On High Seas of Bitcoin Trading, Whales Still Make Waves
Single traders appear to still have an outsized influence on the bitcoin market. Thus far in September, analysts have cited a single trader as the likely cause of two significant price movements, both of which point to liquidity problems in the nascent market. In a time when bitcoin markets are characterized by low trading volume and speculation, bitcoin prices have become vulnerable to the point where either a single buyer or one, large transaction can trigger sizeable shifts. For example, on Sunday, 11th September, bitcoin prices plunged more than 5% in less than an hour, according to....
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WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite this, there were some notable exceptions which rose to start the week, WAVES being one of them. WAVES WAVES was trading in the green on Monday, as prices rose by as much as 9% during the first trading day of the week. Following yesterday’s low of $12.65, WAVES/USD rallied on Monday, hitting an intraday peak of $14.54 in the process. Today’s surge saw price move away from the long-term support level of $12.40, which is an area it has....
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March, as it rose from a low of $10, climbing to a now record high of $64. Since then, WAVES has been in free-fall, falling for six consecutive sessions, and is now trading at a two-week low below $30. As of writing this, WAVES/USD dropped to an intraday low of $27.43 during Wednesday’s session, which....
US Marshals receive 34 bids for the Dread Pirate Roberts Auction of 50,000 bitcoins. Ross Ulbricht clearly loves history. This is evident from the pseudonym that he chose for his online activity, and even the name he chose for the domain name. The pseudonym he chose was Dread Pirate Roberts, and he named his site the Silk Road though in my view Seven Seas would have been apter. Dread Pirate Roberts - The Legend Continues. Here are a quick lit and history lesson. Dread Pirate Roberts, is a fictional pirate who first appeared in William Goldman's novel The Princess Bride and was roundly....
Education and blockchain – two worlds that seem as though they have nothing in common, are being brought together in the form of Waves School, built on the Waves blockchain. Waves School is tackling the high barriers of entry into higher education as well as into the crypto world, through the launch of their one […]