Nearly $500M Liquidated In Crypto Markets as Bitcoin Drops Below $65K — Analyst Notes Post-Halving Pattern

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Bitcoin drops to $45.5k as Europe votes to ban cold wallets in attack on decentralization

Bitcoin dropped $2,000 from $47,500 to $45,500 in four hours after news broke that the EU is set to cripple innovation in the blockchain space. The post Bitcoin drops to $45.5k as Europe votes to ban cold wallets in attack on decentralization appeared first on CryptoSlate.

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Brace Up for More Altcoin Drops as Bullish Season Might Still be Quite Far Away

Recently, a few Bitcoin analysts expressed a pretty bearish opinion for Bitcoin. The 2018 bear market came to a halt early in April 2019 and Bitcoin began a fantastic mouth-watering rally for many weeks after that.

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Bitcoin Correction Looking Likely as BTC Drops $25 Billion in 10% Slide

The long awaited bitcoin correction could be beginning as the king of crypto drops over 10 percent from yesterday’s high. A flash crash that wiped out $2,000 in two hours was quickly recovered but those gains haven’t held as prices start to go south again.

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Coinbase Experiences Outage As Bitcoin Price Drops

As the price of bitcoin dropped more than $1,700 in 15 minutes, crypto exchange Coinbase experienced major outages across its website, mobile apps, and API.

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Coinbase Hit With Outage As Bitcoin Price Drops $1.8K in 15 Minutes

Coinbase went down briefly on Wednesday afternoon, coinciding with a massive sell-off in bitcoin's price.

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Bitcoin Drops $2,000 in Minutes: Crypto Exchanges Struggle to Run Amid Volatility

What. The. Hell. In the past few minutes, Bitcoin (BTC) has slipped, showing an uncharacteristic bout of weakness in a massive uptrend. In fact, within the span of a few minutes, seconds maybe, Bitcoin fell from $13,800 — a year-to-date high — to just under $12,000.

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Is Bitcoin “A Hedge Against Global Instability”? Economist & Trader says “NO” But is He Right?

While Bitcoin is up over 5% touching $8,200, the world share market has snapped its seven-day winning streak as the White House took a tough stance on trade talks with China. No visible rise in US inflation meanwhile is keeping up the talks of an early cut in interest rates. Global Market Drops while Bitcoin […]

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Traders Predicting More Volatility While Bitcoin Rallies

Bitcoin has been on a rollercoaster ride for more than 10 years now. Parabolic price surges are as common as 90% drops in value for basically every coin or token in the entire cryptocurrency space.

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Weiss Crypto Ratings Drops EOS Over Centralization Concerns but Who Cares

By CCN Markets: Weiss Crypto Ratings on Friday announced that it is downgrading the technology score of EOS, a blockchain protocol developed and distributed by Block. one. The US-based economic research agency said EOS has “serious problems with centralization,” three months after it put the project among the top three blockchains alongside Ripple and Bitcoin.

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LocalBitcoins Drops In-Person Cash Support for Bitcoin Trading, Could Get Left Behind by Rival

Peer-to-peer (P2P) crypto exchange, LocalBitcoins decided to stop providing in-person cash trades for Bitcoin. Competitor exchanges are now planning to pick up the profits that LocalBitcoins formerly collected.

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Bitcoin (BTC) Begins Trading Sideways And Fears For More Red Grows As Trading Volume Drops

Since Bitcoin dropped below the $8,000 mark, the digital asset has fallen far below to set a support position of around $7,500. The crypto leader has since bounced back above this to trade a little over $7,800.

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Bitcoin SV (BSV) Price Drops 10% Correctively; Massive Dump Coming?

By CCN: Price of Bitcoin SV (BSV) is showing the first signs of significant downside correction after rallying more than 300-percent over the last two weeks. The BSV-to-dollar exchange rate today dropped close to 10-percent to establish $194.

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#DropGold campaign drops another truth bomb on why Bitcoin [BTC] is the future

Barry Silbert’s much-hyped campaign/movement, DropGold, has been trying to motivate people to dump gold as an investment asset and take Bitcoin as their mistress. Their recent article highlighted why investing in Bitcoin is better than doing the same in gold, listing out four reasons.

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Bitcoin Drops To $7,500 As The Digital Asset Flashes Major Sell Signal

Bitcoin after having two of its best months since the crypto boom of 2017, is now back in a downward trend. Although the current drop has been a big hit for investors, a sell signal indicates that there could still be more losses ahead.

