Amazing Crypto

Category: Trading

  • Ethereum price at historic low against Bitcoin amidst capacity crisis

    A capacity crisis is roiling Ethereum as it hits a historic low against Bitcoin. Although declining prices appear to be part of a broader corrective trend, some analysts argue hiccups in the protocol’s development are the root cause. Meanwhile, Vitalik Buterin claims salvation via ETH 2.0. “The Ethereum blockchain is almost full” Ethereum’s network utilization recently…

  • Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

    Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

    The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system.…

  • Bitcoin price drops $700 as $10,000 support breaks

    Bitcoin dropped $700 in 30 minutes and hit $9,500 after hovering over $10,000 for more than a week. Despite the bullish sentiment seen across the market as Bakkt’s Bitcoin futures launch approaches BTC could be signaling that a shakeout is underway. Bitcoin technical analysis After testing the support given by the 200-twelve-hour moving average 8…

  • One on-chain metric could signal Chainlink’s next big price move

    Josh Rager, a respected crypto trader, noticed a strong relationship between one on-chain metric and the price of Chainlink. Primer on Chainlink So far, Chainlink has had an amazing year. Since early December 2018, LINK went through a bull rally that took its price up nearly 26x. Along the way, Google published a guide on…

  • Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling

    Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling

    [youtube https://www.youtube.com/watch?v=DB_Saff55E8&w=560&h=349] A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to…

  • BNB plunges 10% after Binance admits to data hack

    Binance admitted to leaking sensitive customer data through a third-party vendor which the exchange contracted in late 2017. Although the investigation is still ongoing, the crypto exchange announced it will offer free lifetime VIP memberships to all affected customers. Nonetheless, it seems the price of BNB plunged in response to the admission. Following the announcement…

  • Will Bitcoin SV drop following the Craig Wright v. Kleiman ruling?

    Craig Wright has been in the spotlight after losing a legal case against Ira Kleiman yesterday. Wright was ordered to turn over half of his Bitcoin holdings—worth over $5 billion—potentially tanking BTC. However, the effects on his pet project, Bitcoin SV, are not quite as clear. Bitcoin SV technical analysis The recent ruling in favor…

  • Bitcoin impulse liquidates $52 million in shorts on BitMEX

    A 4.8 percent impulse in Bitcoin’s price beginning Aug. 25 caused an unusual number of liquidations on BitMEX, wrecking $52 million in BTC short positions. Bitcoin shorts liquidated on BitMEX Notorious for its degenerate 100x leverage, BitMEX has been one of the most widely-used margin trading platforms in the world. These high-risk trades have the…

  • The Changing Face of Cryptocurrency Trading in 2019

    The Changing Face of Cryptocurrency Trading in 2019

    The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey for supremacy, launching new features and products designed to woo the competition and cement their…

  • Why Bitcoin could still drop to $8,500 despite the bullish trend

    The Bitcoin markets experienced extreme levels of fear, with the Crypto Fear and Greed Index reaching a historic all-time low. As BTC hovers around $10,000 traders claim it should be taken as a buying opportunity. Meanwhile, a handful of respected traders first believe a dip to $8,500 is more likely. The bear-case for Bitcoin’s future…