Bitcoin [BTC] Price Enroute 6th Positive Weekly Close, Coinbase Oracles Not a Competition to Chainlink, BitMEX Becomes The First Crypto Exchange To Launch Ethereum “Quanto Futures” & More...

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Bitcoin [BTC] Price Enroute 6th Positive Weekly Close, Will CME Expiry Begin Reversal?

Bitcoin [BTC] price gained 4.93% on a daily scale, as the price touched a high at $7,775. The volatility is expected to continue today as well with the futures and options expiry at CME. 

Not a Competition to Chainlink, Coinbase Oracles to Add to the DeFi Movement

Coinbase announced the launch of a ‘DeFi Price Oracle’ which to serve the crypto DeFi movement. According to Coinbase, the oracle is not a competitor, but an ‘additive’ to DeFi oracles like Chainlink. 

BitMEX Becomes The First Crypto Exchange To Launch Ethereum “Quanto Futures”

In an announcement on Friday Apr. 24, BitMEX unveiled yet another contract, strengthening its claim as the top crypto derivatives exchange. In a post on their official website, BitMEX will offer its customers the Ethereum quanto futures, which are similar to the perpetual contracts offered by the exchange.

Bitcoin Price Analysis: BTC/USD Pushed Above $7,500 Can Bulls Hit $9,000 Before May Halving?

  • Bitcoin price soars within an ascending channel to settle above $7,500 in the journey to $9,000.

  • Bitcoin halving volatility seems to be getting in line as the event nears.

Cryptocurrency Market Update: Bitcoin Has Clear Path To $8,000, Ethereum And Ripple Facing Key Barriers

  • Bitcoin price encounters resistance immediate after breaking above $7,700 but support at $7,500 protects the bullish effort.

  • Ethereum proves the ability to recovery after testing $170 support and rising to levels close to $190, although $200 critical level is it at bay.