Bitcoin

If you are new to investing in the crypto market, you've likely heard people talking about crypto bull/bear markets or crypto whales, but you might not be sure what they mean. The truth is that it's possible to make money in both bull and bear markets, but there are different strategies for each. That said, investors should be cautious when putting their money into cryptocurrency markets, no matter what type of investing environment we are experiencing, because there are serious…

The backdrop of current worldwide economic trouble is a concern when it comes to the performance of Bitcoin. However, up till this moment, Bitcoin has done well such that it posted year-to-date gains while the performance of equities market is still well beneath its level in the beginning of 2020. At the moment, there are two swiftly emerging events which may prompt both prevalent adoption and accumulation for Bitcoin. These two events have the potential to bolster the benchmark cryptocurrency…

The cryptocurrency futures market has been experiencing a shakeup since the cryptocurrency market crash which happened on March 12. The market crash led to the decision by BitMEX to lose some of its futures marketplace to Binance, says the cryptocurrency intelligence company Coin Metrics. Reports have it that BitMEX experienced two distributed denial-of-service (DDoS) attacks during the market crash last month. The attacks led to late processing of market orders and 156 accounts sustained losses. Since then, BitMex has lost market volume…

On April 20, crude oil incurred a momentous price decline by 99 percent. This unexpected decline increased the difficulties posed by the coronavirus pandemic. The difficulties are more in nations where fuel is 90 percent of all exports. Due to correlation among traditional assets, the swift decline affected gold and SPX. However, when we examined the cryptocurrency markets, it was discovered that on the same day, Bitcoin incurred a 4.9 percent decline. Bitcoin experienced rejection at $7.2k price level. As at the time…

This saying keeps repeatedly circling according to the strength of a cryptocurrency like Bitcoin in its network. The greater the number of individual contributors and supporters of the network, the higher its resiliency towards external threats. In the blockchain, there is a direct correlation between the number of participants and network security. There is strength in decentralization. The reason for the interdependence between participants and security, at least for Proof-of-Work coins like Bitcoin, is the amount of work put in.…

Venture Smart Asia’s blockchain arm, Arrano Capital, has launched Hong Kong’s first approved cryptocurrency fund. The launch targets $100 million and offers an officially sanctioned window for institutional investors in Bitcoin. The announcement emerged on Monday, after it cleared the licensing conditions which allows dealing in virtual assets with the Securities and Futures Commission. In 2019, local regulators began to find means of exerting oversight over the cryptocurrency industry. This is the first time of approving such fund since then. Before now, the…

Perpetual contracts trading makes up a significant percentage of overall exchange-traded cryptocurrency volumes. Investors looking to bet on the price developments of BTC and other crypto assets are often not too concerned about holding actual tokens but are instead interested in trading highly liquid cryptocurrency derivatives such as perpetual futures contracts. Perpetual futures contracts on cryptocurrencies are financial derivatives enabling traders to bet on the price movements of crypto assets using leverage without owning the underlying digital asset.  A futures…

Roger Ver is a renowned supporter of Bitcoin Cash. He has claimed payment of thousands of dollars in Bitcoin fees many times on the Bitcoin network. The information was provided in a video on Twitter by Bitcoin Meme Hub. In the video, Ver said he paid the sum in Bitcoin uncountable times. https://twitter.com/BitcoinMemeHub/status/1250840996985933824 The Bitcoin fork, which happened in 2017 brought about differences in fees and speed. The fork split due to disagreements regarding the asset which eventually divided the community. Big blocks supporters desire faster transactions…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $208 billion. Bitcoin returns to trade above $7,000 less than a month before the halving Ethereum ends the week trading above $183 XRP continues its struggle to overcome the $0.20 barrier The OPEC announces the largest historical cutback of crude oil production in history. COVID-19 has now surpassed over 2 million cases worldwide Crypto…