Over-the-counter trading desks usually cater to institutional or large individual traders.
While retail traders are dumping their holdings in cryptocurrencies, institutional traders are using the opportunity to buy.
The notional volume of Bitcoin traded this year has already touched the $2.2 trillion mark, according to Satoshi Capital Research.
The numbers will soar after the markets turn bullish in 2019.Global funds network Calastone, which processes mutual fund trades for over 1,700 financial companies, will use blockchain for its entire system of fund trade clearing services.
ETH/USDEthereum has been trading inside the tight range of $130.50-$102.20 for the past ten days.
The traders should wait for a new buy setup to form before initiating a long position in the EOS/USD pair.
ADA/USDCardano has been trading in a tight range for the past few days.
One small positive is that it has been trading in the top half of the range, which shows some buying pressure.
Short-term traders can wait for a close above the range and then ride the move higher.
Position traders should wait for a new uptrend to begin before initiating any long positions.
Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, Dec. 3
에 게시 됨 Dec 3, 2018
by Cointele | 에 게시 됨 Coinage
Coinage
최근 뉴스
모두보기
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.