, which were set at the highest point of prior day’s rally and latest intraday high of $141.38.It is essential to see that Ethereum is very momentous up from weekly lows of $126, anyway it’s most recent advancement is by all accounts in danger of an inversion as bearish sentiments increases.The Ethereum bulls...

The United States Commodity Futures Trading Commission (CFTC) has previously allowed several crypto derivatives products to enter the market. In that context, CME Group, which offers Bitcoin futures, plans to launch options on BTC futures on January 13, 2020.While responding to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure, CME Group decided to launch options on BTC futures. As we highlighted earlier, the firm officially confirmed this launch last...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of the BTCThe BTC may grow in price due to the US vs. Iran conflictIn ten years, the profitability of the BTC has been many times higher than that of Gold and S&P 500.On D1, speaking about the long-term moods of the cryptocurrency, there has been a pullback to 50.0% Fibo related to the previous declining wave after a convergence on the MACD. Also, the correctional dynamics have let the market test the resistance area at 50.0%...

Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...

Sources indicate that it has taken six months to test China’s national blockchain service network. It will launch in April 2020. The blockchain service network is an initiative of the State Information Center (SIC). The SIC is responsible for formulating information policies for the Chinese government. The SIC is also in charge of sponsoring the Chinese Economic Information Network. The network is the primary organ for information on the Chinese economy. The BSN is aimed at giving new...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 787. Heute sprechen wir über folgende Themen: Hauptfaktoren für den Monero Aufschwung, Bitcoin Suisse bietet Kunden jetzt Dash Staking auch ohne Masternode & Bitcoin Kalendar 2020 1.) Monero ist in der letzten Woche um 30% gestiegen, was sind die Hauptfaktoren für diesen Aufschwung?https://coincierge.de/2020/monero-ist-in-der-letzten-woche-um-30-gestiegen-was-sind-die-hauptfaktoren-fuer-diesen-aufschwung/...

Peter Brandt laid out two scenarios for bitcoin last month. The recent price action of bitcoin suggests that Brandt’s immediate bull scenario is playing out. Brandt teases his followers with the possibility of a bull run in his latest tweet. The most followed trader on Twitter, Peter Brandt, made his Bitcoin Live Crypto report available for free last month. In this issue, the veteran analyst presented two bullish scenarios for the king of cryptocurrencies. The first...