Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, XLM, XEM
Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs. As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research. This suggests that institutional investors are relatively unmoved by the recent sharp correction in Bitcoin price.Guggenheim Partners has become the latest and the largest Wall Street institution that plans to invest in Bitcoin. Guggenheim has sought the Securities and....
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Governments all over the planet are scared shirtless of Bitcoin because it interferes with their ability to watch us from the cradle to the grave. But who said that they have the right to watch us in the first place? It's time to flip the tortilla. The politicians and their hordes of bureaucrats are our employees, paid with our money, and they are supposed to do what they are told. If someone has the right to watch, it's us who have the right to watch them. Let's force Big Brother to operate on a public blockchain where we can watch him. Let's Block-Chain Them! Fairy tale? Science fiction?....
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Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, the end of the week is here, and it’s time to put forward the penultimate of our twice-daily bitcoin price watch analyses for the week. Things have been pretty on and off this week. We have had periods of strong volatility, during which we have been able to get in and out of the markets according to our strategy rules for a few decent profits, but we have also had some relatively flat periods, whereby price has traded sideways and not really given us much to go at from a trading perspective. Let’s hope....
Here's what we are looking to trade in the bitcoin price this evening and beyond, into the Asian session tonight. In this morning’s bitcoin price watch article, we discussed the potential for some volatility throughout today’s session. Bitcoin had a pretty up and down week last week, and while the action was conducive to our intraday strategy, it made for uncertainty as we headed in to a fresh session this week. Would the up and down action continue? Were we gearing up for some strength, or are we headed into a selloff? Well, the week is now officially underway, and it looks as though we....
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT. The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some altcoins have risen sharply in the past week. This suggests that....