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Delving into captivating crypto narratives, revealing breakthroughs in decentralization, and offering astute evaluations within the digital assets landscape.

This top cryptocurrency barely flinched as $40 billion got wiped off the market

Analysis 5 years ago

From March 8 to 10, within a 48-hour span, the Bitcoin price plummeted by 13 percent in a severe short-term pullback. As the cryptocurrency market crashed overnight, one asset outperformed BTC and other major altcoins. In the same period, Chainlink (LINK) rose ten percent against Bitcoin, performing strongly against the entire cryptocurrency market. Why has […]

This top cryptocurrency barely flinched as $40 billion got wiped off the market

Investors rush to safe havens while Bitcoin fails to meet expectations

Analysis 5 years ago

Safe-haven assets are on the rise amid concerns over a widening coronavirus outbreak. Meanwhile, Bitcoin collapsed over the weekend as investors begin to question its capability to act as a hedge. Global rush into havens Gold prices surged above $1,700 per ounce as investors massively took a flight to safety worldwide. The precious metal hit […]

Investors rush to safe havens while Bitcoin fails to meet expectations

Aftermath of the shocking $1,500 Bitcoin plunge: where do top traders see BTC next?

Analysis 5 years ago

The Bitcoin price has dropped by 16 percent since March 8 in one of the steepest sell-offs in recent months. After the brutal drop, the sentiment of top traders on the short-term price trend of BTC remains divided. Bitcoin trend is bearish, for a start As reported by CryptoSlate, the overnight $1,500 plunge of Bitcoin […]

Aftermath of the shocking $1,500 Bitcoin plunge: where do top traders see BTC next?

Analyst: Bitcoin could see an explosive upwards movement after tapping key “buy zone”

Analysis 5 years ago

Bitcoin (BTC) saw a massive selloff this morning that sent the cryptocurrency reeling from the upper-$8,000 region to lows of $8,100, before finding some support that has allowed it to rebound slightly. This intense selloff has led the benchmark crypto to dive into what one top analyst is calling a long-term “buy zone” – meaning […]

Analyst: Bitcoin could see an explosive upwards movement after tapping key “buy zone”

An abrupt 7% Bitcoin price drop to $8,100s liquidated $185 million of longs on BitMEX

Analysis 5 years ago

The Bitcoin price declined by seven percent in the last 24 hours, liquidating more than $185 million worth of longs. The drop comes hours before the highly anticipated weekly close of BTC. $91 million worth of longs liquidated in a single hour With many hours left on the day towards the weekly close, Datamish.com shows […]

An abrupt 7% Bitcoin price drop to $8,100s liquidated $185 million of longs on BitMEX

Kyber Network skyrockets over past month as fundamentals grow stronger

Crypto 5 years ago

Kyber Network has seen its price skyrocket over 200 percent in the past month following a series of announcements that have proven the strength of this project. Despite the substantial upswing, multiple technical indicators estimate that a correction could be underway. Kyber’s fundamentals grow strong February was an important month for Kyber Network due to […]

Kyber Network skyrockets over past month as fundamentals grow stronger

How this crypto exchange is already challenging BitMEX less than a year since its launch

Exchanges 5 years ago

FTX—a crypto derivatives exchange invested by Binance in December 2019—is rapidly eating up the cryptocurrency futures trading and options market. According to the data released by researchers at Skew, the open interest of Ethereum futures on FTX has hit $95.7 million. That is, more than 50 percent of the open interest of OKEx and BitMEX, […]

How this crypto exchange is already challenging BitMEX less than a year since its launch

Why the Bitcoin price just dropped 4% in a single hour, liquidating $20 million

Analysis 5 years ago

The Bitcoin price just dropped by more than four percent within one hour—from $9,224 to $8,851—after 52 hours of ranging with low volatility and volume. The sudden drop led to the liquidation of $19.25 million on BitMEX and $1.5 million on Bitfinex based on statistics from Datamish.com, causing a sizable long squeeze in a short […]

Why the Bitcoin price just dropped 4% in a single hour, liquidating $20 million

Coinbase CEO: Solving these four problems will bring billions of people to crypto

Adoption 5 years ago

There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support. From an investment standpoint, investors overwhelmingly seem to favor Bitcoin as the currency of the future, with its market […]

Coinbase CEO: Solving these four problems will bring billions of people to crypto

Chinese scam PlusToken is moving $117m in Bitcoin: research firm

Scams 5 years ago

The PlusToken scam has deposited around 13,000 BTC to a mixer in the past 24 hours, reports blockchain research firm Ergo. Mixer deposits in Bitcoin do not necessarily mean a sell-off in the immediate future, but it raises the probability of it. Researchers at Ergo said: “~13k [BTC] in new PlusToken mixer deposits in last […]