Cryptocurrency Analysis and News Portal
Stronghold Digital, the bitcoin mining company that converts coal waste into power for its operations, plans to raise between $94 million and $106 million in an initial public offering, according to a filing with the U.S. Securities and Exchange Commission (SEC). Source
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A trader essentially takes a loss on both the collateral and the futures contract. Thus, margin requirements increase at a faster rate with price declines, and longs get liquidated relatively quickly. That, in turn, puts further downward pressure on the market, leading to a deeper slide, also known as leverage
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Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC.So far into October (and the fourth quarter of 2021), the
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Bitcoin’s rally looks to have legs as the ascent is backed by a pickup in blockchain activity and a long-term technical indicator which is about to turn bullish.While bitcoin has gained 30% this month, the user activity on the network, as measured by the seven-day average of the number of
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Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate.In a tweet on Oct. 12, Filbfilb, an analyst at trading platform Decentrader, described what he said was an achievable price target for this month and
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On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high.In its Oct. 11 “Week on Chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows for more than 155 days — are
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Analysts say Bitcoin has started its journey toward a new
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Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure.Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher. It ultimately prompts the price to break out in the
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Bitcoin (BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price teases $58,000 February highData from Cryptox Markets Pro and TradingView showed BTC/USD tracking $57,000 after reaching $57,450 on Bitstamp — its best
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Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs.A classic cocktail of factors has laid the foundation for a Q4 finale which analysts are now confidently comparing to the bull runs of 2013 and 2017.Decoupling from
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