Is Zero Commission Trading Helping Crypto Exchanges? A Realistic Take

The cryptocurrency trading sphere is slowly warming up to zero-fee trading. The trend first started with exchange-traded funds and then moved up to online stock platforms. The recent exchange to start offering zero-fee trading is Shapeshift. Let us have a look at trading platforms offering zero-fee trading. 
Will ShapeShift See An Increasing In Trading Volume
ShapeShift will now begin offering free perpetual trades. Interestingly, offering zero fees trading brought benefits for Charles Schwab Corp. The latter recently reported opening 142,000 new trading accounts in October- a 31% jump from September after introducing zero trading fees.
“We’ve definitely seen how people often need very simple messages,”
Erik Voorhees, the Denver-based chief executive of ShapeShift, said in a phone interview.
“Everyone understands free. We expect a 30% increase in trade volume.
Execute Free Transactions With Fox Tokens
For executing free transactions, traders will need to use Fox tokens that ShapeShift is rolling out.  Every user ShapeShift.com will get 100 free tokens, and the exchange may sell additional ones. Also, more FOX tokens a customer holds, more fee-free trades can be executed. Furthermore, Voorhees estimates that 90% of the exchange’s users will be able to do all their trades for free.
Exchanges Offering Zero- Fee Trading
Daily-trading volume in crypto exchanges is half of what it was in late October. As per data provided by CoinMarketCap, the percentage of exchanges offering no-free trading is about 10%. Smaller Exchanges are offering zero-fee trading as a part of promotions.  
Robinhood Crypto is also a major provider of zero-fee crypto trading, allowing users to trade seven major cryptocurrencies with no commission fee. In late September 2019, California-based financial firm SoFi launched zero-fee crypto trading on its platform SoFi Invest.
The list further includes Zebpay, which introduced zero-trading fees in February. Also, HitBTC lowered its trading fees in August. While leading crypto exchange Binance doesn’t offer zero- trading fee, it lets users lower their trading fees by investing in its own cryptocurrency. BitMEX is among the leading platforms offering zero trading fees. 
BitMEX
BitMEX offers zero-trading fee exchange for 8 coins and 14 trading pairs. The most active trading pair on Bitmex exchange is XBT/USD. The platform boasts of a 24-hour trading volume of $1,91,58,45,292 
Cobinhood
Cobinhood is a Hong Kong-based crypto exchange. The platform allows 0% trading fees. It also offers initial coin offering (ICO) underwriting services.
Liquid
Another exchange that offers zero-trading fees is Liquid. This  Japan-based exchange has a 24hour trading volume of $8,84,57,664. Presently, the exchange allows, trading of 173 crypto assets. 
While exchanges like Coinbase have reported having made $2 Billion in a span of 1 year only from trading fees. It will be interesting to note, how well in the long run, exchanges offering zero trading fees fare. Let us know what you think in the comments below!
 
The post Is Zero Commission Trading Helping Crypto Exchanges? A Realistic Take appeared first on Coingape.
Source: CoinGape

Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Coinbase Custody Supports Blockchain Capital’s BCAP Security Token
Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.
Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Source: CoinSpeaker

Bitcoin [BTC] has different use cases depending on where the user is; Venezuela is a good example, says Shapeshift’s Eric Voorhees

Proponents in the cryptocurrency industry have always made the effort to inform users and holders of coins about what is going on around them, in terms of use cases as well as regulations. The latest person to speak about the industry, more specifically Bitcoin [BTC], was Eric Voorhees, CEO of Shapeshift, a popular cryptocurrency exchange.
In discussion with Bloomberg, Voorhees stated that BTC’s price fluctuations and bubbles pave the path for establishing itself as a legitimate form of transaction. Voorhees was also asked whether Bitcoin will always remain a speculative asset or will it be used for actual purposes. To this, the Shapeshift CEO replied,
“The usage of Bitcoin actually depends on where the user is. In Venezuela, people are using it to escape inflation while in other countries people have started using in actual transactions. I agree that a majority of the use cases are still speculative but that will change as soon as people fully embrace it.”
Voorhees admitted that it has been a rough year for Shapeshift because of the addition of the Know Your Customer [KYC] feature on its wallets. He stated,
“We wanted a model that was supposed to be frictionless and aimed to increase the user’s privacy. All of us at Shapeshift wanted to build something that was useful but with the advent of KYC, it has become difficult. I have been a believer in Bitcoin since 2011 because as soon as I saw its application in terms of cross border transactions, I was hooked.”
The CEO opined that the legitimacy of cryptocurrency does not increase due to comments by groups of people, but rather from usage. He even commented on the entry of institutions into crypto by saying that established companies will hold a minority position for the foreseeable future.
Eric Voorhees was in the news recently after claiming that Bitcoin’s success rate was really minor in its early days, when compared to recent times. He had said,
“… the first bubble I was in, early-mid 2011, was bigger in terms of percentage gain but the industry was small back then, the people talked in terms of hundreds of thousands of dollars not multi-billion dollars. This is a big industry at this point and when this whole industry rises by a 100x in 2017 and then collapses back down by 90x, it has a big effect”
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Source: AMB Crypto

