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Ripple Price Analysis: XRP/USD Reversal Action Unstoppable Towards $0.22 (coingape.com) 01/23/2020 - 6:22am
Ripple extends bearish correction from $0.25 weekly high, targets $0.22. Technicals could remain bearish throughout the American session on Thursday. Cryptocurrencies across the board are sinking deeper into the rabbit hole. Altcoins like Ripple are erasing the gains accrued in the last one week. XRP, for example, is extending the bearish pressure...
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Bitcoin Price Analysis: BTC/USD Reversal Necessary In Journey to $9,200 (coingape.com) 01/23/2020 - 1:03am
Bitcoin holds above $8,500 after the support at $8,600 gave in to the selling activity. The bearish correction could be a reflex action to create fresh demand for BTC in a bid to push towards $9,200. Bitcoin has had an interesting start of the year following the bull-run that catapulted it from lows at $6,500 in December to highs close to $9,200...
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Pornhub Adds USDT (Tether) Crypto Payments, after PayPal Pull-Out (coingape.com) 01/23/2020 - 12:31am
Popular pornographic website, Pornhub, adds two new payments options, one of them is a crypto stablecoin with the sixth largest market capitalization in crypto-markets, USDT. The models and actors on the website were recently cut-off from their PayPal payroll as it withdrew support from the site in November last year for regulatory compliance. It...
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Bitcoin [BTC] Price Range Chops Weaker Hands – Here are the levels for Bull or Bear Confirmation (coingape.com) 01/22/2020 - 10:39pm
Bitcoin [BTC] price continues to range between $8550 and $8750, while the traders are looking for more volatility. Derivatives and crypto-trader, XC, tweeted on the current market conditions, Lots of people gambling over the last few days on $BTC , this range been engineered to f*** low time frame traders and it seems to be working well. BTC/USD 1...
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Instantaneous Bitcoin [BTC] Payment Will Soon be Enabled at Starbucks, Courtesy of Bakkt (coingape.com) 01/22/2020 - 2:39pm
An undisclosed source reveals that Bakkt, the ICE affiliate and the firm that was approved the US CFTC to list physically delivered Bitcoin Futures, is planning on tackling concerns that impede crypto adoption and spur real-world use case. As such, it is rumored that Bakkt is working on launching a product and test launch first with Starbucks, an...
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Tron (TRX), Not Ethereum (ETH), Has the Most Active Users: Report (coingape.com) 01/22/2020 - 10:25am
Tron, the Justin Sun-led smart contracting platform, has the most active users ahead of both EOS and Ethereum. This is according to a summary by CryptoDiffer, and highlights differentiating statistics behind the three popular protocols further debunking beliefs closely held by the community. Ethereum, being the first of the kind platform to offer...
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Bitcoin Price Analysis: BitMEX’s XBT/USD Readies For A Lift-off To $9,200 (coingape.com) 01/22/2020 - 7:12am
Bitcoin price current consolidation could result in an upsurge retesting $9,200. Traders continue to shun the choppy market but technicals suggest a lift-off is nigh. Bitcoin opened the session on Wednesday at $8,720. A shallow upward correction hit an intraday high at $8,791. The price has also tested the short-term but vital support at $8,600...
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Analyst Expects Ethereum [ETH] to Surge to $200: Here’s Why (coingape.com) 01/22/2020 - 6:00am
Ethereum bulls target the $200 psychological resistance as the weekly price candle bounced off key support at $160 USD. The weekly MACD flipped bullish for the first time since December 2018. Ethereum (ETH) changes hands at $169.40 USD, as at the time of writing. The cryptocurrency market has been on a momentous uptrend since the start of 2020, as...
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India Negative on Crypto Ban, while it’s Payments Bank Industry Reports Losses (coingape.com) 01/21/2020 - 11:57pm
In two surprising announcements yesterday, the Reserve Bank of India (RBI) not only reported a failure of another payment bank, but also clarified it’s stance on crypto. While Vodafone’s M-pesa is huge success in Africa, it fails to gather any momentum in India. Hence, the company decided to surrender it’s PPI license. In a consecutive action, RBI...
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Bitcoin Price Analysis: BTC/USD Majestically Jumps Above $8,700, $8,800 Beckons Profusely (coingape.com) 01/21/2020 - 10:46pm
Bitcoin price quickly reclaims ascending channel support in a bid to break $8,800 resistance. The support at $8,500 has proved to be essential to Bitcoin’s uptrend in the last few days. Bitcoin price is exchanging hands 0.20% lower on Wednesday towards the end of the Asian session. The trend has been mostly bearish since the opening. However, the...
