Bitcoin Exchange OKCoin Doing Q&A Session Monday Morning
If you're looking for an opportunity to ask a bitcoin exchange questions about their operations, Monday morning will be your chance. OKCoin, China's largest bitcoin exchange, has announced that they will be conducting a Reddit AMA (ask me anything) session on Monday, June 30th. There, Reddit users will be able to, well, ask the company anything - and one user has already taken the liberty of doing so by asking: "Why are you still faking volume? Current 24 h volume okcoin 55k BTC more than 2x Rest of exchanges combined". The question was met with a lengthy response, of which includes: A lot....
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Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and we are about to kick off a fresh session out of Europe. Action over the weekend in the bitcoin price – as is becoming the norm – gave us plenty to discuss, and we’ll be using some of the key levels to carry forward into today’s strategy. Things were a little slow last week and on more than one occasion we had to bring our scalp strategy into play, with a narrowing of our standard range, and a short, sharp breakout approach for a few dollars here and there. So, with this said, and as we head....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and the European session is about to get under way in the bitcoin price. We are going to take a look at how action over the weekend has affected price, and then use this action to have a go at setting up a strategy for today’s session. Action over the weekend was pretty flat, although we did see something of a slight bearish bias towards the end of Sunday evening. Price swung a little also, meaning we have a pretty solid range to go at this morning. So, with that out of the way, let’s get to....
OKCoin International Operations Manager Zane Tackett recently announced that he has resigned from the Bitcoin exchange due to misaligned opinions. "For the past year I've handled the majority of the community outreach for OKCoin and have interacted with this community as the OKCoin representative," he said in an informal post. "Unfortunately, due to a difference of opinions I have decided to resign from OKCoin." Tackett joined OKCoin in April 2014, a time when the Chinese exchange had just received funds around $US10 million and was planning to expand globally. He later became a prominent....
A little earlier on this morning we published our twice-daily bitcoin price watch piece. In the piece, we highlighted the levels that we will be watching throughout Monday's European session, and suggested that we would keep a close eye on what was happening in Greece as far as helping us to form our intraday bias was concerned. Further, we outlined how we would employ our breakout strategy to draw profit from any potential volatility we saw as a result of any news out of Greece, and slated some potential risk management parameters in the event that we get in and out of a trade. So, with....
Earlier this morning we published our twice daily bitcoin price watch piece. In the article, we highlighted the levels that we would be watching in the bitcoin price throughout Monday's European session, and suggested where we would look to get in and out of the markets according to our intra-range and breakout strategies. Action has now matured throughout the session, and - as we head into the Asian session on Monday evening - what are we looking for from the bitcoin price now? Take a quick look at the chart. As the chart shows, action today has been relatively tight, and - aside from....