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Português“What’s the price of those Bitcoin’s you keep talking about?” a friend asks me. I look at my phone and it’s still averaging around $9,200. “About the same as last…
Continue ReadingThe price of Bitcoin (BTC) has been showing weakness throughout the week. However, the key support level is holding up, and this triggered the continuation of many altcoins such as…
Continue ReadingAccording to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well…
Continue ReadingAlternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also…
Continue ReadingLately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high. …
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Continue ReadingBitcoin (BTC) has been trading sideways for around a month now and is being outperformed by several other altcoins like Ether (ETH) and Chainlink (LINK). The cryptocurrency also hit the…
Continue ReadingA small bitcoin dip down to $9,100 recovered, but traders are unsure about further price appreciation. Bitcoin (BTC) trading around $9,240 as of 20:00 UTC (4 p.m. ET), gaining 0.25%…
Continue ReadingVeteran trader Peter Brandt believes that a new altcoin season is likely to start in the near future and he predicted that altcoins are likely to outperform Bitcoin (BTC) during…
Continue ReadingAccording to recent research from blockchain analytics firm Flipside Crypto, Brave’s Basic Attention Token (BAT) became the most used ERC-20 token in the decentralized finance (DeFi) sector from June 19…
Continue ReadingBitcoin’s one-year correlation to the Standard & Poor’s 500 index hit record highs as the leading cryptocurrency continues to trade in lockstep with traditional financial markets. The realized correlation, which…
Continue ReadingIf there’s one thing we can thank the coronavirus pandemic for, it’s a math lesson. Watching an infection lead to two, then four, then eight, then 16, then 32, then…
Continue ReadingWith the price of BTC headed down and the Federal Reserve’s largest balance sheet decline in 11 years, CoinDesk’s Markets Daily is back for your bitcoin news roundup! The Fed’s…
Continue ReadingBitcoin (BTC) futures were worrying analysts on July 10 as volume data suggested serious weakness and the potential for a major pullback. Uploading a weekly chart of CME Group’s Bitcoin…
Continue ReadingIn cryptocurrency markets, newfangled “decentralized exchanges” like Kyber are piddling compared with more-established and centralized venues like Binance. But in the eyes of traders, it’s the upstarts who are winning…
Continue ReadingThe U.S. Federal Reserve’s balance sheet is contracting, but despite popular opinion, that’s not necessarily bad news for bitcoin. The central bank’s balance sheet declined by $88 billion to $6.97…
Continue ReadingMajor cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting. In a Twitter announcement on July 10, Bitfinex said that deposits were already available…
Continue ReadingPopular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal…
Continue ReadingBitcoin is back at $9,200 Thursday as crypto derivatives helped push its price down and equities closed lower. Bitcoin (BTC) trading around $9,211 as of 20:00 UTC (4 p.m. ET),…
Continue ReadingToday Bitcoin (BTC) price abruptly dropped 2.93% to $9,160 before traders stepped in to push the price back to the $9,200 level. Crypto market weekly price chart. Source: Coin360 The…
Continue ReadingGet the Latest from CoinDesk Sign up for our newsletter Money Reimagined First Mover Crypto Long & Short Blockchain Bites By signing up, you will receive emails about CoinDesk products…
Continue ReadingWith bitcoin headed back up and Brazil’s real hitting new lows, CoinDesk’s Markets Daily is back with another news roundup. While bitcoin’s range play continues, options traders look to be…
Continue ReadingBitcoin (BTC) can crash hard, but not so hard that it ends up costing $0 — because one man is going to buy all of it. In tweets on July…
Continue ReadingEntrepreneurs in the white-hot arena of decentralized finance have used cryptocurrency technologies to build automatic systems that might someday challenge or even supplant traditional banks and exchanges. Now, DeFi is…
Continue ReadingWhile bitcoin has gained 3% so far this week, the overall trading environment remains dull with volatility hovering at multi-year lows. Ten-day realized volatility, a historical metric, is now at…
Continue ReadingIt’s not quite a seal of approval, but one of Europe’s largest financial markets is giving cryptocurrencies the equivalent of the bar codes found on soup cans and jam jars.…
Continue ReadingBitcoin (BTC) is preparing to copy gold as it aims for all-time highs, according to an exchange amid fresh warnings that a correction is due. In a tweet on July…
Continue ReadingPrice wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. The lack of GitHub activity and planned protocol…
Continue ReadingWeaker bitcoin trading volumes aren’t stopping its price from going up. “Bitcoin became oversold from a short-term perspective last week for the first time since mid-March,” said Katie Stockton, an…
Continue ReadingAltcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the…
Continue ReadingVery crypto, much wow. With dogecoin back in the news, CoinDesk’s Markets Daily is back with another bitcoin news roundup. Bitcoin is looking to leap key resistance alongside a strong…
Continue ReadingCopper has launched a service that allows institutional investors to create securitized tokens for a range of crypto-based products, from token trackers to complex trading strategies. Disclosure The leader in…
Continue ReadingA subsidiary of India’s industrial goliath Tata has launched a solution allowing banks and financial institutions to offer crypto trading services to their clientele. Disclosure The leader in blockchain news,…
Continue ReadingWhich cryptocurrencies matter most to the market? That question gets tougher to answer every day as new digital assets join the thousands already traded. Those looking to figure out which…
Continue ReadingBitcoin is looking to leap key resistance alongside a strong rally in gold. The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’s Bitcoin…
Continue ReadingMax Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market. What’s more, a spike in volatility of currencies might largely…
Continue ReadingBitcoin’s notorious volatility has practically disappeared during the most-recent phase of the coronavirus-induced economic crisis – and that’s now taking a toll on trading volumes at cryptocurrency exchanges around the…
Continue ReadingThe price of Cardano (ADA) increased from $0.074 to $0.137, by more than 85% in less than two weeks. It surpassed Bitcoin SV (BSV) to become the sixth-largest cryptocurrency by…
Continue ReadingBitcoin (BTC) was the top choice of famous analyst PlanB thanks to its scarcity and zero likelihood of negative interest rates. In a series of tweets on July 7, the…
Continue ReadingMeme-based cryptocurrency Dogecoin (DOGE) is warning traders against speculation after its price gained 50% in 24 hours. In a tweet on July 8, the controller of the @Dogecoin Twitter account…
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