ETH/USD – Ethereum Rolls Over From 2020 HighsKey Support Levels: $600, $580, $556.Key Resistance Levels: $625, $650, $665.Last week, Ethereum surged higher after rebounding from $580 to break above $600 on the same day that Bitcoin penetrated $20,000. The coin continued to climb over the following few days but couldn’t break past the $675 resistance (long term .786 Fib Retracement).Over the weekend, ETH struggled to maintain itself above $650 and eventually rolled over to fall as low as $625....
Read More »$800 Million Liquidations in 24 Hours as Bitcoin Goes on a Rollercoaster
Bitcoin’s price went on a rollercoaster today, and the volatility continues to be rampant. Amid all this, the market saw more than $800 million in liquidations of both long and short positions in the past 24 hours alone.Bitcoin’s Rampant VolatilityTrading is a zero-sum game. For someone to win, someone else has to lose. This was perfectly exemplified in today’s market performance.Bitcoin’s price went from a high at above $24,300 to a low below $21,850 in a matter of hours. To anyone thinking...
Read More »JPMorgan: Bitcoin (BTC) Price May Correct If Inflows into Grayscale Bitcoin Fund Slow Down
The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust.Bitcoin (BTC) saw the best of its days in the past week since it made its emergence back in 2009 as it recorded an all-time high above $24,000. Analysts from JPMorgan Chase & Co (NYSE: JPM) as reported by Bloomberg have attributed much of this BTC price increase to the growth of large hedge funds specifically...
Read More »Während Bitcoin-Rally: Coinbase verkündet Börsengang!
Coinbase verwaltet 20 Milliarden US-Dollar Die US-amerikanische Kryptobörse Coinbase hat einen baldigen Börsengang angekündigt. Das Unternehmen gab am Donnerstag bekannt, einen Antrag bei der Börsenaufsicht SEC gestellt zu haben. Wievel wird Coinbase wert sein? AirBnB übertraf diesen Herbst alle Erwartungen und kam auf einen Börsenwert von mehr als 100 Milliarden US-Dollar. (Gutschein unten im Artikel) Coinbase reicht Bilanzdaten ein Schon...
Read More »Bought The Bitcoin Dip? MicroStrategy Announces Another $650 Million Buy
Describing itself as the “largest independent publicly-traded business intelligence company,” MicroStrategy has made good on its word to purchase more bitcoins. The company announced earlier today the purchase of 29,646 more BTC for approximately $650 million.MicroStrategy’s founder and CEO, Michael Saylor, announced the latest BTC purchase earlier today. Following the firm’s recently instituted Treasury Reserve Policy, the company allocated another $650 million in bitcoin with an average...
Read More »Puerto Rico Digital Bank Greenlighted To Offer Bitcoin Custody
The Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) has granted permission to FV Bank to provide custody services for cryptocurrency assets such as Ethereum and Bitcoin. The institution plans to integrate the new service into its digital banking platform as of early 2021.FV Bank Granted Permission To Be A Crypto CustodianHeadquartered in Puerto Rico, United States, FV Bank is a global digital bank servicing domestic and international businesses focusеed on providing...
Read More »Bitcoin Price Plunges $1500 In Hours On Global Markets Pullback
Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...
Read More »Stellar Lumen (XLM) Price Signaling Next Crucial Break, $0.18 Holds Key
Stellar lumen price topped near $0.2080 and started a fresh decline against the US Dollar.XLM price is now testing the $0.1750 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1750 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.1800 or it might dive further below $0.1750.Stellar lumen price is correcting gains from well above $0.2000 against the US Dollar, while bitcoin holding gains. XLM...
Read More »Institutional Flows Keep Bitcoin From Correcting: JPM Analysts
Analysts from the US multinational investment bank JPMorgan Chase & Co have doubled-down on their belief that institutional inflows towards bitcoin are crucial for the asset’s price. They warned that if their purchases decline, the cryptocurrency could head towards a violent correction.JPMorgan Confirms: Institutions Are Key For BitcoinWhile most financial assets have suffered through this challenging year, bitcoin’s performance has contrasted substantially with a surge of more than 220%...
Read More »#1039 Bitcoin Entwickler Milliardär & Ledger Data Leak – Achtung Phishing Versuche
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1039. Im heutigen Video geht’s um folgende Themen: Bitcoin Entwickler hat 1.3 Milliarden an Bitcoin zu früh verkauft & Ledger Data Leak – Vorsicht vor weiteren Phishing Versuchen. 1.) Early Bitcoin dev misses out on $1.3B after selling too soonhttps://cointelegraph.com/news/early-bitcoin-dev-misses-out-on-1-3b-after-selling-too-soon 2.) Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets...
Read More »