Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts…

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This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some…

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Ethereum (ETH) On the Verge of a Massive Upswing as Altcoins Begin Rallying

Ethereum (ETH) On the Verge of a Massive Upswing as Altcoins Begin Rallying

After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the…

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Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls…

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Blockchain Analytics Firm CipherTrace to Support Traceability for Binance Chain, BNB

Blockchain Analytics Firm CipherTrace to Support Traceability for Binance Chain, BNB

Menlo Park, California-based CipherTrace, a leading blockchain and Big Data analytics firm, announced on November 5 that it has added support for Binance Chain, a public blockchain network developed by Binance, the world’s largest digital asset exchange. As noted on Binance’s official website: “Binance Chain is the underlying blockchain layer for Binance DEX. Now, with…

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Stellar (XLM) Surges 14% Following SDF’s Massive 55 Billion Lumens Token Burn

Stellar (XLM) Surges 14% Following SDF’s Massive 55 Billion Lumens Token Burn

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the ongoing development of the open-source Stellar protocol, has burned 55 billion of its XLM tokens, which accounts for half of the digital currency’s circulating supply. In #Mexico City for the #meridian conference on #Stellar, blockchain technology & Mobil Money. Looking forward…

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