Bookmarking Crypto Insights
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Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction? Go to Source Powered by WPeMatico
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low. Go to Source Powered by WPeMatico
The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion. Bitcoin Price Plunges Below $29K Cryptocurrency markets have seen better days as the entire … Read more
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation. Go to Source Powered by WPeMatico
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Go to Source Powered by WPeMatico
Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge. Go to Source Powered by WPeMatico
Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing. Go to Source Powered by WPeMatico
If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days. Go to Source Powered by WPeMatico
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the … Read more
Analysts and traders are linking Bitcoin’s bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise. Go to Source Powered by WPeMatico
