Cryptocurrency Analysis and News Portal
Today’s crypto market carnage, which brought Bitcoin under $8,000 and Ethereum under $200, caught most off guard. Case in point: over $200 million worth of Bitcoin positions (mostly longs) were liquidated on BitMEX during the move, and likely many more millions were lost on leveraged altcoin positions too.There was one
Read More
Bitcoin (BTC) began its sudden crash due to another giant sell-off from the PlusToken pyramid scheme, analysts are suggesting as BTC/USD lost $8,000 support.According to various online commentators citing Blockchain data, participants in the $2.9 billion scheme are again attempting to rid themselves of their BTC.Mixer moves likely mean
Read More
Ripple is down more than 10% and it tagged the $0.2000 support against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.2150.Ripple price is showing a lot of bearish signs below the $0.2200 and $0.2150 levels against the US dollar.The price
Read More
As anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was
Read More
Bitcoin declined more than $1,500 in the past few days against the US Dollar. BTC is now facing a drop to $8,200 or $8,000 before a strong upward move in the coming days.After forming a short term top, bitcoin price dived below $9,000 and $8,800.The price is currently consolidating above
Read More
After Bitcoin started to tank earlier this week, analysts have been wondering at which point the cryptocurrency will bottom. While traders across the board are divided about the exact answer to this pressing question, there is a rapidly-building case that BTC will soon start to trend higher once again after
Read More
The Dow Jones and Nasdaq Composite both formally entered corrections Thursday morning. Goldman Sachs predicts that the S&P 500 will also enter a correction in the imminent future. Goldman Sachs also predicts 0% earnings growth in 2020 for U.S. firms, as well as possible declines. The U.S. stock market
Read More
Ripple started a strong decline after it broke the $0.2600 support area against the US Dollar. XRP price is currently down 10% and it is likely to extend losses below $0.2400.Ripple price is plunging and it recently tumbled below the $0.2500 support against the US dollar.The price is trading close
Read More
On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified.Earlier in the day, the Italian government instituted a quarantine on 10 towns as the number of people infected by the highly
Read More
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation
Read More