Tag: Markets

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CME Group Announces Launch Date of Options on Bitcoin Futures Product

The Chicago Mercantile Exchange Group has announced the date it expects to launch options on Bitcoin futures. The Chicago Mercantile Exchange (CME) Group has announced the date it expects to launch options on Bitcoin (BTC) futures in a statement on Nov. 12. “In response to growing interest in cryptocurrencies and customer demand for tools to…
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What Is VeChain (VET) and Why Did it Pump 65% This Month?

VeChain broke above its long-term downtrend in a move which could be followed by a new bull cycle for the altcoin? While the majority of crypto traders are discussing a variety of bullish and bearish perspectives on Bitcoin (BTC), many altcoins are jumping around and making significant moves. One of them is VeChain (VET), which…
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CoinMarketCap Now Provides Crypto Investors With Data on Liquidity

Crypto analytics provider CoinMarketCap has announced a new metric for liquidity of crypto exchanges and token pairs, designed to replace volume as the principal metric. Leading crypto data site CoinMarketCap has announced the launch of its new metric to compare exchanges and token pairs based on liquidity. New gadget on the dashboard The announcement comes…
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Bitcoin Price: On-Chain Metrics Pour Cold Water on Bearish Bias

The latest dip below $9,000 has traders turning bearish once again, but a closer look at some key on-chain metrics paints a bullish picture for BTC price. Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital…
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Bitcoin Price Falls Below $9K as Bears Back in Control Eyeing $8.2K

Bitcoin bears take back control as the short-lived weekend pump fails to crack heavy resistance and BTC falls to $8,700 and likely falling lower in the coming days. Bitcoin price (BTC) fell almost 5% on Monday morning, finding lows of $8,593, completely reversing the weekend recovery back above the $9,000 handle and below the lows…
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Bitcoin Price Returns to $8.7K as Resistance Becomes New Bull Support

A break above $9,000 late on Sunday failed to hold, but analysts remain buoyant about the state of the market over the past month. Bitcoin (BTC) fell below $8,700 on Nov. 11 after a fresh downturn once again ended its stay above the $9,000 mark.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin tests high $8Ks…
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Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285

This week Bitcoin is expected to continue consolidating even as the weekly MACD is on the verge of a bull cross. Meanwhile, key indicators suggest that Ether price could explode higher. To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the…
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Why Did Bitcoin Price Drop Below $9,000? A Pivotal Weekend Ahead

Bitcoin finally broke below $9,000 but has managed to pare some loses prior to what will likely be a pivotal weekend that will determine where the price is headed. Bitcoin price (BTC) fell 5% today to a new weekly low at $8,660, a point which is also below the 200-day moving average which has been…
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Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

After dipping below the $9,000 threshold, Bitcoin continued to see downward trend, down 5.6% over the day at press time. Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour. Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10%…
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Bitcoin Rallies Hardest in November — So Why Are the Charts Bearish?

Bears are licking their chops as Bitcoin price tightens, setting lower highs below $9.3K so far in November, the biggest performing month for BTC historically. So far November has started off as a relatively uneventful month for Bitcoin’s (BTC) price action but all of this could change before the weekend is over. Let’s take a…
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