It’s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn.
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It’s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn.
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The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.”
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General consensus seems to be that it’s been all downhill both before and after Bitcoin’s recent 13th birthday.
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Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off.
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Twitter users reacted to the most recent Bitcoin price dump below $40,000 with various levels of emotion.
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Global crypto users could top a billion by the end of 2022, according to a new report by Crypto.com.
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Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off.
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Bitcoin price action visits levels below $38,000 for the first time since August as losses continue to mount.
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