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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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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

2020-5-28 23:00


FCoin Exchange Comes Up Short, Up To 10,000 BTC Of Traders Assets Gone Due To Errors

FCoin, the famous cryptocurrency exchange that uses the trans-fee mining model, has revealed a shortage of $130 Million in crypto-assets and paused both withdrawal and trading on its platform. FCoin was launched in May 2018 by the former CTO of Huobi, Zhang Jian, who said on Monday in a blog post that the exchange is […] дальше »

2020-2-17 19:17


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Trader: bears won the short term fight for bitcoin, but what happens next?

Subsequent to the near 20 percent pullback in the bitcoin price, trader Nick Cote said that bears won the short term fight with more room for a deeper correction in the cryptocurrency market. More than $600 million worth of long contracts were liquidated on BitMEX on the day the bitcoin price plunged to $8,000, causing […] The post Trader: bears won the short term fight for bitcoin, but what happens next? appeared first on CryptoSlate. дальше »

2019-9-26 14:37


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Trader: bears won the short term fight for Bitcoin, what happens next?

Subsequent to the near 20 percent pullback in the Bitcoin price, trader Nick Cote said that bears won the short term fight with more room for a deeper correction in the cryptocurrency market. More than $600 million worth of long contracts were liquidated on BitMEX on the day the Bitcoin price plunged to $8,000, causing […] The post Trader: bears won the short term fight for Bitcoin, what happens next? appeared first on CryptoSlate. дальше »

2019-9-27 14:37


‘Insane’ Bitcoin Momentum Goes Overdrive as ‘Real Volume’ Hits $1.5 Billion

By CCN Markets: Bitcoin price has increased by 16 percent in the past week against the U. S. dollar following its initial breakout of the $10,000 mark on June 21. Luke Martin, a crypto trader, has said that the momentum of the dominant crypto asset is “insane,” indicating that minor corrections are being absorbed by the market at a fast pace and that the short term trend of the asset remains strong. дальше »

2019-6-24 09:40


Polkadot Project Seems To Be Having Troubles Despite Having a Valuation of $1.2 Billion

It seems that Polkadot’s project is not going to be valued around $1.2 billion, at least in the short term. The company is trying to gather $60 million through a private token sale, but the investors interested in the project are paying prices that would value the project under $1 billion. This is according to […] дальше »

2019-6-6 22:43


Understanding the rising popularity of China’s rural influencers

Beginning in 2016, China saw the sudden and meteoric rise of the short video social media platform Kuaishou lion people, with 100 million daily active users. What makes it unique among Chinese apps is not its feature set, but the demographics of its user pool, which is comprised of a higher percentage of rural and… This story continues at The Next Web дальше »

2019-5-28 12:38


A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000

By CCN: On May 27, the bitcoin price surged from $8,000 to $8,939 on major exchanges such as Bitstamp and Coinbase, achieving a new high for 2019. Key catalysts behind the abrupt increase in the bitcoin price within a short time frame remain unclear; some have suggested the overall improvement in sentiment around the crypto market and an increase in demand from retail investors. дальше »

2019-5-27 17:27


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30