Bitcoin Transaction Fee Significantly Increased
According to Coinmetrics data, the current fee for a Bitcoin transaction is 6.59$ USD.
Actual fee levels are the highest for almost 2 years. The last time when users have paid more (6.64 USD) was June 20, 2018.
According to Coinmetrics data, the current fee for a Bitcoin transaction is 6.59$ USD.
Actual fee levels are the highest for almost 2 years. The last time when users have paid more (6.64 USD) was June 20, 2018.
We Remind About Our Campaign With OKEx
Together with the OKEx exchange we launched an exclusive campaign with 💰 rewards up to $10.
How to get bonuses:
✅ To get 10 USDT - choose Buy Crypto (fiat trade with gateways), purchase over $100 worth of crypto;
Participation rules:
✔️ You must be registered on CryptoRank.io before the campaign and you must use the same email to sign up;
✔️ Bonus will be immediately deposited in the case of purchase over $100 worth of crypto.
Visit the campaign page, sign up, buy crypto and get your bonuses up to $10
👉 https://www.okex.com/promotion/wP41GU
Together with the OKEx exchange we launched an exclusive campaign with 💰 rewards up to $10.
How to get bonuses:
✅ To get 10 USDT - choose Buy Crypto (fiat trade with gateways), purchase over $100 worth of crypto;
Participation rules:
✔️ You must be registered on CryptoRank.io before the campaign and you must use the same email to sign up;
✔️ Bonus will be immediately deposited in the case of purchase over $100 worth of crypto.
Visit the campaign page, sign up, buy crypto and get your bonuses up to $10
👉 https://www.okex.com/promotion/wP41GU
📈Market Overview
The price of Bitcoin dropped to as low as $8,900 on May 21 following a strong rejection of the $9,800 level.
The confluence of heavy resistance in the $10,000 to $10,500 range and the lack of support in between $7,700 to $9,000 increases the probability of a BTC price drop to the $7,000 zone.
As of now, Bitcoin is trading at $9000.
Market capitalization: $261.91B (-4.28%)
The BTC dominance: 63.51% (-0,7%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
OmiseGO (OMG) +42,76%
LBRY Credits (LBC) +33,40%
Bytecoin (BCN) +31,80%
👉 Top Losers
Theta Token (THETA) -14,72%
PRIZM (PZM) -14,41%
Loki (Loki) -13,18%
BTC Futures
Aggregated Volume — $21.40B
Aggregated Open Interest — $2.50B
👉 Derivatives Market Analyticsne
The price of Bitcoin dropped to as low as $8,900 on May 21 following a strong rejection of the $9,800 level.
The confluence of heavy resistance in the $10,000 to $10,500 range and the lack of support in between $7,700 to $9,000 increases the probability of a BTC price drop to the $7,000 zone.
As of now, Bitcoin is trading at $9000.
Market capitalization: $261.91B (-4.28%)
The BTC dominance: 63.51% (-0,7%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
OmiseGO (OMG) +42,76%
LBRY Credits (LBC) +33,40%
Bytecoin (BCN) +31,80%
👉 Top Losers
Theta Token (THETA) -14,72%
PRIZM (PZM) -14,41%
Loki (Loki) -13,18%
BTC Futures
Aggregated Volume — $21.40B
Aggregated Open Interest — $2.50B
👉 Derivatives Market Analyticsne
The Latest Breaking News 📣
#1 Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries — link
#2 France's central bank, Societe Generale 'successfully' test blockchain-based digital euro — link
#3 Russia Considering Draconian Rules for Illegal Crypto Operations — link
#4 Iranian President Calls for National Crypto Mining Strategy — link
#5 Binance aims to create one of the world's largest blockchain-based travel agencies — link
👉https://cryptorank.io/news
#1 Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries — link
#2 France's central bank, Societe Generale 'successfully' test blockchain-based digital euro — link
#3 Russia Considering Draconian Rules for Illegal Crypto Operations — link
#4 Iranian President Calls for National Crypto Mining Strategy — link
#5 Binance aims to create one of the world's largest blockchain-based travel agencies — link
👉https://cryptorank.io/news
Celo [CGLD] is Now Live on Bittrex with USD, USDT and BTC Markets
ROI since IEO:
USD: x0,84 (-16%)
Market Cap: $25M
Cap Rank: 172
👉https://cryptorank.io/currencies/celo/price-chart
👉https://cryptorank.io/currencies/celo/ico
ROI since IEO:
USD: x0,84 (-16%)
Market Cap: $25M
Cap Rank: 172
👉https://cryptorank.io/currencies/celo/price-chart
👉https://cryptorank.io/currencies/celo/ico
Deribit Exchange Options Open Interest Hit New ATH of $1B📈
According to our data, on May 19, open interest in options listed on Deribit jumped to a record high of $1B.
