Bitcoin’s now-concluded halving event, which several in the industry cited as a price catalyst, seems to have revived institutional interest in a hyped, but overlooked trading product. Bitcoin Halving Spurs Options Interest As reported by The Block on May 17, Bitcoin options at the Chicago Mercantile Group (CME) have surged since last week, coinciding with the weekend of Bitcoin having. Trading volumes and open interest – the latter calculates “buy” orders in a particular product – have surged significantly compared to other months. Launched in early-2020, BTC options allow traders…
Day: May 18, 2020
Bitcoin News Roundup for May 18, 2020
BTC can’t seem to break $10K while JK Rowling gets an earful. It’s CoinDesk’s Markets Daily Podcast. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original
Bitcoin.com’s Mining Video Censored: The Tale of Youtube’s Blatant Censorship and Propaganda
During the last few years, the Google-owned Youtube platform has been accused of massive censorship and in the last three months, the video streaming business resembles the Ministry of Propaganda, more than an online video-sharing platform. This week Bitcoin.com was also censored for sharing a video about our bitcoin mining pool. Bitcoin.com’s Youtube account was given one strike for allegedly “violating community guidelines.” Youtube Took Part in Historic Amounts of Censorship During the Covid-19 Outbreak – People Will Not Forgive and Forget the Firm’s Transgressions When the online video-sharing platform…
Cardano (ADA) Climbs, But On-Chain Data Suggests Strong Resistance Is Ahead
Cardano has been in the spotlight of the cryptocurrency market following the recent developments around its Shelley incentivized testnet. Last week, for instance, the team behind IOHK gathered a small group of operators to provide insights on how the Shelley mainnet would look like. Charles Hoskinson, the CEO of IOHK, said that from a “QA perspective,” the testnet has been “tremendously successful” thus far. The co-founder of Ethereum stated that the “pioneers” have been working through a series of exercises that have been essential for the firm to understand the…
VeChain Teams up with I-Dante To Build Blockchain-Enabled Medical Data Management Platform for Cypriot Hospital – Blockchain News, Opinion and Jobs
VeChain and technology agency I-Dante recently announced they have co-developed a blockchain-enabled medical data management platform named The E-NewHealthLife and the Mediterranean Hospital of Cyprus, a hospital under the General Healthcare System of the Republic of Cyprus (GHS), is the first hospital to adopt this application. The hospital has 300 employees, 38k outpatient visits in 2019. VeChain, a pioneer blockchain company out of Asia, builds applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco and have worked with Walmart China, BMW,…
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Huobi’s Derivatives Platform Rebranded as Huobi Futures to Attract More Investors
Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures. According to the announcement from spokesperson and head of Huobi global business Ciara Sun the new name of the exchange is to signify the growth of the nascent industry into one that is now garnering the interests of both institutional and retail investors. Leveraging the potential of the derivatives market Reports shared by Huobi Group with Cointelegraph show that Huobi’s derivative platform has brought in substantial growth for the company in the first quarter of 2020.…
SOMETHING GREAT JUST HAPPENED TO BITCOIN!! MAKE SURE YOU UNDERSTAND THIS!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Check out the Cryptocurrency Technical Analysis Academy here: Use the coupon code “MayTheFourth” to get $40 off of the Cryptocurrency Technical Analysis Academy! Join the First Cohort here: In today’s video, we discuss the correction that Bitcoin has had, as well as the ramifications. Does this mean the end of the bull market? Or is this a healthy correction? We discuss this and much more in today’s Bitcoin update. If you would like to support the channel, below are affiliate links that…
As Ethereum Grinds Upwards Past $200, These Signals Can Fuel ETH Price
While the focus has been on Bitcoin (BTC) price recently, it is slowly shifting towards different projects. There’s a straightforward reason for that: the halving has passed by, so the markets are reverting to their normal day-to-day fluctuations. Hence, altcoins can regain some more attention. Based on that assumption, an analysis of Ethereum and its token Ether (ETH), the second-biggest cryptocurrency by market capitalization, is warranted. Crypto market daily performance. Source: Coin360 Ethereum facing heavy resistance between $215-230 as next hurdle While Bitcoin has been acting inside a range of…
57% Chance of Bitcoin Price Falling Drastically, According to This Indicator
There is a 57 percent chance of Bitcoin undergoing a bearish breakout, according to a standalone indicator. The warning pops at a time when the cryptocurrency is testing a 2.5-year-old trendline as its primary resistance. If valid, then the bitcoin price can fall towards $7,700. Bitcoin has confirmed the presence of a standalone technical indicator that could send its price down to $7,700. Dubbed as Diamond Top, the fractal pattern appears when an asset forms “higher peaks and lowers valleys,” eventually trapping the price action in a diamond-shaped area. Discovered first…