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Twitter CEO Builds on Bitcoin, as Facebook’s Crypto, Libra, Faces another Back-Out (coingape.com) 01/21/2020 - 10:40pm
After the exit of PayPal, Ebay, MasterCard, Uber and more. Now, Vodafone has also decided to call it quits from the Libra Association. Vodafone was one of leading firms in the list of validators on the Libra Blockchain. Moreover, in a bid to pursue their goals towards improvements in the payment and financial services industry. The spokesperson...
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Global Central Banks Form Commission To Asses Use Of Central Bank Digital Currencies (CBDC) (coingape.com) 01/21/2020 - 7:48am
Top Global Banks including BOE, BOJ, ECB and Swiss National Bank launch commission to asses the potential use cases of a central bank digital currency. The Bank of International Settlement announced the formation of a new group to oversee a possible launch of a central bank digital currency (CBDC) in their respective jurisdictions. The commission...
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Bitcoin Price Stalls Under $8,700: Channel Support To Give Way Back to $9,000 (coingape.com) 01/21/2020 - 6:34am
Bitcoin price continues in consolidation above $8,600 support. The channel support has been tested twice and is likely to be the stepping to for Bitcoin’s ascend to $9,000. Bitcoin is showing strength and determination to sustain the shallow recovery made from the support on Monday at $8,500. Unfortunately, not much of recovery movements are being...
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Bitcoin, Crypto Day Traders Won’t be Excluded from the New Congress Bill on Capital Gain Tax (coingape.com) 01/21/2020 - 5:53am
A new proposed bill in the US House of Representatives could see capital gain tax for personal cryptocurrency transactions apply if profits exceed $200. This is an amendment of the Internal Revenue Code of 1986 to exclude taxation of gross income gain of virtual currency in a personal transaction, a radical shift that could spur more participation...
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Ripple-Backed MoneyGram Partners with an UAE Exchange to Expand in Oman & Asia Pacific (coingape.com) 01/21/2020 - 5:12am
Ripple-backed MoneyGram is partnering with Lulu Exchange, an UAE-based exchange, to “help Lulu digitize its money transfer business and partner together to bring leading, consumer-centric capabilities to consumers in Oman and across the Asia-Pacific region.” MoneyGram is a money transfer service provider that received a $50 million investment for...
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Baidu Releases Beta Version of its Blockchain “Xuperchain” (coingape.com) 01/21/2020 - 4:39am
Baidu Inc. announces its open source blockchain project, Xuperchain, in an official report released on Tuesday this week. The blockchain will be available as a beta project, and users can pay 1 Chinese yuan (CNY), approx. 0.14 USD, to launch decentralized applications (dApps) on the platform. An official announcement earlier on Tuesday from Baidu...
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Bitfinex Launches Sub-Account Feature Amid Growing Institutional Demand in Crypto (coingape.com) 01/21/2020 - 1:53am
Bitfinex, a state-of-the-art digital asset trading platform, has launched a sub-account feature that allows users of the exchange to set up multiple trading accounts within one master account. The addition of the sub-account feature meets institutional demand to deploy more complex crypto trading strategies. The feature will enable users to create...
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Ethereum Price Analysis: Why ETH/USD $180 Target Is Achievable Short Term? (coingape.com) 01/21/2020 - 1:40am
Ethereum gears up for another lift-off as technicals fall in line. Ethereum emerges bulls above the 50 SMA in its short term trendline analysis. Ethereum bulls appear to be gathering once again following the battering experienced on Monday. Moreover, the bulls were quite disappointed when the price failed to break above the resistance at $180 on...
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Bitcoin [BTC] Price Breaks Support from Bear Pattern, but Holds Bulls above $8500 (coingape.com) 01/21/2020 - 12:51am
Bitcoin [BTC] has been primarily ranging between $8500 and $8725 since the violent move on Sunday. Nevertheless, the price broke below the ascending wedge pattern on a daily scale, this could be a bearish signal. The 50 and 100 Day Moving average is at currently at $7608 and $7975, respectively, will act as levels of support in case of bears. BTC/...
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Bitcoin Cash (BCH) As A Medium of Exchange Finds Stiff Competition From DAI, Tether, USDC (coingape.com) 01/20/2020 - 11:21am
Bitcoin Cash (BCH) proponents forward a narrative of speed, security, scalability, and fast transaction settlement. All this has been made possible because of several enhancements that continue to be made on-chain. For perspective, the Bitcoin Cash network has hard forked several times since August 2017. Amid the turbulence as they angle to be a...
