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Is The Prevailing Rally A Fakeout or Real BTC Rally? Why Recent 50% Tanking Explains The Former

During the weekend, Bitcoin recorded the largest single-day price pump of 12.5% in a single day in the last six weeks and the entire crypto market added more than $100 billion in value. The recent pump largely defies the expected bearish trend late last week, causing speculation by some analysts that it was a fake-out pump […] дальше »

2021-7-28 17:49


Reports Show China Lost Bitcoin Hash Power Before Conducting The Crackdown

In recent times, China has made moves to halt all forms of Bitcoin mining in its vicinity. According to the government, the operation is consuming more energy than necessary. There have been concerns on how the crackdown will affect crypto prices, given that other countries also picked up the trend. China’s action led to a […] дальше »

2021-7-20 01:20


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Bitcoin Price: Support For $30,000 May Soon Fail, Guggenheim’s Scott Minerd Asserts

Speculation continues to mount on the ultimate direction of Bitcoin with a decent number of people believing that the asset’s current price is ripe to resume another bullish trend. However, on Friday, July 16, Scott Minerd, the Global Chief Investment Officer of global investment advisory firm Guggenheim Partners came under heavy criticism from Bitcoin maximalists […] дальше »

2021-7-20 20:10


For the first time this year, Bitcoin's correlation with this index flipped negative

Bitcoin price tried to move away from the support at $32,954, but the price consistently corrected to this price level. This trend has been evident since the fall in May and despite price breaching suThe post For the first time this year, Bitcoin's correlation with this index flipped negative appeared first on AMBCrypto. дальше »

2021-7-14 05:00