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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »

2020-4-26 21:00


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Sorry BTC Bulls: Analyst Says Ongoing Miner Capitulation Could Trigger A 2018-Esque ‘Death Drop’

As the bitcoin price climbs back above $7,300, the question on everyone’s mind is whether the most recent bottom is in, or whether another big drop is in the offing. One analyst in the crypto community recently pointed out that BTC could still dump hard from here, despite the current bullish momentum. This, as he […] дальше »

2020-4-8 14:16


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‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten

Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. дальше »

2020-3-22 22:30


Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion Injection

Coinspeaker Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion InjectionBitcoin price recovery from last week's catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package. дальше »

2020-3-18 19:00


Gold on Track for Biggest Weekly Drop in 7-Years, Acting As A Better Safe Haven than BTC

A day before the market went into a full-on panic mode because of Bitcoin price crashing nearly 45%, BitMEX CEO Arthur Hayes published a regular note on March 12th on his exchange where he talks about how despite trading below $8,000 Bitcoin outperformed most global equity indices in 2020. But not anymore. The world’s leading […] дальше »

2020-3-14 20:55


Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop

At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days. Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs By Monday morning, the cryptocurrency was trading as. дальше »

2019-12-24 23:33


Litecoin not in danger of a 51% attack despite bottomed hashrate

After more than 66 percent of its value got slashed since its August halving, Litecoin saw its hashrate drop from its peak of over 500 TH/s to just 150 TH/s. However, the network’s drastically reduced computing power doesn’t make it vulnerable to a 51 percent attack, data has shown, as its low price wouldn’t justify […] The post Litecoin not in danger of a 51% attack despite bottomed hashrate appeared first on CryptoSlate. дальше »

2019-12-6 20:55