Craig Wright Accusing Binance, McAfee and Even Roger Ver of Being the Mafia

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Craig Wright Accusing Binance, McAfee and Even Roger Ver of Being the Mafia
Craig Wright, has called Binance, the world’s largest crypto exchange, a “super bucket shop” claiming that it’s co-founder Changpeng Zhao is engaging in wash trading and money laundering and that’s how he makes money.
Craig Wright Accusing Binance, McAfee and Even Roger Ver of Being the Mafia

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Source: CoinSpeaker

Bitcoin SV [BSV] block reorganisation: Network not reliable for payments, says BitMEX Research

Bitcoin SV [BSV] was in the limelight because of its touted large blocks, especially the 128MB blocks, highlighted by its spearheads. Just weeks after the feat, the coin’s blockchain was subjected to multiple block reorganizations as pointed out by a series of April 19 tweets by BitMEX Research.
The tweets indicated that on April 18, the exchange’s BSV node saw dual block reorganizations. BitMEX stated:
“First a 3 block re-organisation, followed by a 6 block re-organisation.”
Source: Twitter
BitMEX cited block 578639 as the location of the split, where the two competing chains were noticed. The tweet further stated that the exchange’s note kept track with the chain on the left until block 578642, following which it moved to the right. In the next hour, there was another jump to the left.
The research, however, contends that all the Transactions IDs [TXIDs] from the aforementioned fork migrated to the main chain, hence, double spending can be ruled out.
In light of this reorganization, BitMEX stated that the inference drawn can be that the BSV network cannot be relied on for payments, the block size touted to be too large to handle, and the network latency was too high.
With the BSV network incapable of handling a block of such a size, as the research indicates, their touted goals seem far-fetched. The cryptocurrency’s camp has maintained that their intention was to raise the default block cap to 512MB, with the same to be raised to 1-2GB in the future.
Jimmy Nguyen, one of the leads of the BSV project has even suggested blocks with no specified limits, with the same configured by the miners.
Block size apart, Bitcoin SV has been going through a tumultuous period off-late. The coin has been subject to a number of delisting announcements from top exchanges following the legal challenge mounted by its founders, which some have compared to “bullying”.
The post Bitcoin SV [BSV] block reorganisation: Network not reliable for payments, says BitMEX Research appeared first on AMBCrypto.
Source: AMB Crypto

#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV
Kraken will disable BSV deposits on April 22, trading will be ceased for all trading pairs on April 29th and, finally, withdrawals will be disabled on May 31st.
#delistbsv: Kraken Joins ShapeShift, Binance and Others Saying Goodbye to Bitcoin SV

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Bitcoin SV [BSV] delisting continues as several exchanges follow Binance to oust coin

