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With a new week of cryptocurrency trading upon the community, it is always good to see what the future will hold in terms of short and long positions. Things have changed a bit compared to just over a week ago, although this current trend does not necessarily indicate how the week will play out. The […]
The post Longs vs Shorts – BTC, BCH, ETH, IOTA, XMR Roundup for Week 40 of 2018 appeared first on NullTX.
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Cryptocurrency markets today are seeing a touch of recovery after digital asset prices suffered from some significant losses over the past few days. The entire virtual currency economy has consolidated just above the $200 billion mark, after dropping well below this threshold during Saturday evening’s trading sessions. Over the last seven days, each digital asset […]
The post Markets Update: Traders Uncertain of the Next Crypto Market Cycle appeared first on Bitcoin News.
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Cryptocurrency markets have lost considerable value since our last markets update three days ago. The entire digital currency economy of roughly 1900+ assets has lost $35 billion since then, and a great majority of cryptocurrencies over the last 24 hours are in the red seeing significant losses. Also Read: New Information Heightens Satoshi Nakamoto Mystery Crypto-Markets […]
The post Markets Update: Shorts Continue to Rise as Bearish Sentiment Ensues appeared first on Bitcoin News.
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In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States […]
The post Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges appeared first on Bitcoin News.
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The BTC markets rallied today, with a minor short squeeze quickly driving the price up by more than 5% in less than half an hour. The move, however, may have been short-lived, with both volume and price action failing to have gathered further momentum following the sudden spike. Also Read: Apple Co-Founder: Crypto World “Like the […]
The post Markets Update: Record Shorts Drive Short-Lived BTC Squeeze appeared first on Bitcoin News.
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It’s been an interesting 12 hours for BTC, with the cryptocurrency finally breaking through resistance levels. Most of the drama took place within the space of just a few minutes, when BTC gained $400 without blinking. It is no coincidence, however, that the event took place just as the popular cryptocurrency exchange Bitmex went offline. […]
The post Theories Abound After BTC Leaps While Bitmex is Down appeared first on Bitcoin News.
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Cryptocurrency markets have been consolidating after a few volatile spikes and subsequent dumps over the last few weeks. Now a lot of crypto-traders are uncertain what will happen next, but quite a lot of people are showing pessimism by betting against cryptocurrencies like BTC with short positions. At the moment, BTC/USD short positions on Bitfinex […]
The post Markets Update: BTC Shorts Approach Record Highs This Week appeared first on Bitcoin News.
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Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for such a price movement was a textbook short squeeze. A short squeeze occurs when a sharp price movement forces the liquidation of short contracts, causing each losing trade to market buy their position. As a result, these market buys further push the price upwards, causingPowered by WPeMatico
This week the institutional over-the-counter (OTC) digital currency service, Genesis Global Trading, announced it’s creating a lending subsidiary called Genesis Capital that will offer cryptocurrency loans for a fixed period of time. Also Read: More Infrastructure Support Joins the Bitcoin Cash Ecosystem Market Maker Lending Services Genesis Capital will be a new lending firm for institutional […]
The post Genesis Launches Whale Sized Crypto-Loan Service appeared first on Bitcoin News.
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