volume

Bitcoin Price Breaks $7K But Must Defend it to Avoid $5.2K — Analyst

Source Node: https://cointelegraph.com/news/bitcoin-price-breaks-7k-but-must-defend-it-to-avoid-52k-analyst
Time Stamp: April 6, 2020 3:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) finally retook $7,000 on April 6 after days of posturing culminated in a sudden surge as the new week began.Cryptocurrency market daily overview. Source: Coin360BTC price exits $6K… againData from Coin360 and Cointelegraph Markets showed BTC/USD exiting the $6,000 range in a snap move which took markets to three-day highs of $7,080.While holding at press time, it remained to be seen whether Bitcoin could sustain support at $7,000, or whether the latest push would copy others from last week in fizzling in a matter of hours.Bitcoin 1-day price

Both Crypto Derivatives and Spot Markets Post Record Volume in March

Source Node: https://cointelegraph.com/news/both-crypto-derivatives-and-spot-markets-post-record-volume-in-march
Time Stamp: April 5, 2020 3:06 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

The crypto lending industry — a ticking time bomb, rather than a shortcut to mainstream adoption

Source Node: https://medium.com/@viktortachev/the-crypto-lending-industry-a-ticking-time-bomb-rather-than-a-shortcut-to-mainstream-adoption-ec1fafec525a?source=rss-------8-----------------cryptocurrency
Time Stamp: April 5, 2020 9:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In his book “Extraordinary Popular Delusions and the Madness of Crowds”, Charles Mackay says that men think in herds and go mad in herds, while they only recover their senses slowly, and one by one. That was written in 1841. Today, it is even more relevant.The most illustrious collective obsession in the past decade is cryptocurrencies. For the last couple of years, we witnessed industry-specific shocks with varying implications, be it exchange hacks, scam schemes, or else. Although covered in controversies, in the long-term, the rise of cryptocurrencies should be