Market

Coinbase Eyes EU Market With a New Irish E-Money License

Coinbase has added a new milestone to its strategy in Europe. On October 12, 2019, a statement from Zeeshan Feroz, the chief executive of the U.K. arm of Coinbase, announced that the platform had been able to acquire an e-money license in Ireland, making them “one of just a few companies” to achieve the feat.  […]

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Money Market Funds Foretell Punishing Reversal for Stocks Mirroring 2008 Financial Crisis

The Dow and broader U.S. stock market are surging once again after the United States and China secured a partial trade deal that avoids the escalation of further hostilities between the two superpowers. For all the hype surrounding “phase one” trade agreement, the U.S. and China remain far apart on most of the hotly debated […]

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More Whales Are Hoarding Bitcoin After Accumulating During Bear Market

A new data set has emerged that shows the growth in Bitcoin addresses holding more than 1000 BTC, and it is currently experiencing a new high following the bear market. But what does this information mean? Was smart money buying up Bitcoin from retail investors dumping their crypto at a loss? Or is the HODL […]

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Bitcoin Miners Drove Price Volatility In 2018 Bear Market, Says New Data

Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token Analyst revealed miners selling coins directly influenced the Bitcoin price. Specifically, large sell-offs coincided with […]

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BitFinex and Tether Slapped With a Lawsuit Alleging Market Manipulation

Crypto Exchange BitFinex and stablecoin Tether (USDT) have found themselves in fresh trouble again. This time, a New York-based law firm, Roche Freedman LLP has slapped a lawsuit against iFinex and associated companies and individuals, accusing them of collectively using cryptocurrency to “defraud investors, manipulate markets, and conceal illicit proceeds”. BitFinex and Tether – Part […]

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Bitfinex Denies Accusation Of Market Manipulation From Anonymous Group

Popular cryptocurrency exchange, Bitfinex has alerted its customers and the whole crypto community of a possible lawsuit implicating it of market manipulation charges. Bitfinex Might Be Appearing In Court Soon For Market Manipulation In to an official announcement published by Bitfinex on Saturday, the renowned cryptocurrency exchange seems to have reasons to conclude that an […]

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Crypto Market Prints Bullish Divergence: Case for Bounce Growing

Since plunging all the way to $7,700 last week, Bitcoin has found itself in a lull. The price of the crypto asset, as seen below, has been extremely mild over the past few days. The one-day Bitcoin volatility index on BitMEX, in fact, is starting to “get closer to [the move which precedes] big candle […]

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Tether Expecting Lawsuit Based on New Market Manipulation Research

Tether posted a press release on their website today saying that they’re expecting lawsuits based on research they call “Meritless and Mercenary.” Tether has been under investigation by the New York Attorney’s General office for nearly six months now, with a deadline for the firm and Bitfinex to hand over documents come October 14th. Massive […]

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Next Bull Market Will See Bitcoin Realize It’s Full Potential

Around 99% of internet stocks met their demise during the 20-year long dot-com bubble. A few handfuls went on to achieve trillion-dollar market cap valuations, paving the way for a ‘real bull market’. Crypto markets will face the same fate, with Bitcoin being one of the ‘handfuls’. In a Bloomberg opinion piece today, bitcoin bear […]

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Bitcoin And Crypto Market Remain At Risk: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is struggling to break the key $220.0B resistance area. Bitcoin price is now trading well below the $8,400 and $8,500 resistance levels. Binance coin (BNB) price is slowly declining and it could test the $15.20 support area. Litecoin (LTC) price is somehow holding the key $55.00 support area. BCH price […]

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Exploring the Market Control of Cryptocurrency Exchanges

During 2018 and part of 2019, many ‘revolutionary’ crypto projects failed to keep their promises and consequently, cryptocurrency exchanges decided to delist tokens that lacked liquidity, usage or had problems with laws and regulations. Financemagnates published an analysis of the causes and consequences of this phenomenon, October 2nd, and here is our take. Exchanges in […]

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Sequoia-Backed Startup Enters DeFi Market With Bitcoin Binary Options

Band Protocol launched its binary options dapp Monday, allowing users to make predictions on bitcoin’s price swings.

