Cryptocurrency exchanges close in Turkey amid ban on cryptocurrency payments

Turkish crypto exchange Vebitcoin announced the termination of operations. It is the second Turkish crypto trading platform to crash after the country's Central Bank banned the use of cryptocurrency as a payment method in early April.

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After The Crash: Why Bitcoin Could Have More Upside Potential

Bitcoin is holding well above the critical support at $47,000. Trading at $50. 067 with 1. 6% in the 1-hour chart and sideways movement in the 24-hour chart, BTC seems to be on a path to recovery on the lower timeframes.

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Is This The Perfect Moment To Buy Ethereum? Top Analyst Weighs in

The market has been struck by the bears, but Ethereum (ETH) has managed to maintain side movement in the 24-hour chart. Trading at $2. 404,36, ETH moved towards a new all-time high before the crash.

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Dogecoin leads gains as crypto markets crash further

Over 1 million trading accounts were liquidated over the weekend.

The post Dogecoin leads gains as crypto markets crash further appeared first on CryptoSlate.

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How Bitcoin “Black Thursday” Compares To This Weekend’s Flash Crash

Bitcoin is barely recovering from a bloody weekend. Trading at $56,767 with 2.8% profit in the daily chart and a 5.6% loss in the weekly chart, BTC’s price outlook might seem bearish. However, investor Nik Yaremchuck shared a fractal comparing Bitcoin’s worse period in 2020 and the weekend’s flash crash. As can be seen below, […]

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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 […]

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No, A Whale Didn’t Cause Bitcoin To Crash Overnight

Bitcoin price is down more than 10% from the weekend’s new all-time high set above $60,000 after an overnight selloff. The now sizable correction was first assumed to be a massive whale dumping more than $1 billion in BTC on crypto trading platform Gemini, but ultimately turned out to be something else.

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Bitcoin breaks $60,000 a year after ‘flash crash’ to under $4k

Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. The post Bitcoin breaks $60,000 a year after ‘flash crash’ to under $4k appeared first on CryptoSlate.

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Data Reveals February’s Bitcoin Price Correction Burned Leverage Traders and Weak Hands

Glassnode has revealed in its weekly on-chain crypto market report that the bitcoin (BTC) price crash that happened in late February is actually a good thing for the markets, as it has “flushed out” weak hands, and excessive leverage trading.

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$5.6 Billion Liquidated Across Exchanges as Bitcoin Falls Below $46,000

This price crash is picking up on the downwards price momentum that was initiated in the market on Monday with a 13% 4-hour red Bitcoin candle. Feb. 22 was also a record day for the daily Bitcoin trading range.

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Was Bitcoin's rally overextended? If yes, what next

After an action-packed week, Bitcoin is trading at $35468 after having endured a flash crash. However, the price action left traders asking why the flash crash in Bitcoin took place? Also, does this mThe post Was Bitcoin's rally overextended? If yes, what next appeared first on AMBCrypto.

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Decred (DCR) Surges 50%, Outperforming DeFi Coins and 2017-Era Alts

Decred (DCR) has surged seriously higher over the past day. According to Coin Gecko, a top data source in crypto, the price of the coin is up 50% in the past 24 hours. The coin is currently trading at its highest price since the 2018 crash in November of that year. DCR is up over […]

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Why a Technical Analyst is Predicting a Sub-$8K Yearn Finance (YFI) Crash

More warnings flashed for Yearn Finance’s governance token YFI even as it showed signs of recovering after an upside weekend session. Market analyst Teddy Cleps envisioned a waterfall-like trend for YFI/USD, noting that the pair is likely to continue trading lower with anticipations of bouncing back on every support-retest. He further hinted that price floors […]

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Bitcoin Sell-Off Accelerates amid US Stock Downtrend; Crash Ahead?

Bitcoin (BTC) dropped lower on Thursday, with dimming stimulus hopes and a resurgence in the coronavirus cases in the US and Europe casting doubts over the global economic recovery. The BTC/USD exchange rate established an intraday low at $11,263 as of around 0900 UTC, suggesting that it could correct further lower in the US trading […]

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Monero (XMR) Solidifies Bullish Trend with Ongoing Rally

The Monero (XMR) price has regained all of its losses resulting from the Sept 2-4 crash and is currently making an attempt to break out above a major resistance level. The XMR price is currently trading near an important resistance area found at $132.

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Stocks & Gold Getting Hammered But Bitcoin Fundamentals Do Not Support A BTC Crash to $7k

In another red day of the week, Bitcoin dropped to about $10,150 level. Just like the weak price performance, with BTC currently trading around $10,415, volume remains extremely low too, at just above a billion dollars.

