Posts

Showing posts with the label price

Bitcoin volatility fell by 98% in terms of the year

Image
Over the past 12 months, the volatility of the main cryptocurrency has reached its minimum level. Compared with the peak in January 2018, the coin"s fluctuation range has now decreased by 98%, according to the CoinMarketCap data. The Bitcoin price has fallen by 74% over the past year. Experts linked the fall in volatility and price of the main coin and noted that bitcoin showed low price fluctuations even in the fall before falling in November-December. In the same period of 2017, on the contrary, the largest digital currency showed explosive volatility, having jumped 26% only in January 2018. As a percentage of the past year, the average daily volatility of the BTC fell from 9.14% to 3.6%. Some experts positively assess the ... Read more about " Bitcoin volatility fell by 98% in terms of the year " on coinatory.com

Bitcoin is ahead of VISA by the volume of transactions

Image
With the help of the decentralized bitcoin service, users transfer a larger amount of financial resources than with a centralized Visa. Such information was provided by the media. The new statistical data coming from Bitcoincharts and Bitstamp indicate that bitcoin users made transactions worth $2.4 trillion this year. This is much more than Visa processing $1.3 trillion a year. Now there is a bearish trend, the market is falling faster than recovering, bitcoin has gone into negative territory again and currently trades at a level of ... Read more about " Bitcoin is ahead of VISA by the volume of transactions " on coinatory.com

Ethereum update Constantinople will reduce the reward of the miners by 33%

Image
Ethereum is testing a network update that includes code optimization, improved scaling, pricing, data processing, and a reduction in the award of miners to 2 ETH. August 31, was completed the development of a new package of system-wide updates Constantinople, which is actually a hardfork. It consists of five proposals for improving the Ethereum (EIP). Most of them are aimed at improving the quality of the platform and helping developers of smart contracts and applications, but for ordinary users, they will be almost insensible. However, ... Read more about " Ethereum update Constantinople will reduce the reward of the miners by 33% " on coinatory.com

ETH will go to zero!

Image
Earlier, we wrote that ETH was called a shitcoin and its price was estimated below $100. It seems that that opinion was quite optimistic. Jeremy Rubin, one of the inspirers of the MIT Digital Currency Initiative"s cryptocurrency initiative aimed at disseminating objective information about crypto coins, spoke about the fate of Ethereum. According to his estimates, the cryptocurrency, which now ranks second in terms of capitalization after Bitcoin, will be completely depreciated, and such a fact will not lead to the fact that the network of ... Read more about " ETH will go to zero! " on coinatory.com

Bitcoin: large funds at CME do not believe in growth

Image
According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ending last Tuesday: Large speculators (NON-COMMERCIAL) increased net position for the sale of contracts for bitcoins by 0.17 thousand contracts to 0.44 thousand. Large speculative players are increasing their net position for sale the second week after they reduced it for three weeks. The net position became the highest since July 31. Small speculators (NONREPORTABLE POSITIONS) increased net position for the ... Read more about " Bitcoin: large funds at CME do not believe in growth " on coinatory.com

Technically, bitcoin is ready for growth, but will it?

Image
On Thursday, August 23, the bitcoin rate closed with a slight increase against the US currency. Eight days the price is traded in a sideways trend between $ 6200 - $ 6650 with a range of 7%. The current bitcoin rate is $ 6,528. The price recovers after falling to $ 6231 on the decision of the SEC to reject applications for five bitcoin-ETFs from Direxion, two from GraniteShares and two from ProShares. Just like last time, the main reason for the refusal of applications was insufficient actions of exchanges to prevent fraudulent actions and ... Read more about " Technically, bitcoin is ready for growth, but will it? " on coinatory.com

Cryptocurrencies under pressure

Image
Over the past 24 hours, the cryptocurrencies have lost about 4% of total capitalization. Bitcoin went below $ 6000 again, coming close to the minimum of the year. Also, its capitalization is a step away from the breakdown of the $ 100 billion mark. There are no obvious drivers of this wave, the main reasons are low volume, the triggering of stop orders and the opening of short positions. Bitcoin and growth of the volume of short positions on it (hourly chart): And the long-term total short position remains relatively small ... Read more about " Cryptocurrencies under pressure " on coinatory.com

Bitcoin price grows after falling below $ 5800

Image
On Monday, the bitcoin price rises after a decline to $ 5,787 on Sunday, when the bitcoin price reached its lowest level in 2018 after the regulator of Japan demanded that local crypto exchanges improve their methods of operation. By 05:30 UTC on the Bitfinex exchange, bitcoin was trading at $ 6169.9, having risen 4.1% over the past day. The second largest by capitalization - Ethereum cryptocurrency on the Bitfinex exchange went up by 0.6% to $ 450.6. At the Poloinex exchange, the Ripple exchange price increased by 2.5% to $ 0.47575. The ... Read more about " Bitcoin price grows after falling below $ 5800 " on coinatory.com

BTC, ETH and XRP price analysis

Image
Yesterday we could observe the inflow of new capital to the crypto market, at the volume of $ 12 billion. This happened after a number of positive comments on the industry. The inflow of new capital has come as perfectly timed as never before, since the main cryptocurrencies began to gradually give up their critical positions, taken last week. At the moment, bitcoin has a unique opportunity to regain his former greatness and lead the cryptomarket again. 4-hour chart of the pair BTC / USD The pair BTC / USD, at the time of writing ... Read more about " BTC, ETH and XRP price analysis " on coinatory.com

Siacoin is feeling great

Image
Siacoin is expected to gain + 60%. Fundamental SC tells us that it is expected to list the currency on the Binance exchange, as well as Okex. https://twitter.com/OKEx_/status/1004366693265756162 This takes the 31st line in terms of capitalization, so these events can take place. We follow the SC marches for several days. The technical analysis gives us to understand that the course deviated from the support of the uptrend. However, Sia has long been in a declining trend and is a real solution to the growing trend for everyone who ... Read more about " Siacoin is feeling great " on coinatory.com

Is it worth it to invest. Litecoin price fell below $ 120

Image
Now the currency is traded at $ 117. Analysts are sure that in the near future the price will not rise above $ 122 On Tuesday, June 5, the average market price of Litecoin went down to $ 116, after which it began to rise gradually. Now the coin is worth $ 117, although a few hours ago it traded at $ 120. According to experts Ethereum World News, the rate of the cryptocurrency fell below the important support levels, so it will be difficult for it to grow in the near future. Experts believe that Litecoin may again fall in price to a mark ... Read more about " Is it worth it to invest. Litecoin price fell below $ 120 " on coinatory.com

Don"t expect much from Bitcoin next month

Image
While there are high expectations on Bitcoin by the end of 2019 and that bitcoin will rise in price to $ 20,000, the current situation is not that shiny. According to the economy forecast agency 30 RATES we should not expect the price of bitcoin to go up for the next month. Here"s their Bitcoin price prediction: Bitcoin Price Prediction By Da ... Read more about " Don"t expect much from Bitcoin next month " on coinatory.com