Cryptocurrency Analysis and News Portal
As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short. A trader named AthenaBank wrote on May 10:Deleverage? Binance close my short after I make 7 times my investment. What's going on? Where is my short?
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Ethereum is down more than 10% and it broke the key $200 support against the US Dollar. Bitcoin’s decline is increasing pressure on ETH and it could decline further to $175.ETH price is gaining bearish momentum and it broke the key $200 support zone against the US Dollar.It is now
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Bitcoin is down more than 10% from the $10,090 high against the US Dollar. BTC found support near the 100-day simple moving average and it could start a fresh increase.Bitcoin climbed to a new monthly high at $10,097 before starting a downside correction.The recent pre-halving dump found support near the
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The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, hit the psychological barrier of $10,000 but immediately rejected. Meanwhile, the sentiment is shifting from fear towards greed as the Crypto Fear & Greed Index is now above 50 for the first time in three months.However, altcoins have been
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Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks.After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the
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Bitcoin briefly closed above $6,400 for the second time in seven days.The cryptocurrency later pulled back by circa $400 amid profit-taking.It found support near $9,000, raising concerns about an extended move towards $7,500.Bitcoin’s impressive rebound from its mid-March lows extended its upward move above $6,400 on Wednesday. But the price
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The transparency of blockchain technology can be used to determine investors’ sentiment towards a given asset. By evaluating what large Bitcoin holders are doing, for instance, it is possible to estimate future price slumps or bullish impulses.Under this premise, Santiment, a behavior analytics platform, maintains that large BTC whales are
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Bitcoin is struggling to gain bullish momentum above $9,000 against the US Dollar. BTC must climb above $9,200 to set the stage for a rally towards $10,000 in the near term.Bitcoin is trading in a broad range below the key $9,200 resistance zone.The price is consolidating above $8,800 and the
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Bitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400.Bitcoin is facing a major resistance near the $9,000 and $9,020 levels.The price is trading above the 100 hourly simple moving average, but struggling
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Supply chains have ground to a halt and dozens of millions are unemployed but this hasn’t stopped crypto from getting a big fundamental boost: one of Silicon Valley’s most respected venture capital firms just raised half a billion dollars to invest in industry startups.Related Reading: Crypto Tidbits: Bitcoin Hits $9ks,
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