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Analyst: Bitcoin Likely to Sweep Its Highs as Bears Face Mass Liquidation

Bitcoin has been stable below $19,000 for the past few days, with each visit to this level sparking relatively strong pullbacks Where the crypto trends in the near-term will depend largely on whether or not bulls can take control of its price action and push it past $19,000 The selling pressure here is significant and may continue hampering its growth over the coming few hours and even days Meanwhile, Ethereum and other altcoins have been […] дальше »

2020-11-24 02:00


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BitMEX Open Interest Collapses Following $25m Bitcoin Liquidation Spree; What This Means

Bitcoin’s recent volatility has led open interest on trading platforms like BitMEX to plummet This has come about amidst a bout of choppy price action, which has led to a massive amount of position liquidations amongst margin traders It is possible that these liquidations are causing more and more traders to move to the sidelines This could lessen BTC’s day-to-day volatility and help it push past $10,000 Bitcoin has seen some volatility in recent times, […] дальше »

2020-6-9 02:00


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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […] дальше »

2020-6-4 02:00


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Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement

When Bitcoin crashed to $3,700 in March on the back of a global liquidation in financial markets, there were many throwing in the towel. At the time, there were prominent analysts calling for the cryptocurrency to fall under 2018’s lows, while critics doubled down on their assertions that BTC was a “scam” and an “asset for criminals. дальше »

2020-5-24 04:00


Huobi’s Derivative Trading Platform Adds Partial Liquidation Feature To Limit Losses

Huobi DM, the derivatives trading platform from Huobi, has made the announcement of a new partial liquidation aimed at limiting trading loses. Highly leveraged positions can be immediately liquidated by sudden swings in the market and cause the users to extensively lose, as it was seen during the Bitcoin’s (BTC) price crash from last week. […] дальше »

2020-3-19 19:17


Advanced botnet attack caused $1.2bn in Bitcoin longs liquidation on BitMEX

Bitcoin’s price struggle was further exacerbated last week when the coin plunged to $3,700 on BitMEX and caused almost $1. 2 billion in long contracts to be liquidated on the platform. Now, the exchange’s CTO has revealed that the liquidations were caused by sophisticated botnet attacks that have been probing the platform for days and were […] The post Advanced botnet attack caused $1. дальше »

2020-3-17 22:34


Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights: Bitcoin plunges to $3.8K for the first time since April 2019. The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange. The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets. Bitcoin fell to its 10-month low... дальше »

2020-3-13 15:31


Analyst: Multi-billion dollar PlusToken scam could be what caused Bitcoin’s drop to $6,600

The third-largest Ponzi scam in history, Plus Token Wallet, could be responsible for the drop in price Bitcoin saw last week. According to one analyst, the massive liquidation from the Plus Token scam caused an abnormal effect on the market, leading to an increased sell pressure that forced miners to capitulate way ahead of schedule. дальше »

2019-11-27 15:58


182 million Bitcoin longs face liquidation on BitMEX with pre-weekend volume spike

Bitcoin's markets are what crypto-Twitter would call "boring" right now. The price of Bitcoin is consolidating, moving sideways for more than 17 days. However, an interesting thing to observe over theThe post 182 million Bitcoin longs face liquidation on BitMEX with pre-weekend volume spike appeared first on AMBCrypto. дальше »

2019-11-12 18:00


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QuadrigaCX Founder’s Widow to Compensate Exchange Hack Victims

Jennifer Robertson — the widow of late QuadrigaCX founder, Gerald ‘Gerry’ Cotten, has agreed to hand over assets belonging to the defunct bitcoin exchange in compensation of affected users. Liquidating Assets Belonging to QuadrigaCX Bitcoin Exchange According to CBC News, Robertson is set to hand over QuadrigaCX assets still in her possession to Ernst & Young — Trustees of the bitcoin exchange’s liquidation proceedings. дальше »

2019-10-8 13:30


Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope

BitMEX traders might have had the worst when it comes to yesterday’s Bitcoin collapse. The price of Bitcoin fell from $10,200 to $9,500 in one fell swoop. However, just as the BitMEX traders thought the nightmare was over, it got worse as the price collapsed by another 4% and is now, finally consolidating as the […] The post Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope appeared first on AMBCrypto. дальше »

2019-8-29 17:00