Bitcoin Closed Second Quarter With +42% Price Gain 📣
Quarter two of 2020, marked with the landmark event for Bitcoin - third halving, ended with + 42% return.
As we mentioned before, Q2 is historically the best three months for BTC: since 2013, just one Q2 has delivered a negative return.
You can see a new report on CryptoRank - Bitcoin Quarterly Returns
👉 https://cryptorank.io/currencies/bitcoin/price-chart
Quarter two of 2020, marked with the landmark event for Bitcoin - third halving, ended with + 42% return.
As we mentioned before, Q2 is historically the best three months for BTC: since 2013, just one Q2 has delivered a negative return.
You can see a new report on CryptoRank - Bitcoin Quarterly Returns
👉 https://cryptorank.io/currencies/bitcoin/price-chart
Second Round of “Trading Regatta” Competition is Live on BitMax
CryptoRank kindly reminds traders that till July 19th they can take part in "BitMax’s Trading Regatta" competition.
✔️9 winners will be selected to sign with the platform as Exclusive Pro Traders:
📈Special privileges worth of 1,000,000 USDT;
📈100% trading commissions from referrals.
‼️The competition event is comprised of 4 rounds. Round 2️⃣ has started!
✔️Those who didn't participate in Round One can directly participate in Round Two and compete for Round Three.
Read the instructions 👉 https://bit.ly/31BQYAV
Fill out a form 👉 https://forms.gle/Co1Mg5b342wcSrwb6
Register by our ref 👉 link
CryptoRank kindly reminds traders that till July 19th they can take part in "BitMax’s Trading Regatta" competition.
✔️9 winners will be selected to sign with the platform as Exclusive Pro Traders:
📈Special privileges worth of 1,000,000 USDT;
📈100% trading commissions from referrals.
‼️The competition event is comprised of 4 rounds. Round 2️⃣ has started!
✔️Those who didn't participate in Round One can directly participate in Round Two and compete for Round Three.
Read the instructions 👉 https://bit.ly/31BQYAV
Fill out a form 👉 https://forms.gle/Co1Mg5b342wcSrwb6
Register by our ref 👉 link
📈Market Overview
After settling above the $9,000 level, Bitcoin started a slow and steady rise.
BTC surpassed the $9,200 resistance level and it is now trading well above the 100 hourly simple moving average. A high is formed near $9,301 and the price is currently correcting lower.
On the downside, there are many decent supports forming near $9,180 and $9,160.
Market capitalization: $273.15B (+1.13%)
The BTC dominance: 62.02% (-0.45%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Pundi X (NPXS) +37.16%
Swipe (SXP) +31.05%
Synthetix (SNX) +22.66%
👉 Top Losers
PlayFuel (PLF) -26.82%
WeShow Token (WET) -17.78%
Ark (ARK) -12.89%
BTC Futures
Aggregated Volume — $7.49B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
After settling above the $9,000 level, Bitcoin started a slow and steady rise.
BTC surpassed the $9,200 resistance level and it is now trading well above the 100 hourly simple moving average. A high is formed near $9,301 and the price is currently correcting lower.
On the downside, there are many decent supports forming near $9,180 and $9,160.
Market capitalization: $273.15B (+1.13%)
The BTC dominance: 62.02% (-0.45%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Pundi X (NPXS) +37.16%
Swipe (SXP) +31.05%
Synthetix (SNX) +22.66%
👉 Top Losers
PlayFuel (PLF) -26.82%
WeShow Token (WET) -17.78%
Ark (ARK) -12.89%
BTC Futures
Aggregated Volume — $7.49B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending — link
#2 U.S. Senators Explore What a Digital Dollar Would Look Like in Practice — link
#3 Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi — link
#4 Brazil Eases WhatsApp Ban — But It’s Still Suspended — link
#5 Bitcoin Investments are Now Doubling Among Boomers, Gen X — link
#6 Report: Japanese Blockchain Sector Grows Over 30% Since 2019 — link
#7 Bitcoin Exchange LocalBitcoins Revenues up, Despite Losing Ground to Paxful — link
#8 Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close — link
👉https://cryptorank.io/news
#1 Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending — link
#2 U.S. Senators Explore What a Digital Dollar Would Look Like in Practice — link
#3 Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi — link
#4 Brazil Eases WhatsApp Ban — But It’s Still Suspended — link
#5 Bitcoin Investments are Now Doubling Among Boomers, Gen X — link
#6 Report: Japanese Blockchain Sector Grows Over 30% Since 2019 — link
#7 Bitcoin Exchange LocalBitcoins Revenues up, Despite Losing Ground to Paxful — link
#8 Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close — link
👉https://cryptorank.io/news
Huobi Futures Quarterly Round-up: 2020 Q2
☑️ As of today, Huobi Futures offers 49 futures and perpetual swaps contracts on its platform, the most among the major exchanges.
