Traders Archives | Digital Money Times

“It’s A Lion’s Den” – P2P Traders Discuss Challenges of Operating on Localbitcoins

April 8, 2019 By Mark Lyford Leave a Comment

Despite many cryptocurrency users having made their first purchases using Localbitcoins, little attention is paid to the experiences of the traders who operate on the platform. News.Bitcoin.com reached out to several Localbitcoins traders to find out about the challenges facing peer-to-peer crypto brokers.

Also Read: Darknet Buyers Flock to Wall Street as Dream Winds Down

“It’s A Lion’s Den”

News.Bitcoin.com spoke to an Australian Localbitcoins trader who has been operating on the platform for just “a few months.” Read more...

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43% of Millennial Traders Trust Crypto Exchanges More Than Stock Exchanges

February 21, 2019 By Mark Lyford Leave a Comment

A recent nationwide survey of 1,000 online traders from the conducted by eToro U.S., a social investment platform, found that 43% of Millennial traders trust cryptocurrency exchanges more than the U.S. stock exchanges. “We’re seeing the beginning of a generational shift in trust from traditional stock exchanges to crypto exchanges,” Guy Hirsch, the managing director of eToro […]
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Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market

February 20, 2019 By Mark Lyford Leave a Comment

Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.”

Also read: Drug Dealer Fights to Prevent Canadian Police From Forfeiting his BTC Read more...

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Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation

February 16, 2019 By Mark Lyford Leave a Comment

Cryptocurrency markets are once again riding a long period of consolidation as the last seven days has failed to show any meaningful moves. During our last markets update, digital asset values spiked considerably, gaining billions in one hour on Feb. 8. But a week later cryptocurrencies have offset those gains and most markets have been following a narrow range for more than a week.

Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations Read more...

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Markets Update: Traders Patiently Wait for Crypto’s Longest Bear Run to End

February 3, 2019 By Mark Lyford Leave a Comment

Cryptocurrency prices have been seemingly stable lately as there hasn’t been much volatility in the last two weeks in either direction. The overall market capitalization of the entire crypto economy has lost about $ 4 billion since our last markets update and global trade volumes are much slimmer than weeks prior.

Also read: Properties Are Still Being Sold for Cryptocurrency Despite the Bear Market Read more...

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Traders: Bitcoin Trend Looking Ugly, Why a Slow Drop Below $3,000 is Expected

February 1, 2019 By Mark Lyford Leave a Comment

In the last 24 hours, the crypto market has slightly declined by $ 2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) which recorded drops in the range of three to five percent prevented the market from continue recovering. From January 30 to January 31, the crypto market seemed to be rebounding as its valuation rose from $ 111 billion to $ 115 billion. But, in the past 12 hours, the valuation fell back to $ 112 billion, unable to sustain its momentum. Read more...

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Traders: If Bitcoin Price Fails to Remain Above Mid-$3,500, Expect Rapid Fall to $2,000

January 30, 2019 By Mark Lyford Leave a Comment

In the last 24 hours, the Bitcoin price has slightly recovered from $ 3,451 to $ 3,526 following the announcement of Fidelity to launch Bitcoin custody by the end of the first quarter. The valuation of the crypto market has increased by $ 2 billion overnight as Bitcoin (BTC), EOS (EOS), and Ethereum (ETH) rebounded in the range of one to three percent against the U.S. dollar. Why Bitcoin is Still Vulnerable While the recovery of Bitcoin prevented a further decline in price to the low $ 3,000 region, traders generally agree that the dominant cryptocurrency still remains vulnerable. DonAlt, a cryptocurrency technical analyst, Read more...

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How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn

January 29, 2019 By Mark Lyford Leave a Comment

The bitcoin price on Tuesday continued to pursue its downward trajectory, albeit finding decent support at one of the downside targets. The climate is not favorable for establishing long-term positions, but a few well-timed day trades can help you make the most out of the market’s recent bearish turn. Bitcoin Price Not Favorable for Long-Term Trades BTC/USD opened the Asian trading hours at $ 3,433, down 0.43 percent from yesterday’s high. The pair fell as much as 2.87 percent as the session matured. It established an intraday low at $ 3,337 before correcting higher during the European trading session. As of 19:00 Read more...

