Bitcoin trading

But what is bitcoin and how does it all work? The computers are made to work out incredibly difficult sums.

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Occasionally they are rewarded with a bitcoin for the owner to keep.

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31 oct 2018 31 october 2018

Today is the tenth anniversary of the virtual currency bitcoin.

But on its birthday it could be worth less by the end of year than it was on its previous birthday - for only the second time since it arrived in the virtual wallet.

In late october 2017, bitcoin was worth just under £5000 - now it's worth just a little more. And there are still a couple of months of trading to go.

But what is bitcoin and how does it all work?

Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual.

It's like an online version of cash. You can use it to buy products and services, but not many shops accept bitcoin yet and some countries have banned it altogether.

The physical bitcoins you see in photos are a novelty. They would be worthless without the private codes printed inside them.

Each bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

People can send bitcoins (or part of one) to your digital wallet, and you can send bitcoins to other people.

Every single transaction is recorded in a public list called the blockchain.

This makes it possible to trace the history of bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.

There are three main ways people get bitcoins.

You can buy bitcoins using 'real' money.

You can sell things and let people pay you with bitcoins.

Or they can be created using a computer.

In order for the bitcoin system to work, people can make their computer process transactions for everybody.

The computers are made to work out incredibly difficult sums. Occasionally they are rewarded with a bitcoin for the owner to keep.

People set up powerful computers just to try and get bitcoins. This is called mining.

But the sums are becoming more and more difficult to stop too many bitcoins being generated.

If you started mining now it could be years before you got a single bitcoin.

You could end up spending more money on electricity for your computer than the bitcoin would be worth.

There are lots of things other than money which we consider valuable like gold and diamonds. The aztecs used cocoa beans as money!

Bitcoins are valuable because people are willing to exchange them for real goods and services, and even cash.

Some people like the fact that bitcoin is not controlled by the government or banks.

People can also spend their bitcoins fairly anonymously. Although all transactions are recorded, nobody would know which 'account number' was yours unless you told them.

Bitcoin

Introduction to bitcoin for beginners

Bitcoin which is on the trend nowadays and virtually the whole world has heard about it came into existence in january 2009. However, prior to its release, a domain name bitcoin.Org was registered in august 2008. And, a paper pertaining to the information about bitcoin was posted to cryptography mailing list. The title of that paper was “A peer-to-peer electronic cash system” which contained the methods of using the peer-to-peer network in detail containing about generating the system of electronic transactions without relying on the trust. This little start of a little currency which was in cents at that time became a worldwide recognized system of transactions which currently has a worth of over $11,000.

What is bitcoin?

In simplest words, it is a digital coin with a value. Moreover, bitcoin is not centralized meaning it is not owned by a central entity like government or a central bank. Or in other words, it is a decentralized cryptocurrency where no intermediary (bank or government) is involved in the transaction between two people. People can spend as much as they want and on whichever thing they want, there will be nobody to control or supervise their actions. It is very easy to operate and you can send it quickly from one place to the other place of the world.

Where did bitcoin come from?

Just like gold mining where it is obtained from mining with the help of a machine and manpower bitcoin is also mined. But, instead of literally mining the coins, they are created by using computer power which is called as mining. In early days of bitcoin, it was very easy to mine it and people used to get a good amount of bitcoin. But today, due to increase in the value of bitcoin and high competition, the mining of bitcoin is not as profitable as it used to be. IF we talk about the number of bitcoin, then there are a total of 16.5 million bitcoins in the world. And, the process of mining will be continued until it reaches to the limit of 21 million bitcoins.

How to buy bitcoin?

The process of buying bitcoin is pretty simple. You can but the bitcoins with the help of brokers. Now there are a lot of brokers which deal with bitcoins and other cryptocurrencies but not all of them a trusted. So the ones that are trusted include coinbase, coinmama, bittilicious, changelly, coinhouse and itbit etc. There are many more brokers which are trusted but these names are often taken when it comes to reliable exchangers of bitcoins. Follow the below given steps to buy bitcoins:

Now what you need to do is sign up on any one of these exchangers by putting all of your genuine information.

Once you are done with your signing up, connect your bank account to the exchanger. Because you need to pay in USD or euros to get bitcoins.

Once you have connected your bank account, you can exchange the currency in your bank with the bitcoins.

What are wallets and how to transfer coins from one person to another?

