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Cryptocurrency markets are volatile and people can make a lot of money from the up and down price variances. When digital assets touched all-time highs this past December, a great majority of digital currencies lost more than 70 percent of their value. Now some traders were able to call the top, while others ‘hodled’ in … Read more
Long Blockchain Corp., the company formerly known as Long Island Iced Tea Corp., has announced that it has received a delisting determination from Nasdaq. The U.S.-based company made headlines in December after its name change triggered a 432% gain in the price of its shares over the course of a single day. Also Read: Bitcoin in … Read more
Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning … Read more
According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at … Read more
Many technical signals are indicating that the BTC markets may experience a bullish move in coming days following several weeks of heavy selling. Despite longer-term price action and stochastic RSI suggesting an oncoming move up, the immediate price action tells a more tenuous story – with BTC currently testing a critical area. Also Read:Dead again? … Read more
Bitcoin markets and cryptocurrencies values across the board are seeing healthy rebounds after the past three weeks of price dips. At the moment there is some substantial consolidation happening, and BTC bulls are still trying to breach the $12K zone. They came awfully close last night, but failed to break the key price region. Now, during … Read more
Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four … Read more
It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange … Read more
A small U.S. beverage company’s share price has increased by more than 400% in a single day after rebranding to include the word ‘blockchain’ in its name. The company, formerly known as Long Island Iced Tea Corp, is now called Long Blockchain Corporation. A Hong Kong-based beverage company formerly-named Skypeople Fruit Juice has also seen … Read more
Last week the Chicago Board Options Exchange (Cboe) introduced its bitcoin-based futures markets and the first day got a reasonable level of fanfare. Now the largest options exchange in the world, the Chicago Mercantile Exchange (CME Group) has launched its bitcoin derivatives products. Here’s what you can expect from CME Group’s bitcoin futures opening day. … Read more
