Crypto Trading 101: How to Read an Exchange Order Book
If you want to get a behind-the-scenes look at your favorite cryptocurrency’s price action, the order book will be your best friend.
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Ether Slides 20% as Trading Firm Moves $46M in ETH
ETH's price drops to lowest since January. A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain. Ether's (ETH) price cratered as a prominent crypto trading firm moved large amounts of ETH to centralized exchanges in preparation for potential liquidation. Ethereum's native token, the second-largest cryptocurrency by

Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
Nov 20, 2020 at 9:00 a.m. UTCMUFG(JHVEPhoto/Shutterstock)Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021Mitsubishi UFJ Financial Group (MUFG), one of the largest banking institutions in Japan, is set to launch its high-speed blockchain payment network with the U.S.-based tech firm Akamai in 2021. MUFG and Akamai aim to provide cheaper and more…

Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
A day after bitcoin dipped to a three-month low, crypto investors remained jittery, keeping bitcoin and most major altcoins in the doldrums and knocking Tether’s USDT stablecoin from its $1 peg.Bitcoin was recently trading at $25,239, roughly flat over the past 24 hours after spending most of Thursday in negative territory. On Wednesday BTC tumbled…

Bitcoin News Roundup for Jan. 13, 2021
With BTC looking at gloomy short-term price predictions and altcoins on the rise, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.Today's stories: Some are now forecasting an extension of Monday’s 20% price…

AI Bot ‘Syntax’ From Spectral Labs Could Help Non-Coders Write Ethereum Apps
Spectral Labs, a crypto development firm focused on artificial intelligence, wants to make it easier for non-programmers to build on blockchains. On Tuesday the company will launch Syntax, an AI app that can help anyone – coders and non-coders alike – spin up smart contracts for Ethereum and dozens of other blockchains.While Syntax represents an

Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410k
The OTC bitcoin balance has reached a 2.5 year high of 410,000 tokens. The run-up is similar to that which took place during the bull run of late 2020 into early 2021. A decline in bitcoin balances will likely be necessary for a continuation of the recent bull run. One possible headwind to the idea

$6.6K: Bitcoin Price Eyes New Target for Bull Reversal
A move past a key resistance at $6,675 would confirm a short-term bearish-to-bullish trend change in bitcoin.

Trump Releases Fourth Drop of His NFT Trading Cards
Former President Donald Trump is out with another collection of digital trading card non-fungible tokens (NFTs), which were once a lucrative business line for the Republican nominee. This time around, Trump’s fourth collection will offer high-rollers a piece of the candidate’s suit from his debate with President Joe Biden, according to a post on social