$715 Million worth of Bitcoin shorts closed on Bitfinex: Why does this matter?

The latest crash in cryptocurrency prices led to a drop to the $30000 level for Bitcoin. Following the flash crash of May 19, this crash led to the liquidation of several longs across derivatives exchThe post $715 Million worth of Bitcoin shorts closed on Bitfinex: Why does this matter? appeared first on AMBCrypto. дальше »

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Should you buy Dogecoin? Buying Dogecoin after it hit its lowest point since April

Dogecoin DOGE/USD has fallen more than 20% in the past 24 hours alone and is flirting with the $0. 15 level. Compare that to the value it had on May 8 when it tested the $0. 75 level and we can see DOGE is down 78% from its highs. дальше »

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Corporate Bitcoin Holdings Are Thriving At An Alarming Rate

MicroStrategy and Tesla may have hit headlines more than any other firm in the recent past as far as Bitcoin and crypto news is concerned. But they are only a very small percentage of the many corporations and hedge funds already invested or planning to invest in Bitcoin, going by the recent surveys. Recent surveys […] дальше »

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Breaking down the 2 sides of the Ethereum price argument

The crypto market has continued bleeding, Ethereum's price has dropped to the $2000 level based on data from coinmarketcap.com. Ethereum's price has dropped over 20% in the past week and this may be aThe post Breaking down the 2 sides of the Ethereum price argument appeared first on AMBCrypto. дальше »

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Skittish Investors Wipe Out All 2021 Gains, Sending Bitcoin Crashing to a New Low & Ether Back at $1,700

The cryptocurrency market is experiencing another brutal day. The price of Bitcoin went down as low as $28,830 on Coinbase, as of writing, lower than the May 19 low of $30k on the exchange, a level last seen in early January. дальше »

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Bearish Sentiment Increases as ETH Breaks Down Below Crucial Support

Ethereum (ETH) has been moving downwards since it reached an all-time high on May 12. So far, it has reached a low of $1,750. The post Bearish Sentiment Increases as ETH Breaks Down Below Crucial Support appeared first on BeInCrypto. дальше »

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This is the way things stand for Bitcoin: $30k support goes bust

Bitcoin lost support at $30,000 and was trading at $29,552. Since the weekend, the digital asset has been losing value as China's crackdown on cryptocurrency may have injected fear investors. CurrentlThe post This is the way things stand for Bitcoin: $30k support goes bust appeared first on AMBCrypto. дальше »

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What The Hash Rate Free Fall Means For The Bitcoin Market

Since the beginning of May, the Bitcoin network has fallen by approximately 29.6%. дальше »

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DOGE has plunged 70% since ‘Dogecoin CEO’ Elon Musk appeared on SNL in May

Dogecoin didn’t quite see the bump its believers expected after ‘dogecoin CEO’ Elon Musk spoke about the memecoin on national television back in May. The post DOGE has plunged 70% since ‘Dogecoin CEO’ Elon Musk appeared on SNL in May appeared first on CryptoSlate. дальше »

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Could Paraguay emerge as a Bitcoin mining hub after China crackdown?

Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate. дальше »

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Why this is a 'tremendously positive' thing to have happened to Bitcoin

China may no longer be the hub of Bitcoin's mining activity it once was, as several bitcoin mining farms in the country were shut down by its government, in the last few months. As of yesterday, 26 miThe post Why this is a 'tremendously positive' thing to have happened to Bitcoin appeared first on AMBCrypto. дальше »

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Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed

During May, the wealth management platform YIELD App, saw net deposits of Tether (USDT) increase 15. 5%, while net deposits of USD Coin (USDC) more than doubled, increasing 155. 5%, compared to April. дальше »

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The Dip Before The Run: Why We’re Headed For $250,000 Bitcoin

Investment funds holding bitcoin, Powell admitting inflation may be higher than expected, and more in this edition of Last Week In Bitcoin. дальше »

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Why buy THETA in June?

