Bitcoin’s price is gathering upward momentum as traders buy fewer put options, which are bearish bets on the top cryptocurrency. At press time, bitcoin was changing hands near $9,400, representing a 2% gain on the day, according to CoinDesk’s Bitcoin Price Index. On a week-to-date basis, the cryptocurrency is now reporting over 8% gains. Bitcoin’s …
Bitcoin Price Tests $9.4K as Demand for Put Options Drops Read More »
Bitcoin fell from $9,500 to $8,100 on Saturday, posting a 14.6% loss in just 10 short minutes. The price has since recovered covered slightly to nearly $8,800. Source: Tradingview Following the sudden drop, liquidations of BTC perpetual swap reached $226 million on BitMEX. Source: Skew The plunge brought the digital asset’s month-long rally to a …
Bitcoin price tanks by 15% in 10 minutes causing $226M of liquidations on BitMEX Read More »
The cryptocurrency ecosystem seems to have stabilized with volatility reducing in recent times. However, some altcoins are performing better than others. Chainlink is one such example. Link has its price up by 104% since 2020, however, BTC and Doge are at 5.20% and 5.11%. Source: TradingView Dogecoin DOGEUSD TradingView At the time of writing, the …
Doge, Chainlink, and Bitcoin price: Link outshines BTC and DOGE but not for long Read More »
Data provider Nomics is using machine learning to predict the future prices of cryptocurrencies like bitcoin. Launched Thursday, the 7-Day Asset Price Prediction feed will give an outlook on future crypto prices based on purpose-built algorithms and the firm’s API, Nomics CEO Clay Collins told CoinDesk in an interview. “There are a lot of poor …
Nomics Machine-Learning Tool Offers 7-Day Price Forecast on Top 100 Cryptos Read More »
View Historical data suggests bitcoin could put in a positive performance in the second quarter. Bitcoin is currently trapped in a pennant pattern on the daily chart. A breakout will likely yield a rally toward $8,000. A pennant breakdown would put the bears in a commanding position and open the doors to $5,000. Bitcoin kicked …
Bitcoin Enters Historically Strong Quarter With 3% Price Gain Read More »
The cryptocurrency market has been noting a reversal in trend lately, with most cryptos trying to recover their lost gains. Among the many altcoins trying to do so, Ethereum Classic [ETC] managed to wrap a positive YTD, while others’ returns remained in the negative. Ethereum Classic [ETC] Source: ETC/USD on TradingView Ethereum Classic, ranked 21st …
Ontology, Dash, Ethereum Classic Price: ETC outperforms Bitcoin with 11% returns Read More »
Crypto-assets faced one of the worst slumps in history in March 2020, with several crypto-assets continuing to project a high degree of volatility. Despite prices relatively stabilizing, certain crypto-assets did record a bit of movement over the past 24 hours. Source: BSV/USD on Trading View Bitcoin SV received a temporary boost in its price after …
NEM, DigitByte, Bitcoin SV Price: Sideways movement stalls momentum Read More »