The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin’s rolling 30-day annualized volatility has declined to about 61 percent from the highs of over 150 percent in 2017. The Blue Line Futures president believes that this is a sign that selling has exhausted, and cryptocurrencies are in a bottoming process. We have also held a similar view for the past few …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Every bear market tests the patience of the investors. The ones who stick around reap the maximum benefits when the new bull market starts. Most retail investors are easily influenced by the wild forecasts and end up buying near the peaks and selling close to the bottoms. Some people that tend to predict …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The Securities and Exchange Commission doesn’t consider Ether to be a security. This news led to a bounce in most of the top 100 cryptocurrencies pushing their total market capitalization from $265 billion on June 13 to $290 billion on June 15. Bitcoin prices also recovered on June 14. In a study, Fundstrat’s …
Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14. In addition to BTC trading, the platform will now be offering trading and custody services for Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Stellar (XLM). ItBit is the 31st largest crypto exchange in the world by 24-hour trading volume, according to data from CoinMarketCap, seeing about $54.2 mln in trades on the day to press time. The newly added crypto assets will have custody, …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets are tumbling, and their total market capitalization is down to $265 billion from about $380 billion that we saw May 22. This means that the selling momentum has picked up. After a prolonged downtrend, sharp falls indicate that panic has gripped the investors and they just want to sell at …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets tumbled on Sunday following the news of hacking of a small South Korean exchange, Coinrail, according to top tier media. The reaction to the news seems to be a little exaggerated because the 24-hour volume traded at Coinrail is only about $2.65 million. While the hackers stole about $40 million …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. At the beginning of the year, the analysts were very bullish on Bitcoin and had projected high targets for 2018. Many did not revise their target lower even after the sharp fall in January this year because they were expecting a sharp bounce from the lows. Fast forward to June, the analysts are …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Google Trends shows that web searches for the word “Bitcoin” have plunged about 75 percent in 2018 so far. This shows that most people looking to make a quick buck have lost interest in the cryptocurrency. While this is bad news for momentum traders, it is good news for investors because they can …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Most large businesses have been quick to realize the vast potential of the blockchain technology and are moving towards adopting it. Now, even the United States are catching up. New York state is planning to establish a task force to study the implications of digital currencies on the financial markets in New York. …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The market capitalization of the crypto world has increased by about $25 billion since May 29. The Italian political crisis and the probable escalation of a trade war have attracted investors back into cryptocurrencies. Dan Morehead, founder of Pantera Capital Management believes that Bitcoin has made a bottom for the year. He proposes …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. A prominent economist, author of “When Markets Collide,” and “The Only Game in Town” Mohamed El-Erian thinks cryptocurrency is the future and that it will be government-backed. We believe that most top digital currencies will survive this bear market and the traders should view the current fall as a buying opportunity instead of …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Larger players always have an unfair advantage over the retail traders as they have the money and the resources to manipulate prices. Many crypto investors have been complaining against the manipulation in the markets, which hurts small investors. If the U.S. Department of Justice (DoJ) can identify and nail the culprits, it will …