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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC
Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […] дальше »
2020-6-4 02:00 | |
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Despite $1,500 Crash, Charts Show the Bitcoin Uptrend Is Still “Intact”
Just 24 hours ago, Bitcoin surged above $10,000 for the first time in weeks in a move that shocked the market. During the rally, over $100 million worth of short positions were liquidated as the asset jumped nearly $1,000 higher within an hour. дальше »
2020-6-3 04:04 | |
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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts
Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »
2020-5-28 23:00 | |
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Crypto Tidbits: Bitcoin Surges to $7,800, More U.S. Stimulus, Tether Erupts
Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions. дальше »
2020-4-26 07:08 | |
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Coinbase Commerce Exceeds 2-year Record – Processing More Than $200 Million In Payments
In its last tweet, Coinbase commerce announced that it processed over $200,000,000 in payments in less than a year, showing how it has grown in such a short time thanking the confidence that users have shown. дальше »
2020-3-29 09:45 | |
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Tesla Bear Lost $1 Million Shorting Musk, Whines Stock Will Crash to Zero
Despite a face-melting 400% rally, Mark Spiegel still thinks Tesla is going to zero. His short position has cost him more than $1 million so far. The post Tesla Bear Lost $1 Million Shorting Musk, Whines Stock Will Crash to Zero appeared first on CCN.com дальше »
2020-3-3 16:21 | |
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FCoin Exchange Comes Up Short, Up To 10,000 BTC Of Traders Assets Gone Due To Errors
FCoin, the famous cryptocurrency exchange that uses the trans-fee mining model, has revealed a shortage of $130 Million in crypto-assets and paused both withdrawal and trading on its platform. FCoin was launched in May 2018 by the former CTO of Huobi, Zhang Jian, who said on Monday in a blog post that the exchange is […] дальше »
2020-2-17 19:17 | |
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Here’s How DeFi’s Smashing Growth Puts a Trillion-Dollar Case for Ethereum
Decentralized Finance or DeFi for short is one of the fastest-growing sectors of the crypto industry. After a massive upswing in 2019, 2020 is promising to be another great year. Already the total value in USD locked in DeFi has surpassed $800 million. дальше »
2020-1-18 18:02 | |
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Did Bitcoin Price Rally to $8600 Because of BitMEX Liquidations?
Bitcoin price has made another big move a couple of hours ago as it pulls out of short term consolidation and tapped a two month high. The move came after another mass liquidation of shorts on BitMEX to the tune of almost $40 million. дальше »
2020-1-14 08:01 | |
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Tether’s market cap hits an ATH of $4 billion; Bitcoin pumps correlated?
Long have there been rumours regarding Bitcoin’s price and Tether. Are they true though? One can only speculate. Tether’s total circulating supply right now is approximately 200 million USDT short of reaching 4 billion. дальше »
2019-7-19 16:30 | |
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John McAfee doubles down on $1 Million BTC price prediction, says recent dip is just a normal weekly fluctuation
The cryptocurrency market is becoming more disturbing as there seems to be no short term hope. This is more troubling for Bitcoin holders and enthusiasts as the number one cryptocurrency’s future is getting more uncertain after raising their hopes and expectations. дальше »
2019-7-15 23:02 | |
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Crypto Whale’s $200 Million Short Triggers 8.5% Bitcoin Price Plunge
On June 30, according to a cryptocurrency trader, a single investor on Bitfinex placed a 20,000 BTC short order, betting more than $200 million that the bitcoin price would go down in the near term. дальше »
2019-7-1 10:42 | |
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Bitmex Sees $500 Million Bitcoin Short Liquidation in 24hrs
Bitcoin trading activity is breaking all-time records in terms of volume and open interest in Bitcoin futures. The latest trading activity has caused Bitcoin’s value to reach an 18-month high, forcing a huge amount of Bitmex short-sellers to abruptly liquidate their positions. дальше »
2019-6-28 00:00 | |
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‘Insane’ Bitcoin Momentum Goes Overdrive as ‘Real Volume’ Hits $1.5 Billion
By CCN Markets: Bitcoin price has increased by 16 percent in the past week against the U. S. dollar following its initial breakout of the $10,000 mark on June 21. Luke Martin, a crypto trader, has said that the momentum of the dominant crypto asset is “insane,” indicating that minor corrections are being absorbed by the market at a fast pace and that the short term trend of the asset remains strong. дальше »
2019-6-24 09:40 | |
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Chinese Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet
