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Posts published in “Markets and Prices”

Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis)

This time yesterday it appeared that all was lost, as Bitcoin price slipped within $100 of the current 2018 low. Then something unexpected occurred. Perhaps shorts got squeezed out of their loftily precarious positions or was it Tether’s newly minted $130 million USDT that saved the day? Bitcoin Price Market Overview Bitcoin  spent the better part of the day fighting off bears and the cryptocurrency managed to post an impressive 10% gain as it briefly

The post Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis) appeared first on Bitcoinist.com.

Bitcoin Price LIVE: Mounting Bitcoin Shorts Precarious for the Bears

Bullish Bitcoin Signals Suggesting Bears Nearing Point of Exhaustion

Bearish Sentiment as derived from Bitfinex long and short position data in the Bitcoin market has rapidly advanced in the past week two weeks, with Short positions at the exchange doubling from 17k short to 34k in the price decline from $7,500 to $5,900, showing no immediate sign of slowing. At the same time, long positions have decreased to lows of 26k, meaning that the bears are outweighing the bulls by 30%. Bears Need New

The post Bitcoin Price LIVE: Mounting Bitcoin Shorts Precarious for the Bears appeared first on Bitcoinist.com.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT?

Waltonchain (WTC) Price Climbs as Company Releases Key Product

After dropping within a hair of $6,000, Bitcoin (BTC) price bounced around in a tight $120 range before mysteriously spiking $400 in just 30 minutes. Was this simply a breakout from consolidating prices, or did Tether (USDT) have something to do with it? Bitcoin Price Market Overview Loads of people believe that Bitcoin , and other cryptocurrencies are being manipulated by cryptocurrency exchanges, whales, and a particular stablecoin that has been implicated in multiple scandals

The post Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT? appeared first on Bitcoinist.com.

Crypto Investors Dream of Trillion-Dollar Market Cap Amidst Bitcoin ETF

Crypto Investors Dream of Trillion-Dollar Market Cap

Amid the seemingly inevitable SEC decision on the Bitcoin ETF, some are wondering if a trillion-dollar market capitalization is within reach.   Amidst a year of ups and downs, investors and enthusiasts alike are eagerly awaiting the decision on the SEC’s Bitcoin ETF. Some are hopeful that the ETF will boost markets while allowing Bitcoin to reach the coveted trillion-dollar market capitalization. Medium’s Karim Heiden remains adamant that it will take several steps to achieve this goal: There is a blueprint

The post Crypto Investors Dream of Trillion-Dollar Market Cap Amidst Bitcoin ETF appeared first on Bitcoinist.com.

Investors Turn To Bitcoin In Turkey As Lira Value Slips

Turkey Turkish lira

The Turkish Lira value took a huge hit today, bringing the currency down 13% for the day and more than 45% for the year. Fiat Vs. Bitcoin Today the value of the Turkish Lira sank almost 16% before slightly retracing to 0.155 TRY/USD, currently a 13% loss for the day. This brings the value of the Turkish Lira down more than 45% from this time one year ago. Bitcoin enthusiasts took to Reddit to claim another

The post Investors Turn To Bitcoin In Turkey As Lira Value Slips appeared first on Bitcoinist.com.

Bitcoin Dominance Hits 2018 High Despite Price Slump

Bitcoin dominance

While Bitcoin (BTC) marks yet another day trading in the red, the world’s leading currency is widening its lead in the market cap race, whose total share is now above 50 percent, the biggest since December 2017. Price Down; Market Share Up  It’s safe to say that Bitcoin has seen far better days than the last week. Throughout the period, the cryptocurrency lost near 20 percent of its value. At the time of writing this,

The post Bitcoin Dominance Hits 2018 High Despite Price Slump appeared first on Bitcoinist.com.

Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

Bitcoin and other cryptocurrencies will dramatically increase the effectiveness of the financial industry. Bitcoin is an efficient alternative in countries with unstable economies, according to a study recently published by Infiniti Research. Cryptocurrencies Impact the Financial Industry The rate at which research reports about Bitcoin and other cryptocurrencies are being published is increasing. The latest piece of research comes from Infiniti Research, a provider of market intelligence, entitled “Top 4 Types of Digital Currency and Their

The post Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests appeared first on Bitcoinist.com.

Bitcoin Price Analysis: BTC Needs to Pump Up the Volume

Today Bitcoin price pulled off a minor relief rally, but will the king of cryptocurrencies maintain momentum as volume fades? Bitcoin Price Market Overview This week has been a tough one for cryptocurrencies as the total market capitalization dropped to $228 billion, which is roughly 24% down from the July 27 high of $300 billion and significantly removed from the $830 billion market cap of December 2017. Fortunately, BTC did find sellers as it bounced

The post Bitcoin Price Analysis: BTC Needs to Pump Up the Volume appeared first on Bitcoinist.com.

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