Bitcoin may have performed extremely well over the past two months, rallying over 100% from the March lows, but technicals show and analysts argue that the rally is far from over. Rally From $3,700 to $10,000 Just the Start of a Bigger Trend According to Alex Fiskum, an associate at boutique investment fund Alice Capital,…
DetailsOKEx, the leading cryptocurrency exchange platform has announced a new partnership with skew, a real-time data analytics provider for Bitcoin and Ether derivatives, Options, Futures and Perpetual swaps. With this partnership, OKEx will be able to have its own dashboard on the skew platform. Launched in 2018, skew is one of the reputed crypto market…
DetailsBitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at ING. The veteran said that traders wrongly compare bitcoin with fiat currencies, stating the cryptocurrency is not even a currency. He partially agreed with Bitcoin’s store-of-value narrative but doubted it would prove bullish. For many…
DetailsBitcoin has beaten Gold in terms of returns on investments in its 11-year existence. Now the cryptocurrency is taking on the biggest hedging asset for its limitations in the 21st century. The Bitcoin market is on the move again. The cryptocurrency has seen its price ballooning by more than 150 percent from its March-lows. Meanwhile,…
DetailsThings ramped up a gear today as Bitcoin derivatives platform, Deribit announced full integration of the ClearLoop custody and settlement solution for institutions. ClearLoop is the brainchild of London-based Copper, headed by CEO, Dmitry Tokarev, who commented: “ClearLoop, the fruit of this collaboration, allows investors to settle trades instantly, keeps their assets secure and insured…
DetailsAn early morning rally in Bitcoin price filled a CME Futures gap to the upside leftover from the weekend’s post-halving profit-taking drop. Now that the gap has been filled, where may Bitcoin be headed next in the days ahead? And why are gaps something crypto traders need to continue to pay close attention to? Bitcoin…
DetailsThe global trading director of a major precious metals firm is warning gold investors to not pay the currently enormous premiums until inflation sets in much later down the line. However, Bitcoin is booming for similar reasons as gold. Does this mean that Bitcoin‘s next bull run may be delayed until inflation truly takes hold?…
DetailsAn in-depth analysis from IntoTheBlock took a look at the network effects of Bitcoin and Ethereum and found that it was much easier to calculate and track on Ethereum. Ethereum’s role as the facilitator of decentralized finance has the potential to amplify its network effects and attract more users, while Bitcoin’s sparsely connected nature meant…
DetailsA glance at “Crypto Twitter” shows that the blockchain industry is oversaturated by speculators that lack financial literacy. This is the main reason why different communities surrounding a particular cryptocurrency, such as the “XRP army,” will do everything in their power to defend their views even when there is undeniable evidence that contradicts them. With…
DetailsDuring the crypto hype bubble that made Bitcoin a household name, altcoins exploded to all-time highs and generated life-changing wealth for early investors. Since then, there’s been a three-year downward trajectory that is about to resolve further to the downside, putting altcoins at serious risk of extinction. Bitcoin Halving Is Crushing Already Battered Crypto Assets…
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