Category: Markets

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall […]

The post St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices appeared first on Bitcoin News.

Continue Reading

Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

Latin American P2P Markets Defy Global Trend to Smash Volume RecordsThe Latin American peer-to-peer (P2P) cryptocurrency markets have a seen a significant spike heading into 2019, with the Colombian, Peruvian, and Venezuelan Localbitcoins markets posting record volume when measuring in both fiat and BTC. The Argentinian, Dominican, and Mexican markets also posted record volume for P2P trade in recent weeks. Also Read: 9 Cryptocurrency Firms Sue Washington […]

The post Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records appeared first on Bitcoin News.

Continue Reading

Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH TrendlineThe cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) […]

The post Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline appeared first on Bitcoin News.

Continue Reading

Leading Crypto Markets Post Worst Year of Monthly Price Action on Record

When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced BTC and ETH Produce […]

The post Leading Crypto Markets Post Worst Year of Monthly Price Action on Record appeared first on Bitcoin News.

Continue Reading

Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced

Bitblock Publishes Alternative Valuation Model for BTCBitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital […]

The post Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced appeared first on Bitcoin News.

Continue Reading

Markets Update: BCH and BTC Consolidate, ETH Regains Second Spot

Markets Update: BCH and BTC Consolidate, ETH Regains Second Largest Market CapBCH and BTC markets have begun the year with consolidation, with BCH bouncing between $150 and $175 and BTC trading within a $3,500 to $4,000 range on Bitstamp, and $3,700 to $4,300 on Bitfinex. In other market news, a bullish start to the year has seen ETH reclaim its position as the second largest cryptocurrency […]

The post Markets Update: BCH and BTC Consolidate, ETH Regains Second Spot appeared first on Bitcoin News.

Continue Reading

Markets Update: Crypto Traders Enter the New Year With Uncertainty

Markets Update: Crypto-Traders Enter the New Year With UncertaintyOn the first day of 2019, cryptocurrency prices have been steadily moving sideways in a consolidated pattern after taking some slight losses on New Year’s Eve. At the moment, the entire digital asset economy is worth about $126 billion and global trade volume has been thinning out over the last 48 hours. Also Read: Embracing […]

The post Markets Update: Crypto Traders Enter the New Year With Uncertainty appeared first on Bitcoin News.

Continue Reading

December Volume Report: Top Markets See Strongest Trade of H2 2018

December Volume Report: Top Markets See Strongest Trade of H2 2018The five most traded cryptocurrency markets saw an increase in volume during December, when compared with the previous month. Despite the spike in trading activity posted by the dominant markets, many crypto assets ranked below the top five saw a decline in month-over-month volume. Also Read: Report: Indian Government Updates Progress on Crypto Regulation USDT and […]

The post December Volume Report: Top Markets See Strongest Trade of H2 2018 appeared first on Bitcoin News.

Continue Reading

Markets Update: Cryptocurrency Gains Start Lifting Confidence Among Traders

The cryptocurrency economy has seen some improvement over the last 48 hours as many of the top digital assets are seeing gains between 5-15% this Saturday. The entire ecosystem of all the coins in existence has gained about $5 billion since the small correction on Christmas day. Furthermore, global trade volume has also increased indicating […]

The post Markets Update: Cryptocurrency Gains Start Lifting Confidence Among Traders appeared first on Bitcoin News.

Continue Reading

Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles

Despite the short-lived rally leading up to Christmas, BTC appears poised to post a fifth consecutive red candle on the monthly chart for the second time ever. BCH also looks ready to extend its record bear streak to five months of red, while ETH appears poised to post a monthly gain for the first time […]

The post Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles appeared first on Bitcoin News.

Continue Reading

Year in Review: 2018’s Top Cryptocurrency Stories

After an intense 2017, filled with cryptocurrency market spikes, the following year was loaded with letdowns as a great majority of digital assets plunged well over 80 percent in value since their all-time highs. 2018 was also filled with lots of headlines about digital currency regulations, exchange hacks, and postponed exchange-traded funds. Also read: Feed 7 […]

The post Year in Review: 2018’s Top Cryptocurrency Stories appeared first on Bitcoin News.

Continue Reading

A Look Back at the Top Cryptocurrency Markets From Christmases Past

A Look at the Top Cryptocurrency Markets From Christmases PastThe cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship […]

The post A Look Back at the Top Cryptocurrency Markets From Christmases Past appeared first on Bitcoin News.

Continue Reading

A Look at 2018’s Best and Worst Performing Cryptocurrencies

A Look at 2018’s Best and Worst Performing CryptocurrenciesWith the dust all but settled on 2018, it’s time to reflect on the year’s best and worst performing cryptocurrencies. In the Best category, there are few standout candidates, with all major altcoins deeply mired in the red. The Worst category, however, is stocked with shockers, including coins that need to multiply more than 100x […]

The post A Look at 2018’s Best and Worst Performing Cryptocurrencies appeared first on Bitcoin News.

