Cryptocurrency Analysis and News Portal
Bitcoin has had a tough week, to say the least; after peaking at $9,200 on Saturday, the cryptocurrency started a precipitous decline, falling through support level after support level as if they were irrelevant.Indeed, at the crash’s worst on Friday morning, the cryptocurrency had reached a price as low as
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A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000.Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern. Investopedia defines it counter, which is called Head and Shoulder Pattern, as a “reliable” indicator in predicting an asset’s
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A massive recovery in the Dow Jones late on Friday helped lift the index to just a 350-point loss. A huge spike in trading volumes suggests a short covering lifted the U.S. stock market of an uncertain weekend. Trump is believed to be weighing tax cuts as part of
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Bitcoin (BTC) is having its third-best month in history, says the creator of a forecasting model that calls for a $100,000 price in 2021.In a tweet on Feb. 14, PlanB, the analyst behind the stock-to-flow model, said many were ignoring just how successful February has been for Bitcoin.February 2020
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A cryptocurrency exchange that only launched in the last few months says it has been hit by a hack that it can't afford to cover.Altsbit – a platform reported to be based in Italy, though it doesn't make this clear on its website or social media – announced the breach
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The read.cash blog has been a resource for the Bitcoin Cash (BCH) community for a while now but ever since the recent
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On January 3, 2020, the Bitcoin network officially turns 11 and the technology has transformed the lives of many. Since blockchain’s inception,
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Crypto Fund Research, one of the largest databases of crypto hedge funds based in San Fransisco, conducted an analysis and found out that almost 70 crypto hedge funds will be closing this year, as reported by Bloomberg. The hedge funds in focus mainly catered to family offices, pensions and affluent
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Bitcoin needs to rise by more than $1,000 in the next three days to invalidate bearish pressures, according to Mike Novogratz and Willy Woo. Source
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Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been pushed back across $7,000 with buyers showing interest in prices below the $7K handle.The loss in Bitcoin valuation has dragged the
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