The domino effect was in full swing, as Binance’s Bitcoin SV [BSV] delisting buoyed several exchanges to follow suit. The now 14th largest cryptocurrency in the market had a disastrous start to the week, with a slew of de-platforming announcements spelling a bearish wave.
A mere three hours after Binance’s announcement, Shapeshift’s CEO Erik Voorhees announced that BSV would be delisted from their services, followed by a Kraken pool hinting at delisting and pulling the trigger less than a day later. Since then, several cryptocurrency platforms have joined the delisting brigade.
The Hong Kong exchange Bitforex, took the cautionary Kraken approach, putting out a pool to gauge public sentiment before delisting the coin. Bitforex stated that if the majority voted in favor of delisting, the exchange would pull the trigger. After over 50,000 votes, over 55 percent of the respondents were in favor of the delisting, which now looks imminent.
Bitrue, the California-based exchange announced that it will also show the door to the Bitcoin Cash [BCH] hardfork, stating via a tweet:
“To preserve our integrity & community trust, we will delist $BCHSV before it causes trouble and destroys more confidence in the crypto space!
$BCHSV will be delisted within 24hrs. Withdrawals will be kept open @BitrueOfficial .”
The UK-based cryptocurrency trading platform Bittylicious announced on April 16 that Bitcoin SV will be off-loaded from their services as well. Besides the “low volumes” of the coin, the platform pegged the “toxic litigious environment” that its proponents created as the main reason for the delisting.
Other platforms to hint at a possible Bitcoin SV delisting from their services were bitcoinrewards.com and Cryptoradar.
The delisting dilemma has seen the price of Bitcoin SV plummet by over 20 percent after the Binance announcement. The coin fell two spots on the global coin ladder, allowing Monero [XMR] and Dash [DASH] to surge ahead.
On the bright side, if there is one, Satoshi’s Vision did foresee delisting on the horizon, particularly after CZ’s “Anymore of this sh!t, we delist,” tweet, and came up with a back-up. A “Bitcoin SV based exchange” named FloatSV was launched, in partnership with OKEx, based on an April 12 announcement, a day after the aforementioned CZ tweet.
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Source: AMB Crypto

Kraken shows the door to Bitcoin SV [BSV]; joins Binance and Shapeshift to delist coin

Kraken the American cryptocurrency exchange has officially tossed Bitcoin SV out of its platform. Following the likes of Binance and Shapeshift, the San Francisco exchange announced the delisting of BSV on April 17.
Kraken tweeted:
“The people have spoken. Kraken is delisting BitcoinSV”
As the Binance and Shapeshift decision collectively rocked the BSV market, Jesse Powell’s Kraken did not immediately join the delisting brigade. The exchange decided to gauge public opinion of a decision that could send shockwaves through the market.
On April 15, Kraken put out a pool, which saw over 65,000 respondents on the BSV-delisting issue. An overwhelming majority of over 72 percent backed the delisting option, stating that the coin is “toxic” to the community. Only a mere 7 percent did not want the coin to be delisted while the rest didn’t bother too much with the issue.
In a blog, Kraken also explained their motivation behind this move:
“Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for. It started with fraudulent claims, escalating to threats and legal action, with the BSV team suing a number of people speaking out against them.
This aggression will not stand. Alongside other upstanding members of the community, and in consultation with more than 70,000 Kraken users, we have decided to delist Bitcoin SV. Deposits will be disabled April 22. Trading will cease on all trading pairs April 29. Withdrawals will continue until May 31.”
Unlike Binance that jumped the gun, due to the prominent support for the delisting approach, Kraken took a more measured path. It should be noted that Changpeng Zhao, the CEO of Binance did float the possibility of a delisting days before the actual announcement. Several influencers backed delisting, not only from Binance but from a host of exchanges.
The delisting cry comes after the two spearheads of the project Craig Wright and Calvin Ayre have been launching legal notices to those who contest Wright’s claims of being Satoshi Nakamoto and call him a “fraud.” Peter McCormack and Hodlonaut are two prominent crypto-influencers that have been subjected to this legal charge from the BSV camp.
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Source: AMB Crypto

Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon
After crypto exchange Binance’s decision to delist Bitcoin SV (BSV), anonymous exchange ShapeShift has also decided to drop the cryptocurrency, with Kraken considering to follow suit.
Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Source: CoinSpeaker

