$107,226.00
-0.58%$2,430.47
-1.55%$2.10
-4.55%$644.76
-0.57%$139.77
-4.20%$0.999804
-0.01%$0.271781
-0.49%$0.161345
-2.79%$2,430.08
-1.56%$0.557722
-2.74%$107,137.00
-0.66%$36.38
-3.27%$2,930.86
-1.60%$491.98
1.59%$2.64
-4.76%$13.01
-2.26%$9.03
0.38%$0.235457
-2.94%$17.40
-2.02%$0.999827
0.00%$2.84
-1.03%$47.62
-0.71%$0.00001128
-3.68%$2,431.07
-1.52%$85.37
0.32%$2,602.30
-1.52%$0.999558
-0.13%$0.144214
-4.57%$312.25
0.61%$4.69
4.90%$1.00
0.04%$3.34
-1.26%$107,200.00
-0.60%$0.559868
-10.85%$6.86
-3.89%$0.00000928
-3.24%$255.32
-2.09%$1.18
-0.05%$4.87
0.07%$50.18
-1.96%$1.00
0.00%$322.80
-1.90%$2.07
-4.12%$4.75
-2.48%$169.57
-4.10%$0.080926
-1.63%$16.21
-1.17%$1.057
0.02%$0.73699
-4.19%$0.998968
-0.18%$25.95
-6.39%$0.599834
-1.84%$0.074467
-4.38%$15.83
-2.86%$4.42
-0.21%$9.01
-0.16%$3.93
-2.44%$0.02045758
-3.75%$107,096.00
-0.76%$0.662286
-1.00%$0.077146
-4.15%$0.174615
-2.55%$3.02
-3.78%$0.252142
-5.45%$0.303311
-3.31%$2.22
-2.30%$0.172301
-3.05%$0.998075
-0.04%$4.34
-1.62%$2,427.54
-1.75%$1.00
0.04%$0.264191
-6.09%$0.870631
-3.34%$98.17
-2.17%$11.06
-0.69%$147.70
-4.38%$1.00
-0.25%$1.18
-3.42%$0.01749738
0.28%$0.397635
-4.86%$2,768.22
-1.57%$2,545.34
-1.59%$1.17
-11.73%$10.67
-6.15%$0.00001333
-4.42%$1.00
-0.01%$0.175399
-6.81%$0.657754
-1.71%$0.999755
-0.05%$1.44
-10.81%$0.99948
-0.01%$0.307613
-3.38%$0.954648
-4.93%$0.05839
-0.09%$1.44
-4.62%$0.53278
-3.11%$3,332.91
-0.39%$2,591.66
-1.73%$106,905.00
-0.60%$2,551.75
-1.57%$1.11
0.01%$107,205.00
-0.50%$644.23
-0.70%$2.96
-2.08%$108,340.00
0.02%$3,320.76
-0.34%$2,556.37
-1.68%$0.07997
-2.75%$0.492465
-3.42%$0.772478
-4.77%$0.408713
-3.11%$111.57
0.01%$156.51
-4.12%$2,625.45
-1.44%$0.506789
-5.70%$182.31
-4.19%$2.14
-2.30%$0.0000704
-2.80%$0.998903
0.03%$1.96
-4.74%$0.663044
-2.41%$0.784313
-3.03%$0.00993225
-4.14%$39.96
-4.04%$1.089
-0.96%$0.589003
-1.67%$0.696413
-2.63%$0.01282493
-4.10%$18.35
-2.86%$30.59
-2.53%$0.01345903
-1.93%$106,690.00
-0.66%$0.153859
-3.25%$0.997724
-0.01%$0.240629
-3.92%$0.223109
-1.16%$0.00927678
-5.96%$0.00000059
-1.86%$107,034.00
-0.82%$0.529139
-1.02%$36.43
-3.07%$3.35
-2.88%$2,429.29
-1.64%$2,429.81
-1.60%$0.092611
-3.01%$0.526223
-2.63%$1.93
-4.79%$0.01515246
-4.45%$0.37929
-7.98%$0.320786
-2.73%$2,594.39
-1.61%$8.84
7.45%$107,135.00
-0.49%$2,522.86
-2.01%$0.999844
0.04%$2,431.27
-1.52%$0.608792
-3.11%$0.184152
3.55%$0.999188
-0.08%$0.248551
-4.29%$1.32
-3.77%$0.00449322
14.91%$1.00
0.02%$0.403457
-1.64%$0.999801
-0.01%$0.00000043
-0.88%$0.060077
-1.52%$1.00
0.01%$1.37
-3.54%$45.47
-2.25%$36.43
-3.01%$0.161038
-3.07%$1.091
-0.01%$0.999857
0.09%$0.395098
-2.50%$0.03964343
-1.58%$2.13
-4.75%$1.001
-0.09%$5.40
-2.54%$2,430.12
-1.54%$0.00001892
-1.38%$2,578.29
-1.76%$13.15
-2.55%$0.00638503
-3.13%$0.31138
-2.19%$0.109954
-2.31%$0.174647
6.07%$1.25
0.51%$0.070595
-2.05%$0.478876
-1.71%$0.358399
-1.09%$2.18
-3.72%$0.492431
-3.25%$0.934625
-2.15%$0.00379945
-4.43%$0.00000088
-9.96%$2,679.26
-1.59%$1.39
-3.65%$1.077
-6.46%$0.03443664
-8.23%$107,875.00
0.06%$0.03331228
-0.67%$0.999966
0.01%$107,008.00
-0.54%$20.12
1.49%$0.999923
-0.03%$2,657.97
-1.56%$0.04570853
1.31%$0.320541
-3.92%$0.01646035
-0.77%$0.126056
-6.22%$0.999213
0.02%$2,430.25
-1.65%$0.999058
-0.11%$4.73
-3.44%$152.52
-4.26%$0.00348635
-9.91%$0.00005505
-1.98%$10.10
-0.38%$0.063788
-2.44%$2,426.61
-1.58%$109,127.00
1.38%$0.00000142
8.50%$1.062
-2.41%$107.99
-2.01%$0.02875181
0.22%$0.433843
-2.30%$0.678579
-0.44%$0.00331505
-4.59%$17.35
-2.09%$1.002
0.18%$0.00525725
0.54%$105,739.00
-0.02%$0.589963
-2.72%$2,153.42
-0.57%$1.21
0.16%$0.591378
-1.02%$1.018
0.10%$0.660123
-9.33%$1.62
-2.58%$0.263082
-5.49%$0.174501
-2.68%$103,935.00
-0.92%$0.176198
-3.08%$14.54
-1.10%$19.45
-2.41%$0.070416
-8.74%$0.00343029
-3.54%Reading
