Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day...
This summer, over 50,000 trades on popular crypto exchange Kraken, concerning the very controversial alternative coin tether (USDT), were analyzed by journalists, an academic, and a former US Federal Reserve regulator. They describe activity monitored as highly unusual in that larger orders of tether failed “to sway prices much.”...
Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are...
As everyone knows, bitcoin has dropped roughly three-fold from its December peak. At the height of the mania it touched $20,000 but has since fallen to as low as $6,000. The question of what caused the great decline is one that most bitcoiners have an opinion on. In a...
Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to...
Robomarkets, a brokerage that operates in the European markets, has added access to trading CFDs based on cryptocurrencies for its clients. Some of the most popular cryptocurrencies such as bitcoin, bitcoin cash, dash, ethereum, litecoin, and ripple, have been added to the list of available trading instruments. Also Read: Mastercard...
The price of bitcoin has bounced off a recent low of $7,300 USD in recent days, with prices hovering testing resistance at $9,000 as of this writing. The majority of altcoin markets have bounced alongside BTC, indicating that the cryptocurrency markets still remain correlated to bitcoin. Also Read: Snowden Releases NSA...
The disappointing price performances of the cryptocurrency markets in January and February have apparently driven many bitcoin traders to avoid checking on their exchange accounts. Estimations of the total number of visits to the trading venues based on web traffic show a sharp decline month over month.      Also...
Famed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong,...
The price of bitcoin has seen some corrections over the years, but really there have only been a few deep cuts. With the bearish dips in price over the past five weeks it’s always good to look at the historical view of value drops and the long-term achievements of...