Cryptocurrency Analysis and News Portal
May 19's price crash in the Bitcoin (BTC) spot market wiped about $7.56 billion worth of long-leveraged positions from cryptocurrency derivatives markets.Leveraged bullish investors winded up around $7.5 billion in longs on May 19. Source: BybtThe event marked the biggest bullish leverage wipeout since March 2020. Retail and institutional investors
Read More
Bitcoin price was dumped yesterday by over 20% against the US Dollar. BTC is recovering from $30K and it might attempt a bullish reversal above $40K. Bitcoin tumbled below the $40,000 and $35,000 support levels. The price is now trading well below $42,000 and the 100 hourly simple moving average. There is a
Read More
Up 150.3% over the past 14 days, VeChain (VET) trades at $0,23 with 15.6% and 84.4% profits in the daily and weekly chart, respectively. In addition to the rally, the company celebrated a major milestone that could give a new impulse to its corporate adoption. VET with strong gains in the
Read More
The Ontario Securities Commission (OSC) from Canada has approved four Ethereum Exchange Traded Funds (ETFs) to be launched on April 20, 2021. The financial products were petition by CI Global Asset Management, Galaxy Digital, Purpose Investments, and Evolve ETFs. Three months ago, Canada became the first country in North America to
Read More
Bitcoin price is down from fresh all-time highs set this week ahead of the Coinbase Global Nasdaq public rollout, but there are still no signs of the bull run ending. A powerfully bullish pattern, however, has began to shapeshift and is in the midst of transforming into a bearish pattern instead.
Read More
Whether it was capital being moved from Bitcoin into COIN during its stock market debut or if it was a classic sell the news event, the top cryptocurrency is red on the day. Bulls were expected to steal the show today but instead, there’s been a 5% intraday drop from today’s
Read More
Bitcoin price is diving currently, shaking up the crypto market as a whole. In addition to the correction in the top cryptocurrency by market cap, altcoins have taken an even more severe beating. With top alts like Ethereum and Litecoin are seeing an even further drop on BTC trading pairs, Bitcoin
Read More
Within a week of its IPO, Bitcoin and crypto exchange Coinbase has generated great hype. Its earnings report for Q1 2021 could have an impact that will be felt throughout the crypto market. Coinbase Will go public on April 14th, after some controversy. The exchange’s estimated valuation sits at $100 billion
Read More
Bitcoin price is consolidating gains above the $58,000 resistance against the US Dollar. BTC is likely to surge above the $59,500 and $60,000 resistance levels in the near term. Bitcoin is showing a lot of bullish signs, but it is still below the $60,000 resistance zone. The price is trading nicely above
Read More
Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have become optimists after Visa initiated a pilot to settle transactions in USD Coin (USDC) through the Ethereum
Read More