Cryptocurrency Analysis and News Portal
Stepping back, the cryptocurrency ran into selling pressure near $7,350 on Nov. 24 and fell to six-month lows near $6,500 on the following day. The drop, however, was short-lived and prices quickly rose back to $7,380 before printing a UTC close at $7,159 on Nov. 26. The recovery from
Read MoreAnthony Pompliano, a Bitcoin bull enthusiast, says that the hysteria surrounding the price of the BTC will probably increase more and more until there is “real blood on the streets”.In a new note to investors, Pompliano points out that Bitcoin has always forced weak hands to surrender, through extremely volatile
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Bitcoin’s price action has been bearish as of late.Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon.Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels.To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement.
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EOS is slightly recovering as bulls seem to be back in the game The short-term correction is keeping EOS on suspense for a major bullish move Over the past few days, EOS has seen relatively strong growth of about 23% after establishing a mid-year low at around $2.4 on September 25. Recently, the
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Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price.The responseTether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, an announcement that
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Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin seeks to break out of trading rangeData from Coin360 reveals BTC/USD tackling $9,300 on Monday, rising to a 24-hour high of $9,310 on exchanges
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Jack Dorsey, the CEO of Twitter and Square is increasing his stake in the cryptocurrency arena as the Wall Street Journal (WSJ) reports the bitcoin bull investing in CoinList. Dorsey’s other company, Square, is also heavily involved in bitcoin trading. Dorsey Endorses CoinList Speaking to the WSJ on the decision to invest
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Crypto asset prices are not the only thing cooling off as the year draws to a close. Venture Capital investments also seem to be declining but these things happen in a bear market and at least twice before they’ve come running back as soon as the bulls take hold of
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Jihan Wu, co-founder and CEO of Chinese mining giant Bitmain, believes the next Bitcoin (BTC) block reward halving may not lead to a bull market, but the coin’s price will grow in the long term.According to Chinese industry news outlet 8BTC’s report published on Oct. 11, Wu made his
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Ethereum Still Has Much to GrowFor most of this year, all eyes have been on Bitcoin, the leading cryptocurrency by market capitalization.Indeed, altcoins, including Ethereum and XRP, have suffered heavy losses this year, both in terms of price and investor interest. Altcoins are doing so poor, in fact, that the
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