Spot

OTC Spreads Exceeded 10% Amid Bitcoin’s Violent March Crash

Source Node: https://cointelegraph.com/news/otc-spreads-exceeded-10-amid-bitcoins-violent-march-crash
Time Stamp: April 8, 2020 8:52 AM - Modified On: May 21, 2021 - Published By:
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Over-the-counter (OTC) liquidity provider B2C2 has published a report analyzing the trading spreads exhibited across its Bitcoin (BTC) market and three leading institution-facing spot exchanges throughout March.The study finds that spreads widened significantly amid the dramatic crash of March 12–13, the largest drop in the price of Bitcoin since 2013.Bitcoin order spreads exceed 10% immediately on March 13As the crash began on March 12, bid-ask spreads for batches of 25 BTC bounced from close to single-digit basis points to 200 on its platform — equating to roughly 5%. The report also

Bitcoin Spikes by 2x in 26 Days: What’s Actually Behind the Big Rally?

Source Node: https://cointelegraph.com/news/bitcoin-spikes-by-2x-in-26-days-whats-actually-behind-the-big-rally
Time Stamp: April 7, 2020 2:33 PM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it.The three factors are a significant surge in spot buys, a massively overextended plunge below $4,000, and the immediate recovery of BTC to major support levels.Factor 1: Bitcoin spot buys on the riseCoinbase, Kraken, Binance, Bitfinex and other spot exchanges saw a substantial spike in buy volume following the March 13

Introducing the new Blockchain.com monthly newsletter — April Edition: “After the Dust Settles”

Source Node: https://medium.com/blockchain/introducing-the-new-blockchain-com-monthly-newsletter-april-edition-after-the-dust-settles-53995c8fc2af?source=rss----8ac49aa8fe03---4
Time Stamp: April 6, 2020 12:38 PM - Modified On: May 21, 2021 - Published By:
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The quality of information and data in crypto has improved in recent years, so you may be asking why another monthly newsletter?There are still some big data and analysis gaps in crypto. Crypto markets are nowhere near as widely served with reliable research and data as traditional markets. Indeed, the March 12–13th crypto stress test demonstrated there are also still some very significant issues with the state of crypto exchange infrastructure.What you can expect from our monthly newsletterOur intention with this newsletter is to avoid repeating what you can find

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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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

Retail Bought $3.7K Bitcoin Price Dip on Record $76B Volume: Report

Source Node: https://cointelegraph.com/news/retail-bought-37k-bitcoin-price-dip-on-record-76b-volume-report
Time Stamp: April 4, 2020 5:54 PM - Modified On: May 21, 2021 - Published By:
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Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month.Cryptocurrency market daily view. Source: Coin360The March 13 market crash that brought the Bitcoin price from $8,000 to a low of $3,800 in 24 hours registered the biggest day for crypto in terms of trading volumes registered at Bitcoin spot markets. On March 13 alone, total daily volumes

April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/april-fools-celebrity-scams-manipulated-markets-bad-crypto-news-of-the-week
Time Stamp: April 4, 2020 3:56 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged into the federal government. An opinion piece in Bloomberg has described how an alphabet soup of financial programs intended to help the economy through the current crisis is allowing the government to buy up securities

This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K

Source Node: https://cointelegraph.com/news/this-historically-accurate-pattern-suggests-epic-bitcoin-plunge-to-3k
Time Stamp: April 4, 2020 4:50 AM - Modified On: May 21, 2021 - Published By:
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The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely.The Bitcoin price has been ranging in between $5,800 and $6,900, with an exception of a brief wick to $7,300 on April 3. BTC-USDT 4H chart. Source: TradingViewTechnical analysts say that the declining volume of Bitcoin put together with stagnant open interest in futures and the abrupt V-shape recovery of

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

Source Node: https://cointelegraph.com/news/2-reasons-a-deeper-correction-in-stocks-may-end-bitcoins-rally-to-8k
Time Stamp: April 3, 2020 4:47 PM - Modified On: May 21, 2021 - Published By:
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The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in the short-term.Dan Niles, the founding partner of Alpha One Capital Partners, said in a note to clients that the dire economic consequence of the coronavirus pandemic could lead to a steeper correction in the U.S. stock market.With Q2 earnings set to

Binance Set To Launch Bitcoin Options Amid Many Other Developments

Source Node: https://insidebitcoins.com/news/binance-set-to-launch-bitcoin-options-amid-many-other-developments/256363
Time Stamp: April 3, 2020 8:26 AM - Modified On: May 21, 2021 - Published By:
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There are a few certainties when it comes to reporting within the crypto industry. Binance extending its offerings is one such thing, even amid a global pandemic. It doesn’t happen every day, it might not also occur every week, but Binance will always expand, it seems. The company has established itself as a heavyweight in the industry and doesn’t seem to be keen on letting that title go.Incorporating Options To Its ArsenalAs a testament to this, Binance has announced yet another new development to its service offering, adding Options trading