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Day: November 18, 2020
Market Wrap: Bitcoin Hits $18.4K; $260M in Ether Options Expire in December
Higher spot volumes Wednesday – and record volumes for the past month – are helping push bitcoin higher. Meanwhile, ether options for December pass 550,000 ETH. Bitcoin (BTC) trading around $17,688 as of 21:00 UTC (4 p.m. ET). Gaining 0.17% over the previous 24 hours. Bitcoin’s 24-hour range: $17,571-$18,474 (CoinDesk 20) BTC below its 10-day moving average but above the 50-day, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Nov. 16.Source: TradingView Bitcoin made gains for the third straight day this week, going as high as $18,474…
Institutional Investors ETPs Generate Crazy Gains as Bitcoin Bull Run Continues
Bitcoin exchange-traded products (ETPs) floated by leading institutional investors such as Grayscale, which recently surpassed the $10 million AUM mark, Wisdom Tree, and others, have seen a massive increase in market capitalization and volume in the last 30 days thanks to the ongoing bitcoin (BTC) bull run, according to a CryptoCompare’s Digital Asset Management Review released on November 17, 2020. Bitcoin ETPs Hit the Moon As predicted by top analysts at the beginning of this year, 2020 is proving to be a great year indeed for the bitcoin price, as…
Here’s Why Bitcoin Won’t Ever See Another March-Style Selloff Event
Bitcoin has come a long way from where it was just under one year ago, with the March 12th selloff sending the cryptocurrency to lows of $3,800 – from which point it has seen exponential upside growth. One analyst is now noting that BTC’s days seeing sharp selloff events like this one are over, with its underlying market structure maturing at a rapid pace throughout the past several months. The recent exodus away from BitMEX may be contributing to its stability, as the market is now being primarily driven by spot…
SEC leader touts record on digital assets on his way out the door
Bill Hinman, outgoing director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission chose to focus one of his last speeches on the commission’s achievements in regulating crypto during his tenure. In remarks published on the Securities and Exchange Commission, or SEC, website on Nov. 18, Hinman cited the SEC’s record as being open to technologies like cryptocurrencies and blockchain without the need for overhauling the existing regulatory framework. “Being able to apply the federal securities laws to new and emerging technologies like digital assets without…
BITCOIN : LA DERNIÈRE HAUSSE ! 🚀
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✅ SwissBorg un ticket gratuit de 1 à 100€ : 👉 ✅ Brave, le navigateur qui te fait gagner de l’argent : 👉 ✅ Inscris-toi sur BINANCE : 👉 ✅ Sécurise tes crypto avec une Ledger : 👉 Dans cette vidéo je vous fais l’analyse journalière du #bitcoin et des autres #crypto. Je fais une analyse technique de l’ensemble du marché. Et une présentation des différents articles sur les actualités de la journée. #trading ✅ Sommaire de la vidéo : 00:00 :…
DeFi Exploits Can’t Be Pinned on Flash Loans, Industry Leaders Say
Nine months ago, in a Denver convention center, a booth sat empty. Littered with token stickers, the table was supposed to hold the physical representatives of decentralized finance (DeFi) protocol bZx. It remained empty, however, as the team struggled to make sense of the digital forces twisting their young project. bZx, as they would come to find out, was 2020’s flash loan “patient zero”. AFTER THE HACK: DeFi protocol bZx’s booth sits empty at ETHDenver. (CryptoX archives) Flash loans remain the common thread through all those recent attacks. These DeFi-native…
Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV
Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses. Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders. However, investors in several countries such as Russia, Argentina, Brazil, and Mexico have already seen their Bitcoin holdings hit a new all-time high in their local currency. Even Bitcoin’s market capitalization has hit a new record high, topping…
Cointelegraph to auction digital collectibles inspired by famous works of art
Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them. Over the past seven years, our talented team of illustrators and graphic designers has created a unique, instantly recognizable visual identity. Cointelegraph illustrations are part of the mythos and lore of cryptocurrency today, and the accessibility, humor and sheer exuberance of our images have helped draw countless numbers of crypto converts into the industry. For the first time, we’re offering our…
Vijay Boyapati’s Four Mental Models for Valuing Bitcoin
From “Tulip Mania” to “the World’s Reserve Currency,” Vijay’s valuation models show the full range of bitcoin’s long-term possibilities. Vijay Boyapati’s “The Bullish Case for Bitcoin” is one of the most influential articles in the history of the industry – even being assigned reading from MicroStrategy’s Michael Saylor as he tried to convince his board on the merits of what would become its big bitcoin move. In this conversation with NLW, Vijay discusses his recent thinking around four valuation frameworks that help us understand 1) how people see bitcoin’s upside potential and…