Bitcoin and crypto derivatives exchange BitMEX is implementing major changes to the weights of its price indices later this month. Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1. The exchange says the update is a bid to ensure…
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Bitcoin bulls now hope to capitalize on last week’s big gain, but several resistance levels stand in the way before BTC/USD hits $10,000 again. Bitcoin price (BTC) is currently locked in a battle to stay above the descending channel and have another run at the recent high at $10,540. In order to do this, first,…
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Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies and blockchain for global finance. Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies such as Bitcoin and blockchain for global finance. Peets is currently CIO and portfolio manager for digital asset…
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As a light retracement sets in following the weekend’s highs, Bitcoin is nonetheless behaving “according to plan,” with its predicted range intact. Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane. Cryptocurrency market daily overview. Source: Coin360 Bitcoin ranges prior to moving average…
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Bitcoin’s recent 42% rally may have prepared altcoins for a new upcycle. Last week Bitcoin’s (BTC) price action surprised the majority of the market and traders are now looking closely at altcoins to spot similarities that might signal a new altcoin market cycle. Daily crypto market data. Source: Coin360 As Bitcoin surged, China-based altcoins began…
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HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. In a tweet posted on Oct. 29, Schiff — a diehard…
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Cryptocurrency markets are experiencing mixed signals today, with major coins reporting minor gains and losses. Tuesday, Oct. 29 — Most top-20 digital currencies are trading sideways today, with a few reporting minor losses. The markets are seeing mixed signals as of press time, according to the data from Coin360. Cryptocurrency market daily overview. Source: Coin360…
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Bitcoin tries and fails to hold the $9.5K mark, still preserving the recent 30% gains it sealed in its sudden uptick which began on Friday last week. Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend. Cryptocurrency market daily overview.…
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Bitcoin’s weekend price action left another CME gap around $8,900 as the crypto asset continues to consolidate. After a massive 42% price spike starting on Oct. 25, Bitcoin (BTC) looks like it has settled into a new range, at least for the time being. Sitting near $9,460 at press time, the future looks brighter for…
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After a weekend of upward momentum during which markets hit as high as $10,500, Bitcoin retraced some of its progress but managed to retain most of its gains. Bitcoin (BTC) held above $9,000 on Oct. 28 as a weekend of bullish madness continued to captivate markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price mulls…
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