📈Market Overview
Bitcoin halving went smoothly as expected.
However, the price action remained largely unchanged with BTC stabilizing between $8,500 support and $8,700 resistance.
Market capitalization: $250.88B
The BTC dominance: 64.03%
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Propy (PRO) +51,4%
ReddCoin (RDD) + 37,6%
Harmony (ONE) + 25,3%
👉 Top Losers
Tierion (TNT) - 38,1%
Kusama (KSM) - 14,6%
BORA (BORA) - 11,5%
BTC Futures
Aggregated Volume — $35.51B
Aggregated Open Interest — $2.27B
👉 Derivatives Market Analytics
Bitcoin halving went smoothly as expected.
However, the price action remained largely unchanged with BTC stabilizing between $8,500 support and $8,700 resistance.
Market capitalization: $250.88B
The BTC dominance: 64.03%
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Propy (PRO) +51,4%
ReddCoin (RDD) + 37,6%
Harmony (ONE) + 25,3%
👉 Top Losers
Tierion (TNT) - 38,1%
Kusama (KSM) - 14,6%
BORA (BORA) - 11,5%
BTC Futures
Aggregated Volume — $35.51B
Aggregated Open Interest — $2.27B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 It Happened: Bitcoin Just Experienced Third Halving in Its History — link
#2 US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms — link
#3 ‘Game-Changer’ Retail Digital Currency Now European Central Bank’s Focus, Board Member Says — link
#4 YouTube Cancels Cointelegraph's BTC Halving Livestream for Being 'Harmful Content' — link
#5 Vitalik Buterin Says Much-Delayed Ethereum 2.0 Still on Track for July Launch — link
#6 ErisX announces launch of physically settled ETH futures — link
#7 Chainlink Introduces Trusted Decentralized Randomness Into The Crypto Ecosystem — link
#8 Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum — link
👉https://cryptorank.io/news
#1 It Happened: Bitcoin Just Experienced Third Halving in Its History — link
#2 US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms — link
#3 ‘Game-Changer’ Retail Digital Currency Now European Central Bank’s Focus, Board Member Says — link
#4 YouTube Cancels Cointelegraph's BTC Halving Livestream for Being 'Harmful Content' — link
#5 Vitalik Buterin Says Much-Delayed Ethereum 2.0 Still on Track for July Launch — link
#6 ErisX announces launch of physically settled ETH futures — link
#7 Chainlink Introduces Trusted Decentralized Randomness Into The Crypto Ecosystem — link
#8 Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum — link
👉https://cryptorank.io/news
Q2 Looks Promising For ETH Investors
After the previous two complex years, -82% in 2018 and -4% in 2019, current 2020 return +45.4% looks still positive despite recent correction.
Historically, the second quarter is very profitable for ETH.
There were no 2nd quarters with the negative ETH returns before.
👉 https://cryptorank.io/currencies/ethereum/price-chart
After the previous two complex years, -82% in 2018 and -4% in 2019, current 2020 return +45.4% looks still positive despite recent correction.
Historically, the second quarter is very profitable for ETH.
There were no 2nd quarters with the negative ETH returns before.
👉 https://cryptorank.io/currencies/ethereum/price-chart
Telegram Abandons TON Blockchain Project After Court Fight With SEC — link
📈Market Overview
Bitcoin is now trading at $8900. This price level is above 10-day and 50-day moving averages, a bullish technical indicator (on 1h chart). Of course, in order to gain real strength the bulls need to clear the $9,100 hurdle.
Market capitalization: $253.53B
The BTC dominance: 64.54%
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Propy (PRO) +58,3%
LBRY Credits (LBC) +32,0%
Aragon (ANT) + 29,4%
👉 Top Losers
Crypterium (CRPT) -30,6%
Harmony (ONE) -23,2%
Tierion (TNT) -16,5%
BTC Futures
Aggregated Volume — $15.05B
Aggregated Open Interest — $2.36B
👉 Derivatives Market Analytics
Bitcoin is now trading at $8900. This price level is above 10-day and 50-day moving averages, a bullish technical indicator (on 1h chart). Of course, in order to gain real strength the bulls need to clear the $9,100 hurdle.