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Crypto in Cuba: Overview of Cuban crypto market as it explores state-backed crypto

Crypto in Cuba faces various challenges as the government explores a state-backed cryptocurrency. After the launch of mobile internet in Cuba many people are turning to cryptocurrencies to avoid the sanctions placed by the United States. Crypto in Cuba: Limited interaction The country has had limited access to cryptocurrencies. This is because many of the leading […]

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WATCH: Inside the LatAm Crypto Market With the Founder of SatoshiTango

SatoshiTango founder Marias Bari is bullish on crypto in Latin America.

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Bitcoin [BTC]: Buy the Dip or has the Bullish Market Ended? Analysts Weigh-in

The selling pressure by Bitcoin [BTC] bears seems to have slowed down for a moment. The price is holding on above the 200-Day Moving average around $8340. However, analysts still predict violent moves in Bitcoin on either side. BTC/USD 1-Day chart on Bitstamp (TradingView) The bearish candlestick recorded on 24th September recorded a drop of […]

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Did Bakkt Cause The $10 Billion Crypto Market Crush?

In short, no. Bakkt’s bitcoin futures launch yesterday was underwhelming but it has not had any impact on crypto markets which are doing exactly what they have done for the past couple of years. Another Slide For Crypto Assets Another day another dump. There is nothing out of the ordinary with today’s market action which […]

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Crypto Market & Bitcoin Could Extend Losses: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently struggling below the $260.0B resistance area. Bitcoin price is declining and is trading just below the $10,000 support area. EOS price is correcting gains and it even broke the $3.850 support area. BCH price is declining and is approaching the main $300 support area. Tron (TRX) price is […]

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Price Analysis: Top Five Weekly Performer Coin in the Crypto Market

Last week saw a bit of drama with cryptocurrencies price movement. Bitcoin still remains the top cryptocurrency in terms of market capitalization and daily traded volume. However, this pace-setter status didn’t necessarily place bitcoin among the best performing coins of the week which ended on Saturday 21st of September, 2019. Among the top 20 most popular […]

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Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is slowly climbing higher and it recently broke the $260.0B resistance. Bitcoin price is currently trading in a range near the $10,200 level. EOS price is trading near $4.100 and it could start another upward move. Binance Coin (BNB) is up more than 6% and it recently surpassed the $21.50 […]

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Range-Bound Market Tests Macro Milestones

Summary: Amid an otherwise uneventful market structure, bitcoin seems to be making a consolidation pattern known as a “head and shoulders bottom.” The pattern is still forming and is not yet actionable, but if it manages to break to the upside, it could push the market to retest its $12,500 high.   The bulls really want […]

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Cryptocurrency Market in Uncertain Times, Claims Report

A monthly report published by exchange platform SFOX (San Francisco Open Exchange) identifies an air of uncertainty within the industry about cryptocurrency’s place in the future of finance. With both bullish and bearish news events occurring over the last month, the price still appears to be in limbo around the $10,000 mark. Conflicting Signals Leave […]

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Blow to Bitcoin SV as Hash Rate Market Share Nears All-Time Lows

Blockchain startup Bitcoin SV is losing its hash rate profile to rival projects, according to data provided by Coin Metrics.  Where Are All the Miners? The data analysis firm found that Bitcoin SV’s hash rate market share touched its all-time low as of September 9, 2019. At its peak, Bitcoin SV occupied almost 9 percent […]

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Market Mostly Trades Sideways as Bitcoin Price Holds Above $10,300

The price of Bitcoin is holding above the $10,300 price mark as the market is mostly trading sideways today. Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Market visualization. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part […]

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