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Binance Adds Peer-to-Peer (P2P) Trading for Vietnamese Dong (VND) (coingape.com) 01/20/2020 - 7:00am
Binance, the leading global cryptocurrency exchange, and blockchain ecosystem, today announced the launch of peer-to-peer (P2P) trading services for the Vietnamese Dong (VND). Starting today, users in Vietnam can directly buy and sell USDT, BTC, ETH, and BNB using VND on the latest versions of the Binance iOS and Android mobile apps. VND is the...
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Bitcoin Price Breaks Rising Channel Support: How Far Will The Consolidation Above $8,600 Go? (coingape.com) 01/20/2020 - 6:53am
Bitcoin settles between $8,600 and $8,750 as bulls lick the wounds from the fall at $9,200. If the support at $8,600 fails to hold, the ongoing consolidation could end up in declines towards $8,000. Bitcoin continues to the bullish action from January 14 in an interesting surge above $9,000. There was an attempt to break above the rising channel...
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IOTA Is Up 27% Week-to-Date, But Will These 3 Reasons Spur Further Demand (coingape.com) 01/20/2020 - 2:33am
At press time, IOTA is changing hands at 24 cents against the greenback and up an impressive 27% in the past 7 days of trading. However, from some quarters, optimism and confidence in the project could see it soar to astronomical levels. Gems from the Fundstrat Report IOTA Market Performance | Source: Coinstats.app Earlier, a Fundstrat report...
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How to Improve Security of Crypto Wallets? Experts Discuss Schiff’s Lost Bitcoins (coingape.com) 01/20/2020 - 12:18am
Peter Schiff yesterday reported that he lost all of his Bitcoins that he had stored in his wallet. The Bitcoins were given to him as a persuasion attempt that began with Erik Voorhees, Anthony Pompliano and others sending Bitcoins to Schiff. Now, Schiff reports that ‘it’s gone.’ Error Message for Peter Schiffs’ Bitcoins ( Tweet ) There have been...
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Bitcoin Price Rejected At $9,200: How Well Can $8,500 Support Hold on Monday? (coingape.com) 01/19/2020 - 10:53pm
Bitcoin barely stays above $9,000 after selling pressure reversed the gains made over the weekend. Sideways trading is likely as shown by the ranging RSI beneath the resistance at 40. Bitcoin majestically cleared the resistance at $9,000 over the weekend. For the first time in 2020 Bitcoin bulls managed not just to push the price above $9,000 but...
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Bitcoin [BTC] Price Logs 2nd Flash Dump and Pump below $8500 – Here’s What Cause it (coingape.com) 01/19/2020 - 10:36pm
Bitcoin price logs its second flash drop and buy back of the day that can be viewed only on the 1 minute chart. On Sunday, the price touched $846X twice with the second move being much more aggressive. After the first dip the spot price of Bitcoin [BTC] bounced back around $300 from low at $875X. The price action orchestrates a similar dump and...
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Bitcoin [BTC] Price Action Recalls the Bears, as Bounce above $8,500 Keeps them at Bay (coingape.com) 01/19/2020 - 9:23am
Bitcoin [BTC] eminent pull-back seems to have finally occurred and the whales seems to have timed a large shake-shout of long orders. The Price Action (PA) logs one of the longest spinning tops on the daily with the high at $9,188 and low at $8,480. BTC/USD 1-Day Chart on Bitstamp ( TradingView ) As reported earlier this morning, the break above...
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Bitcoin (BTC) Soars Past $9,100 USD Breaking Key Resistance, $14,000 USD Incoming? (coingape.com) 01/19/2020 - 4:41am
Bitcoin (BTC) soared to a new yearly high at $9,188 USD in the early trading hours on Sunday. The price breached a key psychological resistance signaling a possible rise to $10,000 in near term. Bitcoin (BTC) has been on a sustained uptrend in 2020 as the crypto market reawakened in preparation of the upcoming Bitcoin halving in May. BTC/USD...
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Bitcoin (BTC) Ban Scares Institutional Investors the Most, But it’s Impossible in the US (coingape.com) 01/18/2020 - 11:47am
Bitcoin (BTC) performance in the first half of January has been nothing short of impressive. Expectations have been exceeded and the community’s is pumped with dopamine. However, gains would be better if institution grade investors had unfettered access into the market through several products including the US Securities and Exchange Commission (...
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XRP Offers Perfect Chance To Stack Bitcoin As Price Targets Key Resistance At 2800 Sats, Analyst (coingape.com) 01/18/2020 - 5:41am
XRP price patterns presents a perfect opportunity to stack Bitcoin (BTC) as XRP/BTC targets key resistance at 2700 sats. XRP provides a better way to stack satoshis than EOS, analyst says The RSI, MACD, Volume and Bollinger Bands indicators on the higher time frames (TF) charts signals a bullish momentum in the near term. The altcoin market is...