OKEx Denies BSV Delisting While Major Exchanges Already Delisted – Here’s Why

While major exchanges already delisted BSV from their trading platforms, OKEx is one odd out in crypto space. The exchange recently announced that they have no intention to delist BSV because the ‘present controversial currency’ doesn’t meet OKEx’s delisting criteria.
OKEx is One Odd Out
The controversy around ‘Satoshi’s identity as Craig Wright’ led major exchanges to delist BSV from their trading platforms. As such, Binance CEO warns and took initiative to delist BSV, the suit is then followed by other exchanges including Shapeshift, and Kraken is all set to walk on the same footprints. However, the case for OKEx is quite different.
Source: Twitter
The exchange released a new blog post entitling ‘Regarding Bitcoin SV Listing’ and states as follows;
OKEx has conducted a rigorous review on BSV in terms of technology development, liquidity, and compliance reads Blog. According to the OKEx Token Delisting and Hiding Guideline, BSV currently does not meet our delisting criteria. As such, OKEx has no intention to delist BSV for the time being.
Is Upcoming BSV Based Exchange the Reason?
OKEx’s BSV support amidst increasing controversy is closely connected to exchange’s earlier announcement of launching ‘BSV centric exchange’. As Coingape reported, the exchange entered into the partnership with ‘Jack C. Liu’, a crypto-entrepreneur to launch a new exchange dedicated only to BSV cryptocurrency – as such it will be called as ‘Float SV exchange.
Although OKEx doesn’t connect Float SV with its support to BSV currency in its blog– rather, it mentioned the reason behind constant support is ‘token delisting criteria’. Nevertheless, according to OKEX, BSV is doesn’t fall under their delisting guidelines. You can check with OKEX’s token delisting guidelines here
Conclusively, the exchange notes that it respect the efforts of all dedicated team that enlighten technology underlying Bitcoin. Indeed, it meant with BSV team and reads that
As a neutral platform, OKEx respects the efforts of all dedicated teams in advancing the technology of Bitcoin and has no inclination to certain technical directions.
What’s your stake on OKEx’s support to controversial cryptocurrency? Do you think the exchange is bound by its former announcement of Float SV exchange (Based on BSV cryptocurrency)? Let us know in the comment below
Featured Image source – OKEx Twitter 
The post OKEx Denies BSV Delisting While Major Exchanges Already Delisted – Here’s Why appeared first on Coingape.
Source: CoinGape

Bitcoin SV [BSV] freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin

Termed as the “right thing” to do, Binance CEO Changpeng Zhao announced the delisting of Bitcoin SV [BSV] from their services, leading to a massive freefall for the once top-10 coin and a bearish trend for the collective market.
Following the tirade of BSV proponents Wright and Ayre handing out legal notices to those who opposing Wright’s claim of being Satoshi Nakamoto, the crypto-community lashed out at the BCH hard fork demanding their delisting.
CZ, on April 11, voiced his discontent with Holdanaut, a popular crypto-Twitter handle being served a legal notice by the BSV duo, stating “Anymore of this sh!t, we delist!” and joining the ‘Wright is not the creator of Bitcoin’ camp. Several crypto-proponents even appealed to other exchanges to follow suit.
Only four days since the initial “threat”, did Binance pull the trigger. With no stoppage to the relentless claims, Zhao announced via an April 15 tweet that the largest exchange in the world will delist Bitcoin SV. Satoshi’s Vision will officially be offloaded by Binance on April 222 at 1000 UTC.
According to the exchange’s website, a host of reasons could result in the coin being shown the door. The main reasons cited are a lack of commitment in the project, poor development activity, and communication, poor smart contract stability, fraudulent conduct, or unhealthy ecosystem.
Binance was not the only exchange to boot out Satoshi’s Vision, with Erik Voorhees’ Shapeshift also delisting BSV. The American cryptocurrency exchange Kraken has also hinted at a delisting via their Twitter page.
Source: Trading View
It comes as no surprise that a delisting by the biggest exchange in the world has resulted in a massive freefall in the BSV price, declining by a whopping 21.22 percent at press time. Following a rise to $95 at the beginning of the month, when BTC ascended above $5,000, the current price is 40 percent lower, trading at a dismal $57.12.
Bearish sentiments set in when the first delisting hint was dropped by CZ on April 11 which resulted in investors panicking and selling off the then twelfth largest coin in the market. The dump began at 0900 UTC on April 14, when the coin was trading over $70 and continued till the coin hit $55. The coin has since increased by $2, providing some respite to the BSV community.
Market cap has also seen a monumental tumble, with the coin dropping under $1 billion, down to a bottom of $966.67 million. This decline has resulted in the coin dropping by two spots on the coin ladder to 14th, allowing Monero [XMR] and Dash [DASH] to rise up.
OKEx takes the top spot in terms of BSV trade volume, accounting for 8.89 percent of the global trade via the trading pair BSV/USDT. Binance still holds a considerable share of the BSV volume, accounting for 7.73 percent and 5.89 percent via the trading pairs BCHSV/USDT and BCHSV/BTC, which will eventually cease on April 22.
The post Bitcoin SV [BSV] freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin appeared first on AMBCrypto.
Source: AMB Crypto

