Tag: markets
Three reasons why Bitcoin’s dip below $56.5K could be the local bottom.
"Expect the unexpected" is the first rule of Bitcoin (BTC) trading. There have been five instances of 20 per cent or more daily gains in the last year, as well as five intraday 18 per cent drawdowns. Compared to recent peaks, the volatility over the last three months has been rather low. Traders new to Bitcoin, whether multibillion-dollar institutional fund managers or ordinary investors are often enthralled by a 19 per cent drop following a local top. Many people are even more surprised by the fact that the current $13,360 correction from the all-time high of $69,000 on November 10 took place over nine days.
Liquidations were not triggered as a result of the negative move.Cryptocurrency traders are infamous for using huge leverage, and roughly...
Ethereum, Bitcoin Prices Stabilize After Day of Sideways Trading
Traders restored a bit of stability to the crypto markets on Friday following a day of sideways trading. The bitcoin price and ethereum price...
Jeff Sessions Says Dark Web Use with Bitcoin is ‘Big Problem’
US president Donald Trump’s Attorney General Jeff Sessions has called the Dark Web a “big problem” and hinted at potential future regulatory moves.
As part of a...
Ethereum, Bitcoin Prices Dip as Market Contracts to $143 Billion
The bitcoin price pulled back on Tuesday, dipping nearly $200 to put a pause on its week-long rally. The ethereum price retreated by a...
Shanghai Losing Cryptocurrency Trading Market
As reported by CCTV news, 17 trading platforms will stop cryptocurrency trading in Shanghai. BTCChina, Binance, SZZC, Lhang, ETCWin, Bitekuang, 51SZZC, Hanbiwang, Bitbill, 19800Net, FreeWillex,...
Crypto Speculator Threatens Bytecoin Development Team: “One Week Then I Dump”
Members of the largest Bytecoin-focused Telegram group were surprised this morning to learn that a large-scale holder is distraught with development efforts and will dump...