Cryptocurrency exchange eToro has warned customers that trading limits may be put in place due to a surging demand for cryptocurrencies.
Bitcoin may have crashed by over $10,000 in a single day this week, but growing demand for cryptocurrencies has surged to such a height that eToro has had to warn customers to temper their trading expectations on the exchange.
“We are seeing extreme conditions in crypto markets,” Katie Evans, global PR and communications manager at eToro, told Decrypt, adding, “If the demand for crypto continues we might once again see liquidity issues in crypto markets.”
In the first 11 days of the year, eToro had over 380,000 new users register with the exchange.
There are two key factors that affect Bitcoin’s price: supply and demand. And while the available supply has been shrinking, demand has been rapidly going up. Institutional investors and companies like MicroStrategy have been plowing into the market, buying up huge quantities of Bitcoin—increasing the demand. At the same time, data shows that the amount of Bitcoin available on exchanges has been declining massively. And this is already affecting the market. “Bitcoin is in a supply and liquidity...
“Our experience of the 2017 crypto rally means that we understand the possible consequences of extreme volatility in crypto markets,” Evans said, adding, “We want to ensure that our clients fully understand the possible risks.”
The risks might include the fact that Bitcoin’s price appears to be in a precarious position, recovering up to near all-time highs after dropping by $10,000 earlier this week.
Some Bitcoiners believe the cryptocurrency is back where it was in early 2017, when several price corrections paved the way to what became what was then an all-time high in price.
BTC retracements and dips during the 2017 bull run ranges around 30-40%. Expect the same during this bull run.
Great time to buy on the lows! #BTC $BTC #bitcoin pic.twitter.com/Y1R0F7S9SA— Moonlight (@g_guzardus) January 11, 2021
Others however, think Bitcoin is facing a situation similar to the end of 2017, when a price surge was quickly followed by a huge crash.
Baboons. pic.twitter.com/lgWMQyA4r6
— 0x_Infinitum (@CryptoMessiah) January 13, 2021
Either way, those hoping to trade will need to find enough liquidity to do so.
American cryptocurrency exchange Coinbase unveiled two new wrapped assets on Wednesday, making Cardano and Litecoin tradable on Base, the firm’s Ethereum layer-2 network. Cardano (ADA) and Litecoin (LTC), now available as cbADA and cbLTC, join Dogecoin (DOGE), the Ripple-linked XRP, and Bitcoin (BTC) in Coinbase’s wrapped assets suite, a collection of tokens designed to increase cross-chain functionality. The wrapped versions of DOGE and XRP were just launched on Base earlier this month. Held i...
Solana launchpad Pump.fun has matured into a next-generation livestreaming service, looking to rival titans of the industry like Twitch, Kick, and YouTube. Now, the platform is sponsoring streamers, paying viewers to post viral clips on social media—and the meme coin makers are getting creative. Pump.fun users can launch their own Solana meme coin, open up a livestream, and hope their actions pump the value of the crypto token. Recent streams have been big and bold, while remaining safe—followin...
Bitcoin derivatives traders were still on edge, even as BTC’s price rebounded above $105,000 for the first time since Friday. Bitcoin was recently changing hands at about $105,500, a 2.3% gain over the past 24 hours, according to crypto data provider CoinGecko. Markets have been rallying on the news of an Iran-Israel ceasefire—even if President Donald Trump profanely expressed his frustration that both countries had reportedly already violated the truce. The S&P 500 gained 1.15% on the day, rou...
