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Bitcoin Price Analysis: Picking Up the Pieces

Let’s be honest, unless you’re short, yesterday was catastrophic. Bitcoin was just shy of breaking $7,500 and taking the rally up another leg then unexpectedly plunged 13% and now we’re below $7k, again… Bitcoin Price Market Overview Prior to the dump, Bitcoin price BTC/USD was experiencing continued rejections as it approached $7,400 but who would have known the pullback would be this severe? Ideally, after a 27%+ run, consistent rejections signal that bulls are running Read More The post Bitcoin Price Analysis: Picking Up the Pieces appeared first on Bitcoinist.com. дальше »

2018-9-7 13:00


Fundstrat’s Lee: Virtually All Crypto Are Down 70% From ATH, Positive Signal

Following weeks of sustained positive price action, bulls finally ran out of steam on Wednesday, as prices throughout this budding market fell by upwards of 10% within hours. Altcoins unarguably had it bad, but a well-known analyst claims that the subset of crypto assets could potentially see a substantial boom in the coming months. дальше »

2018-9-7 11:27


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$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

Speculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […] The post $800M BTC Wallet Reactivates: Tens of Millions to Exchanges appeared first on Bitcoin News. дальше »

2018-9-6 20:05


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


Bitcoin Price Watch: Could Today’s Rise Signal the Currency’s Return?

At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted by VanEck. Up to that […] дальше »

2018-8-10 20:29


Winklevoss ETF rejected by SEC leading to Bitcoin decline next day.

The news came as investors have been riding a wave of optimism with bitcoin rising almost 40% this month alone. However, the decision did offer a ray of hope with Commissioner Hester M. Peirce dissenting, arguing that the decision sends a signal that “innovation is unwelcome in our markets.” Read: Winklevoss bitcoin ETF rejected by дальше »

2018-7-27 20:45


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »

2018-7-21 23:03