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Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during […] The post Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums appeared first on Bitcoin News. дальше »
2020-9-4 18:45 | |
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$0.22: Ripple (XRP) Bears Aim Big After Recent Slide Below $0.25
Ripple declined heavily along with bitcoin and ethereum against the US Dollar. XRP price even broke the $0. 2500 support zone and it is currently correcting losses. Ripple is down over 10%, and it broke the $0. дальше »
2020-9-4 10:48 | |
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Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2. 4 million during the second quarter of 2020, down from $5. 6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession. дальше »
2020-9-3 08:00 | |
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“High Ethereum Network Gas Fees Causing Problems For Most Exchanges” Binance CEO Laments
The CEO of Binance Changpeng Zhao has recently revealed that cryptocurrency exchanges are continually accumulating losses that could potentially continue to increase as a result of the exorbitant gas fees on the Ethereum network. дальше »
2020-9-3 20:59 | |
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Crypto Market Dumps as Binance & Coinbase Crash While Bithumb Exchange is Seized
After a good start of September and the week that saw Bitcoin surging back above $12,000 and Ether making a new 2-year high, today it all turned red. The markets suffered losses after the leading digital asset failed to sustain above $12k level and dropped to $11,155 today on Bitstamp. дальше »
2020-9-3 19:45 | |
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Blockchain Bites: Patoshi’s Patterns, Canaan’s Losses, DeFi’s ‘Weird’ Moment
Decentralized exchange volumes climb for a third straight month, Tezos settled a class action and Coinbase added a16z and DoorDash executives to its board. дальше »
2020-9-2 19:04 | |
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Bitcoin Losses Big Time Both Inside & Outside the Crypto Market This Month
In another repeat performance, Bitcoin is uptrending towards $12,000. After a week, today the largest digital asset is trading above $11,750. Starting the month around $11,250, bitcoin is looking to end this month at +4. дальше »
2020-8-31 19:45 | |
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Zcash, Monero, Tron price analysis: 30 August
Bitcoin dipped to $11,200 zone after reaching $12,500 in the past two weeks. This downward move caused losses across the market, with some coins seeing much of their recent gains wiped out. As BitcoinThe post Zcash, Monero, Tron price analysis: 30 August appeared first on AMBCrypto. дальше »
2020-8-30 15:00 | |
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Binance Coin, EOS, VeChain Price Analysis: 29 August
Binance Coin regained most of the losses following its most recent pullback, with BNB prepping for another upward move on the charts. At the time of writing, VeChain was showing strong bearish signalsThe post Binance Coin, EOS, VeChain Price Analysis: 29 August appeared first on AMBCrypto. дальше »
2020-8-29 14:00 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Bitcoin Bulls Defend Critical Level as Traders Target Upside
Bitcoin bulls have been able to catalyze some slight momentum today that erased all of the losses that came about as a result of yesterday’s dip. Analysts are now noting that the benchmark cryptocurrency may be well-positioned to see further near-term upside, which could come about as a result of the strong support that was […] дальше »
2020-8-28 19:00 | |
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Bitcoin News Roundup for Aug. 28, 2020
With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup! дальше »
2020-8-28 19:00 | |
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Ethereum’s Gain is Also Its Loss Amidst the Continued Institutionalization
Yesterday, the largest digital asset took a hit and went down to about $11,110 level. Naturally, this then translated into losses for altcoins. Altcoins went down hard with Cardano (ADA) being the biggest loser among the top cryptocurrencies while Aave (LEND) remaining the biggest gainer hitting yet another all-time rushing for $1 — up 67% […] The post Ethereum’s Gain is Also Its Loss Amidst the Continued Institutionalization first appeared on BitcoinExchangeGuide. дальше »
2020-8-26 22:17 | |
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Bitcoin in a bullish cycle but expect pullbacks of 40% Analysts say
Bitcoin has dropped nearly 9% since hitting $12,485,but could see more losses according to... The post Bitcoin in a bullish cycle but expect pullbacks of 40% Analysts say appeared first on Coin Journal. дальше »
2020-8-26 18:37 | |
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LEND Jumps Another 11% on Bloody Crypto Day; Correction Ahead?
