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Grayscale Bitcoin Trust Premium Sharply Rebounds: Could It Return to Positive?
Since February, Grayscale’s premier crypto fund Grayscale Bitcoin Trust (GBTC) has traded at a negative premium to its net asset value (NAV). GBTC, which has been the largest publicly-traded crypto fund available on the market, saw its historically high premium plummet as new competition weighed in. дальше »
2021-5-25 09:38 | |
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Analyst on Bitcoin: 'I don't think $60K was the top, far from it...'
The recent crypto market crash saw various coins plummet by double-digits. The largest crypto by market capitalization, BTC, saw a fall of around 30%, followed by ETH which fell by 40%. Even Dogecoin The post Analyst on Bitcoin: 'I don't think $60K was the top, far from it...' appeared first on AMBCrypto. дальше »
2021-5-22 15:00 | |
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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »
2021-5-14 10:00 | |
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Bitcoin Fans Are Absolutely Furious at Elon Musk
Pump and Dump On Wednesday evening, Tesla CEO Elon Musk announced that the automaker would no longer accept Bitcoin payments just months after it first started to. The move sent shockwaves through the Bitcoin community — and caused the crypto’s value to plummet, according to CNBC — and Bitcoin holders accusing Musk of manipulating the […] The post Bitcoin Fans Are Absolutely Furious at Elon Musk appeared first on Futurism. дальше »
2021-6-8 17:54 | |
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Sharp Plummet for DOGE Following Musk Saturday Night Live Appearance
Elon Musk made his long-awaited appearance as host of Saturday Night Live. And it appears to have been anything but good for the price of Dogecoin (DOGE) as it plummets from yesterday's heights. дальше »
2021-5-9 13:08 | |
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Bitcoin Outflows From Miner Wallets Plummet To A Multi-Month Low — And That’s Crazy Bullish
Bitcoin miners mostly operate with fiat money and are repetitive sellers in the market, liquidating a portion of their stash to finance their daily operational expenses such as electricity costs. However, it seems that they are currently hoarding their newly minted coins as they have no incentives of cashing out at current prices. A reduction […] дальше »
2021-4-30 22:43 | |
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Bitcoin Mining Pool Hashrates Plummet Following North-West China Blackouts
In a tweet earlier today, a Chinese journalist who goes by the handle @WuBlockchain attributed the Bitcoin hashrate declines to a blackout in Northwest China. The blackout was reportedly put in place for safety inspections. дальше »
2021-4-16 14:00 | |
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Grayscale Bitcoin Trust Dropped Nearly 20% Amid Intense BTC Market Selloff
The currency bitcoin market correction has dealt a particularly harsh blow to Grayscale Bitcoin Trust (GBTC), the biggest fund tracking the cryptocurrency. BTC Price Momentum As bitcoin prices plummet, the fund has gone into free-fall, shedding almost 20% off its $29. дальше »
2021-3-26 20:00 | |
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Chainlink (LINK) Daily New Addresses Surge as Exchange Reserves Plummet
Chainlink (LINK) continues to show huge promise in 2021, as key metrics released by Santiment on March 21, 2021, points out that the total number of daily new LINK addresses has maintained its high rate this year, while its ratio of supply on centralized exchanges is down by 14. дальше »
2021-3-22 18:00 | |
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Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet. A whopping 189,000 bitcoin […] дальше »
2021-3-10 22:00 | |
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Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges are currently quoting. The Impact of the CBN […] дальше »
2021-2-19 20:30 | |
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Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. дальше »
2021-2-3 21:30 | |
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Crypto sector selloff in full swing as Bitcoin hits $31k
The crypto market had quite a rough day, as Bitcoin’s price plummet pulled the rest of the market down. The sudden bloodbath was caused by Bitcoin’s inability to break the $42,000 mark, which then prompted a pullback. дальше »
2021-1-11 18:43 | |
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Nomura and Ripple Partner SBI Holdings Support XRP, Reject Token’s Categorization as Security
As XRP continues to plummet in value due to Ripple’s turmoil with the U. S. Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto exchanges in the nation have refused to delist it. дальше »
2020-12-31 12:30 | |
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Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase
Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »
2020-12-2 21:00 | |
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This Pattern Suggests Bitcoin Could Plummet to $12,000 Before Uptrend Continues
Bitcoin and the entire crypto market are showing some signs of strength on this relatively quiet morning for the markets Following a brief bout of trading below $17,000, the benchmark cryptocurrency has firmly reclaimed this price region It is now attempting to push higher as bears lose steam, which could be a sign that its recent $16,400 lows are a long-term bottom Where the market trends in the mid-term will depend entirely on Bitcoin and […] дальше »
2020-11-29 20:00 | |
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Tezos, Verge, Enjin Price Analysis: 23 November
Bitcoin Dominance continued to plummet on the charts, with the same noting a figure of 64.94%, at press time, down from 67.91% a few days ago. Further down the crypto-ladder, while Tezos enjoyed a breThe post Tezos, Verge, Enjin Price Analysis: 23 November appeared first on AMBCrypto. дальше »
2020-11-24 21:00 | |
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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up
Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »
2020-10-8 02:00 | |
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Analyst: Chainlink Could Still Set Fresh Lows Despite Yesterday’s 30%+ Rally
After a multi-week bought of grinding lower, Chainlink saw a capitulatory decline earlier this week that came about in the form of a sharp downturn. This caused LINK to plummet to lows of under $7. 50 – marking a massive decline from its $20. дальше »
2020-9-26 20:00 | |
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Gate.io Exchange Survives Police Raid
A September 11 visit by police produced pictures of chaos at a Gate. io office. The exchange received a visit from authorities after burned users reported it for fraud. Their gripes centered around the KIMCHI token, a volatile asset that lost investors a lot of money during a September 3 price plummet. дальше »
2020-9-15 17:34 | |
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Bitcoin inflows to exchanges up by 117% in 10 days - What's next?