Just like the regular coins which are stored in your wallet, your bitcoins are also stored in your digital wallet. Each wallet has a public digital address which can be used to send or receive a bitcoin. There is no fee or cost associated with creating a wallet. You just need to make sure that you have a wallet which is secure. The security of wallets differs with their types. Some of the types of wallets are:

Coinbase: it is a one-stop solution as it exchanges and stores bitcoins too.

Circle: users can use this wallet to store, send, receive and even buy bitcoins from this wallet.

Blockchain: it is one of the most popular web-based wallets and does everything that a crypto wallet does.

Strongcoin: it provides users with a hybrid wallet which lets them encrypt their private address keys.

Xapo: simple and easy to use bitcoin wallet with a security of cold storage vault.

Now, the process of sending bitcoins to someone is pretty easy. Whether you are gifting them to somebody or doing a trade, the main thing is that you must have a wallet. The rest is easy, even a beginner can learn how to transfer bitcoins. Although there are different methods with different wallets, generally all have a similar process.

Go to your wallet’s HOME and click send button.

Select bitcoin as your digital currency.

Enter the wallet address of the person you are sending the coins to, his email and phone number if required.

Enter the amount that you want to send.

Review the transaction and then confirm it. That’s it!

Are you ready to make some serious money trading bitcoin? Click here to see our list of favourite alt coin brokers

Bitcoin

Introduction to bitcoin for beginners

What is bitcoin?

Where did bitcoin come from?

How to buy bitcoin?

Now what you need to do is sign up on any one of these exchangers by putting all of your genuine information.

Once you are done with your signing up, connect your bank account to the exchanger. Because you need to pay in USD or euros to get bitcoins.

Once you have connected your bank account, you can exchange the currency in your bank with the bitcoins.

What are wallets and how to transfer coins from one person to another?

Coinbase: it is a one-stop solution as it exchanges and stores bitcoins too.

Circle: users can use this wallet to store, send, receive and even buy bitcoins from this wallet.

Blockchain: it is one of the most popular web-based wallets and does everything that a crypto wallet does.

Strongcoin: it provides users with a hybrid wallet which lets them encrypt their private address keys.

Xapo: simple and easy to use bitcoin wallet with a security of cold storage vault.

Go to your wallet’s HOME and click send button.

Select bitcoin as your digital currency.

Enter the wallet address of the person you are sending the coins to, his email and phone number if required.

Enter the amount that you want to send.

Review the transaction and then confirm it. That’s it!

Are you ready to make some serious money trading bitcoin? Click here to see our list of favourite alt coin brokers

Bitcoin day trading 2021 – tutorial and brokers

Bitcoin day trading has seen a huge surge. With plenty of volatility and price movements, it’s an ideal day trading market with huge trading volume per day. This page will help you learn bitcoin trading, outline bitcoin strategies and tips, plus highlight why a day trader looking for profit should delve into the BTC world.

Use the broker list to compare the best bitcoin brokers 2021 and learn how to trade bitcoin.

Note that traders based in the united kingdom can no longer trade cryptocurrency via cfds. Regulatory changes took effect in january 2021 to prohibit speculation on crypto prices via leveraged products such as cfds.

Traders can still buy cryptocurrency directly on exchanges as this is provided without leverage.

Bitcoin brokers in the united kingdom

Bitcoin chart

What is bitcoin?

Bitcoin is part of the emerging cryptocurrency market. Whilst cash is made of paper, bitcoins are basically clumps of data. Scrapping the bank or governmental middle man that act as an intermediary for your money, cryptocurrencies enable the transfer of money directly between individuals, utilising secure blockchain technology.

The blockchain is a secure ledger of transactions. Digital coins can be mined by processing complex mathematical algorithms.

The blockchain network records each transaction, securing the entire process – but crucially – speeding it up. Charges are made per transaction.

Bitcoin was the first cryptocurrency to utilise the technology, and subsequent growing pains have led to ‘forks’ in the process. This resulted in the introduction of bitcoin cash. Other currencies then tried to improve the process, both in terms of speed, but also, costs and energy requirements. Ripple, ethereum and litecoin all claim to be superior to bitcoin.

The vast wealth of bitcoins are held in the hands of a few, so bitcoin is bought in fractions as low as one-hundredth of a million, which equates to just less than one-tenth of a cent currently.

This means anyone can dabble and explains the boom in bitcoin trading volume per day.

The current cryptocurrency market is estimated to be worth around $148 billion, but analysts believe that figure could climb to a staggering $1 trillion by 2019. This makes day trading bitcoin an appealing proposition.

