Tag: Market

Analysis of the Global Crypto Exchange Market in Infographics

admin

In its attempt to present the ecosystem of crypto exchanges, BitMEX has published in-depth research into how these exchanges work. According to their recent tweet, various exchanges were evaluated by using different types of metrics, like web traffic, security policies, and more. In depth report into the crypto exchange ecosystem The robustness of exchanges are evaluated using metrics such as web traffic, average trade sizes, order book depth, security polices and price reliability The report was produced by @CryptoComparehttps://t.co/hmNptuThFY pic.twitter.com/JCSnydGckG — BitMEX Research (@BitMEXResearch) November 6, 2018 The report was…

Crypto Market Surges in Daily Volume to $13 Billion, Renewed Optimism

admin

Twitter Facebook LinkedIn Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase in volume from $3.1 billion to $4.3 billion within a week, by more than 40 percent. Led by the positive price movement of Bitcoin and its noticeable increase in volume, the value of other major cryptocurrencies like Stellar (XLM), Cardano (ADA), and Tron (TRX) has increased by the range of 3 to…

Crypto Market May be Poised for Bullish Breakout

admin

Twitter Facebook LinkedIn Bitcoin on Tuesday confirmed another bull flag formation after reversing from its downside correction action. The BTC/USD pair has almost negated the losses made during yesterday’s trading session, bringing the 24-hour gains to 0.46 percent. The pair found a strong intraday support level at 6372-fiat, just ahead of testing the lower trendline of the parallel channel introduced in the previous analysis. It reversed from the said level to retest its interim resistance at 6421-fiat. The BTC/USD pair is now trading at 6427-fiat on a comparatively high volume…

Mining Giant Bitfury Raises $80 Million in Closed Funding Round as Mining Market ‘Matures’

admin

Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6. The round, which comes weeks after rumors Bitfury was considering an IPO, was led by European venture capital fund Korelya Capital. Other participants included South Korean internet giant Naver Group, Asian institutions Macquarie Capital and Dentsu Japan, as well as Michael Novogratz’s Galaxy Digital. “This private placement will take our corporate governance to the next level, broaden our financial strategic options, and ideally position…

As Bitcoin Goes Bust, One Classic Market Signal Is Pointing To More Pain | Trading Nation | CNBC

admin

Bitcoin futures have entered into a contango market, a development which may suggest further agony lies ahead for the cryptocurrency. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on…