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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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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

2020-6-3 21:00


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Litecoin Shows Signs of Life After a Long Decrease

Both LTC/USD and LTC/BTC have broken out from descending resistance lines and are targeting the closest resistance levels. The breakout from the current descending resistance line was noted by cryptocurrency trader @Mesawine1, who tweeted an image showing the breakout and predicting that the price could increase all the way to the next resistance area at […] The post Litecoin Shows Signs of Life After a Long Decrease appeared first on BeInCrypto. дальше »

2020-6-2 20:51


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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »

2020-5-30 23:00


Lending and Interest Income Could Be the Path to Boost Crypto Adoption

Bitcoin and cryptocurrencies, in general, have come a long way from the early days when they were regarded as an internet bubble waiting to burst. However, even after a decade, one constant criticism is that digital assets haven't found a niche, and cannot be spent as easily as it has been advertised for long. The […] дальше »

2020-5-28 20:35


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Bitcoin Miners Spark Second Capitulation Of 2020. How Long Will It Last?

Bitcoin fell almost 10% during this last week, betokening the beginning of the second mining capitulation so far this year (the first was in March during the black Thursday) and the third in the last nine months, according to data provided by market researcher and digital asset manager Charles Edwards. Bitcoin experienced its worst week […] дальше »

2020-5-26 01:13


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Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’ 

Not too long ago, news.Bitcoin.com reported on Craig Wright’s recently submitted bitcoin address list that contained at least three spent blocks. Following the court filing, on May 24 a pastezone dump of 144 addresses, some of which are also represented in Wright’s list, contained a verified message that notes “Craig Steven Wright is a liar […] The post Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’  appeared first on Bitcoin News. дальше »

2020-5-26 20:20


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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »

2020-5-24 22:00


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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000

Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »

2020-5-23 02:00


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Grayscale Director: Smart Money is Flooding into Crypto at Remarkable Rate

The widespread money printing that has come about as a result of the Coronavirus pandemic will eventually lead to massive inflation rates for fiat currencies Although the crypto market’s participants have long seen digital currencies as a way to escape the impacts of this, it now appears that “smart money” is taking notice as well The managing director for Grayscale Investments is now noting that his company’s regulated crypto funds are seeing unprecedented inflows Bitcoin […] дальше »

2020-5-21 21:00