Bitcoin makes up half of the cryptocurrency market and roger ver, bitcoins CEO, believes ‘it’s the dawn of a better, more free world’. Whilst that remains to be seen, it does have certain attributes that make it tempting for those looking to make money day trading bitcoin.

Why day trade bitcoin?

Never a dull moment – with swings of over 10% in a matter of hours, this volatile market should give you the chance to find traceable action, and a potential profit for a savvy bitcoin day trader. Put simply – it’s an exciting market to day trade in. So unless you hand over your trust to a day trading bitcoin bot, you’ll have fun glued to the screen.

Ideal for those comfortable with forex – you don’t need to understand the complex technical world of cryptocurrencies and bitcoin. It’s basically a currency, enabling you to apply the same thought processes when you’re day trading bitcoin as you would when you’re day trading forex.

Potential for leveraged trading – some bitcoin exchanges offer leveraged trading, which could give you greater exposure to upside and downside price risk than your trading budget may normally allow.

Universal access – you can start day trading bitcoins anywhere on the planet, 24 hours a day, 7 days a week, 365 days a year. You simply need an internet connection. Plus, because you’re day trading you don’t need to have a long term view about whether cryptocurrencies will succeed. In addition, whilst the stock market can be a pricey place for normal investors, with facebook and apple shares costing around £110 per share, you can dive into the cryptocurrency market with just a dollars or pounds.

Low day trading bitcoin fees and taxes – compared to many traditional exchanges, bitcoin focused exchanges offer low fees and minimums.

Go long or short – each day is different, you can be bullish and bearish the same week.

Bitcoin wallet

To actually own bitcoin (rather than speculate on the price), you need a digital wallet to store your cryptocurrency. There are a whole range of wallet providers out there, but we like coinbase. It offers higher levels of security than most and is backed by large, regulated brokers.

What you’ll need to start trading

So you want to make money day trading bitcoin? Now you understand why to trade and what you’re trading, but here’s a bit more detail on the how – it’s a “trading bitcoin for beginners” step by step guide:

How to trade bitcoin step 1 – find out the price

One of the first things you’ll need to know is what the price is. To do that you’ll need to head over to an index or broker to see the latest traded value. You can also use orders – open orders or limit orders – to enter the market at the point you want to.

Step 2 – pick a broker

One of the biggest decisions you’ll have to make is which exchange or broker to deposit funds with. Day trading bitcoin on bitmex or coinbase has become particularly popular in recent years. However, there are other choices too, including:

Bitfinex

Bitstamp

Kraken

BTC-e

GDAX

Luno

Away from the direct exchanges, there are also brokers that will allow you to trade the underlying asset of bitcoin, without actually owning it. It can for example, be traded within a forex pair against the US dollar. Other brokers, such as IQ option, will also allow you to speculate on bitcoin via cfds or spread bets. Our broker table will show which firms offer one-click trading of bitcoin.

Step 3 – capital

Before you can make money day trading bitcoin you’ll need some capital to start with. The internet is packed full of warnings about losing all your money so let’s keep this brief.

Whilst you find your feet, using a small amount is advisable. It’s also worth highlighting that you should never trade more than you’re willing to lose. Be strict and regimented with what you can and can’t afford to lose, and you’ll never need to worry about losing out to the cryptocurrency market.

Useful tip – if you’re using credit cards, you may get charged up to 3.99%, so keep an eye out for credit cards that offer 3% cash back so you can negate part of the cost.

Step 4 – bitcoin strategies

Rodger federer doesn’t step onto the tennis court without a clear trading strategy, and you shouldn’t start day trading bitcoin without one either. Some people seek the assistance of a bitcoin day trading bot, others rely on their own technical analysis and judgement.

Nearly all bitcoin day trading tutorials will suggest you utilise price charts and have an effective money management strategy. This will help you keep losses at a minimum and profits high.

Reading the charts

Whilst you will find an abundance of line and bar charts, don’t make them your bread and butter. Candlestick charts offer you the most information in the smallest amount of space. From them you can learn several essential bits of information:

What was the price when it opened and closed.

How high the price got during the time frame, as well as how low it dropped.

If the candlestick is green, then you know the price closed higher than when it opened.

When it’s red, it tells you it closed lower than when it opened.

If the chart is mostly green and heading upwards, you’re in an upwards trend.

You know if the chart is mostly red, you’re in a downwards trend.

When using your chart ensure you have the right timeframe settings. For day trading bitcoins you want charts that are between 1-30 minutes.