101,000 options contracts were open, each option contract represents 1 Bitcoin.
Apparently, the growth in open interest is primarily being driven by options expiring next month.
More options data 👉 https://cryptorank.io/derivatives-analytics/options
According to our data, on May 19, open interest in options listed on Deribit jumped to a record high of $1B.
101,000 options contracts were open, each option contract represents 1 Bitcoin.
Apparently, the growth in open interest is primarily being driven by options expiring next month.
More options data 👉 https://cryptorank.io/derivatives-analytics/options
🔎Battle of Popular Google Searches in 2020
Despite the rise of Tesla's stocks, much anticipated Bitcoin halving, fast-growing TikTok and even Covid-19 media hysteria, information about Trump is the most popular Google search since the beginning of 2020.
For all time, Bitcoin firmly has held on to 3rd place only 2 times: March 12-17 (price crash on Black Thursday) and May 11 (Halving).
Despite the rise of Tesla's stocks, much anticipated Bitcoin halving, fast-growing TikTok and even Covid-19 media hysteria, information about Trump is the most popular Google search since the beginning of 2020.
For all time, Bitcoin firmly has held on to 3rd place only 2 times: March 12-17 (price crash on Black Thursday) and May 11 (Halving).
📈Market Overview
Just a week ago, Bitcoin was trading around $10,000. But after rumors spread about Satoshi Nakamoto selling his stash of BTC, the price has collapsed to $8,700.
The recent decline was initiated after there was a break below a key bullish trend line with support at $9,200 on the hourly chart. BTC even broke the last swing low near the $8,800 support.
As of now, Bitcoin is trading at $8780.
Market capitalization: $257.13B (-4,72%)
The BTC dominance: 62.79% (-0,8%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
QuarkChain (QKC) +101,20%
Theta Fuel (TFUEL) +57,60%
IoTeX (IOTX) +53,90%
👉 Top Losers
BHPCoin (BHPC) -23,20%
XinFin (XDCE) -17,60%
Enigma (ENG) -14,00%
BTC Futures
Aggregated Volume — $15.16B
Aggregated Open Interest — $2.66B
👉 Derivatives Market Analyticsne
Just a week ago, Bitcoin was trading around $10,000. But after rumors spread about Satoshi Nakamoto selling his stash of BTC, the price has collapsed to $8,700.
The recent decline was initiated after there was a break below a key bullish trend line with support at $9,200 on the hourly chart. BTC even broke the last swing low near the $8,800 support.
As of now, Bitcoin is trading at $8780.
Market capitalization: $257.13B (-4,72%)
The BTC dominance: 62.79% (-0,8%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
QuarkChain (QKC) +101,20%
Theta Fuel (TFUEL) +57,60%
IoTeX (IOTX) +53,90%
👉 Top Losers
BHPCoin (BHPC) -23,20%
XinFin (XDCE) -17,60%
Enigma (ENG) -14,00%
BTC Futures
Aggregated Volume — $15.16B
Aggregated Open Interest — $2.66B
👉 Derivatives Market Analyticsne
The Latest Breaking News 📣
#1 Africa Is Experiencing a Crypto Renaissance — link
#2 Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30 Million — link
#3 Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation — link
#4 Louisiana State Senate to Consider Crypto Business Licensing Bill — link
#5 Reddit cofounder Ohanian highlights 'crypto spring' for engineers, product developers — link
👉https://cryptorank.io/news
#1 Africa Is Experiencing a Crypto Renaissance — link
#2 Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30 Million — link
#3 Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation — link
#4 Louisiana State Senate to Consider Crypto Business Licensing Bill — link
#5 Reddit cofounder Ohanian highlights 'crypto spring' for engineers, product developers — link
👉https://cryptorank.io/news
10 Most Profitable Miners
According to The Block, the 10 most profitable bitcoin miners generate from $8.53 to $4.39 each daily.
5 out of 10 miners are MicroBT, which Whatsminer M30S++ ($8.53) and Whatsminer M30S+ ($7.40) take the 1st and the 3rd places.
Bitmain with its Antminer S19 Pro ($8.49) is in the 2nd place.
According to The Block, the 10 most profitable bitcoin miners generate from $8.53 to $4.39 each daily.
5 out of 10 miners are MicroBT, which Whatsminer M30S++ ($8.53) and Whatsminer M30S+ ($7.40) take the 1st and the 3rd places.
Bitmain with its Antminer S19 Pro ($8.49) is in the 2nd place.
Top-5 Gainers of the Week (May 18-24)
Here are the Top-5 coins that outperformed the market the most.
Theta Fuel showed the outstanding performance last week with a 507,2% gain. XinFin has shown 1.5x for the 7d period. IoTeX, QuarkChain, and Theta Token demonstrated about 100% gain.
Coins less than $10M cap and $1M 24h volume excluded.
