Home > Long

2.2% of All Ethereum Is Long on Bitfinex: 3 Reasons Why This Could Go Wrong

Despite the ongoing retracement in the prices of Bitcoin, Ethereum, and other top cryptocurrencies, investors remain highly optimistic about this market. ETH, especially, has benefited from traders, with data from leading crypto exchange Bitfinex indicating that there are more long positions open for Ethereum than ever before.“What. Is. Happening. 2.2%

Read More

First Mover: Bitcoin Just Got Easier to Mine, But for How Long?

Bitcoin's mining "difficulty" has undergone its first adjustment since last week's halving, dropping the figure by 6%.Mining difficulty is part of an automatic procedure that takes place on the Bitcoin blockchain every 2,016 data blocks, or roughly every two weeks. The mechanism is supposed to help keep the blockchain network humming along steadily: When computational power

Read More

Bitcoin Can Stay Bullish After 15% Retracement as Long as This Crucial Level Holds

Just 24 hours ago, analysts expected for Bitcoin to gun for fresh highs past $10,100. The cryptocurrency was holding $9,800-10,000, seemingly poised to press even higher than it already had.Bears, however, had the upper hand, sending Bitcoin crashing by $2,000 within a day’s time. It was a move that liquidated

Read More