Cryptocurrency News Today

Despite the recent decline, exchanges still hold more than 16% of all bitcoins
8 months ago

Despite the recent decline, exchanges still hold more than 16% of all bitcoins

Quick Take Exchanges hold roughly 3.08 million BTC on behalf of customers, which is 16.5% of all available bitcoins The amount is down by 10% since February 9 when exchanges held as much as 3.43 million BTC (nearly 19% of the available sup...

Charts of XRP and Top Altcoins Look “Trash”: Here’s What May Come Next
8 months ago

Charts of XRP and Top Altcoins Look “Trash”: Here’s What May Come Next

The Bitcoin bull case may be rapidly forming, but the charts of XRP and other top altcoins still look “like trash” according to a top analyst. The analyst that made this assertion called that BTC would bottom at $3,200 in the mi...

4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst
8 months ago

4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst

Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators sug...

Bitmain releases cheaper bitcoin miner as it loses market share to MicroBT
8 months ago

Bitmain releases cheaper bitcoin miner as it loses market share to MicroBT

Bitmain has launched Antminer T19, a cheaper version of its more efficient bitcoin mining machine Antminer S19. The new model comes as Bitmain has been losing its market share to MicroBT. The post Bitmain releases cheaper bitcoin miner as i...

BitMEX To Release BCHUSD Quanto Perpetual Swap Contract On June 16
8 months ago

BitMEX To Release BCHUSD Quanto Perpetual Swap Contract On June 16

Prominent cryptocurrency exchange, BitMEX announced the launch of a BCHUSD quanto perpetual swap contract. The latest quanto contract is all set to roll out on

Will Bitcoin Finally Be Successful in Moving Above $10,000?
8 months ago

Will Bitcoin Finally Be Successful in Moving Above $10,000?

During the week of May 25-31, the Bitcoin price increased considerably, increasing from the mid $8,000s to a high of $9,742 and closed at $9440. However, the price has yet to break out from its current pattern. Bitcoin Weekly Outlook The Bi...

Music Video Director for Pop Superstars Dives Into Crypto Trading
8 months ago

Music Video Director for Pop Superstars Dives Into Crypto Trading

Famed pop music video director Joseph Kahn has announced that cryptocurrency trading is his new favorite hobby. Joseph Kahn, a music video director who has w...

Moving Forward Through Tough Times, an Interview with OKEx’ Jay Hao
8 months ago

Moving Forward Through Tough Times, an Interview with OKEx’ Jay Hao

NewsBTC asked a few questions to Jay Hao, CEO of the world’s leading crypto-asset exchange and trading platform to understand his perspective of the current global economic scenario and future of cryptocurrencies. In this interview, Hao a...

Bitcoin and Altcoins Signaling Bullish Continuation
8 months ago

Bitcoin and Altcoins Signaling Bullish Continuation

This past week, bitcoin gained traction above the USD 9,000 and USD 9,200 levels. BTC even broke the USD 9,550 resistance zone, but it struggled to surpass the USD 9,800 barrier. It is currently (08:30 UTC) consolidating gains and it might ...

One billion XRPs from Ripple escrow wallet for June faces criticism
8 months ago

One billion XRPs from Ripple escrow wallet for June faces criticism

It is a new month, and the blockchain company Ripple has fulfilled its 55-month XRP escrow schedule. As expected, another one billion XRPs has been released from the Ripple escrow wallet; however, the development has faced more criticism fr...

Ethereum Just Saw Key Technical Breakout: Break Above $250 Seems Likely
8 months ago

Ethereum Just Saw Key Technical Breakout: Break Above $250 Seems Likely

Ethereum is trading in a strong uptrend above the $230 pivot zone against the US Dollar. ETH price is likely to continue higher above the $245 and $250 resistance levels. Ethereum started a downside correction from the $250 resistance zone....

Cryptocurrency News Roundup for May 31, 2020
8 months ago

Cryptocurrency News Roundup for May 31, 2020

The weekend was pretty uneventful for the world’s top cryptocurrency as the BTC-USD pair maintained quasi-stability around $9,500. Which way the price will sway from here still remains fairly unclear. There is a growing bearish diverg...

Ethereum Price Analysis: ETH/USD Gazes Towards A Breakout $300, Why Are Ether Options Surging?
8 months ago

Ethereum Price Analysis: ETH/USD Gazes Towards A Breakout $300, Why Are Ether Options Surging?

Ethereum options market gain traction as anticipation for ETH 2.0 launch continues to grow. ETH/USD renews the bearish pressure under $240 after resistance at $242

Bitcoin's Stock-to-Flow Model Flashes First Red Dot Since Last Bull Run
8 months ago

Bitcoin's Stock-to-Flow Model Flashes First Red Dot Since Last Bull Run

Bitcoin is about to enter a new bull market, according to its stock-to-flow model

Stocks, Safe Havens and Hodlers — 5 Things to Eye in Bitcoin This Week
8 months ago

Stocks, Safe Havens and Hodlers — 5 Things to Eye in Bitcoin This Week

Wobbly stocks and oil contrast with booming gold to provide potential upside for Bitcoin, but fundamentals still need to pick up. Bitcoin (BTC) is going into...

Glassnode Reveals More Than Half of the Bitcoin Supply Has Been Dormant Over the Past Year As BTC Targets $10,000
8 months ago

Glassnode Reveals More Than Half of the Bitcoin Supply Has Been Dormant Over the Past Year As BTC Targets $10,000

Blockchain data provider Glassnode says a significant number of Bitcoin has not moved in over a year, showing an increase of hodling behavior among investors. A tweet from the on-chain analysis firm reveals that 60% of the BTC supply has re...

Ripple Unleashes 1 Bln XRP from Under Lock as First Day of New Month Arrives
8 months ago

Ripple Unleashes 1 Bln XRP from Under Lock as First Day of New Month Arrives

The first day of another month is here and Ripple has done what many both inside and outside the XRP community criticize it for – unfreezing a billion XRP

ZebPay in India hurdles regulations with Chainalysis
8 months ago

ZebPay in India hurdles regulations with Chainalysis

ZebPay in India is looking to keep up with that by expanding its partnership for Chainalysis KYT, i.e., Know Your Transaction. Enhanced security measures among Indian digital currency exchanges are highly recommended, following the regulato...

Bitcoin Capitulation Among Small Miners is Starting, Making a Correction Likely
8 months ago

Bitcoin Capitulation Among Small Miners is Starting, Making a Correction Likely

Small bitcoin miners are selling more tokens than they mine, according to weekly data provided by ByteTree. They produced 5,888 BTC on a weekly adjusted timeframe but sold 6,473 BTC to offset their operational costs. The trend, coupled with...

Historic SpaceX Launch Visible in Ethereum-Based VR World
8 months ago

Historic SpaceX Launch Visible in Ethereum-Based VR World

Decentraland users watched SpaceX send two humans up to the space station on May 30 from the virtual reality world’s auditorium. The first launch of a spac...

Crypto Analyst: Bitcoin Stock-to-Flow Model Just Printed a Signal Indicating the Start of a New Bull Cycle
8 months ago

Crypto Analyst: Bitcoin Stock-to-Flow Model Just Printed a Signal Indicating the Start of a New Bull Cycle

The crypto strategist popular for applying the stock-to-flow (S2F) ratio to Bitcoin reveals that the model has printed a signal that has not been seen since the crypto bull run in 2017. In a viral tweet, the anonymous analyst known as PlanB...

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