Huobi Futures currently houses half of the top 10 most liquid altcoin contracts, many of which are also the most traded pairs among all futures exchanges.
🔝 In the last six months of operations, Huobi became the most popular derivatives platform for altcoins.
So let's have a look at what progress did Huobi Futures achieve during the last quarter 👉 link
☑️ As of today, Huobi Futures offers 49 futures and perpetual swaps contracts on its platform, the most among the major exchanges.
Huobi Futures currently houses half of the top 10 most liquid altcoin contracts, many of which are also the most traded pairs among all futures exchanges.
🔝 In the last six months of operations, Huobi became the most popular derivatives platform for altcoins.
So let's have a look at what progress did Huobi Futures achieve during the last quarter 👉 link
Monthly DEX Volume Hit All-Time High in June
In June 2020 decentralized exchanges saw the biggest monthly trading volume worth of $1.51B.
This development represents an increase of 365% compared to the $326M in June 2019.
Also, June's volume increased by 46% compared to the previous all-time high $1.03B.
In June 2020 decentralized exchanges saw the biggest monthly trading volume worth of $1.51B.
This development represents an increase of 365% compared to the $326M in June 2019.
Also, June's volume increased by 46% compared to the previous all-time high $1.03B.
BitMax Launched Insolar (XNS) Pre-Staking
🔹Users can start staking XNS and earn 10% Est. APR.
✔️Reward distribution will happen every day;
✔️No maximum delegation amount;
✔️Compound mode is supported;
✔️No minimum staking period;
✔️Instant unbounding.
Details 👉 https://bit.ly/2BX0PGw
🔹Users can start staking XNS and earn 10% Est. APR.
✔️Reward distribution will happen every day;
✔️No maximum delegation amount;
✔️Compound mode is supported;
✔️No minimum staking period;
✔️Instant unbounding.
Details 👉 https://bit.ly/2BX0PGw
📈Market Overview
Bitcoin was rejected once again near the $9,300 resistance.
After yet another failure near $9,300, BTC started a sharp decline. It broke the $9,200 support and the 100 hourly SMA. The price even broke the $9,000 level and traded as low as $8,933.
Bitcoin is currently correcting higher above the $9,000 pivot level.
Market capitalization: $271.64B (-0.54%)
The BTC dominance: 61.74% (-0.44%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Fantom (FTM) +44.00%
Content Value (CVNT) +22.79%
Just (JST) +20.77%
👉 Top Losers
Ampleforth (AMPL) -30.88%
IoT Chain (ITC) -21.57%
PlayFuel (PLF) -21.40%
BTC Futures
Aggregated Volume — $9.89B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
Bitcoin was rejected once again near the $9,300 resistance.
After yet another failure near $9,300, BTC started a sharp decline. It broke the $9,200 support and the 100 hourly SMA. The price even broke the $9,000 level and traded as low as $8,933.
Bitcoin is currently correcting higher above the $9,000 pivot level.
