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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »

2021-6-2 11:00


Dogecoin Creator Says Crypto Price is 99.9% Driven By Greater Fools

The Co-Founder of Dogecoin, Billy Markus, said crypto prices are mainly driven by fools selling to even greater fools. “I agree with the greater fool theory driving most of crypto prices, but I’m honestly wondering what percent you think any crypto is purchased from utility vs greater fool theory From my viewpoint it’s about 99.99% […] дальше »

2021-6-2 15:00


Five BitConnect Promoters Sued for Marketing and Selling Unregistered Securities

The United States Securities and Exchange Commission (SEC) has taken legal action against five individuals promoting the defunct cryptocurrency exchange BitConnect. The post Five BitConnect Promoters Sued for Marketing and Selling Unregistered Securities appeared first on BeInCrypto. дальше »

2021-5-30 15:51


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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear

Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »

2021-5-26 18:19


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Amid Network Rivalry, Tron’s Justin Sun Appears To Be Keen On Becoming A Gargantuan Ethereum Whale

As the cryptocurrency market continues to move sideways, market participants take steps into securing their wealth by either selling or buying more. The culture of buying the dip amongst key players has been amplified by the likes of Michael Saylor, whose firm MicroStrategy recently bought $10 million worth of Bitcoin. Tom Brady who recently made […] дальше »

2021-5-22 17:25


Record Liquidations on Black Wednesday: Over-Leveraged Degen Traders Yet Again Behind the Latest Wipe-Out

“Bitcoin markets broke today. Similarly to how it happened on Black Thursday, to a lesser extent and with a considerably larger bid waiting to come in,” noted trader and economist Alex Kruger. While this sell-off must have seen some spot selling, liquidations have been particularly the highlight, much like April 17’s $10. дальше »

2021-5-20 16:36


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Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement

Just a week ago, on May 12, Bitcoin was soaring to incredible heights. Each token was selling for as much as $57,000, up from just $30,000 at the start of the year. Then came a wrecking ball in the form of Elon Musk, whose electric car company Tesla had lent Bitcoin unprecedented mainstream credibility earlier […] The post Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement appeared first on Futurism. дальше »

2021-6-8 19:54


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Glassnode: долгосрочные инвесторы нарастили покупки в ходе текущей коррекции биткоина

Текущую коррекцию вызвали панические продажи краткосрочных инвесторов, в то время как долгосрочные покупали «на дне». К такому выводу пришли аналитики Glassnode. As Elon Musk reverses his #Bitcoin sentiment, we observe new entrants panic selling and hodlers stepping in to buy the dip. дальше »

2021-5-19 19:14