XRP, Ethereum and Bitcoin Cash Dive in Altcoin Purge: What’s Triggering It?

XRP, Ethereum and Bitcoin Cash Dive in Altcoin Purge: What’s Triggering It?

Top bitcoin rivals suffered major losses on Thursday after bulls failed to extend the last week’s wild upside price rally. Bitcoin SV’s BSV, after its stupefying climb before mid-January session, led the march downwards. The token fell by more than 9 percent on a 24-hour adjusted timeframe. Stellar’s XLM and Binance’s BNB followed suit, dipping…

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Bitcoin Just Violently Rejected $8,600: Here’s Why It Likely Means Retest of $7,000s

Bitcoin Just Violently Rejected $8,600: Here’s Why It Likely Means Retest of $7,000s

The bitcoin price just strongly rejected the $8,600 level, breaking down from a tight range for the first time in four days. BTC dropped below $8,400 on major exchanges like BitMEX, leaving the dominant cryptocurrency vulnerable to a deeper pullback. Similar price movement as when bitcoin rejected $10,600 On October 26, the bitcoin price increased…

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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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Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls

Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls

Since the day started (PST), Bitcoin has plunged, collapsing from the daily high just above $8,700 to $8,460 as of the time of writing this — a drop of just around 3%. Right now, prices are the lowest they have been in days, nearly a week with BTC failing to maintain the bullish momentum seen…

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Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Sharp Decline

Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Sharp Decline

Bitcoin bulls are facing an uphill task near $8,700 and $8,800 against the US Dollar. BTC price could either rally above $8,800 or decline heavily below $8,470 in the coming sessions. Bitcoin is showing a few bearish signs after it was rejected near $8,800. The price is currently sliding and it is approaching the key…

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Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days. Recently Hiromi Yamaoka, the former head of payments and settlements at the Bank of Japan, said that Facebook’s Libra has forced central banks to research and consider issuing central bank digital…

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$850: Ethereum’s Rally May Turn Parabolic After It Taps This Support Level

$850: Ethereum’s Rally May Turn Parabolic After It Taps This Support Level

Ethereum has been able to continue inching higher today after ETH outperformed Bitcoin and the aggregated crypto market yesterday. This upwards movement is very tempered, however, and the crypto is still struggling to break back above $170. Analysts are now noting that Ethereum could see one more short-term pullback towards $155 before it is able…

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Bitcoin Cash Miners Preparing Controversial “Miner Tax” to Reward Devs

Bitcoin Cash Miners Preparing Controversial “Miner Tax” to Reward Devs

Miners on the Bitcoin Cash network appear to be preparing a plan to finance the protocol’s development using their own block rewards. The controversial plan would see 12.5 percent of the total BCH coinbase go towards those building on the network. Those behind the plan say that it is impossible for developers to work without…

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