Market capitalization: $271.64B (-0.54%)
The BTC dominance: 61.74% (-0.44%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Fantom (FTM) +44.00%
Content Value (CVNT) +22.79%
Just (JST) +20.77%
👉 Top Losers
Ampleforth (AMPL) -30.88%
IoT Chain (ITC) -21.57%
PlayFuel (PLF) -21.40%
BTC Futures
Aggregated Volume — $9.89B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 The U.S. Internal Revenue Service Wants to Know More About Privacy-Enhancing Crypto Coins, Tools — link
#2 Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade — link
#3 Bank of Japan Will Begin Experimenting With a Digital Yen — link
#4 Bitcoin Data Not Protected by 4th Amendment, Appeals Court Rules — link
#5 Huobi Becomes First Major Exchange to Run a Chainlink Node — link
#6 Alibaba Leads Blockchain Patent Race — link
#7 MetaMask Unveils New Ethereum Wallet, Updates Privacy Features — link
👉https://cryptorank.io/news
#1 The U.S. Internal Revenue Service Wants to Know More About Privacy-Enhancing Crypto Coins, Tools — link
#2 Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade — link
#3 Bank of Japan Will Begin Experimenting With a Digital Yen — link
#4 Bitcoin Data Not Protected by 4th Amendment, Appeals Court Rules — link
#5 Huobi Becomes First Major Exchange to Run a Chainlink Node — link
#6 Alibaba Leads Blockchain Patent Race — link
#7 MetaMask Unveils New Ethereum Wallet, Updates Privacy Features — link
👉https://cryptorank.io/news
Monthly Derivatives Volume Dropped by 43% in June
According to the latest data from CryptoRank.io, in June, derivatives exchanges saw the lowest monthly trading volume in 2020 worth of $367B.
This result represents a drop of 43% compared to the May's all-time high $641B.
Top exchanges by monthly volume are Huobi, OKEx, Binance, and BitMEX:
Huobi, $237B —> $108B or -54%;
OKEx, $150B —> $106B or -29%;
Binance, $139B —> $89B or -36%;
BitMEX , $82B —> $46B or -44%.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
According to the latest data from CryptoRank.io, in June, derivatives exchanges saw the lowest monthly trading volume in 2020 worth of $367B.
This result represents a drop of 43% compared to the May's all-time high $641B.
Top exchanges by monthly volume are Huobi, OKEx, Binance, and BitMEX:
Huobi, $237B —> $108B or -54%;
OKEx, $150B —> $106B or -29%;
Binance, $139B —> $89B or -36%;
BitMEX , $82B —> $46B or -44%.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
Dapp Volume Hit $12 Billion in Q2 2020
According to DappRadar, transaction volumes for decentralized applications reached ≈ $12.44B in Q2 of 2020 with most of it passing through Ethereum.
This development represents an increase of 36% compared to the $7.94M in Q1.
Ethereum dapps accounted for 82% of the total volume. The most valuable Dapp by volume was Compound with its $1.2B.
According to DappRadar, transaction volumes for decentralized applications reached ≈ $12.44B in Q2 of 2020 with most of it passing through Ethereum.
This development represents an increase of 36% compared to the $7.94M in Q1.
Ethereum dapps accounted for 82% of the total volume. The most valuable Dapp by volume was Compound with its $1.2B.
Elrond To Launch Mainnet on July 30th!
✔️Over the next 4 weeks Elrond will continue to announce new exciting collaborations, increasing Elrond’s exposure and momentum in preparation for the mainnet launch.
✔️Genesis Staking 2.0 is now live! Genesis Staking on-boarders are rewarded by the protocol for securing the network with 25% APR before launch, 29% for Delegators & 36% for Validators. Staking is now live and available on a first-come, first-served basis.
👉 https://elrond.com/blog/zero-to-one
✔️Over the next 4 weeks Elrond will continue to announce new exciting collaborations, increasing Elrond’s exposure and momentum in preparation for the mainnet launch.
✔️Genesis Staking 2.0 is now live! Genesis Staking on-boarders are rewarded by the protocol for securing the network with 25% APR before launch, 29% for Delegators & 36% for Validators. Staking is now live and available on a first-come, first-served basis.
👉 https://elrond.com/blog/zero-to-one
📈Market Overview
Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low. The price surged above the 100 hourly SMA at $9,100, plus broke a crucial bearish trend line at $9,120 on the hourly chart.
If Bitcoin fails to clear $9,200, it could start another decrease. A daily close below the $9,000 support zone will most likely open the doors for a downward move towards $8,800.
Market capitalization: $275.90B (+1.29%)
The BTC dominance: 61.32% (-0.19%)
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bytom (BTM) +18.45%
Voyager Token (VGX) +16.04%
Reserve Rights (RSR) +15.86%
👉 Top Losers
Time New Bank (TNB) -17.17%
WeShow Token (WET) -12.60%
Celsius (CEL) -12.15%
BTC Futures
Aggregated Volume — $8.37B
Aggregated Open Interest — $3.07B
👉 Derivatives Market Analytics
Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low. The price surged above the 100 hourly SMA at $9,100, plus broke a crucial bearish trend line at $9,120 on the hourly chart.