Bitcoin’s price has dropped by 11% from $11,736 to $10,390 - all in a matter of just 10 days. In fact, some argue that the price may plummet even further with rising liquidity on the horizon. HoweveThe post Bitcoin inflows to exchanges up by 117% in 10 days - What's next? appeared first on AMBCrypto. дальше »
2020-9-13 23:30 | |
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Trading in Downside Market: Why Bitcoin’s Plummet Is An Opportunity For Profit
Last week’s massive sell-off that took bitcoin from $12,050 to as low as $9,875 had many traders turn cautious. Before the sell-off, the market was singing bullish. The new high of 2020 has lured many on-lookers into the market, only to see their recently purchased bitcoin depreciate. дальше »
2020-9-10 19:14 | |
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Recent Bitcoin Top Shares Key Similarities With Black Thursday Plummet
Bitcoin’s recent $2,000 crash sent chills down the spines of crypto investors, turning market sentiment from extreme greed to fear in less than 48 hours flat. The sharp drop brought back all too fresh memories of the mid-March Black Thursday market collapse. дальше »
2020-9-7 19:07 | |
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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »
2020-9-5 05:00 | |
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Bitcoin Still On Track To Hit $13,000 This Month As Bulls Set To ‘Teleport’ BTC
Bitcoin continues on its way to a new all-time, however, just days ago, the digital asset had another massive flash crash because of bots selling and longs getting liquidated. Bitcoin is currently trading at $11,870 but was trading above $12,000 for many hours before the flash crash that saw it plummet to $11,450. This crash […] дальше »
2020-8-15 19:56 | |
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Ethereum Could Soon Plummet 20% Against BTC; Here’s Why
Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. дальше »
2020-6-30 04:00 | |
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Veteran Investor Predicts Doom for Cryptocurrencies, Warning Bitcoin’s Value Could Plummet to Zero
Investor Jim Rogers has now spelled doom for Bitcoin, generally virtual currencies that are not state-backed. This was in a report published by a Japanese media outlet, Aera Dot. He has expressed the sentiment that the governments globally have put a ceiling on how much cryptocurrencies could adopt. He believes that as soon as a […] дальше »
2020-6-29 00:14 | |
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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades
Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »
2020-6-22 01:00 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern
Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […] дальше »
2020-6-10 21:00 | |
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BitMEX Open Interest Collapses Following $25m Bitcoin Liquidation Spree; What This Means
Bitcoin’s recent volatility has led open interest on trading platforms like BitMEX to plummet This has come about amidst a bout of choppy price action, which has led to a massive amount of position liquidations amongst margin traders It is possible that these liquidations are causing more and more traders to move to the sidelines This could lessen BTC’s day-to-day volatility and help it push past $10,000 Bitcoin has seen some volatility in recent times, […] дальше »
2020-6-9 02:00 | |
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Another consecutive fall in mining difficulty could plummet Bitcoin’s price by 10%
Historically, major decreases in mining difficulty have been followed by drops in Bitcoin’s price,... The post Another consecutive fall in mining difficulty could plummet Bitcoin’s price by 10% appeared first on Coin Journal. дальше »
2020-6-5 15:20 | |
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Bitcoin’s Hash Rate Drops to Lowest Level in 2020
Bitcoin’s hash rate has continued to plummet weeks after its third halving, now at its lowest level thus far in 2020. Although Bitcoin’s hashrate temporarily peaked before the halving, it seems that any miners are now getting priced out. дальше »
2020-5-26 11:59 | |
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Bitcoin drops by 10 percent but Commodities Rally might factor in soon
A rocky turn of events for Bitcoin over the last 72-hours saw the largest digital asset plummet in valuation from $9843 to $8879 between 20th May and 21st May. Even though the asset has gained over 40The post Bitcoin drops by 10 percent but Commodities Rally might factor in soon appeared first on AMBCrypto. дальше »
2020-5-22 18:30 | |
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This Binance Orderbook Occurrence Heavy Favors Bitcoin Longs; Here’s Why
The recent volatility seen within the crypto market has led to widespread liquidations amongst Bitcoin traders This has caused the open interest seen across most major exchanges to plummet, with the slow recovery being a sign that many of these traders are now moving to the sidelines One interesting occurrence seen while looking towards the Binance spot orderbook points to aggressive buying amongst active investors. дальше »
2020-5-12 02:00 | |
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