Market capitalization: $253.53B
The BTC dominance: 64.54%
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Propy (PRO) +58,3%
LBRY Credits (LBC) +32,0%
Aragon (ANT) + 29,4%
👉 Top Losers
Crypterium (CRPT) -30,6%
Harmony (ONE) -23,2%
Tierion (TNT) -16,5%
BTC Futures
Aggregated Volume — $15.05B
Aggregated Open Interest — $2.36B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin — link
#2 JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers — link
#3 Mauritius Central Banker Confirms Island’s Digital Currency Plans — link
#4 1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network — link
#5 Research has Found the Vast Majority of Transactions on EOS, Tezos and XRP Do Not Transfer any Value — link
#6 Vitalik Buterin Clarifies Remarks on Expected Launch Date of Eth 2.0 — link
#7 Plaintiffs claim they are owed $540 million in amended BitMEX investor lawsuit — link
#8 17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says — link
#9 IBM Blockchain to Offer Decentralized Smart Contract Option — link
👉https://cryptorank.io/news
#1 Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin — link
#2 JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers — link
#3 Mauritius Central Banker Confirms Island’s Digital Currency Plans — link
#4 1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network — link
#5 Research has Found the Vast Majority of Transactions on EOS, Tezos and XRP Do Not Transfer any Value — link
#6 Vitalik Buterin Clarifies Remarks on Expected Launch Date of Eth 2.0 — link
#7 Plaintiffs claim they are owed $540 million in amended BitMEX investor lawsuit — link
#8 17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says — link
#9 IBM Blockchain to Offer Decentralized Smart Contract Option — link
👉https://cryptorank.io/news
Ask Me Anything Session With Phemex Exchange📣
Phemex is one of the fast-growing cryptocurrency derivative exchanges, which is founded by eight ex-Morgan Stanley executives.
Phemex currently offers Bitcoin, Ethereum, XRP, Litecoin, Tezos, Chainlink, and GOLD/USD perpetual contracts. In 2020, Phemex will begin to support traditional financial products such as S&P 500 stocks, stock indexes, interest rates, FOREX, commodities, metals, energy, and more.
This AMA will allow you to connect with Phemex's CEO, Jack Tao, who will answer your questions and listen to your feedback.
🏆 Five participants will be chosen between whom a total of 100 USDT will be distributed. To collect the reward, the participants need to register on the Phemex Exchange, subscribe to Telegram (@Phemex_EN) and Twitter.
--------------------------------------------------------------
🕐 AMA Countdown 🕐
The AMA will take place in our Chat Room: https://yangx.top/CryptoRankEn
Phemex is one of the fast-growing cryptocurrency derivative exchanges, which is founded by eight ex-Morgan Stanley executives.
Phemex currently offers Bitcoin, Ethereum, XRP, Litecoin, Tezos, Chainlink, and GOLD/USD perpetual contracts. In 2020, Phemex will begin to support traditional financial products such as S&P 500 stocks, stock indexes, interest rates, FOREX, commodities, metals, energy, and more.
This AMA will allow you to connect with Phemex's CEO, Jack Tao, who will answer your questions and listen to your feedback.
🏆 Five participants will be chosen between whom a total of 100 USDT will be distributed. To collect the reward, the participants need to register on the Phemex Exchange, subscribe to Telegram (@Phemex_EN) and Twitter.
--------------------------------------------------------------
🕐 AMA Countdown 🕐
The AMA will take place in our Chat Room: https://yangx.top/CryptoRankEn
Stablecoins Show 30D Outflow From Exchange Balances
Despite the value of all stablecoins surpassed $10 billion the last 30 days are marked with their outflow from exchanges.
So, exchange balances went down in USDT (-17.1%), BUSD (-3.7%) and TUSD (-2.7%).
In absolute figures this outflow looks more persuasively: -$323.79М in USDT and -$5.76M in BUSD, -$1.30M in TUSD.
