Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air

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Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have regained a…

Markets Update: Crypto Prices Continue to Gather Bullish Momentum

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Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20…

Markets Update: Crypto Prices Show Strong Recovery After Binance Loss

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Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Also read: $500K of BCH Shuffled…

Bitcoin Shorts Reach ATH, is a Short Squeeze Incoming?

Bitcoin Shorts Reach ATH, is a Short Squeeze Incoming?

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Bitcoin has continued to plunge since January 2018, with no respite in sight. Bitcoin shorts reached all-time highs on BitMex and other exchanges which offer derivatives. That said, a phenomenon called a ‘short-squeeze’ could score a savvy trader a tidy profit. An oft-ignored, yet blaring feature of the cryptocurrency markets is the trading action on…

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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The cryptocurrency markets continued last week’s comeback and gained $14 billion in market cap. Last week, we saw many cryptocurrencies below the Ichimoku cloud and between major support and resistance levels. Let’s see where the top cryptocurrencies are at this week using technical analysis. Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme…

Technical Analysis: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

Technical Analysis: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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Cryptocurrency markets continued the bullish trend this week with an almost $40 billion increase in market cap at one point. Over the weekend, however, a strong pullback occurred leaving the overall market cap around $430 billion. This week, we will use technical analysis to look into the current price action of Bitcoin, Litecoin, Ethereum, Bitcoin Cash,…