#1 Source For Bitcoin And Altcoin News
Dow Jones futures rocketed 250 points higher on Monday after Donald Trump’s whirlwind weekend of diplomacy. In a matter of days, he eased trade tensions with China, struck a friendly tone with Russia, and became the first sitting US president to step into North Korea. The string of diplomatic meetings led one commentator to christen […]
The post Dow Rampages to Triple-Digit Gains with Trump’s ‘New World Order’ appeared first on CCN Markets
Given the meteoric rise in the value of the cryptocurrency market since the turn of the year, one might assume every major altcoin recorded growth in the six months since January 1st. Yet a glance at the year-to-date figures for coins in the crypto market cap top 100 tells a different story. Many household-name cryptocurrencies […]
The post 15,000% Gains: The 5 Best and Worst Crypto Performers of 2019 appeared first on CCN Markets
Despite being one of the higher profile blockchain projects, Tezos (XTZ), a blockchain platform that features a self-evolving upgrade system, has been stunted by a lack of major exchange listings. That appears to be starting to change as Singapore-based crypto exchange KuCoin announced the listing of Tezos on Friday. Tezos (XTZ) is now available on KuCoin, you […]
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It’s no secret that the Bitcoin price is gaining and gaining, but other coins up near the top have seen corrections as a result. Some coins automatically increase in value if they’re mostly traded against BTC. Crypto Markets Auto-Correcting? If traders feel uncomfortable with these new values, they can trade these downwards, which is precisely […]
The post These Top 10 Altcoins Are Dropping Fast While Bitcoin Gains appeared first on CCN Markets
Chainlink (LINK), a decentralized oracle network, has become the latest altcoin to gain a listing on Coinbase Pro, Coinbase’s professional trading platform. Our LINK/USD, and LINK/ETH order books will soon enter transfer-only mode, accepting inbound transfers of LINK in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for […]
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LedgerX, the first CFTC-regulated cryptocurrency asset management platform to offer physically-settled Bitcoin (BTC) derivatives, has obtained regulatory approval as a designated contract market. #Bitcoin derivatives trading for everyone is finally here! The CFTC has officially approved our DCM application! https://t.co/D8ZkhdQWc2 — LedgerX (@ledgerx) June 25, 2019 According to the recent announcement, LedgerX will soon begin […]
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After a wave of aggressive buying, bitcoin whales are taking some profits. The “big money” investors drove the price up as high as nearly $ 14,000 in the last 24-hour period, reminding the crypto community of how the market dynamics can change on a dime. Now it seems they are cashing in on some of their […]
The post Bitcoin Whales Are Cashing in as Gains Slip Away appeared first on CCN Markets
By CCN Markets: Longtime crypto critic and gold proponent Peter Schiff is excited. He’s not happy due to the stock market hitting new all-time highs or bitcoin prices surging but rather by a microscopic advance in the price of gold. This week, the price of gold topped $ 1,400 per ounce for the first time in more than five years. This, a mere 25% rally from recent lows, was enough for Schiff to declare victory: Over the last year exactly, it is up $ 130 per ounce or 10 percent. Schiff: Wrong on Gold for a Long Time Peter Schiff has reasons
By CCN Markets: The Dow Jones Industrial Average was meandering in and out of positive territory as investors digested a fascinating Federal Reserve meeting. In the end, stocks managed to hold onto gains, with the Dow closing at 26,504, up fractionally. By keeping rates on hold, Chairman Jerome Powell faced his first-ever dissenter. St. Louis Fed President James Bullard voted for a rate cut. Could the Fed chair’s job be at risk? Dow Fails to Rally The lack of direction in the Dow was likely due to the fact that the Fed was split down the middle over its interest
By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $ 139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $ 3.94 billion. Debit Card, Calibra Announcement The surge in the Litecoin price closely followed an announcement by the Litecoin Foundation. The nonprofit
By CCN Markets: The Dow and broader U.S. stock market rose on Monday, as investors shifted focus to a high-profile central-bank meeting that could lay the groundwork for the first interest rate cut in more than a decade. Dow Holds Gains; S&P 500, Nasdaq Follow All of Wall Street’s major indexes reported gains on Monday, reflecting a positive pre-market for Dow futures. The Dow Jones Industrial Average climbed 48.51 points, or 0.2%, to 26,138.12. The broad S&P 500 Index of large-cap stocks gained 0.2% to 2,893.20. Six of 11 primary sectors reported gains, led by communication services. The sector rose
By CCN Markets: For all the hype over Beyond Meat’s IPO and insane rising stock price, Red Robin, a good old-fashioned burger chain, soared roughly 30% on Thursday. One of its institutional investors would like to see the company sell itself. Buyout Offer Red Robin Gourmet Burgers received a letter from Vintage Capital demanding that the company consider selling itself to the private equity firm. Vintage Capital owns about 11% of Red Robin and thus carries considerable weight. Considering Vintage Capital appears to offer $ 40 per share for Red Robin, shareholders may be hard-pressed to turn down that buyout offer.
Grayscale Investments, a digital asset management firm founded by Digital Currency Group, announced Thursday that it has received FINRA approval to list its Grayscale Ethereum Trust (ETHE) on the OTC markets. Our team continues to bring new opportunities for investors to gain exposure to digital currencies. We’re pleased to share that Grayscale Ethereum Trust received […]
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Justin Sun, the CEO of the TRON Foundation, recently took to Twitter to deliver some predictably bullish — although, less so than usual — price predictions for both TRON (TRX) and BitTorrent Token (BTT), which launched on TRON earlier this year. In his tweet, Sun predicts that TRON will make its way back to the […]
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The cryptocurrency economy has seen further gains, as the entire market capitalization jumped to $ 179 billion during the early morning trading sessions on Sunday. Moreover, global trade volume spiked significantly, capturing roughly $ 61 billion in trades over the last 24 hours.
Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
Dogecoin (DOGE), the popular meme-based cryptocurrency, recently became the latest altcoin listed on Huobi Global. It’s official: Huobi Global lets the #dogecoin out! Deposit your Dogecoin ( $ DOGE) now! Details here: https://t.co/uD2q4Uo04o@dogecoin @ummjackson @elonmusk #HAPPENINGNOW #cryptocurrency #HuobiGlobal pic.twitter.com/lwtPNQYuYN — HuobiGlobal (@HuobiGlobal) April 4, 2019 According to the announcement, DOGE/USDT, DOGE/BTC and DOGE/ETH trading and withdrawals became […]
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Nexo’s token (NEXO) price jumped over 14% on Wednesday after the crypto-backed lending platform announced that it has already processed more than $ 300 million in only 7 months… You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed […]
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Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:
Figure 1: BTC-USD, Daily Candles, Failed Breakout
This run to the low $ 4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. It managed to establish a new, local high but was immediately rejected on high volume and very high spread. This rejection formed a candle called a “bearish engulfing candle” that completely wiped out a week and a half’s worth of gains in just a couple hours.
Ethereum-based cryptocurrency Maker is outperforming the broader markets with a 37 percent gain on a month-to-date basis.
CoinDesk
Use cases are the name of the game for any token, and this is especially true when it comes to exchange tokens. Binance Coin (BNB), the token associated with the world’s leading crypto exchange, is now up over 20% in the last month as expanded use cases have fueled demand. The most important use case in […]
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