Category: Prices

Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing

Indian Supreme Court Warms Up to Crypto - RBI's Arguments Not ConvincingIndia’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than […]

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Market Outlook: Bullish Trend Sends Crypto Prices Northwards

Market Outlook: Crypto Prices Head North As Trends Start Looking BullishDigital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read: Close to 11 Million BTC Haven’t Moved in […]

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Market Update: Top Cryptos Face Strong Resistance Ahead

Market Update: Top Cryptos Face the Strong Resistance AheadOn January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in […]

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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate DataInstantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what […]

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Market Update: Crypto Traders Search for Bullish and Bearish Trends

During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether […]

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Market Update: Bears Claw Crypto Prices Below Long-Term Support

Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to […]

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China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan

China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital YuanChina has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of the yuan just rose to its highest level since […]

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Market Update: Despite Uncertainty, BTC Longs Skyrocket

Market Update: Despite Uncertainty, BTC Long Positions SkyrocketDigital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto prices […]

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Bakkt Launches Bitcoin Options in US, Futures in Asia

Bakkt Launches Bitcoin Options in US, Futures in AsiaBakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: […]

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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

How the Recent Crypto Rally Compares With Previous Bull RunsCrypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the […]

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Market Update: Crypto Prices Hold Steady After Massive Bullish Spike

Market Update: Crypto Prices Hold Steady After Massive Bullish SpikeDigital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days […]

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Market Update: Crypto Prices Spike Significantly In a Matter of Minutes

Market Update: Crypto Prices Spike Significantly In a Matter of MinutesDigital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts Checking How Well Countries Implement Crypto Standards Cryptocurrency Prices […]

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Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point

Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning PointAfter sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that started gathering steam in May as the market […]

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Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance

Market Outlook: Leading Cryptocurrencies Attempt to Break ResistanceDigital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to […]

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German Bank Predicts BTC at $90,000 After Next Halving

German Bank Predicts BTC at $90,000 After Next HalvingYou wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]

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Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central BanksIn the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses. Also Read: Money and […]

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto PricesOn September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are […]

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Market Update: Low Volumes and Uncertainty Shake Crypto Traders

Market Update: Low Volumes and Uncertainty Shake Crypto TradersThe majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 […]

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Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices

A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think the recent spike in crypto prices is due to […]

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Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms

Market Outlook: Crypto Prices Consolidate as Economic Uncertainty LoomsDigital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty, economists worldwide are predicting a great […]

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How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

How Big Hydro Power Deals With Bitcoin Miners Prevent Energy WasteWe are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. […]

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Market Outlook: Crypto Bulls Rally After Bearish Downturn

Market Outlook: Crypto Bull Market Still in Play After Bearish DeclineSince July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other currencies spiked more than 10% at 11 a.m. EST on […]

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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes

Bitcoin's Big Price Drop Reminds Traders of the Long History of Flash CrashesOn Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when […]

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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next

Market Outlook: After Crypto Prices Tumble Observers Weigh in on What's NextBitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With […]

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