28Nov/20

Data shows Bitcoin price drops days after BTC futures open interest hits $1B

There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a closeRead More…

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04Oct/20

Crypto Long & Short: Coinbase’s ‘Apolitical’ Stance Isn’t Nearly as Simple as It Sounds

As if the ructions of the year aren’t giving us enough cause to re-examine things we thought we understood, now we find ourselves questioning what a company is for, and what roleRead More…

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03Oct/20

COVID-19, Trump, KuCoin, BitMEX: Bitcoin price says keep calm and carry on

Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse.  CryptocurrencyRead More…

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24Jun/20

Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K

Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slippingRead More…

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02Jun/20

Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin Surges Then Plunges

Tuesday’s bitcoin price whipsaw can be partially explained by large traders looking to deleverage in the derivatives market.  Bitcoin (BTC) was changing hands around $9,512 as of 20:00 UTC (4 p.m. ET),Read More…

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01May/20

American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

Bitcoin is now up over 20% in 2020 after rallying to over $9,500 on Thursday. The cryptocurrency’s recovery from March lows ahead of the protocol’s third halving event is primarily fueled byRead More…

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