Bitcoin Financial News

While Bitcoin (BTC) investors may not consider the U.S. midterm elections as a significant event, an eerie fractal from 2018 may provide a clue to what could happen before the year ends.

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.

Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.

The trading website of the OKX exchange has been blocked in Russia, according to Roskomsvoboda, a platform that keeps track of censored platforms.

Uniglo (GLO) has garnered much attention in the cryptocurrency community in less than a year. This Ethereum-based social currency is currently discussing listing the decentralized crypto platforms, Huobi (HT) or KuCoin (KCS), in November.

Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series.

The total crypto market cap is now near $900 billion. The market will likely be range bound till November 2, the day the US Fed announces another interest rate hike. Occasional rallies to the upside can occur, however. Macroeconomic conditions globally, including the possible collapse of a major bank (Credit Suisse or Deutsche Bank), can spook the markets in the short term. As this bear market plays out, we look at some positives in terms of adoption and other top stories of the week:Google partners with Coinbase to bring crypto payments to cloud servicesTech giant Google has partnered with Coinbase to allow users to pay for cloud services using cryptocurrencies early next year.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. 

Bitcoin BTC stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.

Ethereum’s much-anticipated Merge didn’t create the expected fireworks across the board in terms of ETH’s price action. In fact, Ethereum enthusiasts also discussed the ETH:BTC ratio at length in the past in tandem with “the flippening”. A hypothetical event that would see Ethereum overtake or “flip” Bitcoin’s market capitalization.

Bitcoin becoming less volatile than stocks might appear like a positive development. But crypto traders are warning that in a low-volume environment, that might not be a great thing. The coin’s 30-day realized volatility has “dropped sharply” in recent days, according to Noelle Acheson, author of the “Crypto is Macro Now” newsletter. It’s currently at around 52% after spending the past month above 64% on an annualized basis, according to Coin Metrics data compiled by Acheson. Meanwhile, Jake Gordon at Bespoke Investment Group points to a volatility gauge called BitVol, which has “begun to break down,” falling to near its lowest levels since the spring. The index currently clocks in at a little above 69, down from more than 111 in May. Yet trading volume has also slumped. Daily readings are hovering around $47 billion right now, down from more than $100 billion at the start of the year, according to data tracker CoinMarketCap.com. And even though lower volatility is typically welcomed in the stock market, for instance, the combo could spell trouble for Bitcoin, where there tend to be plenty of speculators who enter the space purely for the thrill of the swings.

Bitcoin (BTC) and other virtual currencies have been around for years, but it wasn't until 2017 that they really took off. The value of Bitcoin soared from around $1,000 in January to almost $20,000 by December, and other cryptocurrencies like Ethereum and Ripple saw similar gains. This newfound wealth has created a new class of crypto millionaires. 

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Bitcoin’s [BTC] almost 5% recovery on 14 October might not be the icing on the cake needed for a bullish revival. According to BaroVirtual, a CryptoQuant analyst, such events occurring in a full-blown bear market indicated a catastrophic outcome.

U.S. investors have been waiting for a Bitcoin exchange-traded fund (ETF) approval since May 2014 when the Winklevoss Bitcoin Trust filed an amendment request at the Securities and Exchange (SEC). 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.