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Most of the top 20 cryptocurrencies are reporting slight losses as Bitcoin stays over $4,000. Saturday, March 23 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time. Bitcoin is down just under half a percent on the day, trading at around $4,022, according to CoinMarketCap. Looking at its weekly chart, the current price is over a quarter of a percent higher than $4,037, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Arthur Hayes, co-founder and CEO of cryptocurrency trading platform BitMEX, has recently predicted that Bitcoin will get back to the $10,000 price point this year. Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.5 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13 billion by press time. ETH is down by 0.31 percent over the last 24 hours. At press time, ETH is trading around $138, after having started the..
Have you ever heard of the phrase “Bitcoin massive returns in 10 Days? Well, according to the co-founder of Fundstrat’s, Tom Lee, there is a massive 10-day return for Bitcoin that investors can benefit from when they want to profit from the Bitcoin price today in dollars. In today’s Bitcoin news, we are going to examine Lee’s advice to cryptocurrency investors on how to make a profit from the Bitcoin price today in dollars. Bitcoin Price Today In Dollars: When Is The Best Time To Profit From Bitcoin Trading? Lee is a well-known figure in the financial sector. His contributions are never taken lightly because of his wealth of experience in investments. This time, he said that there is a 10-day window for massive investment in Bitcoin every year. Investors who hold during this ten-day period will benefit the most from trading. Lee said this during his latest interview with CNBC. He encouraged investors never to empty their portfolio no matter how low the price of BTC is going. In his wo..
Founder and CEO of cryptocurrency trading platform BitMEX, Arthur Hayes says bitcoin (BTC) will test the $10,000 mark later this year in his bitcoin forecast for 2019. Hayes released a newsletter on Friday, March 22 where he detailed his bitcoin predictions and other research findings. Bitcoin Recovery will reach $10,000 Per the newsletter based on work of BitMex research division, Hayes predicted that bitcoin will recover from the crypto winter. He wrote that the crypto market recovery will start during the fourth quarter of 2019 and get to $10,000. Drawing parallels to happenings in the conventional markets he encouraged, “All is not lost; nothing goes up or down in a straight line.” He continued “The 2019 chop will be intense, but the markets will claw back to $10,000…2019 will be boring, but green shoots will appear towards year-end.” He predicted a surge past $10,000 similar to 2017: “That [$10,000] is a very significant psychological barrier. […] $20,000 is the ultimate recov..
CEO of cryptocurrency trading platform BitMEX Arthus Hayes has suggested that Bitcoin will get back to $10,000 this year. Arthur Hayes, co-founder and CEO of cryptocurrency trading platform BitMEX, has predicted that Bitcoin (BTC) will get back to the $10,000 price point this year. Hayes shared his predictions in a newsletter published on March 22. According to Hayes, the market recovery will begin in early fourth quarter of 2019. Hayes said: “The 2019 chop will be intense, but the markets will claw back to $10,000. That is a very significant psychological barrier. [...] $20,000 is the ultimate recovery. However, it took 11 months from $1,000 to $10,000, but less than one month from $10,000 to $20,000 back to $10,000.” Earlier in March, the research arm of BitMEX revealed that its Ethereum Parity full node contained a “potential bug,” reporting that the Parity node “sometimes reports that it is in sync, despite being several hundred thousand blocks behind the chain tip.” The authors c..
If the crypto markets bottom out, volumes will pick up. Let’s look at the charts, and see where major coins are heading in the short term. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The crypto markets are eagerly awaiting the launch of institutional trading platform Bakkt. Its launch is expected to attract large investors whose involvement is needed to propel markets to the next level. Without even starting operations, investors are already valuing it at $740 million. This is likely to increase further if it can generate large volumes. However, some investors doubt whether it can live up to its expectations and earn enough to justify its valuations. The volumes of the crypto exchanges have been under the scanner as The Tie published a report rece..
