Analysts Expect Ethereum to Surge to $445 as Buy-Side Demand Builds

Ethereum is moving higher today in tandem with Bitcoin after bearing witness to some intense selling pressure yesterday The cryptocurrency has primarily been consolidating as of late, with bulls and bears being unable to spark any clear trend This has caused ETH to see severe underperformance of Bitcoin, with the benchmark cryptocurrency far outpacing it as of late Where Ethereum trends in the near-term may depend largely on where the aggregated market moves as election […]

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Bitcoin’s Price is Failing to Convince the Margin Markets That It is Bullish

Bitcoin has been caught within a firm uptrend that has allowed it to shatter its correlation with the stock market as it continues marching higher Despite the overt bullishness of this move, funding rates have been on the brink of being negative on many major trading platforms This shows that demand for short positions remains high, and that traders are widely trying to time its top Furthermore, this trend is observed while looking towards Bitcoin’s […]

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CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well.

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Strong Institutional Demand for Bitcoin, CME Becomes Second Largest BTC Futures Market

Bitcoin's price made a big shift this week as the bulls gained control of the market and pushed it past $13,000. A similar shift has been seen in the open interest recorded by the bitcoin trading platforms.

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DeFi Craze Drives Stablecoin Market Cap to $20 Billion

This year’s decentralized finance (DeFi) frenzy has driven such a demand for stablecoins that their combined market capitalization now exceeds $20 billion. This is more than any other cryptocurrency aside from Bitcoin and Ethereum.

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Bitcoin Weekly Outlook: More Turbulence Expected on Mixed Economic Data

Bitcoin managed to close the previous week in green as a slightly optimistic economic data in the US lifted demand for the US dollar. The cryptocurrency and the greenback have trended inversely to one another since the March 2020’s global market crash.

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DeFi Audit Firms Seeing ‘Overwhelming Demand’ Even Amid Token Price Slump

Overbooked audit firms are “rejecting” DeFi projects for code checks as the young sector wallows in its first bear market.

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CME Sounding Out Crypto Traders to Gauge Market Demand for Ether Futures, Options

The largest U.S. regulated market for bitcoin futures has been sounding out cryptocurrency traders to gauge their interest in a listing of futures and options on the Ethereum blockchain’s native tokens.

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WBTC surpasses $1 billion as Bitcoin to Ethereum port demand rises drastically

ERC20 tokens have been some of the best performing tokens on the market and WBTC has become the most recent of these tokens to make another groundbreaking upsurge in market capitalization value. On the 6th of October, WBTC surpassed $1 billion in market cap.

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Vertex Market P2P Exchange Takes the Crypto World by Storm

Cryptocurrencies are among the best performing assets of 2020, making it an attractive investment option, even for those who have never owned the cryptocurrency in their life. As more people look for ways to diversify their portfolio, the demand for easy access to digital assets is on the rise. However, the number of platforms that […]

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Interest Rate Differentials and the Demand for US Dollar

Why does the currency market consistently show a larger interest rate differential between the rate for the US dollar and other currencies?

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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […]

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SGEN Stock Jumps 16% in Pre-Market as Merck Set to Purchase $1B Stake in Seattle Genetics

Coinspeaker SGEN Stock Jumps 16% in Pre-Market as Merck Set to Purchase $1B Stake in Seattle GeneticsIt is a strategic partnership that will see both Merck and Seattle Genetics venture new market opportunities as the market demand for specialized and less harmful drugs sharply increases amid the crisis.

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Tellor (TRB) secures coveted Binance listing as oracle bull run continues

The DeFi sector’s massive growth in recent weeks has given rise to other fragments of the crypto market, with decentralized finance’s reliance on oracles driving investor demand to these types of projects.

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Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’

Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply.

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Chasing The Crypto Trend: Tron Attempts To Jump On DeFi Bandwagon

Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently. Is this yet another attempt by the altcoin’s backer to tap into the latest trend, or is this simply meeting market demand with the services […]

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Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol

As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics.