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Bitcoin [BTC] Price Above $10,000 is Key for Bulls – Analysts Explain (coingape.com) 01/17/2020 - 11:10pm
The uncertainty in Bitcoin [BTC] price continues as Bitcoin continues to trade around the $8,800 to $9,000 area. The volatility in the market is high, and after the recent bull run, the bias is currently on shaky grounds. While the Price Action (PA) is unclear and some investors might look to FOMO into buying or selling. Leading analysts with a...
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Crypto Weekly Trading Volume Soars To All-Time Highs (ATH) As Bulls Target $300 Billion Market Cap (coingape.com) 01/17/2020 - 7:55pm
Total cryptocurrency trading volume hit an all-time high (ATH) of $176 billion USD on Wednesday as the market recorded its highest weekly trading volumes. According to the reported data on Coinmarketcap, the total volume traded over the past week hit a record cumulative figure of over $800 billion USD, signaling a reawakening of the bulls and a...
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Bitcoin (BTC) Pump was sparked by Fear and Uncertainty in Russia: Analyst (coingape.com) 01/17/2020 - 7:08pm
This week’s Bitcoin (BTC) pump was sparked by capital flight from wealthy Russians who rushed to the exits following a wave of the resignation of government officials. The result was an inevitable spike of BTC prices in a moment of FUD that ultimately lifted the cryptocurrency market. Bitcoin is up because of FUD in Russia This is according to one...
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Ethereum Classic (ETC) is up 100%, But a 1,000X May be on the Cards (coingape.com) 01/17/2020 - 12:42pm
Forget Bitcoin SV, Ethereum Classic (ETC) is attracting the attention of traders. Until this week, the coin has been at the periphery, lodged outside the top 20 by market cap but events of the last few days have been shaping for the coin. Ethereum Classic [ETC] Flips Cardano [ADA] and Tron [TRX] At press time, the top has flipped Cardano (ADA),...
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Bitcoin [BTC] Price Dips Below $8800 – Has Correction from 40% Move up Begun? (coingape.com) 01/17/2020 - 9:48am
The volatility in Bitcoin’s price continues to remain high as Bitcoin [BTC] continues to showcase up and downturns of about $200. It briefly touched a high at $9013 as the sellers began to pour in looking for a correction. The 200 Day Moving Average continues to pose a huge resistance to the bulls at $9065. The price of Bitcoin [BTC] at 14: 30...
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Bitcoin Price Cheerfully Touches $9,000: Was This A False Breakout? (coingape.com) 01/17/2020 - 7:13am
Bitcoin breaks the $9,000 resistance but fails to sustain the gains. A reversal could be necessary for Bitcoin to create fresh interest from the bulls. Bitcoin is still the cheerleader in the cryptocurrency market. Besides, it is the largest digital asset and by far the most traded. Its impact on the altcoin market continues to be felt more than a...
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Ethereum (ETH) Set To Become The First Crypto To Surpass $1 Trillion Dollar Market Cap, Analyst Says (coingape.com) 01/17/2020 - 5:06am
Decentralized Finance (DeFi) products soared to All-Time Highs (ATH), surpassing the $800 million mark in total value locked (TVL) in USD. While the price of Ethereum (ETH), the platform hosting these DeFi apps, has performed rather poorly over the past two years, the growth in DeFi products has grown to obscure heights. Can ETH be the first...
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XBT/USD Analysis: Bitcoin Re-ignited Bullish Wave Is Fixated On $9,000 – BitMEX Margin Trading (coingape.com) 01/16/2020 - 11:14pm
Bitcoin retakes the support at $8,800 amid renewed bullish strength. Resistance at $8,900 and $9,000 must come down for Bitcoin to avoid losses towards $8,000. Bitcoin recently soared to higher levels compared to the ones traded at the beginning of the year. The price cleared several barriers including $8,900. However, the momentum lost its mojo...
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Tron (TRX) Sets Sights At $0.02200 USD As Justin Sun Announces New TRX-backed Stablecoin (coingape.com) 01/16/2020 - 10:59pm
Justin Sun, Tron Foundation CEO, announced the launch of a new stablecoin backed by Tron (TRX) and BitTorrent (BTT) on Thursday 16th January 2020. The flamboyant and media friendly founder asked for the community’s opinion on what to name the coin in his ever-present suggestions/guessing game during announcements. However, the tenth largest...