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Bitcoin Drops Below $8K, Stocks See Volatility Amid Global Trade Tensions

Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin dropping back below the $8,000 price point

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Bitcoin Price Drops Below $8,000, Peter Brandt Shares His Gloomy Prediction

The trading expert who once predicted that Bitcoin would enter a new parabolic phase, now thinks that it’s time for a price correction

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Bitcoin [BTC] drops below $8,000 as overdue pullback forces market into submission

After trading in the green for over two months and experiencing minimal correction, Bitcoin [BTC] has halted its bullish swing, albeit for the time being. The largest cryptocurrency in the market fell by over 6 percent in two hours as the bears were let loose.

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Crypto Volatility Returns – $25 Billion Dumped as Bitcoin Begins Pullback

Any asset that goes up by 65 percent in just a month needs to take a breather. Bitcoin is no exception and, after surging from $5,350 to a high of $9,000 in May, is due a correction. Bitcoin Price Drops Under $8K Bitcoin’s closing candle came in below $8,200 yesterday, which is a crucial level for maintaining support and remaining bullish in the short term.

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Bitcoin's Overnight Crash Doesn't Stop Experts From Remaining Macro Bullish

On the eve of May 31, Bitcoin briefly dropped to $8,000 in an 11% drop: Are experts still macro bullish on its price trend? Analysts breakdown potential scenarios in which bitcoin recovers to a new 2019 high or drops below key supports.

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Major drawdowns normal in Bitcoin bull markets, analyst says

Bitcoin surged past $9,000 before plummeting to $8,000 and then recovering around $8,400. While the 8 percent drop was met with concern, one cryptocurrency analyst said that large drawdowns are actually normal in Bitcoin bull markets, adding that even more extreme drops are bound to happen.

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Bitcoin Analyst Bets $250,000 BTC Plunges 75%: Here’s Why He’ll Lose

By CCN: Several months ago, Tone Vays, a polarizing figure in the crypto community, laid down the gauntlet on Twitter. Doubling down on his gloomy short-term bitcoin price forecast, Vays challenged his critics to take on a bet that’s worth $250,000.

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Bitcoin Drops Below $8K After Hitting Yearly High, But for How Long?

Bitcoin price finally made it to $9,000. But the celebration was virtually over before anyone could celebrate. Investors are now curious how long they’ll have to wait before another $9k retest.

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CV Market Watch™: Weekly Crypto Trading Overview (May 17-24, 2019)

Bitcoin showed increasing volatility, with prices showing the possibility for fast and risky drops.

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Bitcoin Heating Up For $10,000

Bitcoin has seen a recent period of short consolidation over the past 7 days as the cryptocurrency drops by… The post Bitcoin Heating Up For $10,000 appeared first on Invest In Blockchain.

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Bitcoin (BTC) Price Drops Below $7,600, Bears Looking to Break $7,500 USD

In the past 24-hours, the Bitcoin price has dropped 4 percent as it fell down to $7,535 level at one point today. Just on the weekend, Bitcoin price recovered to $8,100 and then went to about $8,300 this week.

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Bitcoin Price Drops Again Whilst BSV Takes Biggest Hit After USCO Snubbed Craig Wright

Bitcoin and top altcoins record substantial losses as the bullish momentum is ebbing

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Bitcoin SV drops by a massive 24% in an hour after Bitcoin whitepaper patent backlash

Bitcoin SV’s sudden surge from $65 to $195 was caused mainly due to FOMO after the news about Craig Wright’s patent on Bitcoin Whitepaper broke out. The coin did breach the top-10 list when it pumped; however, it settled down to its original position of 12.

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Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price

By CCN: Many in the crypto community remained calm and banded together despite the steep drop in the bitcoin price on the heels of an otherwise incredibly bullish month. Bitcoin’s value was slashed by approximately $21 billion in the last 24 hours, with the BTC price currently holding above the $7,000 threshold.

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Bitcoin Price Loses Almost $1,000 Overnight, Pulling Crypto Market into Red

Bitcoin suddenly drops from the $8,000 range to the $7,200 area, dragging altcoins down and making the market lose a staggering $21 bln

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Bitcoin Price Correction Begins After a Massive $30 Billion Crypto Dump

Market corrections are a natural part of their movements so we should not be surprised when they occur. Analysts and traders have been predicting this all week and it has finally been set in motion as Bitcoin and crypto markets tumble today.

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Bitcoin Price Drops 20 Percent. Here’s What Happened

The fact that the Bitcoin price can be easily manipulated shows that BTC is still too fragile to become a viable hedge asset    

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Bitcoin Drops $1,000 In Value Amid Market Sell-Off

Bitcoin has once again come into contact with a greater crypto market sell-off, slashing its price by more than $1000.

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Bitcoin Market Dominance Drops Down to 52%, It’s Time for Altcoin Season (ETH, XRP, XLM)

Bitcoin price in red, Dominance falls XRP ripe for gains while XLM up more than 16% despite network failure Total market cap reaches $247 billion, last hit in August 2018 Bitcoin has turned red by 1.