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Ethereum May Crash to $300 Support as Selling Pressure Grows Heavy

Ethereum is currently oscillating between highs of $345 and lows of $336 as its bulls and bears reach an impasse The cryptocurrency has been unable to see any relief following the massive influx of selling pressure that stopped it from seeing any further gains It is still trading well above its multi-week lows of $320, but growing weakness is putting its current stability in jeopardy One analyst explained in a recent tweet that he expects […]

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Stocks, Gold, Bitcoin, & Crypto All Crash Hard in Sync as US Dollar Gains Strength

In another iconic 2020 multi-asset sell-offs to start this fragile week, bitcoin went down to nearly $10,300 level after losing almost 8% of its value yesterday. The leading digital asset is currently trading around $10,450, a level seen earlier last week, with ‘real’ volume keeping under $2 billion.

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Altcoins Crash as Bitcoin Plummets Under $10,600; Overall Crypto Market Looks Pretty Bad

Bitcoin has been stuck around $11,000 since the middle of last week, very slowly moving upwards. Until today that is. The digital asset went down 3. 7% to as low as $10,538 in a sudden move. Trading around $10,600, BTC is in the red on the back of $1.

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Total Cryptocurrency Market Cap Remains Bullish Despite Deep Cut

The Total Cryptocurrency Market Cap (CRYPTOCAP) has broken out and validated an important horizontal level as support. As long as it is trading above it, the trend remains bullish. Cryptocurrency Cap Re-Tests Resistance The CRYPTOCAP has increased by 186% since the March crash 186 days ago.

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Peter Brandt Exits Bitcoin and Stocks, Turns to U.S. Dollar

Trading legend Peter Brandt cashed out his Bitcoin portfolio right before the market crash

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XRP’s Active Address Output Remains High Despite Colossal Price Drop

XRP had an 11. 2% retracement since last week’s high of $0. 30251. Currently trading at $0. 257, the 3rd largest cryptocurrency by market cap remains one of the top coins that has not exceeded its yearly high before the wide-market crash on the 12th of March at $0.

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There’s a Mass of Analysts That Think Chainlink (LINK) Will Drop After Falling 25%

Chainlink has suffered a strong retracement since the $20 highs it saw last week. The altcoin is now trading for $16, 20% below the local highs, after it suffered a flash crash. There are few traders willing to take short positions on the cryptocurrency due to its explosive volatility.

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Bitcoin Still On Track To Hit $13,000 This Month As Bulls Set To ‘Teleport’ BTC

Bitcoin continues on its way to a new all-time, however, just days ago, the digital asset had another massive flash crash because of bots selling and longs getting liquidated. Bitcoin is currently trading at $11,870 but was trading above $12,000 for many hours before the flash crash that saw it plummet to $11,450. This crash […]

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Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month

Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […]

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Flash Crash Caused Serious Network Congestion for ETH, ETC, And ERC 20 Tokens on Coinbase

On August 1, the Ethereum's blockchain faced a spike in network transaction fees, causing a backlog in transfers across several exchanges. Coinbase and Binance, two of the largest cryptocurrency exchanges, saw hundreds of transactions jammed, leading to trading delays.

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Decentralized Trading and Coordinated Manipulation Drive Bitcoin’s Volatility — Here’s What’s Going On

On the 2nd of August, the bitcoin community watched in disbelief as Bitcoin hit $12k and then fell by $1,500 within minutes. The flash crash was the inverse of what the crypto community projected would happen, as Bitcoin was deemed to at least reach the $15K or even the $20K mark before experiencing a significant […]

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Should Bitcoin Have Trading Halts or Circuit Breakers?

October 19, 1987. Better known as Black Monday (now a Showtime original series), it was the worst market crash in US history since Black Tuesday on October 29, 1929, which triggered the Great Depression.

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Should Bitcoin Have Trading Halts or Circuit Breakers?

October 19, 1987. Better known as Black Monday (now a Showtime original series), it was the worst market crash in US history since Black Tuesday on October 29, 1929, which triggered the Great Depression.

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Chainlink (LINK) May See a Major Crash as Textbook Bear Signal Flashes

Chainlink has been one of the best-performing crypto assets of the past few weeks and months. Since the lows under $2 seen in March, the asset has more than quadrupled, trading as high as $9. 00 earlier this week.

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Analyst Explains Why a Bitcoin Crash is Good News in Disguise

Bitcoin stands stuck inside a $250 trading range for more than two weeks. The cryptocurrency’s volatility and daily trade volume are, meanwhile, heading down, raising the possibility of a price breakout.

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Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020

Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review.

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Bitcoin Recording Third Best Quarterly Close & Another Strong Q2, But Q3 Paints a ‘Challenging’ Picture

Bitcoin is currently trading above $9,100 in green with just $1.1 billion in ‘real’ trading volume. The leading digital currency has recovered 140% since the March crash but is up only 27% YTD. Despite the minimal yearly gains and ending the first quarter of 2020 on a red note of 10.58%, the second quarter has […]

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Why Zilliqa (ZIL) could be among the top 30 coins before the end of the year

Zilliqa is one of the digital coins having a wonderful tie this year. The coin has also been one of the fast-rising altcoins and is currently ranked the 44th most valuable cryptocurrency with a market cap of $202,594,223 and a daily trading volume of over $94 million.

