Why shorting Bitcoin is no longer advantageous

2020-12-24 20:30

Bitcoin's price took a minor hit in the last 24-hours, with the cryptocurrency's price dipping below $23k briefly, before recovering to trade at $23,162. The aforementioned time period was also evidenThe post Why shorting Bitcoin is no longer advantageous appeared first on AMBCrypto.

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bitcoin advantageous longer price shorting time period

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Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee

One Bitcoin whale has just moved 49,922 Bitcoin (BTC) for a fee of just 60 cents. It’s yet another example of how cheap and advantageous Bitcoin still is. Is Bitcoin too expensive? It seems clear from today’s transaction, that the leading cryptocurrency is still far cheaper than retail banking, especially if you are moving large […] The post Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee appeared first on BeInCrypto.

2020-2-4 15:02


Bulls Regain Territory; Bitcoin Bounces Back Above $12,600

The market is making a correction and trading prices are pumping up by the seconds. Bitcoin amongst many others have attained gains as this correction was an advantageous one as anticipated. Between the last 12hrs, the bulls have stepped in with more than 10% increase in trading volume, which quickly led to a breakout in […] The post Bulls Regain Territory; Bitcoin Bounces Back Above $12,600 appeared first on ZyCrypto.

2019-7-9 13:00


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).

2019-4-3 00:47


Indian Institute of Tech (IIT) Professor: A 51% Blockchain Attack on Bitcoin Isn’t Advantageous or Profitable

It seems that it might be more difficult than expected to perform a 51% attack on Bitcoin’s network. According to Professor Saravanan Vijayakumaran, an Associate professor at the Indian Institute of Technology (IIT) Bombay, a 51% attack on Bitcoin’s network would require ‘significant expenditure’ and would provide ‘little financial returns.’ This information was released in […]

2018-11-28 00:16


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Breaking down Bitcoin's week as 'Trump Trade' frenzy lifts crypto

BTC’s 8% election pump outperformed U.S. stocks.  Whale entities trimmed exposure despite the post-election bullish expectation.  Bitcoin [BTC] surged nearly 8% to a new all-time high (AThe post Breaking down Bitcoin's week as 'Trump Trade' frenzy lifts crypto appeared first on AMBCrypto.

Bitcoin: How Donald Trump's 11 crypto promises can shape BTC's future

As Trump won the U.S. presidential elections, Bitcoin soared more than 7.7%. The crypto community is waiting to see if Trump can fulfil his promises. The United States, an economic powerhousThe post Bitcoin: How Donald Trump's 11 crypto promises can shape BTC's future appeared first on AMBCrypto.

Bitcoin ETFs could 'maybe triple gold ETFs,' explains analyst - How?

ETF analyst expects Bitcoin ETFs to surpass gold ETFs in upcoming years. BTC ETFs see outflows for the third consecutive day. In a recent interview with Natalie Brunell, Eric Balchunas, seniThe post Bitcoin ETFs could 'maybe triple gold ETFs,' explains analyst - How? appeared first on AMBCrypto.

Bitcoin's price breaches $75,000 to hit new ATH - Is $86,000 next to fall?

Bitcoin cleared its March high, pushing it towards a new ATH on the charts Metrics suggested the crypto could potentially go as high as $80k   Bitcoin [BTC] is in the news today after it bThe post Bitcoin's price breaches $75,000 to hit new ATH - Is $86,000 next to fall? appeared first on AMBCrypto.