No one was spared in last week’s crypto crash, during which Bitcoin fell 50% within a 24-hour time period.According to an exclusive report published by industry outlet The Block on Friday, Adaptive Capital, a crypto fund headed by Murad Mahmudov and included partners such as Willy Woo and David Puell, is shutting down after last…
Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered ‘healthy’. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run.Bitcoin Bounces BackThis week has been pretty grim…
When asked about the drawbacks of Bitcoin, many people cite the cryptocurrency market’s immense volatility — multiple days a year, BTC and its ilk have 10%+ days. Case in point, the Bitcoin price tumbled off a cliff in late September, falling from the lofty price point of $10,100 to $7,700 in a week’s time. This…
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month and $6,400 just days ago, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn.Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart PatternAnalysts have understandably divided over the…
Ouch. Bulls haven’t had the best of weeks, with Coin360 reporting that Bitcoin (BTC) has shed some 14% in the past week, trading at $7,300 as of the time of writing this article. Despite the decisively bearish price action, some believe that this market is bottoming, at least for the time being. Here’s why. Related…
For the umpteenth day in a row, Bitcoin (BTC) has bled out. In fact, as reported by NewsBTC on Monday, the cryptocurrency fell as low as $8,000 last trading session, plunging by 5% as bulls failed to step in while bears asserted their dominance. This bearish price action, which has been going on for months…
You’ve likely heard the term “echo bubble” tossed about in relation to Bitcoin over the past couple of months. For instance, hedge fund manager Mark Dow, an investor that shorted BTC when it traded at $20,000 in December 2017, recently quipped that the leading crypto is in a “textbook echo bubble.” This came shortly after…
There is no denying that 2018 has been the year from hell for cryptocurrencies. The majority of them, including the big daddy Bitcoin, have lost over 80% from their peaks almost a year ago. Industry analysts are now looking to 2019 and their predictions of what is to come are not all doom and gloom.…
Crypto markets are horizontal today; Only Digitex Futures is pumping. Cryptocurrency markets are still at the bottom following their mid-week dump. There has been no sign of a bounce back to previous levels as total market capitalization is still hovering just above $200 billion. Bitcoin has remained on a flat line since its Thursday dump…
Over the past day or two, the price of Bitcoin has continued to show signs of strength, rallying as high as $6,800 on Tuesday afternoon (TradingView data) as global markets begin to show signs of recovery after weeks of downward price action.Related Reading: House Democrats Propose ‘Digital Dollar’ in Move Big For Bitcoin: Here’s WhyAs…