By CCN Markets: A Chinese Bitcoin trader has allegedly committed suicide after he lost investor’s money in a highly leveraged trade position. According to 8btc, Hui Yi lost 2,000 Bitcoins after he entered a short position which was liquidated after it went in the opposite direction. дальше »
2019-6-12 15:18 | |
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Polkadot Project Seems To Be Having Troubles Despite Having a Valuation of $1.2 Billion
It seems that Polkadot’s project is not going to be valued around $1.2 billion, at least in the short term. The company is trying to gather $60 million through a private token sale, but the investors interested in the project are paying prices that would value the project under $1 billion. This is according to […] дальше »
2019-6-6 22:43 | |
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Binance CEO Skips Lunch Invite With Bitcoin Basher Warren Buffett
By CCN: It appears that Justin Sun’s Crypto Avengers are going to be short one hero. Binance CEO Changpeng Zhao (CZ) has turned down the enthusiastic Tron creator’s offer of attending his $4. дальше »
2019-6-4 12:13 | |
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Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token
The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token. дальше »
2019-6-3 13:22 | |
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Bitcoin Hash Rate Nears All-Time High to Drive Price Higher
Bitcoin price drew closer to $9000 May 30 as fundamentals data revealed the network was nearing new records for hash rate, daily transactions, and block size. Fundamentals Drive BTC Price Higher According to monitoring resource Blockchain. дальше »
2019-5-30 15:00 | |
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Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock
By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3. дальше »
2019-5-29 12:25 | |
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Understanding the rising popularity of China’s rural influencers
Beginning in 2016, China saw the sudden and meteoric rise of the short video social media platform Kuaishou lion people, with 100 million daily active users. What makes it unique among Chinese apps is not its feature set, but the demographics of its user pool, which is comprised of a higher percentage of rural and… This story continues at The Next Web дальше »
2019-5-28 12:38 | |
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A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000
By CCN: On May 27, the bitcoin price surged from $8,000 to $8,939 on major exchanges such as Bitstamp and Coinbase, achieving a new high for 2019. Key catalysts behind the abrupt increase in the bitcoin price within a short time frame remain unclear; some have suggested the overall improvement in sentiment around the crypto market and an increase in demand from retail investors. дальше »
2019-5-27 17:27 | |
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Bitcoin Investor Closes 10,500 BTC (Over $80 Million Worth) Short Position on Bitfinex
Bitcoin (BTC) has experienced an important price increase in the last few days that has attracted the interest of many investors around the world. However, there was a trader that closed a 10,500 BTC short position that he had on the crypto platform Bitfinex. дальше »
2019-5-17 01:56 | |
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‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy. ” Trust, Don’t Verify The New York Attorney General’s office recently opened a very public investigation into the firm. дальше »
2019-5-14 03:00 | |
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Defiant Binance CEO Insists ‘We Aren’t Short on Funds’ after $40 Million Hack
By CCN. com: Binance CEO Changpeng Zhao says that the exchange is not hurting at all after the $40 million hack that reportedly took place earlier today, in which hackers managed to withdraw around 7000 BTC. дальше »
2019-5-8 08:23 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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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. дальше »
2019-5-1 01:22 | |
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How Strong Is Bitfinex’s Rebuff Against New York AG’s Allegations, Labeling Them ‘False Assertions’
Days after the AG of New York announced that it was probing Bitfinex’s parent company, iFinex over a supposed $850 million dollar fraud, the crypto exchange has responded. In a short video shared by the Twitter outlet of Ambcrypto. дальше »
2019-4-27 19:53 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Bitcoin Looks To Make A Higher Value Move But Could Run Into A Wall Of Resistance In Short Term
Bitcoin Looking To Make A Higher Move Only To Run Into A Wall Bitcoin is very well on its way to $5,300 as it is currently surging by 2.64 percent with its market cap moving closer to $100 million. From February 7th, the price had started surging, going from about $3,380 to $4,914 last week. […] дальше »
2019-4-8 20:52 | |
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Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains
On April 1, the bitcoin price initiated a large 19 percent rally from $4,200 to $5,000, peaking at $5,300 the next day across several major crypto exchanges. The rapid upside movement of bitcoin, which occurred in minutes, is said to have been triggered by two major factors. дальше »
2019-4-6 16:09 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project
