Just around 12 hours ago, the Bitcoin and Ethereum market saw the biggest implosion since the March 13th “Black Thursday” crash. In the span of just about five minutes, the two leading cryptocurrencies fell off the face of the earth. From its $12,200 highs, BTC fell by $1,650; from its $415 highs, ETH fell by…
Details
On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected…
Details
Bitcoin and Ethereum faced strong liquidation events just 12 hours ago. Even still, Chainlink (LINK) has continued to push higher, basically disregarding what was seen as the worst cryptocurrency crash since “Black Thursday.” As can be seen in the Trading View chart below, the popular altcoin has gained just less than 10% in the past…
Details
Last week it emerged that travel management firm CWT paid a ransom demand of $4.5 million in Bitcoin. Initially, hackers had demanded $10 million to release the fix, saying this is likely cheaper than the legal action that would ensue if their demands aren’t met, not to mention the cost of the damage to the…
Details
It hasn’t been the best past few hours for Bitcoin bulls. The leading cryptocurrency took a $1,500 price drop in the span of about five minutes, liquidating hundreds of millions worth of long positions as buyers were overextended. Bitcoin has since bounced back to $11,300, yet the rejection at $12,000 is still clear as day.…
Details
Bitcoin has seen an explosive past seven days. Per data from Coin Market Cap, the leading cryptocurrency has literally rallied 21% in the past week — one of the best weekly performances in some months. BTC Chart from TradingView.com Despite this impressive performance, analysts are still eyeing even more upside for this embattled market. Related…
Details
As made abundantly clear by derivatives data, there were many market participants caught off guard by Bitcoin’s ongoing rally. In fact, in the past week alone, reports indicate that there was in excess of $1 billion worth of short positions liquidated on margin platforms like BitMEX. Bitcoin rallying 20% in a week, after all, is…
Details
Bitcoin is up over 5% and it surged above the $11,500 resistance zone against the US Dollar. BTC touched the $12,000 market and it seems like the bulls are taking over the crypto market. Bitcoin is gaining bullish momentum and it broke the $11,500 resistance zone. The price even traded above the $11,800 level and…
Details
Ethereum rallied more than 5% and broke the $400 resistance against the US Dollar. ETH price retreated sharply from $415, but technicals suggest uptrend remains intact above $340. ETH price surged above the $380 and $400 resistance levels against the US Dollar. There was a strong bearish reaction from the $415 level and the price…
Details
Ethereum has seen some intense strength throughout the past couple of weeks, and the strong uptrend it is currently caught within isn’t showing any clear signs of coming to an end anytime soon. As it pushes up against its high time frame resistance, analysts are widely noting that it could be well-positioned to see further…
Details
