Tag Archives: BTC

Singaporean crypto derivatives exchange Bybit has announced that it will soon launch a bi-annual trading competition with a 200 BTC ($1.8 million) prize pool. Dubbed the “World Series of Trading” or WSOT, the contest lays claim to being the world’s largest cryptocurrency trading competition. The inaugural event will take place …

Fixed supply and interest rates that refuse to turn negative were among the top advantages of swapping fiat for BTC, says PlanB. Source link

Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency. This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC …

Bitcoin hangs near the chasm of the adoption curve and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally. Source link

Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term. Source link

For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager. It shows that for the past eight weeks now, BTC has been trapped in a ~15% range …

Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300. Bitcoin is showing a few positive signs above the $9,200 and $9,150 levels. The price revisited the $9,300 …

A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status. Source link

Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Source link

Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. The weakness ETH has seen against both USD and BTC has come about despite it incurring …