The CFTC’s delay in issuing Bakkt an approval for its Bitcoin futures is in part due to the fact that Bakkt wanted to hold clients’ funds, according to WSJ sources. Much-anticipated crypto platform Bakkt’s plans to store customers’ Bitcoin (BTC) from its Bitcoin futures could cause further delay on obtaining approval from United States regulator the Commodity Futures Trading Commission (CFTC). The news was reported by the Wall Street Journal (WSJ) on March 21, citing anonymous sources. When Bakkt was first announced back in August, the platform had revealed that its first product would be Bitcoin futures that are physically delivered daily, subject to CFTC approval. Bakkt also said that it planned to hold Bitcoin on behalf of its clients via its “physical warehousing.” According to “people familiar with the matter,” in February, the CFTC told the platform that if it were to have custody over its customers’ crypto, it would have to take additional steps to comply. In particular, the CF..
For some days now, Bitcoin news has been about the possible end of the 15-month long cryptocurrency winter. Bitcoin price prediction 2019 has suddenly become positive for investors and analysts. While many Bitcoin price forecasts have speculated an upcoming bull run, few have given technical and fundamental evidence to prove that the Bitcoin bull run will come and when that will happen. If you’re among those in the cryptocurrency market who have been waiting for some positive Bitcoin news and evidence of a bull run that will end the bear market, you’ll be happy to read what Omkar Godbole, a cryptocurrency analyst from CoinDesk has to say in his latest Bitcoin price analysis. Bitcoin Price Prediction 2019: Bitcoin News Today Predicts A Bull Run According to the Bitcoin price analysis from Omkar Godbole, the price of BTC has entered an echo pattern which is just like the one it entered just before the 2015 bull run. Keep in mind that the cryptocurrency space had suffered an 18-month lon..
Bitcoin’s (BTC) long-awaited breach above the formerly elusive $4,000 price position was actually expected to give a major boost to the remaining digital currency market. However, it resulted in only a few, sporadic bullish runs in the spectrum. Cryptos like XRP and TRON (TRX) endured setbacks. They remained under the weight of the bearish season. Ethereum (ETH) Price Today – ETH / USD Name Price24H (%)$136.04 -2.00% Bitcoin’s change in price didn’t seem to stop their prolonged downturn. The XRP price heavily declined and turned bearish against the USD and Bitcoin (BTC). The XRP/USD pay may consolidate via the short term. We are likely to see upsides when prices remain capped around $0.3100 and $0.3120. As for Ethereum (ETH), prices declined sharply. They went below key support regions against the USD and Bitcoin (BTC). ETH/USD settled beneath $136 as well as the 100 hourly SMA. This serves as a short-term bearish sign. Litecoin (LTC), the fourth largest coin by market capitalizatio..
The former operator of now-shuttered crypto exchange BTC-e, Alexander Vinnik, has lodged an appeal with a Piraeus court for his release or extradition to Russia. Former operator of now-shuttered crypto exchange BTC-e, Russian national Alexander Vinnik, has appealed with a Greek court for his release or extradition to Russia, local media outlet Kathimerini reported on March 21. Vinnik — who is accused of fraud and laundering as much as $4 billion in Bitcoin (BTC) over the course of six years — has reportedly filed an appeal with Piraeus court for his release or extradition to Russia for humanitarian reasons. Prior to that, Russia’s Commissioner for Human Rights Tatyana Moskalkova asked both the United Nations High Commissioner for Human Rights Michelle Bachelet and Greek Justice Minister Michalis Kalogirou to help extradite Vinnik to Russia. The petition was lodged in connection with Vinnik’s deteriorating health following a hunger strike he started last November. At the time, Moskalko..
Binance research found correlations among crypto assets in BTC terms have waned, while they have strengthened in USD since 2017. Price correlations among major cryptocurrencies increased against the U.S. dollar (USD) but fell in Bitcoin (BTC) terms, a new report from cryptocurrency exchange Binance revealed on March 20. Part of an investigation into price trends within crypto markets since 2017, Binance found that behavior among assets is diverging depending on whether returns are denominated in USD or BTC. Specifically, USD returns from holdings were more correlated among cryptocurrencies within the three months of 2019 ending March 1 than in 2017. BTC returns, by contrast, are less correlated in current conditions than they were eighteen months ago. “Correlations in BTC returns are important as BTC remains one of the best price indicators of crypto markets for two key reasons,” Binance explained about the impetus behind its field of research. Those reasons, the post said, are the li..