Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare. Notional volume for BTC options on Chicago Mercantile Exchange, or CME, also tagged a new record in recent days, with 202 contracts changing hands on May 5. April 30 posts historic volume $66.2 billion worth of crypto assets changed hands on April 30 as Bitcoin (BTC) rallied above $9,000 — comprising the second-largest daily volume behind the $75.9 billion…
Day: May 10, 2020
Bitcoin koers analyse 20 april 2020 | Crypto Insiders
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin is op de 4-uurs chart weer een grotere move aan het voorbereiden. Vrij duidelijk is de structuur zoals besproken in de video. Onder de 50MA op de 4-uurs chart sluiten is niet wenselijk. Echter de gevaren beginnen onder de 200MA en $6.700 op dit moment. Aan de bovenzijde ligt de liquiditeit nog steeds naar die $7.800-8.000 toe. Een move deze kant op zou dan ook allerminst verbazen. Op korte termijn zie ik zeker nog potentie voor upside. Echter zal er nog…
Will Bitcoin Go to the Moon?
This is not the first time an event called halving has happened on the Bitcoin (BTC) network. The first halving took place in 2012; the second halving took place in 2016. Now, the third halving is expected, and like the previous ones, it will halve the reward for the calculated Bitcoin block. Originally, the reward for the calculated block was 50 BTC. Since then, the reward has been reduced to 25 and 12.5 BTC — and is about to be reduced to 6.75 BTC. The upcoming halving, however, differs from…
Blockchain Influencer Awards REACTION 🔵Vote Now! [Live Crypto Hangout Los Angeles 2020]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this livestream I want to REVIEW, REACT, & DISCUSS the nominees on this list: I will be voting live and YOU will be helping me! Follow This Link & Vote For Altcoin Daily RIGHT NOW. Aaron & Austin are live! Grab a beer (or a coffee). And ASK US A QUESTION! Let’s hangout and talk cryptocurrency! Follow Aaron On Twitter: Follow our personal Instagrams: Aaron: Austin: Check Out Our Hollywood Podcast With Comedian Mark Normand. Here is a clip: Follow us…
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XTZ, ADA, NEO
Several major cryptocurrencies have seen strong buying at lower levels, suggesting that the uptrend is likely to resume once Bitcoin finds support. Bitcoin (BTC) rallied above $10,000 on May 7 and just when everyone was getting ready for the long-anticipated halving surge the top-ranked cryptocurrency on CoinMarketCap plunged over 15% to hit a low of $8,130.58. However, the sharp fall in price did not attract further selling, which suggests that traders are not panicking and dumping their positions. This indicates that the sentiment is to continue buying on the dips.…
OKEx Registers Surge in Traffic, Are Traders Finding It More Favorable than the Rest?
The cryptocurrency market has been going through some tough times in recent months as the coronavirus pandemic continues to affect the entire world. However, the prevailing conditions in the industry are far better than the conventional global financial markets. While the entire world stares at an inevitable recession in the coming days, many investors have started investing in some of the leading digital currencies as a measure to minimize the impact on their finances. These decisions are based on the fact that Bitcoin and a significant number of altcoins…
Token Sales Treated as Securities Offerings by Default in Gibraltar
In an exclusive interview with Cointelegraph, Gibraltar’s minister for digital and financial services, Albert Isola, has welcomed firms wishing to launch security tokens to the jurisdiction. The minister revealed that the British Overseas Territory assumes that all token offerings are securities issuances by default, placing the responsibility on the issuer to be able to demonstrate otherwise. Minister Isola also revealed that the government will soon mandate that the employees of all financial firms in the jurisdiction attend a university course on anti-money laundering, or AML, risks. Gibraltar welcomes security tokens…
Ethereum: Price performance based on the Bitcoin 20 week MA
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Positive On-Chain Activities During Bitcoin Halving Countdown
We have almost reached Bitcoin’s third halving where the network halves the block reward from 12.5 Bitcoin (BTC) to 6.25 BTC. This event has recently ignited strong market interest where Bitcoin broke through $10,000 on May 8, 2020, fully recovering from the Black Thursday crash. Meanwhile, the total cryptocurrency market cap has also passed $270 billion. At the time of writing, Bitcoin is currently hovering around $10,000. On-chain market activities have turned positive and have taken a u-turn after Black Thursday As of May 8, 2020, the Bitcoin network hash…
Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according to Google Trends the term “bitcoin halving” is one of the most searched topics within the crypto ecosystem today. Prior Bitcoin Halvings On Saturday evening give or take a few hours and minutes, the BTC network will experience…