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RVN currently comprises the 23rd top gaining asset of the past week following a dramatic rally to test resistance at the prior all-time high (ATH). In other market action, a dramatic influx of volume has propelled COSM and ENJ to top of the gainers list. Meanwhile, the week’s top losers appear to predominantly comprise illiquid […]
The post Up and Down: RVN Plateaus, ENJ and COSM Surge appeared first on Bitcoin News.
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During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses […]
The post P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela appeared first on Bitcoin News.
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Cryptocurrency markets have been looking more optimistic but many digital assets are still struggling to surpass upper resistance in order to move forward. On Friday, March 8, trade volumes have increased, showing a quick spurt of renewed energy but market indicators suggest there a few more hurdles ahead. Also read: An In-Depth Look at Ethereum’s […]
The post Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance appeared first on Bitcoin News.
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Despite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]
The post Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume appeared first on Bitcoin News.
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For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest […]
The post Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018 appeared first on Bitcoin News.
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Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains […]
The post Markets Update: Diminished March Trade Volume Mirrors Previous Patterns appeared first on Bitcoin News.
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The peer-to-peer (P2P) markets have seen a dramatic increase in Iranian and Indonesian trade activity, with both markets posting triple-digit volume gains in recent weeks. Localbitcoins volume has also surged in select Latin American markets this past week, with the Dominican Republic, Colombia, and Venezuela posting some of their strongest trade on record. Also Read: […]
The post P2P Markets Report: Iranian Localbitcoins Volume Gains 190% in a Week appeared first on Bitcoin News.
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Following Sunday’s sudden rally and retracement, most leading crypto assets have produced sideways consolidation just below the support ranges established during the previous week. The major exceptions to the trend are XRP and ONT, both of which appear to have held above last week’s support zones. Also Read: Bitcoin Whales Have Accumulated Thousands of Coins […]
The post Markets Update: Support Turns Into Resistance for Leading Cryptocurrencies appeared first on Bitcoin News.
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The cryptocurrency markets have seen significant volatility over the last 24 hours, with BTC rallying by 7% to test resistance at $4,200, before violently crashing approximately 10% back below $3,800. BCH has posted comparable volatility, currently trading for $135 after rallying above $150 for the first time since Jan. 10 earlier today. Also Read: German […]
The post Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance appeared first on Bitcoin News.
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The recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH […]
The post Markets Update: Altcoins Gain on BTC appeared first on Bitcoin News.
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