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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […] дальше »

2020-7-3 21:00


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The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »

2020-6-27 23:00


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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

2020-6-24 21:00


Grayscale’s Ethereum Trust Trading at Huge Premium, Shows YTD Returns of 679%

Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it. While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when investing in products with... дальше »

2020-6-4 17:37


Bitcoin’s Open Interest and Money Flow Suggests a Strong Pump is Imminent

Following an extended period of rangebound trading within the upper-$6,000 region, Bitcoin now appears to have entered yet another bout of consolidation around its current price of $6,100. Although it remains unclear as to whether or not Bitcoin’s current market structure is bullish or bearish, there are a few fundamental factors that may suggest a... дальше »

2020-3-29 20:00


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Top Trader: Bitcoin to Consolidate for Weeks Before Kicking Off Massive Rally

Bitcoin’s price action over the past couple of weeks has made it incredibly unclear as to whether or not the uptrend it has seen throughout 2020 is more than just a fleeting attempt to rally. Now, BTC’s ongoing bout of sideways trading comes just a couple of months before what one analyst is describing as its “most significant event” – the halving. дальше »

2020-3-5 01:43


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US watchdog preps BitMEX probe over alleged illegal cryptocurrency trade

Cryptocurrency exchange BitMEX is being investigated by the US Commodity Futures Trading Commission (CFTC).   According to Bloomberg, which cites people familiar with the matter, the CFTC is looking into whether BitMEX broke the rules by allowing American customers to trade on the platform, which is not registered with the agency. дальше »

2019-7-19 15:06


Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg

The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today. Probe on US customers According to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to US users to […] The post Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg appeared first on CCN Markets дальше »

2019-7-20 14:51


Bitcoin Price Analysis: Price Levels Form Rising Wedge

Bitcoin price has very clearly created a rising wedge as short-term price action tests the 0. 5 fib level between $13,000 and $14,000 twice over the last 20 Days. The question remains as to whether the strength of the current bullish trend will be enough to propel price levels upwards out of the current rising wedge, which is notoriously one of the most reliable bearish trading patterns. дальше »

2019-7-11 23:37


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Crypto Community Monitors Bitfinex Wallets and the Strange 6% BTC Premium

Whether cryptocurrency enthusiasts believe the stablecoin controversy is worrisome or mere FUD, the news surrounding the $850 million of Bitfinex funds locked up has shaken the markets. Now, digital asset traders are closely monitoring the large premium on Bitfinex, where the price of BTC is trading for $300 more than on most spot markets. дальше »

2019-5-2 01:30


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30