Shapeshift is being forced to implement KYC/AML policies, says Erik Voorhees

Erik Voorhees, the CEO of Shapeshift, spoke about whether or not privacy and KYC/AML rules could co-exist, in an interview on WhatBitcoinDid. He also spoke about decentralized exchanges being a solution for participating in the cryptocurrency space, without giving away personal details.
ShapeShift, one of the leading cryptocurrency exchanges across the globe, introduced mandatory Know-Your-Customer and Anti-Money Laundering policies last year, resulting in the exchange facing the community’s backlash. Further, the main reason for the majority of the community speaking up against this move was because users could avail the platform’s services without having an account, which was bought to an end by the policy.
On whether or not privacy and KYC/AML could co-exist, Voorhees said,
“No, I mean this is why it was such a devastating thing for us to do because I personally and as a company respect the right of individuals to have financial privacy forcing KYC on people violates that right? So, I don’t support that the fact that we are doing, it isn’t because we support that, it’s because we are essentially being forced to do that”
This was followed by Voorhees stating that several people failed to understand this, thinking that the exchange changed their principles because it changed the policy.
“We didn’t it is wrong and I believe it is morally wrong to require people to surrender their personal information I believed that years ago, five years ago and I believe it today”
Furthermore, he was asked whether a decentralized exchange was the only way to resist surveillance economics as suggested by Andreas Antonopoulos, the author of Mastering Bitcoin. To this, Voorhees stated that “any path a company goes down is not decentralized by definition.”
He further stated that there were several decentralized exchanges that have been imposing KYC, adding that “it is not as clean-cut, that a decentralized exchange can avoid these issues and a centralized exchange cannot.” Voorhees said,
“There’s a lot of nuance to it and depends a lot on the structure of the entity, on the risk tolerance of the individuals involved on the jurisdictions that are being considered it’s not an easy question”
The post Shapeshift is being forced to implement KYC/AML policies, says Erik Voorhees appeared first on AMBCrypto.
Source: AMB Crypto

US Agencies Top List of Law Enforcement Requests Sent to Crypto Exchanges

As the crypto industry grows, its increased use by both innocent cryptocurrency investors and malicious cyber criminals does as well. This has prompted government agencies and financial market regulators to take a deeper look at crypto transactions in order to track down potential criminal behavior in hopes of finding evidence that will lead to successful prosecution.
New data reveals that government agencies in the United States are taking the most interest in crypto, and the country is topping the list of law enforcement related requests being sent to cryptocurrency exchanges across the industry.
US Government Agencies Lead Law Enforcement Requests on ShapeShift
Switzerland-headquartered cryptocurrency exchange ShapeShift has followed the lead of other top cryptocurrency exchanges in offering its customer base and the onlooking public additional transparency into their operations.
In a blog post entitled “Pulling Back The Curtain,” the Erik Voorhees-led exchange revealed how the company complies with law enforcement requests from various countries and their respective government agencies from all over the globe.
Topping the list, is the United States, with 18 law enforcement related requests. The US total requests are over double that of Germany, which ranks second in requests with just 8 in total. Coming in third is the United Kingdom, which has just 33% of the request that the United States did.
Related Reading | Wall Street Journal: ShapeShift is Being Used By Criminals
In fact, just one U.S.-based government agency, the Federal Bureau of Investigation, matched the entire U.K. for total requests sent to ShapeShift. Other U.S. government agencies that ShapeShift was forced to comply with include the Commodity Futures Trading Commission, the Securities and Exchange Commission, the Department of Justice, and even the Department of Homeland Security.
ShapeShift explains that the requests vary in nature, but are primarily related to sending subpoenas requesting customer transaction data, transaction IDs, names, email addresses, IP addresses, and more. The blog posts reveals that ShapeShift often doesn’t know why the information is being requested, only that it is, and must keep any details it does have access to confidential.
ShapeShift had previously been known as “the exchange without accounts,” allowing customers to trade crypto assets on their platform without providing any personal details. However, that changed in October 2018 after increased pressure from regulators. Now, ShapeShfit is being forced to share that data with government agencies from all over the globe.
Kraken Crypto Compliance Report Shows Similar Stats, US Leads The Charge
The United States also topped the list in Kraken’s “2018 Transparency Report” with 315 total requests. The next closest was the United Kingdom with a mere 61 requests. The U.S. accounted for the majority of all 475 requests that Kraken received in total.
Another interesting trend was revealed by each report: Law enforcement related requests grew throughout the year, and spiked in Q4 2018.
Related Reading | Crypto and Bitcoin Ransom: A Growing Trend
The crypto space has earned itself the reputation for being a “wild west” type environment, riddled with crime. While there is some truth to this – with the ever-growing prominence of cryptocurrency exchange thefts, crypto-stealing malware, Bitcoin ransoms, and scams – these transparency and compliance reports do show that many cryptocurrency exchanges are doing their best to keep their platforms clean of any crime, and are working closely with law enforcement agencies on compliance.

