Search Results for "phanta bears"
China's Tencent Forms Alliance to Boost Blockchain Development in the Country
China remains a pacesetter in the technological landscape. The Chinese government as well as Chinese companies are all in tandem with the fight to push for a whole new world of technological dominance. This developmental posture is also true of Tencent, one of China’s technologically focused firms that announced it has formed an industrial alliance that will help promote the development of blockchain technology. The alliance is set to recruit 100 members before the end of the year to create room for wider representation.
Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears
Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/
Bitcoin Price Just Crashed Below $10,000—Here's Why and What's Next
The Bitcoin price just declined below $10,000 for the first time since it surged above 10,000 on July 27.
Stern Warning on Crypto Trading by the China's Central Bank Prompts Bitcoin Bears
Following a cryptocurrency trading clampdown threat by China's central bank, People’s Bank of China (PBoC), Bitcoin has seen losses of more than 10%. Its value has dropped below $7,000.
Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin
Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE) regarding Bitcoin and cryptocurrencies.
May 25: Negative Rates Eating the World (but not Crypto)
Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.
Jul 6: Make it or Break it?
BTC managed to close above $9k and getting bid early as Asia opens up with stocks in the region moving higher. We did see $9K getting breached twice over the weekend but bears haven't had enough strength to push for a sustained move lower.
When China Yuan Sneezes, Bitcoin Wears a Mask
My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.
Ethereum Co-Founder Buterin’s Ether Sales More Like a Security Offering than XRP, Attorney Argues
In the Securities and Exchange Commission's lawsuit against Ripple Labs, many XRP proponents have argued that the cryptocurrency bears resemblance to Ethereum (ETH) and should therefore receive a similar regulatory treatment.
Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge
Expiring Bitcoin options may be a springboard for a new price discovery.
Ripple XRP Is on a Downtrend, Dipping by 18% in Price in the Last 7 Days
While Bitcoin has managed to recover above the $19K level, Ripple (XRP) has struggled to regain strength.
XRP Token Retraces, Will It Manage to Break past the $0.40 Level?
After undergoing a pump and dump where XRP managed to touch $0.74 briefly, the token is currently retracing, trading at around $0.37 on CoinMarketCap.