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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours. дальше »

2021-1-22 14:26


Bitcoin Passed its First Stress Test & Turned Out More Resilient than Other Asset Classes: JPMorgan Report

Bitcoin took its first test and has got “mostly positive” results, according to JPMorgan Chase & Co. This test was the sell-off in March when the price of bitcoin crashed more than 40% just like many other markets — stock market, bonds, and gold — as economies shut down and investors fled riskier assets in […] дальше »

2020-6-14 20:14


Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […] дальше »

2020-6-3 15:20


Фото:

Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement

When Bitcoin crashed to $3,700 in March on the back of a global liquidation in financial markets, there were many throwing in the towel. At the time, there were prominent analysts calling for the cryptocurrency to fall under 2018’s lows, while critics doubled down on their assertions that BTC was a “scam” and an “asset for criminals. дальше »

2020-5-24 04:00