There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern. “A couple more clues developing that lend themselves to HTF distribution. 1. Rising Demand on the verge…
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This week, the altcoin named after an internet meme, Dogecoin, went viral on social platform TikTok. Users of the platform tried to get a hashtag challenge trending in order to pump the coin. However, these new investors unsure if Doge is a stock or an altcoin have now learned the hard way what a crypto…
DetailsA new study released reveals that crypto investors are underprepared for their own untimely demise. Without a plan in place, crypto assets could be lost forever, leaving loved ones without access and out of an inheritance. With so many crypto investors so woefully unprepared for their own passing, what steps can be taken to get…
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Another week, another round of Crypto Tidbits. After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges. The move has since been reversed, with BTC trading at $9,200 as of this article’s writing. This…
DetailsYesterday, rumors began circulating regarding crypto exchange Coinbase going public with an $8 billion stock market listing. While there’s no denying the move would be positive for the space, it would ultimately be an ironic situation for the company and industry. Rumors Suggest Coinbase Is Preparing Stock Market Debut and IPO According to sources close…
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All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first…
DetailsAs Bitcoin becomes a serious financial asset, more top comedians are taking note of the asset. And it’s not acting as a butt of their jokes but as an addition to their investment portfolios. Crypto Rises From Far Corners Of The Internet Full of Memes and More Bitcoin and cryptocurrencies were born unto the underbelly…
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Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that…
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Demand for Chainlink skyrocketed following the weekly candlestick open. As buy orders began to pile up, the decentralized oracles token saw its price rise by 38.5%. LINK surged from $4.75 to reach a new all-time high of $6.60. Despite the substantial upswing, investors seem to have taken advantage of the price action to take profits.…
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Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now…
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