This article provides an update (as of 12:00 UTC on 16 February 2021) on the current state of the Bitcoin markets, as well on the latest thinking on Bitcoin by influential crypto analysts, investors, traders, and other thought leaders. According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $46,100 and $49,015. […]

ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would enable Cosmos-based chains to connect using the first standardized protocol for inter-blockchain communication. With that said, chains will securely and […]

Markets fell in Asia on Friday on occasion of diminished exchange with financial backers anticipating improvements in US upgrade talks, while bitcoin hit another record as it crawled towards $50,000.  Oil costs additionally withdrew from their 13-month highs after financial backers were given a rude awakening on assumptions for request this year, in spite of assumptions the worldwide economy will [...]

The post Bitcoin Price Nearing the $50,000 Mark In Asia, Other Markets Not So Good appeared first on Coin News Asia.

Quick Take

• January 2021 is setting itself up to be a record-breaking month for bitcoin and cryptocurrency market activity
• Despite centralized and decentralized exchange volumes hitting all-time-highs this month, volumes on peer-to-peer (P2P) exchanges are still lacking
• The Block Research analyzes the P2P bitcoin markets

Quick Take

• Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online.
• Data suggests this is actually happening — but prominent crypto traders aren’t exactly sure what’s driving it.