According to local publications, an 18-year-old hacker stole 15 million yen, which is equivalent to $134,640, worth of a crypto asset called Monacoin. On Monappy, a platform that enabled Monacoin users to store their funds, the hacker initiated a large number of transactions in a short period of time to overload the system. дальше »
2019-3-15 19:20 | |
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Forget About Valuation, Speculation Can Make A Case For The $1 Million Bitcoin Price Prediction
Speculation is primarily known as the act of purchasing an asset or commodity with the hope that it would be more valuable shortly. In finances, Speculation is the engagement in a more risky transaction for a profit in the short term. дальше »
2019-3-12 16:47 | |
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Amun AG Company, Who Focuses on the Buying Cryptocurrencies Process, Raises $4 Million
Amun AG has been shaking up the crypto industry for a short time, but their moves have made a big difference. They are most notable right now for being the force behind the world’s first listed crypto index product. дальше »
2019-3-11 20:01 | |
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$100 Million Short: QuadrigaCX Audit Can’t Account for 26K Missing Bitcoin
QuadrigaCX's court-appointed monitor has finally provided blockchain addresses for the exchange's cold bitcoin wallets. They're nearly empty. дальше »
2019-3-2 02:19 | |
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Not Funny: Elon Musk’s Twitter Joke Likely to Cost Tesla $460 Million
When Tesla CEO Elon Musk pressed “tweet,” he had to know his ill-timed joke about production numbers would catch the attention of SEC regulators. However, that single Twitter post might now force Tesla to pay nearly $1 billion in cash to settle up with bondholders. дальше »
2019-2-28 20:00 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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EA’s Apex Legends Gets Insane 10 Million Players in 3 Days, Can it Become Bigger than Fortnite?
Electronic Arts Inc. shares are rising, and it seems to be gaining lost grounds with its latest title, Apex Legends, amassing millions of players within a short period. Watch Apex Legends Gameplay Below + First Impressions The Canadian gaming giant saw its stock rise by 16 percent on Friday, after announcing that Apex Legends, it’s Fortnite competitor had gained 10 million players and 1 million concurrent players, 72 hours after it was released, and the fans seem to be loving it. дальше »
2019-2-9 18:52 | |
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Ether December 2018 On-Chain Volume Falls Short of DAO Hack Figures
On January 21, 2019, Diar, a crypto-focused research group, reported the unlikely rise of ether’s on-chain transaction value on the Ethereum blockchain. Despite the market crash in 2018, the number two blockchain recorded a total movement of 115 million ETH in December last year. дальше »
2019-1-25 19:38 | |
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Revisiting the Power Struggle Story of Coinbase Crypto Company Vs the Wall Street Old Guard
While a day is a short one in politics, that is an understatement for cryptocurrency enthusiasts, especially as they look at 2018 as if it weren't just a few weeks ago. It doesn't take too much recollection to remember the lofty days when cryptocurrency market capitalization stood at just over $300 million with all the […] дальше »
2019-1-10 21:09 | |
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It’s Time We Began Pricing Things in Satoshis
What can you buy with a virtual pocketful of satoshis? Why, anything and everything. Whatever goods or services you can purchase with BTC or BCH you can purchase with their smaller units of account – the satoshi, or ‘sat’ for short. дальше »
2019-1-10 15:15 | |
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Pierre Rochard: “Lightning Adoption Will Basically Mirror Bitcoin Adoption”
Lightning is a second-layer solution for the Bitcoin blockchain that addresses the scaling issues surrounding it today. Similar to Bitcoin, Lightning is an open-source protocol in which anyone can contribute to. дальше »
2018-12-19 02:34 | |
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Ethereum (ETH) Traders’ Short Position of $7.5 Million Sees Liquidation on BitMEX
Monday was a great day on the floor of the cryptocurrency exchange market for both traders and investors in major cryptocurrencies, with many cryptos rebounding in value, contrary to the industry-wide erstwhile bearish market. дальше »
2018-12-19 00:39 | |
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Splitt Cloud Mining Service Sees Exponential Growth In Just Three Months
Launched in August, Splitt, a cloud server crypto mining service is gaining mass popularity within the crypto community. The platform is designed to make crypto mining more user-friendly and safe for all. дальше »
2018-11-22 15:05 | |
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Plair (PLA) Decentralized eSports Blockchain Platform on VeChain Finalizes Its $22 Million ICO Sale
Plair (PLA) is a decentralized platform for eSports that is built on VeChain. It recently completed its ICO, where it managed to raise $22 million after it launched the token sale towards the end of October. дальше »
2018-11-20 02:16 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand
Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »
2018-11-16 16:09 | |
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