The cryptocurrency spot and derivatives exchange giant, OKEx has announced the inclusion of two new options trading instruments. The first one, ETH/USD options went live on June 4, and it will soon be followed by EOS/USD options on June 18. These two offerings will now join the already popular BTC/USD options on OKEx, which has…
DetailsTron’s TRX cryptocurrency was among the biggest gainers in the last 24 hours, rising by more than 5 percent. The upside move appeared as Justin Sun, the founder of Tron, announced a protocol upgrade that would introduce privacy features to its smart contracts. TRX’s rise also coincided with a bullish technical indicator known as “Golden…
DetailsThe daily network fees on the Ethereum network have reached almost $500,000 on Jun. 7 for the fourth time in the network’s history. The huge uptick in-network fees now mean that Ethereum has surpassed Bitcoin, whose network fees on the same date reached only $308,000. Ethereum Miners Earned $200,000 More Than Bitcoin Miners The Ethereum…
DetailsThe infamous $10,000 resistance level has proven to be a significant obstacle for Bitcoin to overcome. From a technical perspective, this barrier is part of a descending trendline that can be drawn from each major peak since the December 2017 all-time high of nearly $20,000. These include the late June 2019 peak of $14,000, the…
DetailsThe crypto asset known as Theta was the hottest altcoin in the space during May, but false rumors of a partnership with Google led to a strong selloff. The downside in the cryptocurrency looks to continue, as two highly accurate sell signals have triggered on weekly timeframes on both the USD and BTC trading pairs.…
DetailsBrowsing through crypto Twitter or any Bitcoin or cryptocurrency-related subreddit, lately, there’s been talk of an altcoin season brewing right under the noses of crypto investors everywhere. However, a bull flag forming on BTC dominance could not only keep an alt season from occurring, but it could also deal altcoins a crushing blow and bring…
DetailsA new Bitcoin scam has emerged on YouTube, using the name of Elon Musk and his company SpaceX. The video is a live stream of a legitimate SpaceX event with Bitcoin addresses superimposed on the video asking viewers to send Bitcoin in order to join a “live conference.” Another Elon Musk Bitcoin Scam Attracts 33,000…
DetailsFor forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers…
DetailsBitcoin has seen some mixed price action throughout the past couple of days, declining to lows of $9,400 yesterday before garnering some intense upwards momentum that allowed it to recapture its position at $9,800. It does appear that BTC’s macro outlook is shaping up to heavily favor buyers, as the cryptocurrency’s monthly candle has now…
DetailsEthereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest…
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