Data shows high levels of correlation between Bitcoin and EthereumBTC ⬆️ $8661 (+0.1%) / ETH ⬇️ $168 (-0.3%) / XRP ⬆️ $0.23 (-0.1%)
📈 Ad: Trade with $0 Commissions on the ShortHop Crypto Marketplace. Learn more CME Bitcoin options volume increases by over 100 percent to $5.3 million just a week after launchTrading volume for Bitcoin (BTC) options from the Chicago Mercantile Exchange, or CME Group, has increased by over 100 percent in just the first week after their launch. Data shows high levels of correlation between Bitcoin and EthereumBitcoin and Ethereum have been highly correlated over the past couple of years. The association between the top two cryptocurrencies by market capitalization shows the lack of diversification opportunities that investors have in this industry. Ethereum’s consolidation trend may turn into a full-blown bull rally if it breaks this key levelEthereum has been able to begin gaining some tempered momentum following its recent drop to lows of $162, as ETH has now pushed its way back up towards the $170 region. Renowned analyst estimates that Cardano (ADA) is about to skyrocketThe Cardano Foundation is making significant strides to push forward the adoption of its native cryptocurrency. Craig Wright book gets dropped while he claims he’s ‘99.9999% certain’ he’ll get his BTC fortuneAn Australian publisher has dropped a book titled “Behind the Mask: Craig Wright and the Battle for Bitcoin.” More reading🤔 Bitcoin Cash appears to be leading the altcoin markets; is a major rally brewing? 🤺 Bitcoin bulls defend against massive selling pressure; how long will they sustain? 📉 Ethereum, XRP, and Litecoin could be bound for a steeper decline 🚀 Cardano packs its schedule with new releases every week 🦾 IOTA’s newly updated Coordicide whitepaper validates previous research Featured event🇹🇷 IstanBlock 2020 - April 9-10, 2020 - Culminating at the end of a week’s worth of incredible side attractions, exhibitors and speakers from the world of blockchain and crypto, IstanBlock 2020 will allow you to rub shoulders with blockchain experts, government leaders, business tycoons and of course top tier media outlets that specialize in sharing news and information from this ever-evolving space. Learn more Featured sponsors🇺🇸 ShortHop - ShortHop by Velocity Markets Inc. is a U.S. based marketplace that lets you buy, sell and trade crypto online. Currently offering $0 commissions, ShortHop connects to multiple exchanges and gets you the best price available. Learn more 💸 ZenLedger - ZenLedger is a tax software that enables you to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms like 8949, Schedule D, FinCen114 & FBAR. Learn more ⛱ LocalCryptos - LocalCryptos is a peer‐to‐peer custody‐less encrypted marketplace for buying and selling ether over‐the‐counter. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more 🧠 Bitsmax - an innovative service, based on neural network, that allows you to make passive and stable profit, even if you absolutely do not understand cryptocurrencies. Just make a deposit and start your way as crypto investor with Bitsmax! Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |