Bitcoin failed to breach the $12,000 mark and is now seemingly entering a consolidation stage again. However, a new wave of volatility may be on the way as CME futures contracts and $700 million worth of options will expire on August 28, which might trigger mass liquidation.Bitcoin has been rejected at the $11,900 level twice, and what came after were large sell-offs, which further pushed down the price of Bitcoin. If bitcoin continues to fall, a bigger correction to as low as $9,600 seems...
Read More »Bitcoin : Un nouveau record de difficulté pour les mineurs
Alors que certains médias chinois annoncent la fin des taux préférentiels dont bénéficient certains mineurs en Mongolie Intérieure [1] pour leur approvisionnement énergétique, la difficulté de minage de Bitcoin a battu lundi un nouveau record dépassant de 1,2% le record de juillet dernier. Rappelons que la difficulté est un paramètre qui varie de façon à maintenir un temps moyen de dix minutes...
Read More »These 7 Stocks Alone Gained $282 Billion Yesterday Which Is Nearly The Total Crypto Market Cap
Seven US-based giant companies, namely Facebook Inc, Apple Inc, Amazon.com Inc, Microsoft Corp, Alphabet Inc, Tesla Inc, and Salesforce.com Inc, gained nearly $300 billion in total market cap during yesterday’s trading session on Wall Street.This only goes to show how small the digital asset field is compared to the giants, as their one-day combined gains represent almost the entire crypto market cap.$282B Gained In A Day By 7 US CompaniesGreen dominated most tech-oriented stocks on Wall...
Read More »Bitcoin Price Analysis: BTC Sees Major Bearish Signal Flash, Will This Whale Pattern Help?
Bitcoin’s chart looks pretty interesting right now. On the 4-Hour BTC/USD, there is a clear bearish convergence forming between the 50 and 100 EMA lines for the first time since July 22.This typically signals that there’s more downside to come as short-term momentum drops in comparison to the longer-range momentum.However, looking more closely at today’s price action, there are some signs of hope that we might get a recovery shortly.Bitcoin’s current trend is resembling the start of a whale...
Read More »Largest Crypto Darknet Market Vanishes, Admins Drain BTC Worth $30 Million
Empire Market, the largest crypto darknet marketplace, has abruptly shut down. No communication was issued from the admins who seem to have siphoned away with user funds amounting to around $30 million in BTC. From the looks of it, this appears to be a pretty massive exit scam.Empire Market Exit Scams With 2638 BTC Worth $30 MillionAccording to the latest update from an anonymous journalist, “DarkDotFail” who tracks darknet activities, Empire Market, the largest cryptocurrency accepting...
Read More »EOS Price Analysis: Signs of More Downsides Below $3.0
EOS price started a fresh decline from well above the $3.500 resistance against the US Dollar.The price declined below the $3.200 support and settled below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $3.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down below $3.000 as long as it is below $3.200.EOS price is declining and trading below key supports against the US Dollar,...
Read More »#957 Bitcoin Zyklen, FTX kauft Blockfolio 150 Millionen & MicroStrategy findet Nachahmer
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 957. Im heutigen Video geht’s um folgende Themen: Bitcoin Zyklus verlängert sich, FTX übernimmt Blockfolio für 150 Millionen US-Dollar & Bitcoin-Rücklagen immer populärer. [embedded content] 1.) This Unique Perspective Makes It Clear Bitcoin Cycles Are Lengtheninghttps://www.newsbtc.com/2020/08/27/bitcoin-cycle-comparison-chart-lengthening/ 2.) FTX übernimmt Blockfolio für 150 Millionen...
Read More »Litecoin (LTC) Price Analysis: Key Inflection and Barrier At $60
Litecoin price is currently trading in a bearish zone below the $64.00 and $60.00 levels against the US Dollar.LTC price is facing a major hurdle near $60.00 and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $61.00 resistance levels to move into a positive zone.Litecoin price is currently following a bearish path against the US...
Read More »Fidelity Launches Its First Bitcoin Index Fund: $100K Minimum Investment
Fidelity Investments, an asset management company with about $2.7 trillion of assets under management, will reportedly launch its first Bitcoin-only fund.The product is oriented toward family offices, registered investment advisers, as well as other institutions and will require a minimum investment of $100,000.Fidelity Puts Its Name to a Bitcoin FundFidelity Investments is the world’s 5th largest asset management company with $2.7 trillion worth of assets under management according to...
Read More »Michael O’Leary: I Will Never Invest in Bitcoin
At the time of writing, bitcoin – the world’s number one digital currency by market cap – is worth roughly $11,300. However, according to some – such as Michael O’Leary of Ryanair fame – the price of the asset should be a big, fat zero.Michael O’Leary Isn’t Crazy About BitcoinAs we have seen time and time again, BTC doesn’t have the ability to entice everyone. While many see it as a revolutionary tool that can potentially give many unbanked people access to financial tools that they otherwise...
Read More »