Tuesday, January 22, 2019
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...
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,...
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...
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...
Ask anyone where they go to compare cryptocurrency valuations and straight as a flash they’ll reply “Coinmarketcap” (CMC). It is by far the dominant price checking site in the cryptosphere, with Alexa making it the 44th most popular site in the US. For all its might, over-reliance on a...
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...
Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the...
The total market capitalization of all cryptocurrencies has broken into new highs, with coinmarketcap indicating that the market cap of the combined crypto markets is approximately $760 billion USD as of this writing. Also Read: Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets The Total Market Capitalization of All Cryptocurrency Markets...
Researchers at the American Institute for Economic Research (AIER) teamed with Missouri University Science and Technology to examine whether the price of bitcoin is being manipulated by a few traders. Conspiracy theories abound, and new accusations arise regularly. A first in a series of papers on the world’s most...