Decentralized finance asset LEND continued its gravity-defying price rally ahead of the New York opening bell Wednesday even as its peers across the crypto space suffered sizeable intraday losses. The 21st-largest cryptocurrency surged 11. дальше »
2020-8-26 16:00 | |
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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level
Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »
2020-8-22 19:00 | |
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Bitcoin Exhausted with ‘Major Market Driving’ Event Next Week
In yet another drop this week, Bitcoin fell even lower to as low as $11,390. Since falling to that level, we have recovered a bit to move back above $11,500. These losses came despite the open positions in bitcoin derivatives hitting new all-time highs this week, both bitcoin futures and options markets now have a […] дальше »
2020-8-22 18:22 | |
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Banking Sector Bleeds in 2020 While DeFi Records 900% Growth
In 2020, we saw the Oracle of Omaha, Warren Buffett selling all his positions in banks that included; Goldman Sachs, JPMorgan Chase, Wells Fargo, and others. Given that the banking sector of Dow Jones, Nasdaq, and S&P 500, all three remain under losses, negative 35% returns YTD, it makes sense that even Buffett has jumped […] дальше »
2020-8-21 20:44 | |
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Another March-Like Deep Crash in Bitcoin Price ‘Unlikely’ with Selling Pressure Declining
Since hitting a new 2020 high, last seen 13-months back in early July 2019, Bitcoin is back to ranging, currently around $11,700 in line with declining volume. Bitcoin’s failure to sustain above $12,000 level and the latest round of losses has the market worrying about a repeat of the March sell-off that saw the largest […] дальше »
2020-8-20 16:05 | |
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Traders Beware: Bitcoin Jump to $12K a “Fakeout,” BTC May See Further Losses
Long-time Bitcoin holders have taken advantage of the recent bullish price action to realize profits. Now that prices have retraced, data suggests that further losses are on the way. Bitcoin... дальше »
2020-8-20 15:52 | |
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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »
2020-8-19 20:30 | |
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Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff
Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »
2020-8-13 23:00 | |
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Bitcoin’s Recent Correction Turns Support into Resistance, Suggesting Further Losses
Bitcoin has been rejected several times by a crucial resistance level over the past few days, which was the only obstacle before heading towards $14,000. Now, several on-chain and technical... дальше »
2020-8-13 16:33 | |
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Warren Buffett Buys Berkshire Hathaway Stock Worth $5.1 Billion as COVID-19 Hurts Earnings
Coinspeaker Warren Buffett Buys Berkshire Hathaway Stock Worth $5. 1 Billion as COVID-19 Hurts EarningsBerkshire Hataway to writedown a whopping $9. 8 billion as losses from its aircraft industrial manufacturing company Precision Castparts. дальше »
2020-8-9 13:53 | |
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Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level
Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […] дальше »
2020-8-8 02:00 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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Chainlink’s LINK Is Fast Approaching $10; Up 9,200,000% from the March Lows
Chainlink continues to be decoupled from bitcoin and the rest of the cryptocurrency market. While the crypto market is recording slight losses, the digital asset LINK is moving in another direction altogether. дальше »
2020-8-4 17:25 | |
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Deceived Crypto Investors Launched Their Own Scam to Recoup Losses
Investors in China launched a crypto scam after being deceived themselves — and got busted by the police.
дальше »2020-8-4 23:56 | |
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GLE Stock Down 3%, Societe Generale Languishes in Losses in Q2 Due to COVID-19
Coinspeaker GLE Stock Down 3%, Societe Generale Languishes in Losses in Q2 Due to COVID-19Societe Generale (SocGen) reported a net loss of about 1. 26 billion euros ($1. 48 billion) for Q2 2020 after missing market expectations as it set aside more capital to mitigate COVID-19-related negative impacts on its business. дальше »
2020-8-3 14:02 | |
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Macro Analyst Explains Why Shorting Bitcoin is a Bad Idea
Bitcoin is still bullish and could reverse its weekend losses in the coming sessions, according to Marc Principato of Green Bridge Investing. The macro analyst said late Sunday that shorting the cryptocurrency in a broader uptrend is a bad idea. дальше »
2020-8-3 12:27 | |
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Learn how to mix at MyCryptoMixer.com, the leading Bitcoin mixer in 2020
On June 24, the IMF published its quarterly World Economic Outlook report, describing the COVID-19 induced lockdown as the worst economic downturn in 90 years and predicting a total of nine trillion dollars of losses by 2022. дальше »
2020-7-31 16:06 | |
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Crypto Hedge Fund, Tetras Capital, That Managed $33M At One Point to Close After 75% Loss
Tetras Capital, the New-York based crypto hedge fund which was launched to encourage altcoin trading, is going to shut down amid growing losses. It was later revealed that their strategy was about shorting ETH, the second-largest cryptocurrency by market cap. дальше »
2020-7-28 19:56 | |
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Whale Alert: $27M From 2016 Bitfinex Hack Is on the Move
The monumental 2016 hack resulted in one of the single-largest losses in bitcoin of all time. дальше »
2020-7-28 23:40 | |
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DeFi Token LEND Breaks Parabola Support; More Losses Ahead?
LEND, the native token of non-custodial lending platform Aave, fell almost 40 percent from its year-to-date top of $0. 384. The plunge followed a steep 2,000 price rise that occurred amid a hype-oriented boom in the decentralized finance sector. дальше »
2020-7-27 16:01 | |
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Deduct Crypto Trading Losses From Taxes with Cointracking
For anyone who bought Bitcoin and other cryptocurrencies when their prices were high, there’s a silver lining around the gray state of crypto markets now. Any losses taken could place traders in a lower tax bracket. дальше »
2020-7-25 16:52 | |
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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?
Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »
2020-7-22 23:00 | |
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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00 | |
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Bitcoin Triggers First Sell Signal Since Last Month While S&P 500 Moves Closer to ATH
Today, the markets have been extending the losses from yesterday. Not just bitcoin but stocks also started by incurring losses despite better than expected retail sales and stable unemployment data, but as economist and trader Alex Kruger said, “the market has stopped reacting to it in the past few weeks.” What has been affecting the […] дальше »
2020-7-17 15:36 | |
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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JPM Stock Up 0.57%, JPMorgan Reports Strong Q2 Earnings Despite Uncertainty in Economy
Coinspeaker JPM Stock Up 0. 57%, JPMorgan Reports Strong Q2 Earnings Despite Uncertainty in EconomyJPMorgan's corporate and investment banking businesses did pretty well during the pandemic period which helped the Wall Street giant to offset the losses of its consumer retail and commercial business. дальше »
2020-7-15 11:06 | |
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