ETH/BTC Ready To Print New High, Veteran Trader Says

ETH/BTC Ready To Print New High, Veteran Trader Says

Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTCThe popular cryptocurrency analyst said in a tweet today that the ETH/BTC trading pair is looking stronger ever since the quoted asset Bitcoin has started underperforming. The benchmark cryptocurrency has corrected by…

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Bitcoin Price Back ‘On the Edge’ Says Trader After $8.8K Rejection

Bitcoin Price Back ‘On the Edge’ Says Trader After $8.8K Rejection

Bitcoin (BTC) staged a dramatic breakout of its weekly trading corridor on Nov. 15, but selling pressure rejected an attempt to break $9,000. Cryptocurrency market daily overview. Source: Coin360Bitcoin fails to break resistance at $9KData from Coin360 shows BTC/USD suddenly moving upwards on Friday, hitting $8,800 in minutes from previous levels closer to $8,550. The bullish momentum…

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Crypto Markets Showing Signs of Recovery, While BTC Stalls Above $8500

Crypto Markets Showing Signs of Recovery, While BTC Stalls Above $8500

Sunday, Nov. 17 — Crypto markets are showing mild signs of recovery, while Bitcoin (BTC) stumbles above the $8,500 price mark.Cryptocurrency market daily overview. Source: Coin360For the better part of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,500 and $8,600, while slowly finding its way towards the $8,700…

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Bitcoin Price Slips Below $8,600 While Tezos Jumps 11%

Bitcoin Price Slips Below $8,600 While Tezos Jumps 11%

Thursday Nov. 14 — Cryptocurrency markets are largely trading sideways, with Tezos being the only top-20 coin showing notables gains of more than 11%.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been showing little price movement over the last few days and recently sipped below the $8,600 price mark. The world’s largest cryptocurrency started the day…

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Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

The Sacramento Kings — who spearheaded Bitcoin (BTC) payments for fan merchandise back in 2014 — have revealed some of the quirks in their history of cryptocurrency engagement.According to a Nov. 21 report from Front Office Sports, the NBA team’s chief technology officer, Ryan Montoya, remarked:“People from all over the world were buying Kings jerseys,…

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Markets Crash After Reports That Binance’s Shangai Office Closed in Crypto Crackdown

Markets Crash After Reports That Binance’s Shangai Office Closed in Crypto Crackdown

Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location.Binance has not responded to Cointelegraph’s requests for comment…

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Three Technologies The Crypto Market Needs For Institutions To Arrive

Three Technologies The Crypto Market Needs For Institutions To Arrive

Cryptocurrency trading has emerged as the killer app of blockchain technology. Billions of dollars are exchanged daily on digital asset exchanges. Yet, it appears that most of the volumes are from retail investors. For example, earlier research showed institutions accounted for only 10% to 24% of the bitcoin trading volumes. Big institutional investors that dominate…

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