Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst

In the third quarter of 2018, San Francisco-based cryptocurrency exchange Coinbase’s U.S. dollar volumes hit a 1-year low, according to a recent analysis of Diar published October 8.According to the diagram below, in the third quarter of 2018 the U.S. dollar volumes on Coinbase dropped to the lowest level during the past year. Compared to…

A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020. 7654 Total views 69 Total shares Bitcoin (BTC) crashed by $9,000 in hours on Tuesday thanks to a mass unwinding of leveraged traders and borrowers, one analyst believes.In a series of tweets on…

The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. 303 Total views 2 Total shares XRP price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities.SEC vs. Ripple…

The SEC alleges Kraken is operating an unregistered securities exchange.

Cryptocurrency exchange Coinbase CEO Brian Armstrong predicts the number of  people in the cryptocurrency ecosystem to grow from the current 40 million to 1 billion in the next five years, TechCrunch reported September 7.In an interview with TechCrunch, Armstrong projected that the crypto ecosystem and the total number of digital currencies will grow substantially, attributing…

The Blockchain Association's ranks swell as firms look to aid its work in keeping crypto transactions peer-to-peer. 3380 Total views 12 Total shares The crypto lobby is growing as more firms join the effort to fight rules that attack financial privacy. The Blockchain Association today announced the addition of five new members, with membership now totaling…

A massive diamond just sold on Sotheby’s for a whole lot of crypto. 310 Total views 2 Total shares Art and jewelry brokerage Sotheby’s put a 101.38 carat diamond up for auction, fetching over $10 million in crypto for the rock on July 9. The diamond “sold for $12.3 million to an anonymous buyer last Friday…

Bitcoin (BTC) now has the highest share of the overall cryptocurrency market since before its record-breaking $20,000 bull run in 2017. According to data from major monitoring resource CoinMarketCap, Bitcoin now accounts for 70.5% of the total cryptocurrency market cap as of Sept. 3. Bitcoin market cap hits pre-$20K highThat figure has not been seen since March…

The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019.Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. CME Group’s managing director Tim McCourt said that in May, Bitcoin futures were, “trading an average of more…