Continue Reading

Markets Update: BCH Up Over 100% in a Week, BTC Breaks Above $4,000

Markets Update: BCH Up Over 100% in One Week, BTC Breaks Above $4,000The cryptocurrency markets appear poised to post the strongest week of trading in months, with BCH up over 115% since Dec. 16. BTC is also on the cusp of posting its strongest weekly candle since February after breaking above $4,000. Also Read: Russian Parliament Postpones Adoption of Digital Assets Bill BCH Price Doubles in One Week […]

The post Markets Update: BCH Up Over 100% in a Week, BTC Breaks Above $4,000 appeared first on Bitcoin News.

Continue Reading

Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017

Despite 2018 Bear Market, Top Crypto Markets Outperform FANG Stocks Since 2017Despite the 2018 cryptocurrency bear trend renewing gleeful predictions of bitcoin’s demise from mainstream financial analysts, the leading crypto markets have dramatically outperformed the ‘FANG’ (Facebook, Apple, Netflix, and Google) stocks since the start of 2017. Also Read: Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018 FANG Stocks Up Between 25% and 115% Since […]

The post Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017 appeared first on Bitcoin News.

Continue Reading

P2P Markets Report: Latin American Markets Continue to Post Record Volume

This past week has seen Latin American peer-to-peer markets continue to set records for trade volume. For the week ending Dec. 8, Argentina and Venezuela posted a new record for Localbitcoins trade when measured in fiat, while Colombia, Peru, and Venezuela also posted records for trade measured in BTC. Also Read: Zebpay Exchange Now Live in […]

The post P2P Markets Report: Latin American Markets Continue to Post Record Volume appeared first on Bitcoin News.

Continue Reading

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This DecemberThere has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]

The post Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December appeared first on Bitcoin News.

Continue Reading

Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’

The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this week as digital asset enthusiasts and traders are now pondering the crypto market’s next big move. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Market Surfers Wait for the […]

The post Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’ appeared first on Bitcoin News.

Continue Reading

Markets Update: Leading Cryptos Grind to New Lows for 2018

Markets Update: Leading Cryptos Grind to New Lows for 2018In the last 24 hours, many leading cryptocurrency markets have broken down to post new lows for 2018. The bloodshed has seen BCH fall below $100 for the first time ever, while the market cap of ETH has fallen below $10 billion for the first time in over a year. The total capitalization of the […]

The post Markets Update: Leading Cryptos Grind to New Lows for 2018 appeared first on Bitcoin News.

Continue Reading

Coinmarketbook Gauges Cryptocurrencies by Buy Support Rather Than Market Cap

Coinmarketbook Gauges Cryptocurrencies by Buy Support Rather Than Market CapA lot of cryptocurrency enthusiasts and market observers reference websites that measure the digital asset economy by market capitalization. Now there’s a new data website, Coinmarketbook.cc, that calculates a cryptocurrency’s buy support based on order books held on various exchanges. Also read: US Law Enforcement Wants Surveillance Tools for Privacy Coins   ‘Market Cap is a […]

The post Coinmarketbook Gauges Cryptocurrencies by Buy Support Rather Than Market Cap appeared first on Bitcoin News.

Continue Reading

Markets Update: Cryptocurrencies Are Still Blood Red

Markets Update: Cryptocurrency Percentages Are Still Blood RedAs 2018 nears an end, cryptocurrency prices are dipping once again, having seen significant losses since the start of the year. This Wednesday, Dec. 5, the entire digital asset economy is valued at roughly $120 billion and most of the top 10 coins have lost 6-15% in value over the last 24 hours and 15-35% […]

The post Markets Update: Cryptocurrencies Are Still Blood Red appeared first on Bitcoin News.

Continue Reading

P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia

P2P Markets Report: Dumping Drives Record Volume Across Latin America and AsiaThe heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. Globally, higher trade activity over the past two weeks has also driven the strongest volume since September 2017, with roughly 12,116 BTC changing […]

The post P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia appeared first on Bitcoin News.

Continue Reading

Markets Update: Falling Cryptocurrencies Wipe Out Last Week’s Gains

Markets Update: Cryptocurrency Prices Drop Again Losing Last Week's GainsCryptocurrency markets have seen losses over the last 24 hours and since our last markets update five days ago. Since then, most of the top cryptocurrencies have been moving sideways in a tight consolidated pattern. At the moment, the market capitalization of the entire digital asset economy is valued at roughly $125 billion and markets […]

The post Markets Update: Falling Cryptocurrencies Wipe Out Last Week’s Gains appeared first on Bitcoin News.

Continue Reading

Markets Update: Bull Trap or Reversal? Traders Question the Recent Crypto Spike

Markets Update: Bull Trap or Reversal? Traders Question the Recent Crypto SpikeThree days ago the crypto-economy suffered deep losses, with digital asset prices at their lowest across the board since September 2017. But on Wednesday the digital asset ecosystem started showing a slight recovery, as the entire market capitalization of all 2000+ coins gained $14 billion. Also Read: Free Keene Activists Launch Tip-Card Creator Called Cryptotip.org Cryptocurrency Markets Show […]

The post Markets Update: Bull Trap or Reversal? Traders Question the Recent Crypto Spike appeared first on Bitcoin News.

Continue Reading

By continuing to use the site, you agree to the use of cookies. more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close