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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear

Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »

2021-5-26 18:19


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Elon Musk Returns To The Bitcoin Circle, Throws Weight Behind The Lightning Network

Days after causing the BTC price drop of the year, Tesla and SpaceX CEO, Elon Musk, is back into the fold, and this time, he’s all about Bitcoin’s Lightning Network. Apparently, Elon Musk castigated Bitcoin for its high electricity consumption, something he said wasn’t good for the environment. Now, Elon is back in the BTC […] дальше »

2021-5-22 17:48


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Ethereum’s EIP-1559 is causing major commotion for this reason

Ethereum developers have just approved a proposal that could change everything we know the network and its native coin to be. Ether is predicted to surge dramatically once the EIP-1559 debuts, and this will be for all the right reasons, including potentially challenging Bitcoin for the front position, as Ethereum proponents have speculated. This is […] дальше »

2021-3-12 12:51


A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan

Besides a Bitcoin ETF eroding GBTC's effective monopoly status and causing a cascade of GBTC outflows, the bank strategists also see more mainstream corporates following Tesla “unlikely.” The post A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan first appeared on BitcoinExchangeGuide. дальше »

2021-2-10 16:07


These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin

Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »

2020-6-22 04:00


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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood

Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »

2020-6-15 22:00


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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