German Stock Exchange Xetra Will Launch a Bitcoin ETP by End of June
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Carmela Murray
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June 10, 2020
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Market
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One of Germany’s largest exchanges will list a Bitcoin ETP, targeted at investors in traditional finance. Key Takeaways Xetra’s ETP allows investors to invest in Bitcoin without dealing with blockchain technology or wallets. The Bitcoin ETP can be settled for Bitcoin or cash. Other international exchanges offer similar Bitcoin ETPs. Share this article Deutsche Börse’s Xetra, a Germany-based digital stock …
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With BTC Tokens on the Move, Bitcoin Prepares for High Volatility
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Carmela Murray
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June 9, 2020
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Market
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Based on the price history of the past three months, Bitcoin looks ready for high levels of volatility. Key Takeaways Santiment’s Token Age Consumed index registered a significant spike, indicating that a major price movement is in the works. Bitcoin is currently sitting between massive support and resistance barriers. Breaking out of this zone will determine where BTC is headed …
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STORM Prices Triple as StormX Token Swap and Rebrand Go Live
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Carmela Murray
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June 9, 2020
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Market
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STORM gained more than 200% after the company announced a rewards program, token swap, and app rebrand. Key Takeaways STORM is up 220% since May 8 following a new rewards program and token swap. STORM will conduct a token swap, beginning June 8, introducing staking and changing its ticker to STMX. The startup rebranded its Storm Play mobile app to …
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Cardano’s Shelley Testnet to Launch Tomorrow, ADA Holders Skyrocket
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Carmela Murray
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June 9, 2020
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Market
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Cardano will open the Shelley testnet to any operator who wants to set up a stake pool, sending social engagement metrics through the roof. Key Takeaways The IOHK team announced the roll-out plan for the upcoming Shelley upgrade. Following the announcement, social engagement metrics skyrocketed showing high levels of speculation around this hardfork. However, ADA continues consolidating within a no-trade …
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Basic Attention Token Rebounds Despite Brave Autofill Controversy
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Carmela Murray
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June 9, 2020
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Market
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Basic Attention Token’s price goes wild after Brave browser violated people’s privacy. Key Takeaways Brave browser reportedly redirected its users to the company’s own referral links when navigating to different platforms such as Binance, Coinbase, and others. Following the incident, the price of Basic Attention Token plummeted over 6%. But over the last few hours, the bulls appear to have …
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Altseason Primed as Bitcoin Consolidates Under $10,000
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Carmela Murray
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June 5, 2020
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Market
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Share this article Aggressive monetary expansion by the Federal Reserve is driving unprecedented interest in Bitcoin. Now, Altcoins are starting to pop off as Bitcoin holds steady under $10,000. The Bitcoin halving and aggressive money printing by the Federal Reserve are driving strong growth in the crypto markets. New addresses increased to 474,000 from 289,000 since the beginning of the …
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Bitcoin Whales Accumulating After Recent Flash Crash
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Carmela Murray
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June 4, 2020
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Market
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Even though Bitcoin’s recent price action has scared many investors, there are others who appear to be substantially increasing their holdings. Key Takeaways Addresses with millions of dollars in Bitcoin have been accumulating heavily following the recent flash crash. Multiple on-chain metrics suggest that BTC is about to return to pre-crash levels. Based on 1-week charts, however, the pioneer cryptocurrency …
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Ethereum, XRP, and Litecoin Outperform Amidst Market-Wide Crash
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Carmela Murray
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June 4, 2020
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Market
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The cryptocurrency market is going through a period of high volatility, but there are critical support levels preventing Ethereum, XRP, and Litecoin from a steeper decline. Key Takeaways Institutional and retail demand for Ethereum skyrockets while its price sits at a pivotal point. Meanwhile, Ripple’s XRP is about to add a new feature that could change the way this altcoin …
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VeChain’s Social Metrics Explode and Prices Quickly Follow
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Carmela Murray
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June 3, 2020
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Market
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VeChain expands its utility while the price of VET aims for new yearly highs. Key Takeaways VeChain social engagement metrics exploded with roughly 78% of all interactions being bullish. The chatter seems to be focused on a partnership the VeChain Foundation scored with one of the largest pharmaceutical companies in the world. If the hype continues, VET could break above …
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Bitcoin Crashes to $9,000, Indicators Point to a Rebound
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Carmela Murray
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June 3, 2020
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Market
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Over $102 million in long positions were liquidated on BitMEX, pushing Bitcoin into another period of turbulence. Key Takeaways Bitcoin took a $1,000 nosedive that erased this week’s gains in a matter of minutes. Despite the massive bearish impulse, there is a major support level that could prevent further losses. If this barrier continues to hold, BTC may enter a …
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