If you want to make money day trading bitcoin you’ll need to get familiar with candlesticks and their indicators (see example below). It isn’t uncommon for bitcoin to fall into a repetitive trend for months on end. If three of the last four candlesticks have been red, then there’s a good chance it’s going to carry on heading that way, unless the RSI suggests it’s been seriously oversold.

On balance volume indicator

Whether you were day trading bitcoin in 2015, or day trading it now in 2017, consider using the on balance volume (OBV) indicator. It utilises an intelligent combination of price and volume activity to tell you what is the total money flowing in and out of the market currently.

How do you apply it to bitcoin? If bitcoin trading is on the rise whilst the OBV trading is heading south, then you know people are selling into this rally, however a move to the upside would not be sustainable. The same logic can be applied in reverse.

Another one of our top tips – it is imperative you utilise multiple news sources. Bitcoin value is extremely reliant on public perception, so news events can trigger spikes. Some of the most useful and user friendly news sources out there are:

Cryptocoinsnews

Bitcoin magazine

Coindesk

The street

Coin telegraph

Business insider

Brave new coin

CNBC

When it comes to useful bitcoin day trading tips, many suggest that if there is zero negative news about bitcoin and cryptocurrencies in general, then it could well be the right time to sell. On the flip side, if there’s positive news then it could be time to buy.

Use this is a broad guide for day trading bitcoin and you’ll avoid some pitfalls and utilise some opportunities, hopefully making for a substantial bitcoin day trading profit.

Risks

Trading bitcoin for beginners introduces numerous risks – traders must be aware of them before putting money on the line. Learning bitcoin trading can involve expensive mistakes, so this list of risks with hopefully offer new traders some tips to avoid the pitfalls:

Regulation – bitcoins and cryptocurrencies are relatively new, making their future somewhat uncertain. People don’t know how governments will react further down the line and how stringent regulations will be. Could regulations cripple the market entirely?

Dangers of volatility – bitcoin is the most volatile of all assets, including the stock and gold markets. Whilst volatility brings with it opportunity to day trade bitcoin for a profit, it also brings with it doubt and unpredictability. For example, in june 2017 bitcoin was being traded at $2,983. It then lost 30% in value and crashed down to $1,992, only to climb up to $4,764 in september, boasting a 139% gain. You must ensure your bitcoin day trading strategies take into account the uncertainty.

Exchange risk – whilst your bitcoins can’t disappear, the transactions you do are permanent and only the recipient can refund them. This means you must only do business with those you either know, trust or are widely reputable.

Payments / charges – if buying and selling bitcoin directly, transactions costs can vary wildly. This can be a wider complaint with the concept as a whole, but for intraday traders making multiple trades, it is a significant risk. Cfds and binary options (or any derivative) can mitigate this risk.

Margin trading – derivates can often be traded on margin. While this can increase profit potential, it also increases the risk. Losses can exceed deposits when trading on margin.

Last words

The cryptocurrency market and bitcoin, in particular, are an exciting market for the aspiring day trader. Whilst there is understandable uncertainty, fortune favours the brave, and with these day trading bitcoin tips at your disposal, there’s serious potential profit to be made. Demo accounts offer a risk free way to learn how to trade bitcoin.

Trading veteran peter brandt says bitcoin could be headed to $180,000 before a significant pullback

Peter brandt is a veteran trader and believer in bitcoin and has recently released his new crypto update report. Brandt warns investors of the potential risk of joining bitcoin right now despite the optimistic price target of $180,000.

Bitcoin price might see $180,000 but joining now could be risky

According to peter brandt, bitcoin price is following a parabolic advance. However, once that’s obvious, ‘it is way too late to be a buyer’. Brandt states that investors should already own some bitcoin and that once he points out a parabolic trend, no one should buy based on the chart.

Brandt also pointed out a big symmetrical triangle that formed on the weekly chart since november 2017. Bitcoin price did break out of this pattern and it’s targeting $50,000 after re-testing the previous resistance trendline. Brandt also states that he will take some additional profits as well along the way.

Bitcoin $BTC is redefining the concept of "overbought." bull markets become and remain overbought. Major bull markets become overbought majorly. Historic bull markets become historically overbought. Red arrows mark midpoints of parabolic advances pic.Twitter.Com/ozb7ibxpbg

Peter also points out the potential risks of trading an asset based on overbought conditions. In the past few BTC bull markets, the digital asset has been extremely overbought several times, but that didn’t stop it from hitting new all-time highs, something that seems to be happening right now.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. Fxstreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in open markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of fxstreet nor its advertisers.

