Cryptocurrency Analysis and News Portal
Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days.However, true to the
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Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized finance (DeFi) ecosystem. Ledn co-founder Mauricio Di Bartolomeo, a Venezuelan expat, told CoinDesk this new partnership with stablecoin promoter
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Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar.The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels.There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed
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Bitcoin price is gaining bullish momentum and is trading above $9,500 against the US Dollar.The price is facing a strong resistance on the upside near the $9,820 and $9,850 levels.There is a crucial bullish trend line forming with support near $9,500 on the hourly chart of the BTC/USD pair (data
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Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible during the week.A few events soured sentiment early in the week, which dragged the total market capitalization of the crypto space down to
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There was a strong rise in bitcoin price from above $8,000 and $9,000 against the US Dollar.The price even spiked above the $10,000 resistance, but it failed to hold gains and declined.There is a short term bullish trend line forming with support near $9,080 on the 4-hours chart of the
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Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC).The city announced the hack on its official Twitter account on Oct. 25. The city wrote that it had “detected a network breach which resulted in unauthorised access to its information systems.”
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Bitcoin (BTC) surged $500 in just five minutes today after experiencing a sharp drop on Oct. 23, from $7,950 to $7,450 and sitting at the position for two consecutive days.Cryptocurrency market daily overview. Source: Coin360According to the data from Coin360, BTC gained $536 in minutes, skyrocketing from $7,855 to $8,391.
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