Day: March 15, 2019

‘No Change’ to Bitcoin Futures Plans, CME Says, as Cboe Pulls Back

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It’s business as usual for CME Group’s bitcoin futures market, despite a retrenchment by rival derivatives exchange operator Cboe Global Markets. Contacted by CoinDesk Friday, a spokesperson for CME said the exchange has “no changes to announce re our bitcoin futures contract” and declined to comment on Cboe’s pullback. The affirmation is notable in light of the news Thursday that Cboe will not add a bitcoin futures contract for trading in March. This means that after the last currently traded futures expire in June, this market will essentially come to…

Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

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In the past seven days, the valuation of the crypto market has increased from $131 billion to $137 billion as the Bitcoin price slightly recovered to $3,960. Bitcoin Stagnancy Shows No New Money Entering Crypto Market The minor movement in the price of bitcoin despite the significant surge in the price of alternative cryptocurrencies suggest that existing money in the cryptocurrency market is moving – but new money is not flowing in. Speaking to CCN, a cryptocurrency technical analyst known as DonAlt said that there exists a newfound optimism in…

Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

boss

In the past seven days, the valuation of the crypto market has increased from $131 billion to $137 billion as the Bitcoin price slightly recovered to $3,960. Bitcoin Stagnancy Shows No New Money Entering Crypto Market The minor movement in the price of bitcoin despite the significant surge in the price of alternative cryptocurrencies suggest that existing money in the cryptocurrency market is moving – but new money is not flowing in. Speaking to CCN, a cryptocurrency technical analyst known as DonAlt said that there exists a newfound optimism in…

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Tron, Cardano: Price Analysis, March 15

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. In a recent interview, United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton said that he is concerned about manipulation and custody services in the crypto space. If these issues are addressed and if any Bitcoin ETF satisfies their rules, it might stand…

Cboe Suspends Bitcoin Futures Contract Amid Weak Trading Volume – BTCMANAGER

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The Chicago Futures Exchange (CFE) has declared that its planned bitcoin futures market will not be added this month, as per a notice published March 14, 2019. Prudent Approach The announcement from the CFE arm of The Chicago Board Options Exchange (CBOE) explains why and how they came to this decision, indicating a future view for such an addition. The post writes: “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to…

Litecoin (LTC) Firm above $50, Blockchain Could Modernize Congress

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Litecoin price up 3.4 percent The blockchain is a window and an opportunity Participation level rise as Litecoin prices print higher Kevin McCarthy believes that blockchain will help build trust in public institutions. Such remarks are bullish for blockchain and could help prices of digital assets as Litecoin recovers from current lows. Litecoin Price Analysis Fundamentals Although we cannot refute the link between Litecoin and Bitcoin, we must agree that there are differences. The latter has a vibrant community. Since it is a public blockchain, changes are hard to make.…

Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures

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Cryptocurrency mining is reportedly one of the most observed objectives of hackers attacking businesses’ cloud infrastructures, according to a report by AT&T Cybersecurity on March 14. The cybersecurity wing of United States telecoms firm AT&T stated that organizations of all sizes continue to face major crypto mining attacks despite the ongoing bear market. In the new report, AT&T examined the most significant forms of cryptojacking associated with mining attacks on organizations’ cloud infrastructure. AT&T outlined four major cryptojacking tactics used by hackers such as compromising container management platforms, control panel…

Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

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Venezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no electricity for well over a week. According to reports on March 14, electricity has been restored throughout most states within the country. However, during the week-long blackout, bitcoin trades on the peer-to-peer exchange Localbitcoins plummeted by 40 percent. Also Read: Satoshi’s Pre-Release Bitcoin Code Contains Fascinating Findings Venezuelan Infrastructure Remains in Dire Straits The Venezuelan people have been suffering for quite some time as the nation’s…

How to Predict Crypto Price Trends, Explained

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2. Don’t worry — it’s a lot simpler than you think. The charts you’ll commonly see in our price analyses, as well as on crypto exchanges, are known as candlesticks. There is method behind the madness here. When performing technical analysis, you’ll want to see how prices have evolved over a period of days, weeks or months, but seeing an average value for each 24-hour period won’t tell the full story. Candlesticks enable you to see the full details of how the price of a crypto asset fluctuated over the…

Ripple (XRP) BB Squeeze Hints of Undervaluation and Demand

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Ripple prices up 1.4 percent in last day Remittance faster and cheaper in Ripple platform Participation levels low as prices flat-line The decentralization argument will continue as long as there are ardent supporters. Ripple Inc executives maintain their ledger is decentralized, but critics are not buying it. Regardless, Ripple (XRP) buyers are in control and likely to close higher by close of this week. Ripple Price Analysis Fundamentals Like Bitcoin, Ripple is a third-party free remittance service. In a recent tweet, Pomp said Bitcoin as the first global payment option…