Cryptocurrency Analysis and News Portal
Bitcoin opened the week still stuck in a price range just above $9,000 Monday, moving less than 0.2% from Friday’s close as of 20:00 UTC (4 p.m. ET), according to Bitstamp. At 00:00 UTC on Monday (8:00 p.m. Sunday ET), bitcoin (BTC) was changing hands around $9,115 on spot exchanges such
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Bitcoin has already seen a strong reversal from the highs seen earlier this week.As of the time of this article’s writing, the flagship cryptocurrency trades at $9,200. This comes after it fell as low as $8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long
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Bitcoin has been stuck in a tight consolidation pattern over the past six to eight weeks. Prices have barely deviated from a relatively tight $2,000 range, with each attempt at breaking out failing dramatically as millions of dollars worth of leveraged positions are liquidated.Yet at long last, a big move
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Though at the moment Bitcoin price is far away from its all-time high, some analysts expect a bull run in the near future.The subject of volatility surrounding the world’s largest digital currency Bitcoin keeps the crypto world optimistic about the coins’ next bull run. Currently trading at $8,124, down by
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Last year, when Bitwise Asset Management sent in its analysis report to the United States Securities and Exchange Commission, it stated that 95% of volume on unregulated exchanges appeared to be fake. This sent shock waves through the cryptocurrency industry. Although, within more professional circles, it was not entirely a
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Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address.Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million at
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CNBC’s 2020 Global CFO Survey reveals an extremely bearish outlook on the U.S. stock market, with more than half of respondents calling for the Dow to return below 19,000. The CFO outlook contradicts new forecasts from Goldman Sachs and Bank of America, whose models predict higher stock valuations. Stocks are coming off
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Rosie Perez appeared at Governor Cuomo’s latest press conference. The actress, along with comedian Chris Rock, was there to encourage New Yorkers to wear their masks. Despite criticism, Perez’s appearance shows what New Yorkers truly value: authenticity. Rosie Perez is an icon. On Thursday, she took time out of
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Ethereum has continued trading above $200 despite facing a massive influx of selling pressure earlier this morning that jeopardized its position above this key support level.It now appears that ETH is gearing up for a massive movement in the days and weeks ahead as it continues trading within a multi-week
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After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this week’s shell-shock rumor that Satoshi Nakamoto is liquidating his coins.While it’s too soon to tell whether or not BTC is in a full-blown bull market, a prominent trader says that
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