Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin's head of market development Matthew Ficke. "Price movement like we saw yesterday typically attracts short-term traders trying to position for a larger
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May was a busy month for corporate insiders. Several high-profile stock sales suggest business leaders have a gloomy outlook. A CFO survey shows more than half of the world’s finance chiefs are expecting the market to retest its lows. The U.S. stock market rally has been unstoppable over the past two months. Despite a
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Bitcoin is trading in a bearish zone below $9,000 against the US Dollar. BTC price is likely to accelerate lower if it breaks the $8,680 and $8,600 support levels.Bitcoin is declining and trading well below the key $9,100 pivot level.The price is likely to continue lower towards the $8,400 and
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The median U.S. home price hit a new record in April, but the reason why is anything but an optimistic indicator. The apparent heat in the housing market is superficial at best. The true health of the market will be revealed once the deferral benefit is over. The housing
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The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to $6,000.Now the U.S. and China are on the verge of reigniting a new trade
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Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect.According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million
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Major crypto exchange Bitfinex, while experiencing a sharp plunge in BTC balance since mid-March, is now holding more ETH than the total value locked (TVL) in the decentralized finance (DeFi) market. Bitfinex Ethereum Balance Crosses 4 Million Tweeting on Tuesday, May 12, 2020, Elias Samos, Senior Research Analyst for digital assets platform
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Ripple failed to stay above the $0.2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0.2000.Ripple price topped near the $0.2269 level and declined recently against the US dollar.It is now trading well below the $0.2200 pivot
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In the wake of the crash to $3,700, investors thought Bitcoin was on a certain path to fresh macro lows under $3,100. But, this has quickly changed as the cryptocurrency has embarked on a stunning recovery, reaching $7,500 last week on the back of hype regarding the May 2020 block
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Bitcoin price closed last night’s weekly candle as a shooting star doji, which could signal that a powerful reversal and epic plunge is coming when formed at the top of an uptrend.Is there more downside in Bitcoin’s near term future? Or was the recent drop to under $4,000 the final
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