Bitcoin

Following a recent speech by Chinese President Xi Jinping in support of blockchain technology, the number of WeChat searches for “bitcoin” has more than doubled. At the same time, the number of requests for the word "blockchain" increased by almost 12 times. WeChat searches (10/23/19): – 区块 链 (Blockchain): 777K – 比特 币 (Bitcoin): 572K WeChat searches (10/25/19): – 区块 链 (Blockchain): 9.2MM […]

On the night of October 26, the price of bitcoin reached $ 10,300. The growth was more than 40% per day. Then the correction began. If comparing against daily High vs Low: – 54th largest daily move, largest since Jan / 14/2015. – 88th largest two-day move, largest since Feb / 7/2018. This is still bigger than December 2017.> 95% of + 42% gains happened […]

Today, October 25, the price of the first cryptocurrency made a sharp jump above the $ 8600 mark. The chart below shows that the sharp movement of more than $ 1000 (> 15% from previous marks in the region of $ 7400) occurred against the backdrop of a significant increase in trading volumes: According to Rekto, over the last 24 hours positions on the largest crypto derivative exchange BitMEX were liquidated at $ 200 […]