The Last Time Institutions Built This Big of a Bitcoin Short, It Crashed 60%
As Bitcoinist has extensively covered over recent weeks, Bitcoin is in an odd spot. The leading cryptocurrency currently trades above the support of $8,500 and below the $10,000 resistance.
With...
Bitcoin Hashrate Stays High Despite Hashprice Falling To Historical Lows
Data shows the Bitcoin mining hashrate has remained at high levels recently, despite the hashprice observing a deep plunge.
Bitcoin Hashrate Has Continued To Be Near All-Time Highs Recently
The “mining...
Analyst: Bitcoin’s Price Action Looks Like the Start of 2017’s 2,000% Rally
From a macro perspective, Bitcoin is still in a consolidation pattern. The cryptocurrency has printed a series of lower highs and higher lows over the past year, with prices...
Bitcoin September Roadblock: ETF Delay’s Impact, According to Analysts
Bitcoin, the world’s leading cryptocurrency, appears to be on shaky ground as it heads into September, historically a challenging month for the digital asset.
The uncertainty stems from a...
Bitcoin’s Hash Rate Just Hit a High — Max Keiser Thinks Price Will Follow
Despite stagnation in the Bitcoin market, the hash rate of the leading cryptocurrency has grown stronger and stronger. The hash rate is the measure of the computational power being...
Solana Co-Founder Pushes For SOL Token Redistribution From FTX To Bankrupt Exchange’s Users
Solana co-creator Anatoly Yakovenko, in an aggressive move that could potentially reshape the fate of the embattled cryptocurrency exchange FTX and bolster the Solana network, has called for the...
Bitcoin May Confirm a Massive H&S Pattern, Marking a Long-Term Top
Bitcoin is currently in the process of breaking out of its trading range between $9,000 and $9,300
The crypto is now showing some signs of strength following yesterday’s harsh rejection...
JP Morgan Predicts SEC Will Be Forced To Approve Bitcoin ETFs, Here’s Why
JP Morgan analysts, spearheaded by Nikolaos Panigirtzoglou, have forecasted that the US Securities and Exchange Commission (SEC) will likely be forced to greenlight several spot Bitcoin Exchange-Traded Funds (ETFs)....