Featured Image From Shutterstock

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Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

Bitcoin Price in a $300 range mode
ShapeShift bombarded with US DoJ subpoenas in Q4 2018
Transaction volumes dip, moving averages slide from 18k to 14k in four days

Participation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we retain a bullish outlook expecting breakouts above $3,800 as Bitcoin rally to $5,000.
Bitcoin Price Analysis
Fundamentals
The US is the world’s largest economy, and as one of the major players in crypto, their regulatory stand can influence asset performance. We can draw examples from their sanctions on Russia and Iran. Their economies suffered as a result of that ban. As a global phenomenon, crypto is designed to be censorship resistant, distributed and without a point of failure.
Unlike China, USA might be accommodative but complying with their rules is involving and expensive. It is for this reason that most exchanges prefer to set up operations in Europe and satellites countries like Mauritius or Gibraltar as their laws are lax on crypto.
Following the steps of Kraken, ShapeShift has released their recent compliance report. There, we can see that subpoenas more than doubled in Q4with the US DoJ being the most demanding. In total, they made 18 requisitions throughout 2018.

Pulling Back The Curtain: How ShapeShift Handles Law Enforcement Compliance: https://t.co/NefZV7xIY8
Thanks to @krakenfx for inspiring us to bring more transparency to the #cryptocurrency space. We encourage others to join in on this initiative. pic.twitter.com/RWIailvbF3
— ShapeShift.io (@ShapeShift_io) January 18, 2019

Candlestick Arrangements

From the charts, BTC prices are scant and confined within a tight trade range. Even so, we retain a bullish outlook on Bitcoin as long as our trade conditions are valid. Note that—and as per our previous emphasis—buyers have a chance once prices edge past Jan 14 highs of $3,800.
The $3,800 not only doubles up as a minor resistance level but as an essential Fibonacci retracement level based on Dec 2018 high low, a breakout above it preferably with above average trade volumes could lay the foundation for higher highs towards $4,500 triggering conservative long positions.
At the moment, none of our trade conditions are valid. Therefore, we shall retain a neutral outlook aware that losses below $3,700 main support could see prices tumble to $3,200 or lower.
Technical Indicators
Strong price movements can only be at the back of stellar participation. It’s clear that this is lacking and with averages of 14k—down from 18k when prices sank below $4,000 on June 10, any breakout above $3,800 or below $3,700 or Dec 28 should be at the back of above average volumes exceeding 35k or 20k on the lower limit.
The post Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10 appeared first on NewsBTC.
Source: New feedNewsBTC.com

CoinSwitch: Best Market Rates in a Single Place

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CoinSwitch: Best Market Rates in a Single Place

With a view to make the crypto space more user-friendly, CoinSwitch helps to convert 400+ currencies across 45,000 pairings within one service.

CoinSwitch: Best Market Rates in a Single Place

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Source: CoinSpeaker