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Coinbase Adds Support for Binance IEO, Matic – A move due to SEC’s Warning? (coingape.com) 01/16/2020 - 10:23pm
Coinbase Exchange has begun addition of support for Binance’s first IEO, Matic Network. This morning, the exchange announces on Twitter, Coinbase Custody now supports deposits and withdrawals for $MATIC The next step eventually should be addition of trading at the retail and Coinbase Pro exchange. Binance and Coinbase are the leading spot exchange...
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“The Next Bitcoin Bull Run Will Be Different,” Crypto Analyst Says (coingape.com) 01/16/2020 - 9:29pm
Bitcoin is currently on the verge of a mega move in the coming year – whether bullish or bearish – as it sits comfortably on the $8,700 support/resistance level. While the technical and fundamental prospects points to a potential bullish run, given the upcoming block reward halving in May, there remains doubts on whether the retail market will...
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Bitcoin (BTC) May Soar to $13,800, Two Reasons Why (coingape.com) 01/16/2020 - 1:16pm
Bitcoin (BTC) could gallop higher to $13,800, or 2019 highs, if price action is anything to go by. Following a successful week, BTC is now trading at around $8,700, and looks likely to close the week higher, above an important liquidation level for the first time since September 2019 when bulls faltered causing prices to collapse to around $6,500...
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Bitcoin SV [BSV] Drops Over 45% Since ATH, Is Price Headed To Sub-$200 USD Levels? (coingape.com) 01/16/2020 - 7:31am
Bitcoin SV (BSV) has been on an insane uptrend in the past week or so climbing to all-time highs of $455 USD on Tuesday this week. However, the soar in BSV’s price has since been cut short with bears coming into the market strong as price plummeted to $284.56 USD, as at time of writing, representing a 45% drop in the past 48 hours. Moreover, the...
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Bitcoin Price Analysis: How BTC/USD $300 Correction Killed January 2020 Surge? (coingape.com) 01/16/2020 - 6:43am
Bitcoin opens the Pandora box with the retreat to $8,600. The correction to $8,400 might be necessary for the creation of fresh demand to aid in the recovery journey. Bitcoin is trading 1.34% lower on the day amid a generally retracing cryptocurrency market. The losses occur after a bullish week that saw BTC surge incredibly to highs almost...
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Tron [TRX] Addresses are the 3rd Most Active after Bitcoin and Ethereum (coingape.com) 01/16/2020 - 4:36am
Tron, the smart contracting platform that competes with Ethereum and EOS and ranked highly by the China’s Center for Information and Industry Development (CCID), has climbed up the public addresses rankings only trailing Bitcoin and its competitor, Ethereum. Tron is the third most active after Bitcoin and Ethereum Taking to Twitter to report the...
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Ethereum (ETH) Bulls Rejected Just Below An Important Resistance Line (coingape.com) 01/16/2020 - 1:32am
After a superb first half of the week, Ethereum (ETH) bulls are slowing down. At pixel time 9:00 am UTC+3, the second most valuable coin by market cap, is changing hands at $162 and largely unchanged in the last trading day. However, what’s notable is the rejection of prices at the $160-$165 resistance, former support, level. The zone is important...
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Bitcoin Long Orders on Bitfinex Slumps 40% in January, as Futures Market Project more Volatility (coingape.com) 01/16/2020 - 12:18am
The futures and derivatives market on Bitcoin is witnessing drastic changes since the beginning of the year. While the volume and open interest has increased across all platforms with the increase in price. There are a few alarming signals for the bulls as well. The long interest at BitFinex has dropped by 38.2% from 47,500 to below $30,000...
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XBT/USD Analysis: Why Bitcoin’s Reversal To $8,000 Imminent? BitMEX Margin Trading (coingape.com) 01/15/2020 - 10:40pm
Bitcoin hits the pause button before testing $9,000; correction is under towards $8,400. Bitcoin upward correction is likely to hit more hurdles especially with the formation of the rising wedge pattern. The cryptocurrency market is painted red every as corrections from the recent high catch momentum. Bitcoin has already suffered a 2% loss on...
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Bitcoin [BTC] Rejects 2nd Attempt at $9000 – Here are the R&S for Top 3 Crypto (coingape.com) 01/15/2020 - 10:25pm
The uptrend in the crypto markets cooled off after a $25 billion rise in a short while. The sellers seems to have rejected another attempt earlier today as BTC price logged high at $8865. However, it soon followed with a $200 correction. The price of Bitcoin [BTC] at 2: 45 hours UTC on 16th January 2020 is $8660. The bull run in crypto market...
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