CME futures traders widely bearish on Bitcoin as a big movement loomsBTC $9160 (+0.1%) • ETH $236 (+0.2%) • XRP $0.195 (-1.9%)
Bitcoin’s ongoing consolidation phase has been perpetuated by limited liquidity and cratering trading volume. This has caused the cryptocurrency to trade within the lower-region of its long-held trading range between $9,000 and $10,000. BTC’s lackluster price action has directed greater attention to the benchmark cryptocurrency’s smaller counterparts. Traders are now moving to capitalize on the ongoing rallies seen by many smaller cryptocurrencies – also known as “altcoins.” As investors await further Bitcoin volatility, futures traders on the CME are growing increasingly bearish. More news ⏬Not a trader? Here are 5 other ways to earn Bitcoin (BTC) in 2020
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The decentralized finance sector has been grabbing the attention of crypto investors throughout the past couple of months, as virtually every associated token has been posting massive gains. Ethereum’s latest DeFi token just launched, and it’s 2,000% above its seed price
While Bitcoin and Ethereum have continued to stagnate, it is clear that the decentralized finance (DeFi) finance craze is alive and well. Here’s why Bitcoin-obsessed China is not seeing a DeFi boom, yet
Decentralized finance (DeFi) applications are driving growth in the cryptocurrency market in 2020. These 3 signals show crypto could see a major reflation “on par” with 2017
Bitcoin, Ethereum, and a number of other large cryptocurrencies have effectively flatlined over the past two to three months. Why the Cloudflare DNS outage caused a sharp decline in Bitcoin transactions
Cloudflare’s 1.1.1.1 DNS service saw a major outage yesterday that caused many websites to become unreachable, including multiple cryptocurrency exchanges and web-based Bitcoin wallets. ConsenSys researchers break down risks in Ethereum 2.0, the “biggest economic shift” in crypto
After months and years of development, Ethereum 2 is finally drawing close. For those unaware, the upgrade will overhaul how the Ethereum blockchain works, using certain technologies to make it more efficient in terms of costs, power consumption, and speed. Ripple (XRP) CEO “is in awe” of China’s crypto and blockchain approach
China’s regulatory approach to blockchain and cryptocurrencies is not going unnoticed, and it has caught the attention of Ripple CEO Brad Garlinghouse. Ethereum transactions are now near 2018’s ICO boom levels—it’s the DeFi effect
Ethereum transactions are seeing transactional activity last seen in 2018—when massive ICO activity dominated the network. 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.
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