If Bitcoin fails to clear $9,200, it could start another decrease. A daily close below the $9,000 support zone will most likely open the doors for a downward move towards $8,800.
Market capitalization: $275.90B (+1.29%)
The BTC dominance: 61.32% (-0.19%)
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bytom (BTM) +18.45%
Voyager Token (VGX) +16.04%
Reserve Rights (RSR) +15.86%
👉 Top Losers
Time New Bank (TNB) -17.17%
WeShow Token (WET) -12.60%
Celsius (CEL) -12.15%
BTC Futures
Aggregated Volume — $8.37B
Aggregated Open Interest — $3.07B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Brock Pierce Jumps Into 2020 US Presidential Election Last Minute — link
#2 NYDIG’s $190m Bitcoin Fund Makes it One of The Biggest Crypto Players — link
#3 CBDC is the Most Important Trend in Payments Says Visa Crypto Chief — link
#4 Philippines' SEC Just Denounced the Top Ethereum Dapp as a Ponzi — link
#5 Crypto Social Media Platform Voice Finally Launches on EOS — link
#6 Tron is the Fourth Blockchain to Receive a Coveted Twitter Emoji — link
👉https://cryptorank.io/news
#1 Brock Pierce Jumps Into 2020 US Presidential Election Last Minute — link
#2 NYDIG’s $190m Bitcoin Fund Makes it One of The Biggest Crypto Players — link
#3 CBDC is the Most Important Trend in Payments Says Visa Crypto Chief — link
#4 Philippines' SEC Just Denounced the Top Ethereum Dapp as a Ponzi — link
#5 Crypto Social Media Platform Voice Finally Launches on EOS — link
#6 Tron is the Fourth Blockchain to Receive a Coveted Twitter Emoji — link
👉https://cryptorank.io/news
The RiveX [RVX] price continues to rise. RVX is now trading at $0.28, peaking at $0.324.
The market capitalization is $2.28M. The RiveX token is now trading at ~ 8x in USD from the listing on BitMax price.
The market capitalization is $2.28M. The RiveX token is now trading at ~ 8x in USD from the listing on BitMax price.
USD Coin Market Cap Crossed $1 Billion for the First Time
The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $1 billion and it's now $1.038B.
This development represents a growth of 211% compared to the $334M in July 2019 and a 100% increase from the beginning of 2020.
Despite the growth, USDC is still far behind Tether, which market cap has surpassed $10B last week.
The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $1 billion and it's now $1.038B.
This development represents a growth of 211% compared to the $334M in July 2019 and a 100% increase from the beginning of 2020.
Despite the growth, USDC is still far behind Tether, which market cap has surpassed $10B last week.
Arca Labs Launches Ethereum-Based SEC-Registered Fund — link
The launch marks the first time the crypto-skeptical SEC has allowed a fund represented by cryptographics tokens to enter the investment markets under the Investment Company Act of 1940
The launch marks the first time the crypto-skeptical SEC has allowed a fund represented by cryptographics tokens to enter the investment markets under the Investment Company Act of 1940
Third Round of “Trading Regatta” Competition is Live on BitMax
🔹 CryptoRank kindly reminds traders that Round 3 "Last 49 Challengers" has started today.
‼️ 49 traders will be selected for the final showdown.
🔹 All qualified traders from Round 1 and Round 2 will be ranked based on the weighted factors:
✔️ Influence (by votes on social media platforms & communities) -10%;
✔️ Total number of subscribers - 40%;
✔️ Trading volume of trader - 20%;
✔️ Total trading volume of followers/subscribers - 30%.
Read the instructions 👉 link
🔹 CryptoRank kindly reminds traders that Round 3 "Last 49 Challengers" has started today.
‼️ 49 traders will be selected for the final showdown.
🔹 All qualified traders from Round 1 and Round 2 will be ranked based on the weighted factors:
✔️ Influence (by votes on social media platforms & communities) -10%;
✔️ Total number of subscribers - 40%;
✔️ Trading volume of trader - 20%;
✔️ Total trading volume of followers/subscribers - 30%.
Read the instructions 👉 link