Theta THETA/USD has risen in value from $6. 31 in late May to its current levels of around $7. 44. The momentum could be seen as a bullish indicator and you should be comfortable in buying Theta now. дальше »

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Jim Cramer Fears China May Kill Bitcoin, Dumps Almost All Of His BTC Holdings

CNBC’s James Cramer, also known as Jim Cramer, has fessed up to selling nearly all of his Bitcoin amid fears of China possibly killing the world’s largest cryptocurrency following the nation having intensified its attack. дальше »

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MATIC's price: What can provide confirmation of a sharper price swing?

MATIC's jump towards $2.40 post 19th May crash was quite impressive especially when a bear market was taken into account. However, the digital asset failed to sustain higher levels since and succumbedThe post MATIC's price: What can provide confirmation of a sharper price swing? appeared first on AMBCrypto. дальше »

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Bitcoin Dominance Continues Ascent Towards 50%

The Bitcoin dominance rate (BTCD) has been increasing since May 19 and is approaching a crucial resistance line. The post Bitcoin Dominance Continues Ascent Towards 50% appeared first on BeInCrypto. дальше »

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What is the worst-case scenario of buying Ethereum right now?

There may be more traders shorting Ethereum at the time of writing, than accumulating. In the current bloodbath, Ethereum's price is 11% below last week's price level. The market capitalization has heThe post What is the worst-case scenario of buying Ethereum right now? appeared first on AMBCrypto. дальше »

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World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin

The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […] дальше »

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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices

Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »

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Bitcoin (BTC) Has Roller Coaster Weekend, Revisits Crucial Support

Bitcoin (BTC) decreased considerably last week, approaching the May lows near $30,000. It is likely in a corrective wave four. The post Bitcoin (BTC) Has Roller Coaster Weekend, Revisits Crucial Support appeared first on BeInCrypto. дальше »

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Ether Plunges Below $2K, Bitcoin Dips to $32K

Ether has plunged to its lowest level since May 23 дальше »

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$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as […] дальше »

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What does Polkadot's descending triangle mean for its price

Polkadot's correlation coefficient with Bitcoin has steadily increased in the first half of 2021. During this period, DOT registered all-time highs during the month of February, April and May. HoweverThe post What does Polkadot's descending triangle mean for its price appeared first on AMBCrypto. дальше »

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Bitcoin S2F Model Creator Predicts BTC Over $98k by November

All might not be gloom and doom for the premier cryptocurrency. Bitcoin (BTC) Could Reach $450,000 by Year-End The crypto markets have been range-bound since the infamous crash in May 2021 which witnessed bitcoin (BTC) touch the $30k support level. дальше »

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Bitcoin Is Going Greener But Crypto CEOs Aren’t Done Roasting Elon Musk

Even though it’s been weeks after billionaire Elon musk made several bearish statements about Bitcoin, many Bitcoin proponents have continued to slam the CEO over his stances, with many of them opining that although Musk may be very well versed in engineering, he may not be as educated on Cryptocurrencies like Bitcoin, hence their collective […] дальше »

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Which Nation Will Follow El Salvador's Lead?

With the nation state game theory playing out in front of us, it is interesting to speculate on who may be next. дальше »

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Dogecoin vs the odds: What could happen next?

With the global cryptocurrency market depending on Bitcoin's movement since 19 May, altcoins have predominantly oscillated between their major support and resistance marks due to the king coin's fluctThe post Dogecoin vs the odds: What could happen next? appeared first on AMBCrypto. дальше »

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Bitcoin hashrate & miners: The good and bad you need to know

"Drop down" seems like a trend for Bitcoin at the moment: From its price 'dropping down' over the past few days, with Social Sentiment was also seen dropping since May 19th. Now hashrate was also, welThe post Bitcoin hashrate & miners: The good and bad you need to know appeared first on AMBCrypto. дальше »

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China turns off its miners - does price follow hash rate or hash rate follow price?