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Chainlink (LINK) Trading Volume on Coinbase Surpasses That of Bitcoin

Blockchain agnostic platform Chainlink saw record volumes on Coinbase yesterday, surpassing even those of Bitcoin, reported Coindesk over the weekend. Trade Volumes Cross Coinbase On the back of the booming DeFi market and demand for decentralized oracles, Chainlink’s LINK tokens are seeing a huge frenzy.

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BTC and ETH Crypto Derivatives in Demand, Market Expected to Grow Further

Options interest and volumes reach their all-time highs, with derivatives markets exploding as market sentiments remain bullish on BTC and ETH.

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Cash App Bitcoin Revenue, Profits Increase 600% Year-Over-Year On “Rising Demand”

Square Inc’s Cash App is just one of many ways CEO Jack Dorsey is exposing the public to Bitcoin. The payments firm added support for cryptocurrency purchasing in 2018 during a bear market, but demand has continued to climb.

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Bitcoin Again on the Move Amidst “Increasing Market Demand”

Bitcoin is back on the move today. Volatility has been expected as options for 67,700 Bitcoin worth $745 million are expiring today. Currently, the largest cryptocurrency is trading just under $11,400, up more than 3%, with over $2 billion in trading volume.

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Deribit Options Market Sees Record High Volume as Bitcoin Upside Demand Grows

The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis on options contracts to capitalize on the volatility seen by Bitcoin and other digital assets.

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On This Crypto Social Platform, Investments Work While You Are Resting

Despite the rapid growth of a variety of blockchain startups over the past decade, this sector remains in demand. And even the era of unsuccessful ICOs did not discourage enthusiasts from striving to prove themselves in this market, and investors did not lose their desire to find a ‘pearl’ that would bring a good profit. […]

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Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop

The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between March 12 and the first […] The post Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop appeared first on Bitcoin News.

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‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art

The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and 4K video art from Terry Flaxton will be sold on the […] The post ‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art appeared first on Bitcoin News.

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Huobi Becomes The Latest Exchange to Enter Bitcoin Options Market With a Q3 Launch Date

The bitcoin derivatives market has seen some astonishing demand this year with the trading volumes soaring all-time highs. The derivative market that primarily dominated by futures contracts; however, there has been a recent surge in demand for options as well, which has forced significant players in the field to take notice and launch a product […]

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Tether's Circulating Supply Surpasses $10 Bln Amid Mushrooming Demand for Stablecoins

Tether (USDT) becomes the latest cryptocurrency to hit ten-digit market capitalization

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Crypto trading tip - how to read Order Flow

With crypto markets primarily driven by technical analysis and the abundance of charting software available, the order book is a powerful tool for gauging the probabilities of market direction. Reading buy and sell demand on the book is called 'order flow' which can help day traders scalping the market to improve on entries, and, in a market notorious for fake volumes, it can help all types of traders identify spoof orders.

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Orchid Protocol Launches New Decentralized VPN on Apple App Store With Easy Onboarding

Orchid, a peer-to-peer decentralized bandwidth market company, launched its crypto-enabled VPN app on the Apple Store. The launch comes at a time when demand for VPN apps and services is at its highest.

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How the Ethereum DeFi market just blasted past $2 billion to a record high

Ethereum’s decentralized finance (DeFi) market is continuing to soar, as the demand for new platforms surges. The post How the Ethereum DeFi market just blasted past $2 billion to a record high appeared first on CryptoSlate.

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Tether Briefly Passes $10 Billion in Market Cap

The Tether (USDT) stablecoin briefly crossed $10 billion in market cap on June 30, continuing its trend of usage and growth in 2020. The token has been criticized by the cryptocurrency community for excessive minting, but the team has said that this has been in response to high demand.

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Tether hits $10bn market cap as DeFi drives demand

Despite controversy over its issuance, Tether has recently seen its market cap hit $10...

The post Tether hits $10bn market cap as DeFi drives demand appeared first on Coin Journal.

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Bitcoin's Network Demand Score falls to pre-crash levels

Bitcoin's recent market movement has been one beset with volatility. However, some optimists still believe that the price of the world's largest digital asset can still surge to $300k levels. On the cThe post Bitcoin's Network Demand Score falls to pre-crash levels appeared first on AMBCrypto.

