Cryptocurrency Analysis and News Portal
Short-sellers are still shorting Tesla stock and the sentiment around the carmaker in Wall Street remains bearish. But there are three catalysts in September that could fuel the carmaker: stock split, S&P 500 listing, and battery technology day. Tesla is seeing a higher sell-rating than the average Dow Jones stock, data shows. Tesla
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Like Bitcoin, Ethereum has flatlined over the past few months. For just around eight weeks now, the leading altcoin has traded in between $230 and $240, barely deviating from these two levels. Yet an analyst expects a massive breakout should ETH break above an extremely close resistance level. Related Reading: Crypto Tidbits:
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Bitcoin (BTC) must reclaim $9,400 as soon as possible in order to change its bearish course, says Cryptox Markets analyst filbfilb.In an update on social media on July 16, the popular trader warned that the situation facing Bitcoin was fast becoming make or break.Filbfilb: BTC nearing end of the compression
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Bitcoin started a major decline after it broke the $9,500 support against the US Dollar. BTC is now trading below $9,000 and it remains at a risk of more losses below $8,800.Bitcoin is gaining bearish momentum below the $9,500 and $9,200 support levels.The price traded as low as $8,813 and
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This Friday’s Bitcoin (BTC) futures and options expiry has been causing anxiety and excitement amongst traders as the price has oscillated with no clear trend for the past 30 days. There have been moments of euphoria as the price briefly broke the $10,000 level earlier this month, but recently emotions have
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The U.S. stock market is nearing its record high as retail investors show no signs of pulling back. Stocks bull Edward Yardeni says a V-Shape recovery is in the works. Investors are showing more confidence in stocks as the economy reopens. The U.S. stock market is nearing its all-time high as investors dismiss
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Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430.With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high.Fundamentals signs, though, are
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[sociallocker id="55298"] The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC shorts and longs.As of when this story was published, a little over $111.5
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Bitcoin is trading in a positive zone above $9,150 and $9,200 against the US Dollar. BTC could start a strong rally if there is a clear break above $9,400 and $9,500.Bitcoin is slowly rising towards the key $9,400 and $9,500 resistance levels.There are high chances of a strong surge if
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Despite the tepid price action over the past two days, Bitcoin has been on a remarkable rally over the past five weeks.As this outlet reported recently, the cryptocurrency has done so well that as of Monday morning, BTC had printed five — yes, five — green weekly candles in a
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