Data source: Viewbase
Despite the value of all stablecoins surpassed $10 billion the last 30 days are marked with their outflow from exchanges.
So, exchange balances went down in USDT (-17.1%), BUSD (-3.7%) and TUSD (-2.7%).
In absolute figures this outflow looks more persuasively: -$323.79М in USDT and -$5.76M in BUSD, -$1.30M in TUSD.
Data source: Viewbase
Bitcoin's hash rate appears to drop 16% after miner revenue declines by 44% — link
Daily Futures Volume Firmly Holds The Lead
According to CryptoRank Data, 24 hours futures volume takes over the spot adjusted volume in about 3 times.
While spot volume is responsible for only 27% of the trading volume, futures volume makes up 73%.
The situation with Bitcoin volume is even more indicative: 20% (on the spot market) VS 80% (on the futures market).
We expect that derivatives have more rooms to grow, and the futures trading volume will exceed the spot 10 times or more in the near future.
👉 https://cryptorank.io/derivatives-analytics
According to CryptoRank Data, 24 hours futures volume takes over the spot adjusted volume in about 3 times.
While spot volume is responsible for only 27% of the trading volume, futures volume makes up 73%.
The situation with Bitcoin volume is even more indicative: 20% (on the spot market) VS 80% (on the futures market).
We expect that derivatives have more rooms to grow, and the futures trading volume will exceed the spot 10 times or more in the near future.
👉 https://cryptorank.io/derivatives-analytics
📈Market Overview
Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level.
Surging trading volume and a push above a key resistance hint that Bitcoin is back in route to $10,000.
As of now, Bitcoin is trading at $9,440, marking a notable climb from daily open of $9,285.
Market capitalization: $269.10B
The BTC dominance: 64.65%
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Metaverse Dualchain Network Architecture (DNA) +125,1%
Enigma (ENG) +33,5%
Aidos Kuneen (ADK) +27,88%
👉 Top Losers
Tierion (TNT) -18,20%
QURAS (XQC) -15,29%
ABBC Coin (ABBC) -9,34%
BTC Futures
Aggregated Volume — $16.37B
Aggregated Open Interest — $2.55B
👉 Derivatives Market Analytics
Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level.
Surging trading volume and a push above a key resistance hint that Bitcoin is back in route to $10,000.
As of now, Bitcoin is trading at $9,440, marking a notable climb from daily open of $9,285.
Market capitalization: $269.10B
The BTC dominance: 64.65%
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Metaverse Dualchain Network Architecture (DNA) +125,1%
Enigma (ENG) +33,5%
Aidos Kuneen (ADK) +27,88%
👉 Top Losers
Tierion (TNT) -18,20%
QURAS (XQC) -15,29%
ABBC Coin (ABBC) -9,34%
BTC Futures
Aggregated Volume — $16.37B
Aggregated Open Interest — $2.55B
👉 Derivatives Market Analytics
Bitcoin once again got rejected at the critical $10,000.
BTC plunged $500 within the span of 20 minutes, falling from ~$9,750 to $9,200 in that short period of time. It was an 8% reversal from the ~$10,000 highs of the Thursday trading session.
As of now, Bitcoin is trading at $9,540.
Market capitalization: $270.91B
The BTC dominance: 64.73%
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Apollo (APL) +136,23%
Fusion (FSN) +93,32%
OmiseGO (OMG) +35,12%
👉 Top Losers
QURAS (XQC) -24,30%
Metaverse (DNA) -23,89%
Aragon (ANT) -16,58%
BTC Futures
Aggregated Volume — $30.87B
Aggregated Open Interest — $2.43B
👉 Derivatives Market Analytics
BTC plunged $500 within the span of 20 minutes, falling from ~$9,750 to $9,200 in that short period of time. It was an 8% reversal from the ~$10,000 highs of the Thursday trading session.
As of now, Bitcoin is trading at $9,540.
