Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term view on the digital asset. Short term […]
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Cryptocurrency exchange Binance has sparked the wrath of BitMEX, one of its biggest competitors after claiming to have invented an essential bitcoin trading tool. Hayes to CZ: Attend My Bitcoin Derivatives Trading 101 In a Twitter debate which continues to play out, Changpeng Zhao, known as CZ in cryptocurrency circles went head to head with BitMEX CEO Arthur Hayes. Zhao appeared to say Binance had invented a price mechanism which protected traders from a recent
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400 million USDT vanished away yesterday at Tether Treasury, according to Twitter user Whale Alert. Many investors fear that a steep downtrend in Bitcoin price is just around the corner. Should We Expect a Bitcoin Crash? On September 16, the crypto community found out that Tether had burned about $400 million worth of USDT. The amount of burnt coins is considerable since the total supply of USDT is 4.1 billion at the moment, according to
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Bitcoin price inched lower on Tuesday as investors waited for the outcome of the Federal Reserve’s two-day meeting on monetary policy. The benchmark cryptocurrency slipped by $44.70, or 0.44 percent, to $10,217.84 as of 13:09 UTC. The downside price action occurred on the sidelines of better-performing alternative cryptocurrencies. While the second-most valuable blockchain Ethereum climbed 2.18 percent against bitcoin, XRP became the second-largest gainer against the king cryptocurrency after rising 5.97 percent. Other altcoins, including
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Deloitte is offering Bitcoin (BTC) payments to its staff as a test for adoption, reported the Luxembourg Times. Bitcoin payments may be returning as BTC now carries more transactions for lowered fees. BTC Once Again Attractive for Payments Deloitte has launched limited BitPay options for its employees. BTC payments were available back in 2017 in one of the Toronto offices of the audit firm. But only months after the test run, BTC prices went wild,
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