However, so far, the break above $6,400 has remained elusive, likely due to anemic trading volumes.
Bitcoin’s total trading volume across all cryptocurrency exchanges fell to $2.92 billion on Saturday, the lowest level since November 7, according to CoinMarketCap.
Meanwhile, the 24-hour trading volume has improved slightly to $3.5 billion, according to CoinMarketCap.
However, BTC will likely have a tough time holding on to gains above 20-day MA if the trading volume remains weak.
On the downside, a break below $6,000 (February low) would shift risk in favor of a drop to $5,755 (June 24 low).
South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year.
This is the first official mobile app from Poloniex and is available on Android and iOS. Poloniex Trading on Your Mobile Phone Poloniex is owned by Circle, a finance company backed by Goldman Sachs.
Poloniex, the US-based cryptocurrency exchange platform, has launched a trading app for mobile users. This is the first official mobile app from Poloniex and is available on Android and iOS. Poloniex Trading on Your Mobile Phone Poloniex is owned by Circle, a finance company backed by Goldman Sachs.
July 14: crypto markets are holding gains from yesterday’s mild upswing, with all top ten cryptocurrencies seeing slight growth over the past 24 hours, according to data from CoinMarketCap and Coin360.
The decentralized platform Bancor Network is now operational again, and it has been able to reach trading volumes that are of about $2. 5 million in just under 24hrs, this is according to the CoinMarketCap.
Cryptocurrency exchange OKCoin has launched a branch in the U. S. market offering trading services between U. S. dollars and several major cryptocurrencies. According to OKCoin’s website on Friday, the exchange has already launched the new offering and is now accepting U.
Cryptocurrency exchange OKCoin has launched a branch in the U. S. market to offer trading services between U. S. dollars and several major cryptocurrencies. According to OKCoin’s website on Friday, the exchange already started the new offering with support of U.
Bart Smith, the head of digital asset trading at the Susquehanna International Group, believes that Bitcoin is the best investment for cryptocurrency traders because it has established use cases and has cemented itself as the currency of the internet.
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […]
The final decision-making process and discussion on Bitcoin ETF (Exchange-Traded Fund) is said to conclude on the 10th of August, according to the SEC’s website. The regulatory body is currently waiting for public comments on the listing and trading of Bitcoin ETF.
Spain-based Banco Santander has announced the creation of a blockchain research team to look into the technology’s potential to change securities trading, according to a July 11 press release. The “Digital Investment Banking” team, headed by current leader of Santander’s blockchain lab John Whelan, will “explor[e] the use of tokenized securities in debt capital markets,
Bart Smith, the head of digital asset trading at the Susquehanna International Group, believes that Bitcoin is the best investment for cryptocurrency traders because it has established use cases and has cemented itself as the currency of the internet.
Recent research showed that the amount of time needed for cryptocurrency to replace traditional money might be a lot less than expected. The Independent shared that the emerging cryptocurrency market has already passed the first step in becoming a valid replacement for traditional currency.
Major cryptocurrency exchange Bitfinex have announced a new partnership that promises to bring a new wave of institutional investment into cryptocurrency through the Bitfinex platform. According to Finance Magnates, Bitfinex have announced a partnership with Markey Synergy GmbH.
While you’d find plenty of forward-thinking businesses accepting Bitcoin out there, cryptocurrency payments largely remain on the brink of mainstream adoption. But according to new research [PDF] from Imperial College London and social trading platform eToro, we might not be all that far away from that moment.
Bitcoin is the most popular cryptocurrency on the market right now, which seems to largely due to the fact that it basically established the industry. According to Bart Smith, who is in charge of digital asset trading for Susquehanna International Group, it is still the best way for investors to invest with crypto because people […]
I predicted for 2018, we’re going to see $5,000 and $60,000. So $5,000, we pretty much hit it, so let’s see if we can do the $60,000. Since then, the cryptocurrency has recouped some of its recent losses, last trading at $6,363.
The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume.
The CBOE Bitcoin ETF will allow for over-the-counter (OTC) trading for accredited investors while providing them with complete security and insurance. According to the official release from the SEC, the filing was done last month on June 20, 2018.
The CBOE Bitcoin ETF will allow for over-the-counter (OTC) trading for accredited investors while providing them with complete security and insurance as well. According to the official release from the SEC, the filing was done last month on June 20, 2018.
Monday, July 9: crypto markets are mainly seeing red today, with total market capitalization down almost $15 billion from yesterday’s high, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is down 1.
Online physical commodities exchange Open Mineral is planning to build a consortium of mining companies and financial organizations to develop a blockchain-based mineral trading system, according to a press release July 9.
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90
Barry Silbert’s Grayscale Investments believes digital assets conform to successful trading strategies and should form part of beta portfolios. Digital Assets ‘Fit Squarely’ With Portfolio Success That’s according to a new research paper from the investment giant, which claims digital assets fit into the risk-return model known as Modern Portfolio Theory (MPT) the same as traditional commodities do.
Exchanges Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. Moreover, according to CEO Changpeng Zhao, the trading platform expects to accumulate a net profit of $500 million to $1 billion USD for the whole 2018.
