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Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’

Throughout April 29 and 30, the Bitcoin (BTC) price increased by about 25 percent. The upward move has some similarities with a move which occurred on October 2019. This similarity was outlined by well-known trader @CryptoCapo_, who tweeted a Bitcoin chart while comparing the recent price movement to that on October 2019 — otherwise known […] The post Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’ appeared first on BeInCrypto. дальше »

2020-5-6 15:46


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5 Converging Factors: Bitcoin’s Rally Is Just Starting, Even After 150% Surge

Just seven weeks ago, Bitcoin was trading down in the dumps, at $3,700 after one of the worst trading sessions in the cryptocurrency market ever. In the wake of that move, there were many analysts calling for the crypto market to fall even lower than it had, but digital assets quickly rebounded across the board in a show of resilience. дальше »

2020-5-3 10:00


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Bitcoin’s Move Past $8,000 Liquidates Millions; Sends Bears into Hiding

Bitcoin’s overnight upswing allowed the crypto to gain what appears to be a firm foothold within the $8,000 region This movement came about shortly after the extended period of sideways trading that it faced throughout the past several days It also liquidated millions of dollars in short-positions, leading BTC’s open interest to dive as bears go into hiding Bitcoin’s notable overnight rally has marked a major extension of the uptrend that was first sparked when […] дальше »

2020-4-30 02:00


Bitcoin Just Flew to $8,400, Leaving $40M of BitMEX Destruction In Its Wake

Days of consolidation under $7,800 culminated an explosive move on Wednesday, which resulted in Bitcoin rallying from $7,700 to $8,400 within 12 hours’ time — an uptrend of nearly 10%. Bitcoin has seen an initial rejection at $8,400, a level of technical importance stretching back months, but it has held up well thus far at... дальше »

2020-4-29 17:41


XRP Spikes 9% as Japan’s 2nd Largest Bank Takes Stake in Ripple Partner SBI Holdings

XRP is today’s leading high market cap cryptocurrency, having gained 9% over the last 24-hours. This comes as the rest of the crypto markets continue to move sideways. Analysts have attributed this to a collaboration deal, which sees Japan’s second-largest bank, the Sumitomo Mitsui Financial Group (SMFG) take a stake in an SBI Holdings company.... дальше »

2020-4-29 15:48


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Bitcoin’s Breakout: New Upward Move or Retracement?

On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »

2020-4-29 14:58


The Odds Bitcoin Sees an Exponential Spike Are “Rapidly Increasing”: Here’s Why

There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19. Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction, maybe even a full-blown... дальше »

2020-4-29 12:40


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Bitcoin Miners to Thrive Post Halving after Local Chinese Gov’t’s Surprising Move

Ya’an, a Chinese city that contributes 50 percent of the total hash power to the Bitcoin network, offers cheap electricity to miners right ahead of halving. The mountainous region, while awaiting a rainy season, wants to give away its excess electricity to “support the implementation of blockchain industry development,” according to a public guidance document. дальше »

2020-4-28 10:38


$75 million liquidated: Bitcoin’s power move leaves trail of destruction for bears

Bitcoin saw an explosive upside movement earlier today that caught the cryptocurrency’s bears off-guard, leading to over $75 million in positions to be liquidated. Open interest (OI) on popular crypto trading platform BitMEX has also plunged in the time following this movement, with the freshly liquidated positions apparently leading many traders to move to the […] The post $75 million liquidated: Bitcoin’s power move leaves trail of destruction for bears appeared first on CryptoSlate. дальше »

2020-4-25 08:00