Nearly $20 Million of BitMEX Longs Liquidated As Bitcoin Tumbles Below $8,800
Since NewsBTC's last market update, the Bitcoin market has continued to flash signs of weakness. After managing to temporarily reclaim ...
Tag: xbtusd
“Rich Dad Poor Dad” Author Continues to Promote Bitcoin as Economy Worsens
Prior to the ongoing recession, there were skeptics saying that Bitcoin would perform poorly in one. When the stock market ...
These Massive Bitcoin Sell Walls on OKEX Could Spell Trouble for BTC
Bitcoin has seen a sharp overnight selloff that led its price to decline to lows of $8,800 today, with the ...
Why Analysts Expect a Deeper Drop After Bitcoin Just Crashed Below $9,000
After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in ...
50% Crypto Crash in March Was a “Nuclear Bomb” With a Silver Lining: Investor
Just nine weeks ago, the crypto market fell off the face of a cliff. Within 24 hours, from the peak ...
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $9,500
Bitcoin started a strong downside correction from the $9,945 high against the US Dollar. BTC tested the $8,800 support area ...
The Chinese Yuan is Falling Once Again — and That’s Key for the Bitcoin Bull Case
Last year, one of the biggest narratives in the Bitcoin market was that tensions between China and the U.S. — ...
Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price
Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of ...
Why Bitcoin Claiming This Crucial Level Will Set the Stage for a Move to $11,000
After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this ...
The $90 Million Bitcoin Pizza Story Has an Unexpected Silver Lining
Ten years ago yesterday, programmer Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John's pizzas in a trade that took ...
Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining
Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week. After rallying towards $10,000 at the start ...
Bitcoin Avoids “Miner-Death-Spiral” Despite Seeing a Sliding Hash Rate
Bitcoin saw a 6% negative mining difficulty adjustment this week, which ensures that the cryptocurrency will continue mining blocks every ...
Prepare for Turbulence: Here’s Why Traders Expect Bitcoin to See Major Volatility
Bitcoin has entered what appears to be yet another consolidation phase within the lower-$9,000 region. The crypto is struggling to ...
Bitcoin’s NVT Indicator Shows that the Network is Incredibly Healthy
One key on-chain indicator is now signaling that Bitcoin is seeing intense underlying strength despite its recent turbulent price action. ...
Why Bitcoin Could Rally on a U.S. Federal Holiday With Stock Market Shut
This weekend and on Monday, trading desks across the stock market and other traditional markets will be shut down. But ...
Renowned Analyst Claims Bitcoin Heads to $6,300, But Is it Realistic?
Bitcoin is back in the spotlight after a 50 BTC transaction potentially owned by its creator Satoshi Nakamoto. As speculation ...
Bitcoin Falls 9% Right After Forming Golden Cross; Fractal Similar to Pre-March Crash
Bitcoin formed a super bullish Golden Cross on May 20, 2020. Nevertheless, the cryptocurrency plunged by up to 9 percent ...
No, China Is Not Banning Bitcoin Mining: Chinese Crypto Insiders
China was once a hub for Bitcoin innovation and investment, but the nation has shifted gears over the past couple ...
Bitcoin Saw A Key Technical Breakdown: Here’s Why BTC Could Decline Further
Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently ...
Bitcoin Bulls Defend Against a Drop Below 200-Day EMA; What Comes Next?
It has been a rough day for the benchmark cryptocurrency. After flashing some signs of weakness, Bitcoin briefly dipped below ...
