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In the last 24 hours, $7 billion worth of bitcoin (BTC) was traded globally. That’s according to data provided by Coinmarketcap, the industry’s go-to aggregator of cryptocurrency data. Not everyone agrees with that figure however. “Honest Coinmarketcap” is a new project that aims to set the record straight and do away with inflated trade volumes. […]
The post “Honest Coinmarketcap” Claims to Provide Accurate Cryptocurrency Data appeared first on Bitcoin News.
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With seemingly endless new altcoins claiming that they will change the world whilst generating exorbitant returns for investors, it can be highly informative to sometimes get a bird’s eye view of longer-term altcoin performance by digging through the annals of Coinmarketcap’s historic snapshots. When looking at a historic snapshot from May 12th, 2013, by far […]
The post 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins appeared first on Bitcoin News.
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Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins […]
The post Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K appeared first on Bitcoin News.
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Every good trader knows their TA from their FA, and can appreciate the effect that fundamental and technical analysis have on market movements. But what about SA? Sentiment analysis, which involves making decisions based on the emotions of other traders, is arguably just as important, especially in the cryptocurrency market, where a herd mentality prevails. […]
The post Sentiment Analysis Is the Best Trading Tool You’re Not Using appeared first on Bitcoin News.
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The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows. Also Read: Markets Update: BCH Prices […]
The post Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets appeared first on Bitcoin News.
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This week there’s a lot going on within the Bitcoin Cash (BCH) ecosystem as markets have been on fire and infrastructure continues to grow. Over the past six months, the price of BCH is up over 139 percent, and the price has jumped 13 percent higher over the last seven days. At the moment the […]
The post BCH Ecosystem Grows With May 4X Hard Fork Less Than Two Weeks Away appeared first on Bitcoin News.
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From pump and dump groups to insiders trading on esoteric knowledge, market manipulation is rampant within the cryptocurrency space. While some of it is illegal, most of the activity is either legal or quasi-legal, falling into the sea of grey that separates lawful land from unlawful territory. Everyone knows that market manipulation is endemic. The […]
The post Cryptocurrency Market Manipulation Is Rife – But Does Anyone Care? appeared first on Bitcoin News.
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Bitcoin cash (BCH) is now trading at $1,000 USD, returning the price to levels not seen since late March of this year. Analysts have attributed the spike to after-tax-season liquidity, strong volume, and a passionate and active community supporting the project. Also read: Bitcoin Cash Gains Advance 4% Above BTC Bitcoin Cash Smashes Through $1,000 The […]
The post Bitcoin Cash Smashes Through $1,000 USD appeared first on Bitcoin News.
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The cryptocurrency markets have shown early signs of a bullish momentum shift following several months of heavy selling pressure. After losing upwards of 75% to 85% and forming ‘adam-and-eve’ style double bottoms, many leading cryptocurrency markets have produced significant bounces over the course of the last fortnight. The markets now appear poised in ‘open air’ […]
The post Markets Update: Broken Trendlines and Bullish Bounces appeared first on Bitcoin News.
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The trading volume for Tanzanian bitcoin pairings on Localbitcoins has spiked to establish a new record high this week. The sudden spike in volume has occurred after several months of increasing warnings regarding virtual currencies from Tanzania’s central bank. Certain South American markets have also seen spikes in trading activity, with Peru and Vietnam also […]
The post Tanzanian, Venezuelan, and Peru’s P2P Bitcoin Markets Witness Record Volume appeared first on Bitcoin News.
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