Saturday, October 31, 2020

Trading

Bitcoin price sees pullback, but bulls still marching toward $20K

The price of Bitcoin (BTC) has increased by 36% in the last 35 days, showing a strong rally. The market sentiment has been optimistic...

PayPal’s baby steps into crypto aren’t dampening the hype for adoption

The crypto world has been buzzing with excitement over the last couple of days, and rightfully so. Bitcoin (BTC) is currently hovering around the...

Scary Bitcoin volatility? $750M in BTC options set to expire for Halloween

A big Bitcoin (BTC) volatility spike could occur by the month’s end as two major factors come into play. The BTC options market nears...

Frozen out? Bitcoin price correlation to other assets still undefined

A recent report from institutional crypto firm Fidelity Digital Assets concluded that Bitcoin (BTC) shows very little price correlation to mainstream financial assets, based...

Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume

A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not see the emergence of decentralized trading venues like Uniswap...

Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows

Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court...

Ethereum price back on track to $500 once bulls flip $400 to support

On Oct. 12 the price of Ether (ETH) soared 8.15% to reach a new monthly high at $387.75 on Binance. The rally from $366...

$17K Bitcoin price a real possibility if bulls flip $12K to support

Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish...

More investors HODL Bitcoin in anticipation of a 2021 BTC bull market

New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles.According to on-chain analyst Willy Woo,...

Yearn finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend

In the past 72 hours, Yearn.finance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges. Three factors that may...

Bullish trend reversal underway as Bitcoin price holds above $11,000

Within the last few hours, Bitcoin (BTC) price surpassed $11,000 in a swift turnaround from its swing low at $10,500 in early October. Analysts...

Bitcoin price turns bullish on Square’s $50M BTC purchase: Is $11K next?

The number of Institutional investors stepping in to Bitcoin continues to increase and this appears to be inspiring some newfound confidence in Bitcoin price....