Latest Breaking News On - Crypto quant - Page 4 : comparemela.com

Unidentified Bitcoin Whales Bought Close To $1B Bitcoin Over The Weekend

Unidentified Bitcoin Whales Bought Close To $1B Bitcoin Over The Weekend
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Lex moskovskiGrayscale bitcoin trustWhat happenedCrypto quantகிரேஸ்கேல் பிட்காயின் நம்பிக்கைஎன்ன நடந்ததுகிரிப்டோ அளவு

China Cryptocurrency Warning Fears Leads To Extended Crypto Selloff

The People’s Bank of China issued a statement on Tuesday cautioning against the use of cryptocurrencies as a means of payment. What Happened: Despite the fact that Chinese officials were merely reiterating their previous stance on trading virtual currencies, the news seemed to deepen the existing sentiment of market-wide fear. Bitcoin dropped under $40,000 for the first time in three months, losing 15% of its value overnight, while Ethereum dropped 23% in the past 24-hours to $2,715. Large-cap altcoins like Cardano, Polkadot, Dogecoin, and Binance Coin also reported losses in excess of 25% overnight. Why It Matters: The statement from the PBOC doesn’t have any new regulatory steps, Yu Lingqu, a vice-director at the China Development Institute think-tank in Shenzhen, told Bloomberg.

Yu lingquYoung juBobby leePeople bankChina development instituteBinance coinDeheng lawCrypto quantஇளம் ஜூபாபி லீமக்கள் வங்கிசீனா வளர்ச்சி நிறுவனம்கிரிப்டோ அளவு

I Know Where The DOGE Money Is Going Next, Says Grayscale CEO As Ethereum Classic, Bitcoin Diamond Skyrocket

Altcoins like Bitcoin Diamond and Ethereum Classic seem to have come out from hibernation, with some recording weekly gains in excess of 300%. What Happened: Leading this week’s crypto rally was Ethereum Classic (ETC), which surged 340% in seven days from $35 to $154. Formed as a result of a contentious hard fork of the Ethereum blockchain, development and utility of the chain itself has been called into question despite Ethereum Classic being the “original Ethereum.” See also: Its creators and miners moved on to the Ethereum blockchain, leaving Ethereum Classic far behind in terms of market cap. Since July 2016, the coin traded between $2 and $33 dollars, until this week’s rally added $13 billion to its market cap making it the 13

Barry silbert barrysilbertMatt finestoneYoung juBarry silbertBitcoin diamondEthereum classicBitcoin maxiTone vaysGrayscale investmentsBitcoin cashCrypto quantஇளம் ஜூபாரி சில்பர்ட்பிட்காயின் வைரம்பிட்காயின் ம்யாக்ஸீகிரேஸ்கேல் முதலீடுகள்

Why Bitcoin Price Floors Have Strong Support Above $40,000

Bitcoin s (CRYPTO: BTC) struggle to breach $60,000 has proved that the price is a crucial resistance level in the current bull run. What Happened: However, the cryptocurrency has also found strong support at $50,000 and an even stronger price floor at $40,000, according to research from Chainalysis. According to the firm’s chief economist, Philip Gradwell, recent data indicates “strong support for high prices.” Gradwell finds that 3.1 million Bitcoins have been acquired at a cost of more than $40,000 and continue to be held, while 1.6 million Bitcoins have been bought and held at above $50,000. Buyers reportedly spent $88 billion to acquire the 1.6 million Bitcoin at an average cost of over $50,000, according to Chainalysis data.

Philip gradwellYoung juCrypto quantஇளம் ஜூகிரிப்டோ அளவு

Kimchi Premium Puts Bitcoin Lower Ahead of Fed Minutes; What s Next?

At first, it appeared like a regular profit-taking exercise among western day-traders against overvaluation risks. Nevertheless, blockchain analytics platform CryptoQuant noted that the sell-off appeared out of South Korea-based crypto exchange Upbit Global. It happened after a so-called “Kimchi Premium” indicator reached its three-year peak. What is Kimichi Premium? In retrospect, Kimchi Premium a metric which represents the difference in the bitcoin prices on South Korean exchanges and other global trading avenues. Arcnae Research analysts note that when the indicator peaks, it somewhat ends up blowing up the bitcoin bullish bubbles. The metric reached 47 percent in January 2018 and 63 percent in 2017, and followed up with vast price corrections in the global bitcoin market.

South koreaSouth koreanYoung juBrian walsh jrCrypto quantArcnae researchWalsh nicholson financial groupFederal reserveSouth korea basedKimchi premiumUpbit globalBrian walshNicholson financialதெற்கு கொரியாதெற்கு கொரியன்இளம் ஜூ