Day: January 12, 2020

Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here’s Why

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At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security Due to the fact that the CME has been one of the most influential companies on this nascent market over the past few years, analysts have already begun speculating on what effect…

Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here’s Why

boss

At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security Due to the fact that the CME has been one of the most influential companies on this nascent market over the past few years, analysts have already begun speculating on what effect…

Block.One Released Major EOS.io Blockchain Software Update EOS.io 2.0

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Blockchain software development firm Block.One released EOS.io 2.0, the software underlying the EOS blockchain. In the release announcement published on Twitter on Jan. 10, Block.One claimed that the update makes the blockchain “faster, simpler, and even more secure.” Major changes to the smart contract virtual machine The official blog post on new software explains that it includes a purpose-built WebAssembly (WASM) engine on which the EOS smart contracts run. According to its official website, WASM is an instruction format designed for deployment on the web and servers. This change is…

5 Reasons Q1 & Q2 Should be HUGE for XRP & Ripple

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2019 ended with a rather disappointing sub-twenty cents per XRP, yet the good news continues to roll in with both utility and adoption trending skywards. Join us as we take a look at the biggest factors we think could lead to an XRP price rally, taking it far higher than its ATH of $3.80 as institutional investment pours in. This is not financial advice nor a price prediction, clearly, the market is heavily manipulated, however, there are a few triggers that could change price stagnation rapidly. The internet of value…

Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin on the verge of breaking seven-month downtrend It’s been another tumultuous week for the world’s biggest cryptocurrency, which is on the verge of breaking out of a long-running downtrend. Although BTC rallied to $8,400 a few days ago — which is the next resistance…

Cointext CTO Vin Armani Talks Content, Reveals the ‘Real’ Bitcoin in New Video

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Cointext CTO Vin Armani has a lot to say. The multi-faceted content creator, voluntaryist philosopher, and developer in the Bitcoin Cash community crafts thought-provoking crypto content. Whether dissecting the ‘gym friend’ meme in the context of grounded masculinity, or addressing the roots of tribalism and which chain is the true Bitcoin, Armani’s collaboration with video editor @CryptoSpanglish has seen his content grow in popularity, and established him as one of the influential voices of the current crypto zeitgeist. Also Read: Why the Counter Economy Is Necessary to Bitcoin’s Survival as…

Cointext CTO Vin Armani Talks Content, Reveals the ‘Real’ Bitcoin in New Video

boss

Cointext CTO Vin Armani has a lot to say. The multi-faceted content creator, voluntaryist philosopher, and developer in the Bitcoin Cash community crafts thought-provoking crypto content. Whether dissecting the ‘gym friend’ meme in the context of grounded masculinity, or addressing the roots of tribalism and which chain is the true Bitcoin, Armani’s collaboration with video editor @CryptoSpanglish has seen his content grow in popularity, and established him as one of the influential voices of the current crypto zeitgeist. Also Read: Why the Counter Economy Is Necessary to Bitcoin’s Survival as…

Bitcoin Trading Volumes More than Doubled in a Week Says Report

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A report published on Jan. 9 by cryptocurrency market research firm Arcane Research, Bitcoin (BTC) trading volumes more than doubled in a week. Per the report, the 7-day average daily trading volume has seen a 126% increase in a week at the start of 2020, with almost $1.5 billion traded just on Jan. 8. The report reads: “The market recovered sharply from the disappointing $192 million that were traded on Jan. 1.” Crypto market “certainly getting more bullish” The researchers also note that the Crypto Fear & Greed Index shown…

Institutional and Retail Bitcoin Futures Demand Continues to Climb

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2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures have a long way to go to catch up to the trade volumes retail bitcoin derivatives platforms have seen. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance Regulated Bitcoin Futures Products See Increased…

Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet

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Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now. Even I saw some bullish momentum as outlined in last week’s analysis, but have we seen the bottom yet? Or is there more downside to come before we resume a bull trend? Daily crypto market performance. Source: Coin360.com The monthly MACD is bearish BTC USD monthly chart. Source: TradingView Working backward through various time frames, a look at the Moving…