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At Last, Traders Expect High Volatility as Bitcoin Breaks $3,600: Good Start to February?

January 26, 2019 By Mark Lyford Leave a Comment

By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $ 3,511 to $ 3,657 by nearly two percent. Although the lack of a major price movement following a highly anticipated event like the VanEck ETF withdrawal demonstrated

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Traders: Bitcoin Price Recovery Above $3,400 May Lead to Strong Short-Term Rebound

January 23, 2019 By Mark Lyford Leave a Comment

By CCN.com: On January 22, in a steep a sell-off, the Bitcoin price dropped from $ 3,615 to $ 3,401 by around six percent on the day. Although a continuous fall below the $ 3,400 mark could have led to an extended sell-off throughout January, traders have said that the rebound of Bitcoin from a key support level … Continued

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Oops! South Korean Crypto Exchange Accidentally Sends Traders $5 Million in Bitcoin

January 22, 2019 By Mark Lyford Leave a Comment

By CCN.com: Did you ever dream of waking up in the morning to unexpectedly find a vast amount of cash miraculously appearing in your account? That is what recently happened to users of a prominent South Korean crypto exchange. Coindesk Korea has reported that the Korean crypto exchange Coinnest has accidentally airdropped over $ 5 million in

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Dutch startup Cryptohopper enables crypto traders to buy, sell trading strategies

January 22, 2019 By Mark Lyford Leave a Comment

Dutch-based digital currency trading platform and bot Cryptohopper has enabled cryptocurrency traders to buy and sell high-performing trading strategies through its marketplace. The strategies can be bought and sold by people at all skill levels. People buying them can implement them across exchange…

The post Dutch startup Cryptohopper enables crypto traders to buy, sell trading strategies appeared first on CoinReport.

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Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

January 19, 2019 By Mark Lyford Leave a Comment

Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $ 51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan reported. The alleged scammers were charged with multiple violations of Taiwanese banking and business laws. The group of seven were arrested

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Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain

January 17, 2019 By Mark Lyford Leave a Comment

A lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $ 10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as traders await the next big wave of movement.

Also Read: Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization Read more...

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Decentralized exchanges: the best innovative tool for traders or highly risky adventure?

January 16, 2019 By Mark Lyford Leave a Comment

The creation of Bitcoin was aimed at destroying the centralized character of the currency, however, although the cryptocurrency is decentralized, it is still under the influence of the exchanges on which it is traded. Also there are external problems, such as lack of regulation in most jurisdictions and security issues within exchanges and centralized services. Is there any solutions? Read more...

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France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

January 16, 2019 By Mark Lyford Leave a Comment

According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $ 80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours

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Denmark’s Tax Agency to Collect Information About Bitcoin Traders

January 15, 2019 By Mark Lyford Leave a Comment

Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared with other countries.

Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Read more...

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Following $5 Billion Crypto Drop, Traders See Weakness in Bitcoin

January 14, 2019 By Mark Lyford Leave a Comment

On January 13, the crypto market initiated an intense sell-off as the Bitcoin price fell below the $ 3,500 mark. The weakness in the short-term price trend of BTC led the market to demonstrate volatility on the downside. More than $ 5 billion was wiped out of the crypto market and major assets like Ethereum recorded a

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Is Bitcoin Price Heading to Low $3,000? Traders Expect Short-Term Downtrend

January 12, 2019 By Mark Lyford Leave a Comment

On January 11, the crypto market experienced an intense sell-off as the Bitcoin price dropped below the $ 3,600 mark and major digital assets recorded drops in the range of 10 to 15 percent. Following a drop in the price of BTC from $ 4,036 to $ 3,503, traders expect the dominant cryptocurrency to fall below key support

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Paxos Standard Hassling Ethereum Traders Trying to Redeem Stablecoin PAX for Dollars

December 30, 2018 By Mark Lyford Leave a Comment

The source for this article wishes to remain anonymous. He is one of multiple sources this reporter has spoken to recently. All of them are relatively large-scale traders who have used Paxos Standard. They are a group of five traders. They trade in the millions of dollars per week via multiple exchanges including Binance and

The post Paxos Standard Hassling Ethereum Traders Trying to Redeem Stablecoin PAX for Dollars appeared first on CCN

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