Gainers of the week watchlist 👉 https://cryptorank.io/watchlist/24836b846a5a
Here are the Top-5 coins that outperformed the market the most.
Theta Fuel showed the outstanding performance last week with a 507,2% gain. XinFin has shown 1.5x for the 7d period. IoTeX, QuarkChain, and Theta Token demonstrated about 100% gain.
Coins less than $10M cap and $1M 24h volume excluded.
Gainers of the week watchlist 👉 https://cryptorank.io/watchlist/24836b846a5a
Altcoins Show Strength Against Bitcoin
Most coins are down over the past week, but relatively to Bitcoin large cap alts are showing strength.
LINK/BTC +10.90%
XTZ/BTC +10.61%
BNB/BTC +7.51%
EOS/BTC +4.85%
LTC/BTC +4.49%
ETH/BTC +4.48%
XRP/BTC +4.97%
BCH/BTC +1.82%
Apparently, altcoins are either lagging behind BTC, or traders with profits from BTC growth are looking for new opportunities.
Coins performance data 👉 https://cryptorank.io/performance
Most coins are down over the past week, but relatively to Bitcoin large cap alts are showing strength.
LINK/BTC +10.90%
XTZ/BTC +10.61%
BNB/BTC +7.51%
EOS/BTC +4.85%
LTC/BTC +4.49%
ETH/BTC +4.48%
XRP/BTC +4.97%
BCH/BTC +1.82%
Apparently, altcoins are either lagging behind BTC, or traders with profits from BTC growth are looking for new opportunities.
Coins performance data 👉 https://cryptorank.io/performance
📈Market Overview
Bitcoin touched the $8,900+ zone, but it struggled to clear the $9,000 resistance.
If the bulls fail to push the price back above the uptrend line (around $9100) within the next couple of days, it will suggest that the uptrend has ended. The next support on the downside is $8,130, which is just below the 50-day simple moving average.
Market capitalization: $259.96B (+0,93%)
The BTC dominance: 62.85% (+0,26%)
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
DREP (DREP) +66,54%
TrustVerse (TRV) +28,05%
Kava (Kava) +24,06%
👉 Top Losers
IoTeX (IOTX) -20,80%
Theta Fuel (TFUEL) -11,50%
Dimension (EON) -11,00%
BTC Futures
Aggregated Volume — $11.10B
Aggregated Open Interest — $2.62B
👉 Derivatives Market Analyticsne
Bitcoin touched the $8,900+ zone, but it struggled to clear the $9,000 resistance.
If the bulls fail to push the price back above the uptrend line (around $9100) within the next couple of days, it will suggest that the uptrend has ended. The next support on the downside is $8,130, which is just below the 50-day simple moving average.
Market capitalization: $259.96B (+0,93%)
The BTC dominance: 62.85% (+0,26%)
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
DREP (DREP) +66,54%
TrustVerse (TRV) +28,05%
Kava (Kava) +24,06%
👉 Top Losers
IoTeX (IOTX) -20,80%
Theta Fuel (TFUEL) -11,50%
Dimension (EON) -11,00%
BTC Futures
Aggregated Volume — $11.10B
Aggregated Open Interest — $2.62B
👉 Derivatives Market Analyticsne
The Latest Breaking News 📣
#1 Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own — link
#2 Telegram Quits Court Fight With SEC Over TON Blockchain Project — link
#3 EU data experts working on a blockchain-based coronavirus passport — link
#4 Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley — link
👉https://cryptorank.io/news
#1 Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own — link
#2 Telegram Quits Court Fight With SEC Over TON Blockchain Project — link
#3 EU data experts working on a blockchain-based coronavirus passport — link
#4 Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley — link
👉https://cryptorank.io/news
Miners most likely behind the recent sell-off
According to ByteTree data, during the past week, 5 weeks and 12 weeks, miners have sold more Bitcoins than they have generated.
1 week -693 BTC ($6.16M*).
5 weeks -1275 BTC ($11.34M).
12 weeks -3828 BTC ($34.06M).
After comparing amount of BTC sold for 5 weeks and for the last week, it becomes clear that past 7 days were the most extreme in terms of miners sell pressure.
* USD equivalent of sold Bitcoins was calculated at the current price 8900$.
According to ByteTree data, during the past week, 5 weeks and 12 weeks, miners have sold more Bitcoins than they have generated.
1 week -693 BTC ($6.16M*).
5 weeks -1275 BTC ($11.34M).
12 weeks -3828 BTC ($34.06M).
After comparing amount of BTC sold for 5 weeks and for the last week, it becomes clear that past 7 days were the most extreme in terms of miners sell pressure.
* USD equivalent of sold Bitcoins was calculated at the current price 8900$.
Significant Progress of Phemex in Trading Perpetual Contracts
The Phemex exchange, a Singapore-domiciled company, launched multiple perpetual contracts in November 2019.
