While cryptocurrencies have fallen dramatically over the course of yesteryear, volatility has plummeted. Per data gathered by BitVol, an analytics provider, the Bitcoin-to-USD 30-day volatility has fallen from 7.5% at BTC’s $20,000 peak to 2.6% today. It’s a similar sight for Litecoin, Ethereum, and an array of other liquid crypto markets. Thus, many traders looking…
At long last, Bitcoin (BTC) bulls have begun to rear their ugly heads. While cryptocurrency investors have invited this influx of buy-side pressure with outstretched arms, no one has pinned this rally, which pushed BTC past $4,000, to anything in particular. Sure, technical indicators are buoyant, as is communal sentiment. But, what’s really at the…
It isn’t a secret that over the past few weeks, community sentiment has begun to shift. Taking a brief look at Crypto Twitter, more analysts seem to be bullish on Bitcoin (BTC) than ever before in this bear market. But why are they so hopeful? And better yet, what do they see in crypto’s cards?…
Over the past weeks, some of the world’s largest institutions, namely Facebook and JP Morgan, have announced intentions to launch blockchain ventures. While many crypto enthusiasts have welcomed this news, there’s one caveat, these projects are likely going to be centralized beyond compare. And to some, this simple fact isn’t something to be excited about.…
The tides have seemingly begun to turn in the favor of Bitcoin (BTC). Volumes have surged across the board, all while the flagship cryptocurrency has slowly moved to and past the auspicious $4,000 price point. And with this, many have begun to call to an end of the bear market, in spite of the fears…
In February, Brooker Mellars, the owner of a Colorado-based marijuana dispensary, The Bud Depot, claimed that she lost her business bank account after investing in the cannabis industry. The “Bitcoin Mom” shared in a tweet that they were accredited investors with excellent credit ratings. But their adventurous investment into cannabis stocks didn’t fit well their bank,…
Ever since Bitcoin and the entire crypto markets went spiraling downwards in late-2017 and early-2018, investor’s sentiment has grown to be strongly linked to price action, and as such, the sentiment of most neophyte investors that have been burned by the persisting bear market remains in the gutter. Despite this, the sheer amount of hype…
The crypto community has been sitting at the edge of their seats watching the complex and nuanced situation surrounding the now defunct QuadrigaCX exchange unfold. Recently, news broke that Big Four Auditing Firm, Ernst & Young (EY), had discovered that the exchange’s cold storage wallets were nearly entirely empty, which came as a surprise to…
At long last, it seems that the long-awaited institutional herd is finally arriving on the crypto industry’s doorsteps. Case in point, a Wall Street powerhouse has launched its Bitcoin-focused division amid institutional clamoring for cryptocurrencies and related innovations. But there’s still a ways to go in this subsector. Fidelity Soft Launches Crypto Division As we…
If you take one look at Coin Market Cap, it becomes easily apparent that cryptocurrency trading is reaching multi-month highs. However, researchers claim that many established crypto exchanges are reporting billions in false volume each and every day, potentially setting precedent for a nasty drop in the Bitcoin price. Related Reading: Kraken’s $1 Billion Futures…