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A Coinbase Pro Listing and Other Eye-Opening Data Points on Compound’s Surge in Demand

It's hard to pick just one stunning fact about the market suddenly created by the issuance of Compound's COMP token.

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DeFi Tokens Maker, Kyber Network, and Aave Moon Despite Uncertainty in the Market

Demand for DeFi tokens continues to rise, and Maker, Kyber Network, and Aave are a clear example of this. These cryptocurrencies have enjoyed an impressive rally over the past few... The post DeFi Tokens Maker, Kyber Network, and Aave Moon Despite Uncertainty in the Market appeared first on Crypto Briefing.

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Demand For Ethereum Blockchain Jobs Picks Up

After a lull in new blockchain positions there seems to be a return of activity in the market. We’ve noticed in our daily research an increase in new adverts for... The post Demand For Ethereum Blockchain Jobs Picks Up appeared first on Trustnodes.

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What’s Driving The Demand Behind Stablecoin’s $10B Crypto Market Cap Milestone?

The growth of stablecoins in 2020 has been unlike anything seen before. Each week, more and more of the fiat-backed crypto assets are printed, nearly as fast and as often as the Federal Reserve is printing new cash.

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Bakkt and Novogratz’s Galaxy Digital Partner Following the Uptick in Demand from Large Institutions

Bakkt is partnering up with Mike Novogratz’s Galaxy Digital to launch a collaborative “white-glove service” for “multi-billion-dollar” asset managers looking to buy and store bitcoin. As per the announcement that came on Wednesday, Galaxy Digital’s affiliate Galaxy digital trading is providing market access and trading capabilities while Bakkt Warehouse will safeguard digital assets for clients. […]

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Ethereum (ETH) Transactions' Metrics Show Huge Upsurge of Network Usage

The Ethereum (ETH) network experienced a significant spike in terms of market demand and adoption. A new metric revealed by Glassnode proves it one more time.

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Crypto Investment Giant Captures Insane Market Demand With Another Week Of Massive Bitcoin Accumulation

Despite Bitcoin’s struggling price movement since the year began and even after the halving events, new reports have continued to prove that Cryptocurrency investors, precisely Bitcoin investors, have remained bullish as investment continues to increase in leaps and bounds.

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60/40 Portfolios Will Pick Bitcoin over Government Bonds, Claims Veteran Investor

Bitcoin could attract higher demand from hedge funds as government bonds return poor yields. Portfolios with 60 percent exposure in the stock market and the rest 40 percent in the sovereign notes would diversify into Bitcoin/Gold, according to Dan Tapeiro, the founder of Dtap Capital.

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Bitcoin's Put/Call ratio hits 2020-low

The Bitcoin Options market has noted great demand coming from traders for buying call option contracts. This demand was reflected in the Put/Call ratio metric provided by Skew. According to the data pThe post Bitcoin's Put/Call ratio hits 2020-low appeared first on AMBCrypto.

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Bitcoin Price Tests $9.4K as Demand for Put Options Drops

Put options – a bet on bitcoin's price – are declining alongside a rise in the leading cryptocurrency by market cap's price.

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What does Tether's demand surge imply?

The cryptocurrency market saw a huge chunk of its gains wiped out by the Black Thursday crash back in March. However, in all the ensuing chaos, stablecoins were the asset class that emerged winners.

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New Bull Market Signal? Bitcoin On-Chain Demand Growing Stronger Post-Halving

Bitcoin’s halving event is done and now investors and experts are waiting for the next step. The digital coin before the halving event picked up positive sentiments that saw its embark on a steady bullish run.

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Bitcoin's perfect network demand score might not necessarily mean a bull market

For weeks leading up to Bitcoin's halving, a common narrative that was advocated well by the ecosystem was the improvement in Bitcoin's on-chain fundamentals. After the price regained its momentum folThe post Bitcoin's perfect network demand score might not necessarily mean a bull market appeared first on AMBCrypto.

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Bitcoin options skew shows a massive demand for puts; here’s what this means

Bitcoin’s options market is suggesting that there is a growing demand for put positions amongst traders. The post Bitcoin options skew shows a massive demand for puts; here’s what this means appeared first on CryptoSlate.

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Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving 

Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million.

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P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise

During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America.

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