Crypto markets continue to see mixed signals, but hold recent gains today, July 6, according to data from Coin360. All but one of the top ten coins on CoinMarketCap are seeing only minor fluctuations over the past 24 hours to press time.
London-based Invest. com and US-based cryptocurrency exchange Bittrex announced their plan to partner up and launch a digital trading platform focused on customers in the European Union. ‘The Ultimate Platform’ The collaboration between the US-based Bittrex and London-based Invest.
The world’s biggest crypto exchange, with current trading volumes of $1. 3 billion, now has 10 million users, according to Changpeng Zhao’s statement in an interview. The currently mainly crypto to crypto.
SIX Group — the owner and operator of Switzerland’s stock exchange — announced plans to launch a fully-integrated digital asset infrastructure for trading, settlement, and custody of digital currencies based on Distributed Ledger Technology (DLT).
On July 3, 2018, Binance suspended all trading and withdrawal services due to "irregular" Syscoin (SYS) trades carried out "from a number of API users. " The exchange has since resumed all activities, according to a blog post.
Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap.
As previously reported by CoinDesk, the Supreme Court held a hearing on Tuesday and said the Reserve Bank of India’s (RBI) circular issued in April will “remain implemented,” which prohibits banks from facilitating fiat transactions on Indian crypto exchanges.
One of the first regulated exchanges in Australia known as Independent Reserve, will add support to Ripple (XRP) during this week. The exchange located in Sydney will offer its users the possibility to trade Ripple, the third most important cryptocurrency according to its market capitalization.
Binance has done something extraordinary, which is halting trading after a single Syscoin was sold for 96 bitcoin on its exchange. Additionally, the blockchain has been compromised, further providing reasoning for the halt of all transactions.
In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release.
A group of nine European banks have revealed that they have completed multiple real-time commercial trades via the blockchain technology. Opens Up New Trading Opportunities According to We. Trade, seven trade transactions have been completed by 10 companies across five countries.
The Association of Securities Firms (ASCO), Thailand are alleged to be planning the launch of a brand new cryptocurrency exchange in order to keep up with the demand for cryptocurrencies in Thailand, driven by research into retail interest and interest within cryptocurrency trading.
At press time, BTC is trading at $6,575 on Bitfinex – up 3. 4 percent in the last 24 hours. Currently, the 24-hour trading volume stands at $4. 61 billion, according to CoinMarketCap, and is not showing any signs of life.
Reports out today highlight that authorities in the Philippines are set to issue new licenses to a number of cryptocurrency exchanges in an attempt to apply some form of regulation to the country.
Cryptocurrency exchange Kraken has hit back at Bloomberg and other news outlets over recent coverage of possible Tether manipulation or “wash trading” on its platform. According to the response by Kraken, the Bloomberg reporter “inexplicably fails to comprehend basic market concepts such as arbitrage, order books and currency pegs.
The Association of Securities Companies (ASO) in Thailand is weighing up their chances of joining the crypto trading market according to Bangkok Post report. The body which comprises mainly traditional financial security agencies is already in talks with the SEC and has filed registration applications as disclosed by chairwoman, Pattera Dilokrungthirapop.
BTCC, formerly known as BTC China, has relaunched its crypto trading platform and revealed plans to issue its own native token, according a company announcement Monday, July 2. The rehauled crypto exchange is now live, offering trading for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) against the U.S. dollar, as well as
A partnership with a pornographic website should according to many boost the usability and adoption of TRX. Pornhub’s premium version currently has a 48. 4 million page views from all over the world.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
With the markets in such a poor condition, we quite like it when economists tell us that Bitcoin and other cryptocurrencies will shoot up soon. Today however, a report from Bitcoin. com tells us how famed Japanese economist, Yukio Noguchi has told Diamond Weekly how Bitcoin Futures could mean that Bitcoin will never surge again.
One of the largest cryptocurrency exchanges, Binance, has twice in the last two days ceased trading operations, but today announced its “System Upgrade Complete” with trading recommencing at 2. 45pm (UTC).
Cryptocurrency exchange Huobi Pro is to cease offering trading services to investors living in Japan starting from next month. According to a news report from Coinpost, the exchange announced the news in an email sent to investors in Japan on Wednesday, stating it will remove the Japanese option from its homepage and suspends trading services
The past 24-hours has seen a surge in trading value with two new cryptocurrency exchanges surpassing Binance with a distinctively larger trading volume. According to data from coinmarketcap, the two platforms seem to be giving Binance a run for its money as they both overthrew the world’s leading cryptocurrency trading platform whose trading volume in […]
The post Binance Loses its Trading Spot to Two New Exchanges appeared first on ZyCrypto.
Negative sentiment is gradually growing in the general crypto market once again, with major digital assets like Ethereum, the second-largest cryptocurrency, witnessing a notable setback that led to a slowdown of its renewed upside price momentum.
As discussed yesterday, the cryptocurrency’s persistent failure to scale the $6,800 mark in a convincing manner had raised the prospects of another leg down in bitcoin prices. Bitcoin breached the key support of $6,620 a couple of hours ago – signaling that the relief rally from the June 13 low of $6,108 has ended at $6,850