Markets Update: Massive Gains Year-to-Date Across Crypto-Markets
Bitcoin’s price increased thanks to demand and technicals in the second half of 2016. Bitcoin has increased 7 percent throughout its final week of the year and currently trades at $962. Altcoins have not traded as strong heading into the end of the year, but numerous enjoyed an impressive year. Altcoins 2016. Monero, whose market capitalization....
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Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340 billion. Digital currency markets are doing well on October 9, as a number of the top crypto markets have seen 24-hour gains. The positivity increased on Thursday, when the publicly listed firm, Square, told the public it purchased 4,709 BTC. Bitcoin is up 4.4% for the last seven days, 8.1% for....
Today's Ether market is nothing like it was in 2018, says Ki Young Ju, as data reveals huge Coinbase outflows taking place last year. Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading.ETH/USD 1-day candle chart (Bitstamp). Source: TradingViewETH sets sights on $2,000Data from Cointelegraph Markets and Tradingview showed ETH/USD coming within 4% of the $2,000 barrier on Thursday. After spending much of February trading sideways with modest upward momentum, the largest altcoin reawakened this week. At the time of writing,....
BTC/USD loses over 10% in two days, hastened by concerns over Ukraine developments. Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support appeared on the horizon.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Markets "shaky" but BTC could bounceData from Cointelegraph Markets Pro and TradingView revealed new March lows of $40,551 for BTC/USD on Bitstamp, taking two-day losses to 10.2%.Fears over the security of Ukraine's nuclear infrastructure drove not just crypto but traditional markets lower on the day, with the S&P 500 following....
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the last 24 hours as the aggregate crypto market capitalization is nearing $400 billion. The price of bitcoin (BTC) spiked on Wednesday morning after Paypal revealed cryptocurrency support during the morning trading sessions. BTC has....
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13.
Cumberland Says ‘On Big Swings, More Volume Tends to Come to OTC Desks’
Over-the-counter (OTC) trading desks allow high-net-worth crypto traders to trade coins without affecting spot markets as much as they would trading on a traditional exchange. OTC....