As of today, 24h contracts volume is quite convincing.
BTC/USD - $206M.
ETH/USD - $3.51M.
LINK/USD - $1.67M.
LTC/USD - $1.65M.
XRP/USD - $1.62M.
XTZ/USD - $0.98M.
🎇 Besides that, Phemex offers some UNIQUE features:
1️⃣ Non-crypto GOLD/USD contract with up to 100x leverage and with already $1.85M 24h volume;
2️⃣ Other non-crypto pairs such as S&P 500 stocks, stock indexes, interest rates, FOREX, commodities, energy, and metals are coming;
3️⃣ One of the lowest fee rates on trading perpetual contracts (-0.025% for maker orders and 0.0075 for taker orders);
4️⃣ Premium Membership Spot Trading with 0 trading fees;
5️⃣ High performance on the level of 300,000 transactions per second.
👉 Bitcoin Futures and Perpetual Swap Analytics
The Phemex exchange, a Singapore-domiciled company, launched multiple perpetual contracts in November 2019.
As of today, 24h contracts volume is quite convincing.
BTC/USD - $206M.
ETH/USD - $3.51M.
LINK/USD - $1.67M.
LTC/USD - $1.65M.
XRP/USD - $1.62M.
XTZ/USD - $0.98M.
🎇 Besides that, Phemex offers some UNIQUE features:
1️⃣ Non-crypto GOLD/USD contract with up to 100x leverage and with already $1.85M 24h volume;
2️⃣ Other non-crypto pairs such as S&P 500 stocks, stock indexes, interest rates, FOREX, commodities, energy, and metals are coming;
3️⃣ One of the lowest fee rates on trading perpetual contracts (-0.025% for maker orders and 0.0075 for taker orders);
4️⃣ Premium Membership Spot Trading with 0 trading fees;
5️⃣ High performance on the level of 300,000 transactions per second.
👉 Bitcoin Futures and Perpetual Swap Analytics
Web3 Foundation today launched the initial version of Polkadot, a sharded protocol that allows decentralized blockchain networks to operate together — link
📈Market Overview
Bitcoin is trading at $8800.
In the event that Bitcoin drops below $8,700, the volume profile visible range shows $8,550 as the last level of support before the drop to the $7,700-$7,450 range.
BTC could only avoid losses if it gains bullish momentum above $9,100.
Market capitalization: $258.46B (-1,00%)
The BTC dominance: 62.61% (-0,34%)
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Xensor (XSR) +216,20%
BORA (BORA) +43,74%
TrustVerse (TRV) +36,50%
👉 Top Losers
Theta Fuel (TFUEL) -17,60%
PRIZM (PZM) -10,40%
Crypterium (CRPT) -9,10%
BTC Futures
Aggregated Volume — $10.34B
Aggregated Open Interest — $2.64B
👉 Derivatives Market Analytics
Bitcoin is trading at $8800.
In the event that Bitcoin drops below $8,700, the volume profile visible range shows $8,550 as the last level of support before the drop to the $7,700-$7,450 range.
BTC could only avoid losses if it gains bullish momentum above $9,100.
Market capitalization: $258.46B (-1,00%)
The BTC dominance: 62.61% (-0,34%)
Fear & Gread Index: 39 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Xensor (XSR) +216,20%
BORA (BORA) +43,74%
TrustVerse (TRV) +36,50%
👉 Top Losers
Theta Fuel (TFUEL) -17,60%
PRIZM (PZM) -10,40%
Crypterium (CRPT) -9,10%
BTC Futures
Aggregated Volume — $10.34B
Aggregated Open Interest — $2.64B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 India central bank gives green light for crypto firm bank accounts — link
#2 China's central bank governor says there is no timetable for digital currency launch — link
#3 Facebook’s Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp — link
#4 WeChat Invests $70 Billion in Fintech, Including Blockchain and AI — link
#5 More than 1000 Corporate Systems Infected With Monero Mining Malware — link
👉https://cryptorank.io/news
#1 India central bank gives green light for crypto firm bank accounts — link
#2 China's central bank governor says there is no timetable for digital currency launch — link
#3 Facebook’s Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp — link
#4 WeChat Invests $70 Billion in Fintech, Including Blockchain and AI — link
#5 More than 1000 Corporate Systems Infected With Monero Mining Malware — link
👉https://cryptorank.io/news
Coinbase to acquire leading institutional crypto brokerage Tagomi — link
Tagomi is the crypto prime brokerage platform, serving many advanced traders, hedge funds, and family offices, including well-known names such as Paradigm, Pantera, Bitwise, Muticoin.
Tagomi is the crypto prime brokerage platform, serving many advanced traders, hedge funds, and family offices, including well-known names such as Paradigm, Pantera, Bitwise, Muticoin.