Yearly Archives: 2022

$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K

0M in Bitcoin options expire on Friday, giving bears reason to pin BTC under K

No one can blame Bitcoin (BTC) bulls for placing bets at $20,000 and higher for the $600 million weekly options expiry on Nov. 18. After all, this level had provided a solid resistance since Oct. 25 and held for almost two weeks. However, the base scenario changed abruptly on Nov. 8 after a liquidity crisis halted withdrawals on the FTX exchange. The movement surprised traders and over a 48-hour timespan, over $290 million in leverage buyers were liquidated. Bitcoin/USD price index, 12-hour… Source link

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How Risky is It Thursday?

How Risky is It Thursday?

Litecoin achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving… Source link

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Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

Bitcoin price target now .5K as BTC trader says ‘exit all the markets’

Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView FTX CEO tells of “complete failure of corporate controls” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing only mild volatility at the Wall Street open. The pair showed acclimatization to events around the FTX insolvency, the latest including revelations that Alameda Research had been immune from… Source link

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3 reasons why the FTX fiasco is bullish for Bitcoin

3 reasons why the FTX fiasco is bullish for Bitcoin

The “Bitcoin-is-dead” gang is back and at it again. The fall of the FTX cryptocurrency exchange has resurrected these infamous critics that are once again blaming a robbery on the money that was stolen, and not the robber. “We need regulation! Why did the government allow this to happen?” they scream.   For instance, Chetan Bhagat, a renowned author from India, wrote a detailed “crypto” obituary, comparing the cryptocurrency sector to communism that promised decentralization but ended up… Source link

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So You’re Ready to Buy Some Bitcoin. Which Method Should You Choose?

Bitcoin (BTC 1.63%) has lost 75% of its value over the last year. The crypto market may have raced too high, too fast in the fall of 2021, setting pretty much every digital coin up for a sharp correction. Raging inflation and the painful government measures designed to fight that problem have also weighed on high-risk investments this year, and Bitcoin belongs in that category. And if these high-level market concerns weren’t bad enough, crypto investors recently lost some of their faith in… Source link

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Litecoin Price Prediction as LTC Hashrate Plummets

The Litecoin price remained in a consolidation phase on Thursday as investors focused on the ongoing FTX contagion. It was trading at $58.70, which is about 24% above the lowest level this year. LTC/USD and LTC/GBP are about 20% below the highest level this month. Litecoin hashrate slips Litecoin price moved sideways on Thursday as investors reflected on the latest contagion on FTX. For example, crypto exchange Gemini temporarily paused withdrawals on Wednesday as the number of exits… Source link

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Litecoin (LTC) turns bullish after regaining the support of $50!

Litecoin (LTC) turns bullish after regaining the support of !

Litecoin is a decentralized peer-to-peer payment transfer protocol inspired by Bitcoin. It is one of the few cryptocurrencies that has regained its previous support level quickly after the downfall due to the FTX liquidity crisis. It suggests a positive momentum and future growth of Litecoin in the long term. However, should you invest in LTC in 2022? Read our Litecoin prediction to know! At the time of writing this post, LTC was trading around $57.70, which creates a positive sentiment… Source link

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Monero attempts to regain the support: Is XMR’s future safe? – NameCoinNews

Monero attempts to regain the support: Is XMR’s future safe? – NameCoinNews

Monero is a decentralized privacy-centric protocol that keeps the senders’ and receivers’ information hidden during transactions. XMR is the native token of this network and is quite popular because of its wide use cases. At the time of writing this post, XMR was trading around $131, below the previous short-term support of $135 but above the yearly low of $95. In the last four months, the Monero token has been consolidating between $135 and $175. However, after the announcement of the… Source link

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