ETH, XRP, LTC, and XLM staged a big rally over the last seven days, beating Bitcoin, which lost some ground, has caught some market observers by surprise. The rally was broad, spreading across the whole market, with73 out of the top 100 cryptocurrencies advancing and 27 declining. Patrick Devereaux, CFO of Illumnine, Corp, believes it’s the market roller coaster that pushes investors to cryptocurrencies. ...
Bitcoin: Retail trader data shows 79.7% of traders are net-long with the ratio of traders long to short at 3.93 to 1. The number of traders net-long is 2.3% higher than yesterday and 6.7% higher from last week, while the number of traders net-short is 5.3% lower than yesterday and 4.2% lower from last week. more...
When will bitcoin markets break free of their current malaise? A measure of bitcoin volatility reached a more-than two-month low today, offering the latest evidence of the digital currency's malaise. The cryptocurrency's rolling 14-day volatility declined to a reading of 40, its lowest since mid-November, according to data provided by ...
Bitcoin maximalists never give up. Bitcoin’s price has crashed from over $19,000 a year ago to under $4,000 today, and there are no signs that the price is going to rise again any time soon. But maximalists don’t care. They are in this for the long haul. Their belief? Eventually, Bitcoin will replace all government-issued money. So all they have to do is HODL on to large amounts of the future world currency, and they will become the next generation of fantastically rich elites. Or so they think. ...
...Did the bitcoin bubble really burst, is it too late to get started, and what are the best tips to be successful in this newly emergent investment space? 1. Ignore the "noise" 2. Expect the unexpected 3. Avoid a bad trade or investment strategy 4. Perform your due diligence 5. Don't place all your crypto-coins in one basket 6. Opt for an alternative personal email 7. Understand the uses for both ...
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