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Bitcoin trading

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Among the numerous websites providing bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customersвђ™ needs. We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with dash, zcash, and bitcoin cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.

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For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice. 1. Service safety and security. It is critical to ensure that your data will not be leaked to any other parties. Thus, the availability of certificates, like the PCI DSS, serves as the proof of serviceвђ™s safety. Besides, the regulation of exchanges is also important. For example, CEX.IO.

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About bitcoin

Bitcoin price today is $32,275.11 USD with a 24-hour trading volume of $117,004,254,280 USD. Bitcoin is down 15.22% in the last 24 hours. The current coinmarketcap ranking is #1, with a market cap of $600,236,607,560 USD. It has a circulating supply of 18,597,506 BTC coins and a max. Supply of 21,000,000 BTC coins.

The top exchanges for trading in bitcoin are currently binance, huobi global, bybit, binance.KR, and okex. You can find others listed on our crypto exchanges page.

What is bitcoin (BTC)?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias satoshi nakamoto. It was launched soon after, in january 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

Who are the founders of bitcoin?

Bitcoin’s original inventor is known under a pseudonym, satoshi nakamoto. As of 2020, the true identity of the person — or organization — that is behind the alias remains unknown.

On october 31, 2008, nakamoto published bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”

Just two months later, on january 3, 2009, nakamoto mined the first block on the bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency.

However, while nakamoto was the original inventor of bitcoin, as well as the author of its very first implementation, over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.

Bitcoin’s source code repository on github lists more than 750 contributors, with some of the key ones being wladimir J. Van der laan, marco falke, pieter wuille, gavin andresen, jonas schnelli and others.

What makes bitcoin unique?

Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.

It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $100-$200 billion in 2020, owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.

Looking for market and blockchain data for BTC? Visit our block explorer.

Want to buy bitcoin? Use coinmarketcap’s guide.

How much bitcoin is in circulation?

Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.

As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. At the moment of bitcoin’s launch, the reward was 50 bitcoins per block: this number gets halved with every 210,000 new blocks mined — which takes the network roughly four years. As of 2020, the block reward has been halved three times and comprises 6.25 bitcoins.

Bitcoin has not been premined, meaning that no coins have been mined and/or distributed between the founders before it became available to the public. However, during the first few years of BTC’s existence, the competition between miners was relatively low, allowing the earliest network participants to accumulate significant amounts of coins via regular mining: satoshi nakamoto alone is believed to own over a million bitcoin.

Mining bitcoins can be very profitable for miners, depending on the current hash rate and the price of bitcoin. While the process of mining bitcoins is complex, we discuss how long it takes to mine one bitcoin on CMC alexandria — as we wrote above, mining bitcoin is best understood as how long it takes to mine one block, as opposed to one bitcoin.

How is the bitcoin network secured?

Bitcoin is secured with the SHA-256 algorithm, which belongs to the SHA-2 family of hashing algorithms, which is also used by its fork bitcoin cash (BCH), as well as several other cryptocurrencies.

Where can you buy [bitcoin] ([BTC])?

Bitcoin is, in many regards, almost synonymous with cryptocurrency, which means that you can buy or sell it on virtually every crypto exchange — both for fiat money and other cryptocurrencies. Some of the main markets where BTC trading is available are:

If you are new to crypto, use coinmarketcap’s own easy guide to buying bitcoin.

Trading veteran peter brandt says bitcoin could be headed to $180,000 before a significant pullback

Bitcoin price might see $180,000 but joining now could be risky

Bitcoin $BTC is redefining the concept of "overbought." bull markets become and remain overbought. Major bull markets become overbought majorly. Historic bull markets become historically overbought. Red arrows mark midpoints of parabolic advances pic.Twitter.Com/ozb7ibxpbg

Latest crypto news

Latest crypto news & analysis

Editors’ picks

Bitcoin bull cycle temporarily on hold as altcoins bleed

EOS price takes a 20% nosedive after block.One CTO, dan larimer, resigns

LINK hunts for a local bottom as bulls prepare 40% upswing to $20

Chainlink, alongside ethereum, ripple, litecoin and polkadot, is leading the steep altcoin correction. The breakdown occurred in tandem with bitcoin's slump from highs above $40,000 toward $30,000.

Sushiswap's trading volume skyrockets, SUSHI price set to follow

Sushiswap trading volume has increased significantly over the last 30 days. Santiment shows the volume has increased from $130 million to a 30-day peak of $593 million, representing a 78% growth.

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Note: all information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.