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Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500

A prominent analyst fears difficulty for bitcoin if its spot rate drops below $7,500. Nick Cote, the chief information officer at US-based Redacted Capital, said holding the $7,500-level is essential for bitcoin as it began correcting from a yearly high of $8,388 this Thursday.

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XRP, Stellar Lumens [XLM], Tron [TRX] fall by over 5% in two hours as market plummets

As Bitcoin [BTC] ascended briefly over the $8,000 mark and the market breached the $250 billion market cap, a dreaded correction wave ensued. Days after surmounting huge peaks on the back of BTC’s push, several coins saw massive price drops, including XRP, and Stellar Lumens [XLM] and TRON [TRX].

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Wall Street Bitcoin Traders DGAF About Tether’s Massive Scandal

By CCN: Wall Street bitcoin traders clearly DGAF about the Tether/Bitfinex scandal. As crypto investment firm HASH CIB noted on Twitter, institutional traders were more bullish than ever last week, with no short positions taken on bitcoin in CME’s BTC futures market.

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Bitcoin Adds 150,000 Daily Active Addresses in a Month while Ethereum & Litecoin Drops Over 12%

Dash drops the hardest while EOS the least An address on blockchain serves the purpose of enabling payments to an entity that has unique information. To put it simply, an address is just a secure identifier.

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Bitcoin Dev Drops Withering Assault on Craig Wright’s Satoshi Claims

By CCN: In a rare foray into editorial writing, Bitcoin developer Jameson Lopp has dismantled Craig Wright’s Satoshi claims, one by one. “How Many Wrongs Make a Wright?” should be bookmarked in the browser of any cryptocurrency enthusiast.

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Bitcoin Price Stagnates at $5,878 as the Dow Jones Drops by Over 500 Points

Bitcoin continues to break new all time highs for 2019 day after day, currently trading at $5,929 and inching closer to the $6,000 resistance level. As discussed in our previous Bitcoin price analysis article, BTC/USD is starting to follow the same pattern as the stock markets which could signal that institutional investors are finally hopping […] The post Bitcoin Price Stagnates at $5,878 as the Dow Jones Drops by Over 500 Points appeared first on NullTX.

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Bitcoin Fees Skyrocket 250% as Transaction Volume Nears 2017 Peak

By CCN: Research in the latest issue of Diar reveals that Bitcoin transaction fees skyrocketed 250% in April as BTC blocks grew nearly as full as they were during December 2017 when the Bitcoin price peaked at just under $20,000.

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Warren Buffett Calls Bitcoin a ‘Gambling Device’

Warren Buffett has come out with another restatement of his negative position on Bitcoin espousing sentiments with the usual labored anti-BTC buzzwords. Warren Buffet Says Bitcoin ‘Doesn’t Do Anything’ Every so often, the Oracle of Omaha drops some tedious diatribe directed at Bitcoin.

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Bitcoin Price Drops Slightly After new 2019 All-time High

A bit of bearish pressure can always materialize in the world of cryptocurrencies. Especially during the weekend, one never knows in advance how the markets might swing. Today, it seems the Bitcoin price is taking a rest day and is willing to sacrifice some of its recent gains in the process.

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Bitcoin Cash’s happy rally comes to an end as price drops by 10% in 2 hours

The price of Bitcoin Cash has dropped in two massive steps after its surge reached a pinnacle, a few hours ago.  Bitcoin Cash surged by a massive 18% in a matter of 24 hours, leading the ephemeral rally.

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BitTorrent Token Is Increasing This Week While Chainlink Meets Resistance [Price Analysis]

BitTorrent Price Analysis: BitTorrent token recorded significant drops last week moving away from the $0. 00073 level. Although BTT’s price started this week by continuing with drops like seen last week, its price action has since begun to recover indicating that price may have found a point of buying pressure.

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Seller Momentum High in Ethereum [ETH] and EOS As They Fail to Follow up Increases

Ethereum Price Analysis Ethereum recorded a loss last week which resulted in the price dropping below a support level at $166. $166 has acted formerly as both support and resistance. The level briefly provided some buying pressure during the volatile price drops in November.

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

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Litecoin and Dash Record Consecutive Drops As Seller Momentum Builds [Price Analysis]

Litecoin has recorded three consecutive weeks of losses. The weekly candle for this week is so far forming a Doji, but it looks likely that the price will continue its downward movements. The weekly RSI has started decreasing representing a shift in momentum from buyers to sellers.

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Crypto Markets Drops as Bitcoin Fails to Hold $5,300 Support, Stocks Hit All-Time Highs

Bitcoin fails to hold the $5,300 support, while most of the top 20 coins by market cap are seeing losses

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