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XRP Prints a Macro Bull Signal: A Top Analyst Says It’s Still Poised to Crash

XRP has not fared as well as Bitcoin, Ethereum, and other top cryptocurrencies have over the past few weeks. As the market leaders have stalled, trading in tight ranges, XRP has slid lower and lower.

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Cardano long-term Price Analysis: 21st June

Cardano has been one of the few altcoins which have successfully recuperated from the gains wiped off by the Black Thursday crash. The tenth-largest cryptocurrency by market cap has been trading closeThe post Cardano long-term Price Analysis: 21st June appeared first on AMBCrypto.

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This Historical Pattern Shows Bitcoin Could Be Weeks Away From $75,000

Bitcoin has been trading sideways for the past month and was rejected from the $10,000 resistance level again. There is obviously a lot of uncertainty in the market, however, it’s important to remember that Bitcoin is one of the few assets that managed to recover entirely from the massive crash on March 12 due to […]

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Bitcoin Price Currently Overvalued, According to This Crucial Trend

Bitcoin traded sideways for the majority of May and has been unable to break the crucial $10,000 level a few times. However, overall, since the crash on March 12, the digital asset has been trading in a significant bull run going from a low of $3,700 to a peak of $10,050. Even after all the […]

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Bitcoin Price Hits $9,200; Has Halving Fully Detached Bitcoin from the Stock Markets?

In the end, it seems that Bitcoin’s halving didn’t have any significant impact on its price on the day of the event, although it’s clear it had some effect through the previous weeks. Bitcoin is currently trading above $9,200 after recovering from the abrupt crash 3 days ago.

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With few blocks away from Halving, here’s how Bitcoin has been performing so far today

Today has been extremely volatile for Bitcoin breaking above $9,000 just to crash in the next few hours. We are seeing a 1% price move on 1-minute candlesticks all the time. However, even after such high volatility Bitcoin is still trading around $8,500, the midpoint between $9,200 and $8,000 basically. Looking at the 1-hour chart, […]

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Bitcoin Violent Crash to $8k Sparks Social Volume Spike – Prices Expected to Rebound

Just a few hours ago, Bitcoin saw a huge 20% crash down to $8,000 on most exchanges. More than $200 million in Bitcoin longs were liquidated within 25 minutes on BitMEX, however, bulls managed to bounce back up quite decently and BTC is currently trading at around $8,800.

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This Popular Elliot Wave Trader Predicts Bitcoin’s Imminent Drop To $1,760 Before Face-Melting Ascent

After zipping past the $10k level just days ago, the pioneer cryptocurrency suffered an unprecedented flash crash on Saturday. From trading at around $9,500, BTC shed over 10% of its value to hit $8,100 all within the span of 10 minutes.

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Crypto Trading App Robinhood Raises $280 Mln After Benefiting from COVID-19 Market Crash

The valuation of cryptocurrency trading app Robinhood has swelled to $8.7 bln after a $280 mln funding round

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Top Technical Analyst Claims Latest Bitcoin Engulfing Candle Isn’t Bullish

Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts. Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads to another devastating crash....

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Bitcoin Options trading spikes to new high after dreadful crash

Bitcoin's price, after a period of consolidation, broke out of the $7k range to shoot directly to $9k. This tremendous spike in BTC's price transpired over the course of 29 April and continued onto eaThe post Bitcoin Options trading spikes to new high after dreadful crash appeared first on AMBCrypto.

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На фоне ралли суточный объем торгов биткоин-фьючерсами достиг $30 млрд

29 апреля объем торгов биткоин-фьючерсами составил $30 млрд. Это наиболее активная сессия с момента обвала 12-13 марта. Vibrant trading session yesterday as bitcoin jumped 13% past $9k $30bln bitcoin futures crossed, most active session since the March crash pic.

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Bitcoin Nears $8,500 While Stocks, Oil, Everything Turns Green

Bitcoin has risen above $8,400 before trading at $8,300 at the time of writing. Making it a new high since the crash last month. All other major cryptos are also... The post Bitcoin Nears $8,500 While Stocks, Oil, Everything Turns Green appeared first on Trustnodes.

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After Stellar 100% Rally, Bitcoin Is Finally Printing a “Sign of Exhaustion”

From the $3,700 lows established in the middle of March, Bitcoin has mounted an extremely steep comeback over the past five to six weeks. In fact, the leading cryptocurrency is currently trading over 100% off the lows, effectively recovering all of the crash’s damage.

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Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad for Crypto

After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has tumbled 5%, responding to a crash in the demand for oil, which resulted in barrels temporarily trading negative on April 20th.

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