Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving
Bitcoin looks to have fought off recent bear attacks that saw prices landing just above the yearly low of $5,755.
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First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
Aug 20, 2020 at 13:14 UTCWaterfall at Mont-Dore by Achille-Etna Michallon. (Metropolitan Museum of Art, modified by CoinDesk)First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money MarketPrice PointBitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days. The largest cryptocurrency by market capitalization has declined 1.3% this week…
Key Bitcoin Price Indicator Turns Bearish in First Since December
markets View Bitcoin could fall to the July 2 low of $9,614 and may break lower in the short-term, as the widely tracked MACD (moving average convergence divergence) histogram on the three-day chart has turned bearish for the first time since December. Buyer exhaustion above $12,000, as seen on the weekly chart, also supports the…
What an SEC Proposal Means for RIAs in Crypto
Imagine meeting with your financial advisor to plan for retirement, and seeing crypto products offered alongside other safe and regulated financial products. You decide to allocate to crypto products — not only as an investment vehicle, but also as a tool to execute tax-loss harvesting. What was once a holy grail in crypto adoption is
The Future of ICOs: In the Hands of Regulators or Innovators?
news William Mougayar is the founder of Token Summit and author of “The Business Blockchain.” The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. What is the future of initial coin offerings (ICOs) as we look to a 12-month horizon? As an early supporter of ICOs (properly run), I’d like to offer…
Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year’s End
Sep 14, 2020 at 11:18 UTCChange in open interest on BTC options at Deribit (Chart: Skew)Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year’s EndThe Deribit crypto derivatives exchange is seeing increasing investor interest in bitcoin options that would profit from prices rallying as high as $36,000 by the end…
A Beginner’s Guide to AI Tokens
Artificial intelligence (AI) is transforming many industries, and the crypto space is no exception. With this convergence of blockchain and AI, we’re seeing the rise of unique digital assets; AI crypto tokens.In this beginner’s guide to AI tokens, we will explain what they are, how they work, and list some of the most prominent AI
The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?
feature The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors. The metric has registered growth of 30 percent since September 2018, according to Coin Metrics data. Even when adjusted to exclude addresses known to belong to…