Bitcoin futures have been trading on the Chicago Mercantile Exchange since 2017, and they have become an important aspect of trading analysis, but they have failed to predict major corrections in the cryptocurrency markets. The launch of these futures followed Bitcoin’s meteoric rise in value, and it was designed…
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99Crypto
Distinct Advantages and Disadvantages of the Newest Emerging Bitcoin Alternatives
Traders worry Bitcoin's current correction means it will take a long time for the price to rebound. BTC has been dealt several blows, from Tesla CEO Elon Musk saying his company wouldn't accept BTC payments anymore and the Chinese government's crackdown on mining the…
Are Indecisive Bitcoin Investors Keeping The Market Bearish?
Indecision is the one word we could be used to describe the current sentiment among Bitcoin traders who are either sitting on the sidelines or failing to commit to a long position on the market. Left with nothing but technical analysis to guide their decision-making process, they are not sure…
Three Small-Cap Altcoins Showing Impressive Gains In Mid July
Three smaller altcoins, NEM, Augur and District0x, managed to beat the general crypto market corrections, showing impressive gains on July 16. Bitcoin and Ether may be struggling, but lesser known digital currencies have solid potential. As the cryptocurrency market matures, investors see diversity in their portfolio as a way to…
Here Are Jack Dorsey's Plans to Improve Bitcoin With DeFi
Dorsey hopes that the Bitcoin team will use Square’s existing technology to revolutionize DeFi for the cryptocurrency. The creation of this new division has come at a time when BTC is in a bit of a trough after a massive price increase in May. Since then, BTC has shed…
Bitcoin Bulls Are Conspicuously Absent as the Market Turns Bearish
Institutional investors and hedge fund managers do not seem to be ready to capitalize on the profit opportunities that Bitcoin could provide. On Tuesday, Bitcoin failed to establish a support level above $33,000; it started off the week trading sideways, but it eventually fell below $32,000. The slightly…