Market capitalization: $270.91B
The BTC dominance: 64.73%
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Apollo (APL) +136,23%
Fusion (FSN) +93,32%
OmiseGO (OMG) +35,12%
👉 Top Losers
QURAS (XQC) -24,30%
Metaverse (DNA) -23,89%
Aragon (ANT) -16,58%
BTC Futures
Aggregated Volume — $30.87B
Aggregated Open Interest — $2.43B
👉 Derivatives Market Analytics
Stablecoin Boom Signals Bullish Sentiment for Bitcoin
The value of assets for all stable coins surpassed an impressive $10 Billion, having surged by over 70% in just two months.
Interesting coincidence, but this record printing of stable coins occurred amid halving event in Bitcoin.
The supply of Bitcoin was cut in half; at the same time, billions of dollars in stable coins are on hands. Put two and two together, and you get a growth of the price eventually.
The value of assets for all stable coins surpassed an impressive $10 Billion, having surged by over 70% in just two months.
Interesting coincidence, but this record printing of stable coins occurred amid halving event in Bitcoin.
The supply of Bitcoin was cut in half; at the same time, billions of dollars in stable coins are on hands. Put two and two together, and you get a growth of the price eventually.
DEXs with the Biggest 30D Trading Volume
Bloxy data shows that dYdX ($252M) leads with its leveraged trading, borrow/lend capabilities, and a recently launched BTC perpetual contracts market.
Uniswap is the second exchange ($234M) with its Automated Market Maker model that provides liquidity advantages.
Kyber Network, launched in 2017, takes the 3rd place with $88M.
Fair to notice, that DEX volume is still tiny in aggregate compared to centralized exchanges.
Bloxy data shows that dYdX ($252M) leads with its leveraged trading, borrow/lend capabilities, and a recently launched BTC perpetual contracts market.
Uniswap is the second exchange ($234M) with its Automated Market Maker model that provides liquidity advantages.
Kyber Network, launched in 2017, takes the 3rd place with $88M.
Fair to notice, that DEX volume is still tiny in aggregate compared to centralized exchanges.
📈Market Overview
Bitcoin once again got rejected at the critical $10,000.
BTC plunged $500 within the span of 20 minutes, falling from ~$9,750 to $9,200 in that short period of time. It was an 8% reversal from the ~$10,000 highs of the Thursday trading session.
As of now, Bitcoin is trading at $9,540.
Market capitalization: $270.91B
The BTC dominance: 64.73%
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Apollo (APL) +136,23%
Fusion (FSN) +93,32%
OmiseGO (OMG) +35,12%
👉 Top Losers
QURAS (XQC) -24,30%
Metaverse Dualchain Network Architecture (DNA) -23,89%
Aragon (ANT) -16,58%
BTC Futures
Aggregated Volume — $30.87B
Aggregated Open Interest — $2.43B
👉 Derivatives Market Analytics
Bitcoin once again got rejected at the critical $10,000.
BTC plunged $500 within the span of 20 minutes, falling from ~$9,750 to $9,200 in that short period of time. It was an 8% reversal from the ~$10,000 highs of the Thursday trading session.
As of now, Bitcoin is trading at $9,540.
Market capitalization: $270.91B
The BTC dominance: 64.73%
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Apollo (APL) +136,23%
Fusion (FSN) +93,32%
OmiseGO (OMG) +35,12%
👉 Top Losers
QURAS (XQC) -24,30%
Metaverse Dualchain Network Architecture (DNA) -23,89%
Aragon (ANT) -16,58%
BTC Futures
Aggregated Volume — $30.87B
Aggregated Open Interest — $2.43B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Visa Files Patent Application for Digital Currency — link
#2 Libra Association adds 3 new members, including Singapore investing giant Temasek and crypto VC Paradigm — link
#3 Pantera Capital Founder Says Regulators ‘Triggered’ by Grams and Libra — link
#4 Upbit Hack’s $50M Funds Continue Moving After Hitting Binance — link
#5 Investors in Telegram’s TON project are in discussion to sue the company — link
👉https://cryptorank.io/news
#1 Visa Files Patent Application for Digital Currency — link
#2 Libra Association adds 3 new members, including Singapore investing giant Temasek and crypto VC Paradigm — link
#3 Pantera Capital Founder Says Regulators ‘Triggered’ by Grams and Libra — link
#4 Upbit Hack’s $50M Funds Continue Moving After Hitting Binance — link
#5 Investors in Telegram’s TON project are in discussion to sue the company — link
👉https://cryptorank.io/news
Today We Host AMA With Phemex Exchange📣
Phemex is one of the fast-growing cryptocurrency derivative exchanges, which is founded by eight ex-Morgan Stanley executives. Phemex offers Bitcoin and altcoins perpetual swaps trading.
