Cryptocurrency Analysis and News Portal
At the beginning of the recent drawdown, Thor’s strategies traded out of bitcoin and ethereum and into cash where they remain today. Roth said that his strategies are designed to avoid trading as crypto prices move sideways and that he probably won’t reenter the market until bitcoin prices break above
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"Due to a combination of circumstances beyond our control, including volatile market conditions, and the resulting financial difficulties of our key business partners, to maintain the integrity of our platform, we would be pausing withdrawals until further notice," the exchange announced on Twitter. Source
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Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage. Pinheiro is currently ranked 15th in her UFC division and has
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Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNext move "likely sets direction going forward"Data from Cryptox Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000,
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On-chain data shows Bitcoin whales are transferring large amounts to derivatives exchanges right now, a signal that more volatility could be ahead for the crypto. Bitcoin All Exchanges To Derivatives Flow Continues To Show High Value As explained by an analyst in a CryptoQuant post, BTC whale activity on derivatives exchanges still
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Bitcoin was recently trading at about $21,100, a more than 5% increase over the past 24 hours that helped the largest cryptocurrency regain much of the ground lost the previous day. Ether, the second largest crypto by market cap, was changing hands over $1,140, an 8% gain. Other major altcoins
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Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor’s comments come in the wake of Bitcoin slipping below the magic $21k price level that has
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Maximalist Bitcoin holder and the Chairman and CEO of the MicroStrategy company, Micheal Saylor, is still bullish on the Bitcoin despite the bearish market. While commenting on the new regulatory bill of June 07 in an interview with CNBC on June 08, he predicted Bitcoin’s price to be around $1
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Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said. Source
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The chart below shows a lower amount of short liquidations over the past two weeks. That suggests a majority of sellers have not capitulated, which typically occurs at an extreme price low. Instead, long liquidations have been more severe, reflecting an unwind of bullish positions on each successive price drop
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