Multiple Bitcoin miners in China's Sichuan province were shut down over the weekend and Bitcoin's hash rate is down almost 30% since May. Will the price fall further as a result - and what is the correlation between hash rate and price? дальше »

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3 reasons why Ethereum may underperform Bitcoin in the short-term

Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors. дальше »

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Dogecoin Primed For Nasty Crash To $0.05 And Not Even Elon Musk Can Save It: Strategist

According to a prominent strategist analyzing the Dogecoin (DOGE) price, it appears that the meme cryptocurrency may be in line for a major crash. Though DOGE has plummeted over 60% from its May 8 all-time high, the crypto analyst sees a drawdown of an even larger magnitude —  and not even Elon Musk’s tweets can […] дальше »

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Binance May Trading Report: Cryptocurrencies’ Worst Month Since March 2020

May was a bleak month for cryptocurrencies as prices plummeted by more than 50%, wiping out all of the gains made in Q2. As the... дальше »

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Bitcoin may lose $30K price level if stocks tank, analysts warn

Downside risks for BTC price are also heightened due to the recent dollar bounce.

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SOL Attempts to Find Support After Breakdown

Solana (SOL) has been increasing since bouncing on May 19. 

The post SOL Attempts to Find Support After Breakdown appeared first on BeInCrypto.

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Is SwissToken worth buying? An in-depth look at a wealth token

SwissBorg CHSB/USD, an Ethereum-based ERC-20 token secured by a proof-of-stake (PoS) consensus, has weakened from $1. 07 on May 27 to $0. 63 as of June 18. However, this decline could be temporary, and SwissBorg is poised to rebound. дальше »

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Bitcoin Has Three Major Flaws, According To Cornell Economist

Bitcoin continues to trend lower in the daily chart. After losing support in the $37,000 area, BTC trades at $35,540. The main cryptocurrency by market cap has been on a downwards trend since May 2021. дальше »

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Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin – Who’s Next?

Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital. дальше »

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Cardano Ousting Ethereum As Hoskinson Teases Release Of Astounding Algorithmic Stablecoin Paper

IOHK has been focused on enabling smart contract functionalities on the Cardano blockchain over the past months. While the full rollout may not come for a couple of months, IOHK already has its eye on a new algorithmic stablecoin paper. дальше »

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China, The End of an Era

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Ethereum Cloud Mining With Bybit – Is it Worth it?

On May 4, crypto derivative exchange Bybit launched a new service - an Etereum cloud miner. The company says this new Ethereum cloud mining service could be your best shot to mine ETH with minimal investments and earn sizable profits. дальше »

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Top 5 Tokens That Showed Strength During the Spring Fall

Recently, in the period from May 10 to May 23, one of the largest bitcoin corrections in history happened (~ 45%). These were 13 days of mass panic, uncertainty and fear for the integrity of the savings. дальше »

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Bitcoin, Gold, Stocks, and Yields Take a Beating as Fed’s Bullard Talks of Tapering

USD is the clear winner, enjoying a rally above 92.3, up from 89.5 from late in May thanks to the Fed executing rate hike next year. The post Bitcoin, Gold, Stocks, and Yields Take a Beating as Fed’s Bullard Talks of Tapering first appeared on BitcoinExchangeGuide. дальше »

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Why China’s Crackdown On Bitcoin May Be Just Beginning

Bitcoin mining activities might be coming to an end as the industry is used to knowing them. The Asian giant has decided to step up its regulations on this sector; many miners have decided to migrate to friendlier countries. дальше »

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Even Elon Musk can't save Dogecoin from crashing another 60%, analyst asserts

The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go.

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Bitcoin price falls below $37K amid little hope of a definitive weekend bounce

Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated.

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DOT, ANKR and REEF – Indecision Looms Large Within DOT Ecosystem

Polkadot (DOT) has been increasing since May 23 and is trading inside a symmetrical triangle. Ankr (ANKR) & Reef Finance (REEF) are both trading inside descending parallel channels. The post DOT, ANKR and REEF – Indecision Looms Large Within DOT Ecosystem appeared first on BeInCrypto. дальше »

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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.

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Alibaba Cloud Says It May Stop Servicing Crypto Mining Companies in China

Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges дальше »

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How Utopia (Crypton) Ushers in The Next Era Of Cryptocurrency Mining

In the current cryptocurrency landscape, there are many different ways to generate new assets and secure networks. Furthermore, the traditional mining approach may soon be a thing of the past due to growing energy consumption concerns. дальше »

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