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Elon Musk Reaffirms His Crypto Allegiance

Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […] дальше »

2021-5-23 16:36


Bitcoin to Ethereum rotation is changing ROI on traders' portfolios: Understand the impact

Is it likely that one of the factors driving Bitcoin's price plunge is the rotation of investment from Bitcoin to Ethereum? Looking at the following chart with ETH and BTC percent balances across exchThe post Bitcoin to Ethereum rotation is changing ROI on traders' portfolios: Understand the impact appeared first on AMBCrypto. дальше »

2021-5-17 17:00


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Bitcoin Dominance Falls Below 50% For the First Time Since June 2018

For the first time in 34 months, the Bitcoin dominance has fallen below 50 percent, trackers on Apr 29 reveal. Ethereum and Binance Coin Spearhead the Altcoin Season The shift in dominance coincides with the non-descript, tepid price action of the world’s most valuable currency over the last few weeks. Following the plunge of valuationRead More дальше »

2021-4-30 23:00


Bitcoin Flash Crash Pauses as Goldman Sachs Announces Crypto Services

Bitcoin underwent a mini flash crash on Wednesday as its price fell from $59,400 to nearly $57,000 in just five minutes of trading. Analysts blamed overleveraged long positions for the downside move, with the plunge liquidating about $600 million worth of extended bullish contracts across major futures exchanges. The wipeout followed up with a short […] дальше »

2021-3-31 16:17


Bitcoin At Risk Of Plunge Through Support If Stocks Turn Down

The overextended stock market bubble was already close to bursting, but some recent turmoil involving skyrocketing GameStop shares and a Reddit-driven short squeeze might break the already thin ice. If this happens, and the stock market turns down in a big way while Bitcoin is on critical support, there could be another sharp plunge across the greater market. дальше »

2021-1-28 18:30


Ethereum is About to Post a Massively Bullish Signal as Bulls Take Charge

Ethereum has seen some immense strength in the time following its capitulatory plunge towards $1,000 The cryptocurrency’s V-shaped recovery has allowed it to gain serious ground against Bitcoin, even posting a massive breakout against the benchmark crypto Where it trends next will undoubtedly depend largely on whether or not bulls can maintain their control over […] дальше »

2021-1-25 23:00


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Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or weakness, which likely means that it is bound to see some sideways […] дальше »

2021-1-24 23:00


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Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […] дальше »

2021-1-22 19:00