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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


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Silk Road Sell-Off? $800M Bitcoin Wallet Sees Mysterious Movement

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years. Coins Go To Bitfinex, Binance The results of multiple analyses by Reddit user u/sick_silk reveal the owner of the wallet, which first appeared in May 2014 with a balance of 111,114. дальше »

2018-9-3 16:00


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. дальше »

2018-8-11 10:05


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Results show Bitcoin Trade dominated by US dollar, not Japanese Yen

A deep dive by CoinDesk has found methodological flaws in widely-cited bitcoin exchange data that appear to overstate the importance of the Japanese yen as a trading pair. Currently, analytics sites CryptoCompare and Coinhills offer a breakdown of bitcoin trading by currency pair, and until recently the data from both sites indicated that over 50 дальше »

2018-8-3 11:00


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$37 million of bitcoin revenue assist square accelerate increase in q2

Finance Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. Also Read: Coinmarketcap Launches Professional API and Derivatives Markets $37 Million of Bitcoin Revenue Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial дальше »

2018-8-3 21:56


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Wells Fargo Gallup Investor Survey Shows Just 2% of Americans Hold Bitcoin

A new Wells Fargo Gallup Investor and Retirement Optimism Index poll shows that just 2 percent of Americans investors surveyed own bitcoin. These results are from the second-quarter Wells Fargo/Gallup Investor and Retirement Optimism Index survey, conducted online May 7-14, 2018, via the Gallup Panel. The poll was based on US adults who have at […] дальше »

2018-7-29 23:12


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Gallup Poll: 26% of U.S. Investors ‘Intrigued’ By Bitcoin (BTC)

Bitcoin (BTC)–Potential adoption for the top ranked cryptocurrency by market capitalization looks a whole lot better following the release of a new Gallup poll. Quarter of Investors Interested in Bitcoin On Friday, the results of a Wells Fargo/Gallup poll revealed that while only a small percentage of Americans are currently invested in Bitcoin, over a […] The post Gallup Poll: 26% of U. дальше »

2018-7-29 22:42