This AMA will allow you to connect with Phemex's CEO, Jack Tao, who will answer your questions and listen to your feedback.
🏆 Five participants will be chosen between whom a total of 100 USDT will be distributed. To collect the reward, the participants need to register on the Phemex Exchange, subscribe to Telegram (@Phemex_EN) and Twitter.
--------------------------------------------------------------
🕐 AMA Countdown 🕐
The AMA will take place in our Chat Room: https://yangx.top/CryptoRankEn
Phemex is one of the fast-growing cryptocurrency derivative exchanges, which is founded by eight ex-Morgan Stanley executives. Phemex offers Bitcoin and altcoins perpetual swaps trading.
This AMA will allow you to connect with Phemex's CEO, Jack Tao, who will answer your questions and listen to your feedback.
🏆 Five participants will be chosen between whom a total of 100 USDT will be distributed. To collect the reward, the participants need to register on the Phemex Exchange, subscribe to Telegram (@Phemex_EN) and Twitter.
--------------------------------------------------------------
🕐 AMA Countdown 🕐
The AMA will take place in our Chat Room: https://yangx.top/CryptoRankEn
BitMax Launched Two Promotional Events For RiveX (RVX)
The exchange started two 7-day campaigns for RiveX (RVX) from May 14th to May 21st.
1. Trade RVX to Earn Airdrop Rewards Worth 25 USDT
👉 A total of 150 users who reach a Total Trading Volume (Buy + Sell) ≥ 10,000 RVX will be selected randomly. Each will receive 300 RVX (worth 25 USDT).
2. RVX BitTreasure
👉 Subscribe to RVX BitTreasure and take a 36% Est. Annualized Return for 30 days or 48% Est. APR for 90 days.
Details: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360048484933
The exchange started two 7-day campaigns for RiveX (RVX) from May 14th to May 21st.
1. Trade RVX to Earn Airdrop Rewards Worth 25 USDT
👉 A total of 150 users who reach a Total Trading Volume (Buy + Sell) ≥ 10,000 RVX will be selected randomly. Each will receive 300 RVX (worth 25 USDT).
2. RVX BitTreasure
👉 Subscribe to RVX BitTreasure and take a 36% Est. Annualized Return for 30 days or 48% Est. APR for 90 days.
Details: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360048484933
Spot Trading With Zero Fees By Phemex
Phemex, one of the fast-growing cryptocurrency derivative exchanges, launched its own Premium Membership Spot Trading.
🎇 Key Premium Membership Features:
1️⃣ Users are subjected to 0 trading fees;
2️⃣ All current and new users receive a 7-day free trial period;
3️⃣ Full Premium users can gift a 30-day Premium trial to anyone they wish;
4️⃣ Full Premium Membership rates range from 9.99$/Month, 19.99$/3 Months, or 69.99$/Year.
Details: 👉 https://phemex.com/references/articles/the-era-of-zero-is-coming
Phemex, one of the fast-growing cryptocurrency derivative exchanges, launched its own Premium Membership Spot Trading.
🎇 Key Premium Membership Features:
1️⃣ Users are subjected to 0 trading fees;
2️⃣ All current and new users receive a 7-day free trial period;
3️⃣ Full Premium users can gift a 30-day Premium trial to anyone they wish;
4️⃣ Full Premium Membership rates range from 9.99$/Month, 19.99$/3 Months, or 69.99$/Year.
Details: 👉 https://phemex.com/references/articles/the-era-of-zero-is-coming
