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Deribit’s Sees Largest Bitcoin Options Trade

October 30, 2020 , , , , , , , , , , , , , , , , , , , , Eddy 0

The world’s largest cryptocurrency, Bitcoin was being traded at $13,499 after a rather swift uptrend from $10,000. However, some market participants in the derivatives world appear to be aiming for at least $30,000 in the next three months. Crypto derivatives exchange Deribit revealed that the largest ever Bitcoin options has been filled on the platform. […]

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Bitcoin Technical Analysis: BTC Renews The Uptrend As $15,000 Beckons

October 30, 2020 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin bulls build upon the support at $13,000 and restart the journey eying $14,000 and $15,000. The path with the least resistance is upwards as highlighted by the golden cross and the MACD. Bitcoin retreated to the support at $13,000 where more demand was created by investors joining the market in anticipation of a rally […]

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Binance Overtakes BitMEX As Bitcoin’s Most Liquid Perpetual Swap

October 30, 2020 , , , , , , , , , , , , , , , , , , , , , Eddy 0

The dynamic of the cryptocurrency market keeps changing dramatically. Binance Futures is one such name in the industry whose cryptocurrency futures contracts platform from the stables of the innovative Binance crypto exchange, has continued to gain traction since its launch in September last year. Binance Takes Over Recent data showed that the once top crypto […]

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BTC Slips Below $13,000 As Crypto Market Comes Under Pressure Amid Stock Market Sell-off

October 29, 2020 , , , , , , , , , , , , , , , , , , , , , Eddy 0

After holding up well earlier this week against the stock market sell-off, Bitcoin finally enters correction slipping below the crucial $13,000 in a market-wide sell-off. At press time, Bitcoin (BTC) is trading 3.23% down at a price of $12,980 with a market cap of $240 billion. At press time, the overall cryptocurrency market looks under […]

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Gold Investors to Flip to Bitcoin (BTC), Says Investor Raoul Pal

October 28, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s inherent value-proposition remains so strong that even big players of the market are considering to dump traditional assets for Bitcoin (BTC). Popular market investor Raoul Pal has doubled-down on his Bitcoin bet calling BTC as the “supermassive blockhole”. In his latest comments, Pal suggests that Bitcoin will continue to distance instance from traditional assets […]

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Bitcoin Price Prediction: BTC Rally To $15,000 In The Offing

October 28, 2020 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin takes a hiatus at $13,800 but eyes glued on $15,000. The bellwether cryptocurrency has no significant resistance to $15,000 especially if the short-term hurdle at $14,000 is broken. Bitcoin not only hit new yearly highs but achieved June 2019 levels. The flagship cryptocurrency is on an upward roll, which seems unstoppable at the moment. […]

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Bitcoin Unfazed by Monday’s Stock Market Sell-Off, Beats Gold As A Hedge

October 27, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin-Gold-Stock Markets have been on investors’ radar throughout 2020. Interestingly, after Monday’s major sell-off in the stock market, BTC continues to show its strength and is trading above $13,4000 levels at press time. On Monday, Dow Jones (INDEXDJX: .DJI) corrected 650 points or 2.29 with other indices following the cue. This has been the biggest […]

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Bitcoin Whale Addresses Increasing as Unrealized Profits Hit Yearly Highs

October 27, 2020 , , , , , , , , , , , , , , , , , , , Eddy 0

Several on-chain metrics for Bitcoin have been entering bullish territory as the asset remains above $13k for the fourth straight day. Bitcoin has held on to gains it made last week, remaining above the $13k barrier for the past four days. It has not revisited that 2020 high of $13,350 made on Sunday, but is […]

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Bitcoin Mining Giant Marathon Orders 10,000 Bitmain Antminer S-19 Pro

October 26, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Just as institutional players start raking up their BTC investments, Bitcoin mining groups start adding more mining gears. North America’s public traded self-mining company Marathon Patent Group placed a huge order with Bitmain, the biggest manufacturer of crypto mining hardware. Marathon has placed an order of 10,000 qty for Bitmain’s next-generation Antminer S-19 Pro ASIC […]

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Social Sentiment on Crypto Twitter Does Big 180 as Bitcoin Surges

October 26, 2020 , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s new 2020 high over the weekend has rejuvenated social sentiment which has done a complete u-turn according to recent research. There are many technical and fundamental indicators that can give signs as to what market sentiment is like, and for the crypto industry, social media plays a big part. According to analytics from Santiment […]

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