Here’s The Level Bitcoin Bulls Must Reclaim For Setup To $49K

Bitcoin recently had a crash below $30k this week. For the first time since January 2021. $30k had been the stronghold for the coin for a long time since bitcoin began its descent down for its $64k all-time high. дальше »

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AAVE Breaks Down From Yearly Range – What’s Next?

Aave (AAVE) has been decreasing since May 18 but only recently broke down below the $315 horizontal support area. The post AAVE Breaks Down From Yearly Range – What’s Next? appeared first on BeInCrypto. дальше »

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DeFi Token Weekly Round-Up - 26th June 2021

DeFi Token Weekly Round-Up - 26th June 2021. Pro-trader Josh Olszewicz breaks down his chart perspective view on the DeFi realm. Watch and find out what the charts say this week for LINK, COMP, UNI - and many more дальше »

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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market

Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »

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Chinese Bitcoin miners ‘not even in the mood to drink anymore’

Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline.

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Bitcoin (BTC) Reclaims $33,000 After Sweeping Lows

Bitcoin (BTC) broke down yesterday, falling to a low of $28,805. However, it rallied back up almost immediately, reaching a close of $32,509. The post Bitcoin (BTC) Reclaims $33,000 After Sweeping Lows appeared first on BeInCrypto. дальше »

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Dogecoin: Why 'Even Elon can't save this with his tweets'

As Dogecoin was down 74.69% from its ATH 45 days ago, all eyes turned to the self-proclaimed Dogefather for some price-pumping tweets. Musk had single-handedly taken a meme-coin and placed it on a pedThe post Dogecoin: Why 'Even Elon can't save this with his tweets' appeared first on AMBCrypto. дальше »

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Hedge fund that shorted GameStop closes as $1.13B GME stock offer completes

GameStop has completed a stock offer worth nearly $1.13 billion to fund growth, while a hedge fund that incurred losses from shorting GME is closing down. дальше »

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XRP, Cardano, Dogecoin Price Analysis: 22 June

Following Bitcoin’s freefall starting 21 June, the market's alts fell significantly and made lower lows. The total market capitalization came down by 16% at press time and stood at $685 billion. дальше »

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Bitcoin, Litecoin, Chainlink Price Analysis: 22 June

Bitcoin fell by nearly 22% over the weekend owing to the latest in China's mining crackdown episode. Needless to say, most altcoins plummeted too and the volatility showed no signs of settling down. дальше »

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DeFi Index Falls as SUSHI and UNI Break Down

The DeFi Index (DEFIPERP) is breaking down from a long-term ascending support line.  Uniswap (UNI) has broken down below the $17. 50 horizontal area. SushiSwap (SUSHI) has broken down from the $8. 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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As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. 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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Bitcoin 2021 ROI Nearly Wiped Out After Worst Quarter Since 2018

Bitcoin sees its worst quarter since Q1 2018, with returns falling down by 45. 91%. As per the data released by Skew. , the worst quarter in BTC history was Q1 2018, where the returns were almost -50%. 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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Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown

Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd. , a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch of mining machines to Kazakhstan. дальше »

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London-Based Hedge Fund That Shorted GameStop (GME) Shuts Down

White Square Capital has outlined plans to close its doors this month, with the… The post London-Based Hedge Fund That Shorted GameStop (GME) Shuts Down appeared first on Coin Journal. дальше »

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Binance Coin, Polkadot, Uniswap Price Analysis: 22 June

With the bearish market beating down on every coin, total market capitalization fell by 11.5%. On the back of Bitcoin’s movement, most altcoins including Binance Coin, Polkadot, Uniswap made a quickThe post Binance Coin, Polkadot, Uniswap Price Analysis: 22 June appeared first on AMBCrypto. дальше »

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Alipay, banks, and lenders join PBoC in boycotting crypto

China recently cracked down on cryptocurrencies once again, this time by essentially kicking out Bitcoin miners. The move caused the BTC/USD price to crash over the last week, and particularly over the weekend. дальше »

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China cracks down on crypto mining causing BTC price to go down

China has been working hard on getting Bitcoin miners to leave its country, and the most recent effort to do this took place over this past weekend. The crackdown had greater consequences than just getting the miners out of the country, however. дальше »

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Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations

The Polywhale decentralized finance (DeFi) protocol has been shut down with the team selling off their tokens in what appears to be the latest rug pull. The post Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations appeared first on BeInCrypto. дальше »

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Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC

David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. дальше »

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XRP, Dogecoin, MATIC Price Analysis: 21 June

