Famous crypto trader J0E007 was known for betting against Bitcoin. When the price of Bitcoin recovered, he had unrealized losses of $21 million. He has since deleted his Twitter and Bitfinex accounts. Pseudonymous crypto trader J0E007, a well-known Bitcoin “bear whale” who even may—or may not—have been responsible for some Read more…
ETH/BTC is trading 2.37% lower on Wednesday as BTC outperforms against the rest of its peers. The price has made a lower high and broken through a significant support level. ETH/BTC daily chart Ethereum is breaking lower against the king of digital cryptocurrencies (bitcoin). The price has dropped 2.37% on Read more…
The Bitcoin price is trading either in a symmetrical or a descending triangle. There is strong resistance at $9,150. The price is trading inside a very short-term ascending channel. The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours Read more…
US Treasury is borrowing more cash Bitcoin halving coming soon Will BTC hit $100,000 before 2022? The next Bitcoin halving is expected in seven days. Meanwhile, Bitcoin has broken above the $9,000 mark and BTC dominance on the market has surged by almost four percent. The US Treasury intends to borrow $3 Read more…
Bitcoin bulls are taking advantage of the rising interest of the block reward halving next week to stage a recovery above $9,000. The dive from highs at $9,466 on Thursday last week found support at $8,400. Recovery from the support hit a snag at $9,200 on Sunday. The retracement Monday Read more…
Dominance charts show high levels of stress in crypto market fundamentals. Bitcoin strives to win, while Ethereum strives to resist in front of the king. Ripple Ltd’s poor results impact on an XRP lacking in positive news. The fight for market dominance between Bitcoin and Ethereum has taken its toll Read more…
Bitcoin on April 29, reached the $8,000 mark for the first time since Mid-March and a vital factor behind the surge is attributed to the incoming halving event. The Bitcoin halving event has a proven track record of spiking the price value of the digital coin pre and post-event as Bitcoin Read more…
In brief: In a recent tweet, Arthur Hayes jokingly stated that he plans to take Bitcoin (BTC) private at $420,000. His tweet is similar to one Elon Musk made about taking Tesla private at $420. Tesla (TSLA) eventually traded at $420 and would break records in the stock markets. Mr. Read more…
With the Bitcoin halving coming closer (in about a week), more and more investors seem to be jumping on the BTC bandwagon. Despite the fact that Bitcoin failed to make the final leap to cross $10,000, one crypto trader and popular YouTuber states that reaching $20,000 is a matter of time due Read more…
A necessary correction – that is the best definition of what happened on April 30, which saw a setback after cryptocurrencies went too far, too fast. Nevertheless, holding onto most gains shows that the trend remains positive. Stock traders are all too familiar with wild movements at the end of Read more…