Trading


Markets

XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead

Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Bulls Eye $70K Amid Donald Trump's Rising Chances of Returning as President

“BTC could hover around the 120-day moving average, and the price may have the momentum to go up to $68k or even $70k, but we need to continue to monitor closely the Fed policies and implications of Mt Gox,” one trader said.

Bulls fighting. (Bykofoto/Shutterstock)

Finance

A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange

The second-largest crypto exchange, OKX, asked key trading firms for more information about their clients, in what appears to be an effort to root out misuse of a VIP fee program.

Crypto exchanges are clamping down on fees. (Matt Artz/Unsplash)

Markets

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

Some traders consider the current price lull to be stemming from market participants remaining “on the sidelines” amid sales pressure from defunct exchange Mt. Gox and the German state of Saxony.

Bull and Bear (nosheep/Pixabay)

Markets

Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset

Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.

(sergeitokmakov/Pixabay)

Markets

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges

The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

(Allef Vinicius/Unsplash)

Markets

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.

Liquidity for bitcoin cash has dried up, amplifying a price drop related to the Mt. Gox repayments. (daeron/Pixabay)

Markets

Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows

Net inflows on Monday were the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

Markets

Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges

On Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.

Bitcoin received by German Government wallets. (Arkham)