The last 12 hours have been rather terrible for the market as all the coins including the king coin fell severely. Total market capitalization came down by 7.8% at press time. XRP, Dogecoin, MATIC eacThe post XRP, Dogecoin, MATIC Price Analysis: 21 June appeared first on AMBCrypto. 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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Polywhale Finance founders accused of rug pull amid abrupt shut down

The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday. дальше »

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Iran: Authorities Suspend Activities of Iran Blockchain Association

The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA whichRead More дальше »

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China’s AgBank Vows to Crack Down on Cryptocurrency Transactions

According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies. дальше »

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China wipes out 90% of bitcoin mining activities as hashrate is down to an 8-month low

The entire crypto market is down more than 10% in the last two days as China is cracking down on large-scale bitcoin miners. This is no longer FUD as we have observed the hash rate drop to an eight-month low. дальше »

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Polkadot, VeChain and Tron Price Analysis: June 21

With the Chinese mining crackdown and anticipated regulatory scrutiny, Bitcoin experienced a drop of 7% in the last 24 hours. Other altcoins too have been trading in a bearish zone. DOT was down by 10The post Polkadot, VeChain and Tron Price Analysis: June 21 appeared first on AMBCrypto. дальше »

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Five Biggest Altcoin Gainer Showcase — June 14-21

BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue? The post Five Biggest Altcoin Gainer Showcase — June 14-21 appeared first on BeInCrypto. дальше »

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Banks fall in line as China’s central bank cracks down on crypto accounts

AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities. дальше »

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Bitcoin hash rate hits 8-month low as Chinese miners power down

Bitcoin’s hash rate plummets to roughly 91 EH/s as Sichuan miners close up shop.

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. 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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Crypto Market Forecast: Week of June 21st 2021

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin dips as China's Sichuan province clamps down on mining activity, Ethereum gets closer to deploying the London hard fork, and Binance prepares to launch an NFT marketplace. дальше »

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Market corrections are not affecting Ethereum holders much as 75% of accounts will remain in profits, even if ETH price drops below 1000$ in future

The on-chain metrics show long-term Ethereum holders are in significant profits, despite the market free falling to $2100. Even if the price drops down below $1000, more than 75% of the total addresses would still be in profit. дальше »

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When is the right time to buy Bitcoin?

'Resist the urge to close down positions. If you have the emotional and financial resources, go the other way'. . . this is a trading mantra that's echoed on several platforms for several assets. дальше »

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How This Mark Cuban-Endorsed Crypto Token Crashed From $50 To $0 Within 24 Hours

Billionaire Mark Cuban has been making rounds in the cryptocurrency community following the crash of the Titan token. The cryptocurrency market is a very volatile market, and every participant of the market, especially long-term investors is well aware of the fact that prices go up as fast as they go down. However, with the titan […] дальше »

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Crypto Market Sheds Billions as Top 100 Assets Down

It's a down day for the cryptocurrency markets, with gains in sight, data reveals. дальше »

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »

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Bitcoin’s Weekend Weakness: Yields Crash and Go Negative, OI Is Still Halved From Peak

While gold is getting crushed down 8.14% this month while the US dollar has soared to 92.4, aiming for a 2021 high of 93.43. The post Bitcoin’s Weekend Weakness: Yields Crash and Go Negative, OI Is Still Halved From Peak first appeared on BitcoinExchangeGuide. дальше »

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How China Bitcoin FUD Is Lowering The Cost To Produce BTC

Bitcoin FUD out of China might be helping to lower the cost to produce BTC. The news of the crackdowns on mining farms in China has rocked the market lately. Entire mining operations were shut down and they had to be moved to other sites. дальше »

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Bitcoin Top And Bottom Metric Reaches Historically Oversold Level

Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. дальше »

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China Will Knock Out The U.S. In The Race For Crypto Adoption, Coinbase Co-Founder Asserts

China, which has long dominated other countries in Bitcoin mining power and adoption, but has also recently clamped down hard on bitcoin miners, is now being touted as the country that will likely beat the U. дальше »

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Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators

While good for the decentralization of bitcoin mining, China shutting down bitcoin mining operations is “not healthy” for the cryptocurrency because it lowers the historic price floor for BTC. The post Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators first appeared on BitcoinExchangeGuide. дальше »

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Dow, Bitcoin, Gold, Everything Falls

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Local Reports Indicate Bitcoin Miners In Sichuan Have Been Ordered To Shut Down

Officials in Sichuan, a major bitcoin mining hub in China, have reportedly issued a shutdown order for bitcoin mining operations there. дальше »

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