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Bitcoin extended losses below $ 18,000 after it breached a prior cycle’s all-time high for the first time in its history.
Bitcoin fell below a prior cycle’s all-time high for the first time ever today, breaching the $ 19,776 level.
The peer-to-peer currency had been struggling to maintain the $ 20,000 level over the past week as liquidation and liquidity woes plagued the market as lenders such as Celsius Network fell under extreme pressure.
The Bitcoin price collapsed below $ 10,000 on Sunday night in yet another stormy weekend session for the world’s largest cryptocurrency. Bitcoin briefly hit $ 9909 on Coinbase, marking an 13 percent drop in 24 hours. The fall cements a strong 28 percent retracement from this year’s high. Technical indicators suggest BTC may still have room to […]
The post 4-Figure BTC Screams ‘Buy’ as Bitcoin Price Falls Under $ 10,000 appeared first on CCN Markets
On April 15, Binance announced that the trading platform will be delisting bitcoin SV (BSV). The removal follows the tendentious actions of Craig Wright over the last few weeks in which the BSV creator has sent libel lawsuit warnings to well-known digital currency proponents. Since the announced delisting, the price of BSV has fallen by more than 13%.
Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government
Crypto winter shows no signs of abating anytime soon. In the past week, bitcoin rounded out its sixth consecutive month in the red while the NEM Foundation suspended all projects and partnerships due to the sinking XEM price.
(+) Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January by CCN
Tesla CEO Elon Musk has announced that the electric car maker’s long-serving chief financial officer (CFO), Deepak Ahuja, is leaving the company after over a decade of service, CNBC reports. Musk made the announcement towards the end of an earnings conference call. Tesla’s shares fell sharply by nearly 5% in after-hours trading. This is not Ahuja’s first time to resign from the electric car maker. He first departed in 2015 only to rejoin two years later. This was to replace Jason Wheeler, who had abruptly resigned as the CFO. How do you not include the departure of your CFO in
The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $ 1.3000 mark on Thursday, the sterling pound is now trading around the $ 1.2940 level. While the sterling had hovered above the $ 1.2965 mark since the New York close, the decline accelerated
The post Watching the Pennies Excessively? Pound Falls from Two-Month High as UK Retail Sales Disappoint appeared first on CCN
The Dow, S&P 500, and Nasdaq all plunged at the opening of trading today and continued to fall after Apple CEO Tim Cook suddenly revised Apple’s first-quarter revenue predictions. Apple shares have dropped nearly 10% as of the time of writing, putting the tech giant on track for its worst daily loss in more than
The post Dow Falls 500 Points after Tim Cook Slashes Apple Revenue Forecast appeared first on CCN
Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $ 19,500 to $ 3,500, said that the dominant cryptocurrency could be in trouble if it does not escape the $ 5,000 to $ 6,000 range in the short-term. Dow, who made headlines earlier this month for exiting his short position on Bitcoin, said that the
The post Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level appeared first on CCN
Last month, the Bitcoin Cash (BCH) community was divided when the Bitcoin alternative underwent a hard fork to create Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV). In the fallout of the fork, it looked as if Bitcoin Cash ABC was to become the clear winner, especially given the fact that a majority of the leading […]
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One week after Coinbase listed privacy coin Zcash (ZEC) on Coinbase Pro, the exchange has announced that ZEC is now live on its retail trading app for iOS and Android. ZEC is now live on Coinbase and in the Android and iOS apps. Coinbase customers can log in now to buy, sell, send, receive, or store ZEC. https://t.co/dR1h0eqIqe — […]
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The cryptocurrency market has lost more than $ 12 billion from its valuation in the past 24 hours, as the Bitcoin price fell under the $ 4,000 mark. Major cryptocurrencies including Stellar (XLM) and Bitcoin Cash (BCH) lost around 6 percent in value on average, demonstrating a lack of momentum and trading activity. Bloodbath On December 2, … Continued
The post Bitcoin Price Falls to $ 3,900 After Poor Weekend, Crypto Market Loses $ 12 Billion appeared first on CCN
Over the past 24 hours, the Bitcoin price has dropped by more than five percent from $ 4,265 to $ 4,030, demonstrating a decline in daily volume. On fiat-to-cryptocurrency trading platforms like Coinbase and Bitstamp, the dominant cryptocurrency was dangerously close to dipping below the $ 4,000 support level. A drop below the $ 4,000 mark could disallow a
The post Bitcoin Price Falls 5.5% to $ 4,030: Lack of Momentum Leads to Crypto Pullback appeared first on CCN
On November 28, the price of Bitcoin (BTC) spiked from $ 3,771 to $ 4,355, by more than 15.4 percent. In less than 48 hours, the dominant cryptocurrency has fallen back down to $ 3,861, dropping below the $ 4,000 mark. Bitcoin recorded a 7-month high daily spike in value on Wednesday, leading traders to be optimistic about the
The post Bitcoin Price Falls Under $ 4,000: Was Immediate Pullback Expected After Big Spike? appeared first on CCN
Research suggests that when it comes to covering bitcoin, bad news sells. According to a study conducted by blockchain firm Clovr, the coverage of bitcoin by the mainstream media peaked at the time when the cryptocurrency fell from its all-time high at the beginning of this year. While coverage of bitcoin by the mainstream media
The post Mainstream Media Coverage of Bitcoin Goes up as Price Falls: Survey appeared first on CCN
Steemit, Inc., the company behind the open-source steemit.com, a decentralized app on the Steem blockchain, has laid off 70% of its staff amid the ongoing crypto bear market. Looks like Steemit, Inc. is close to going belly-up and laid off 70% of their staff. How is that even possible when they mined & auto-sold almost 1/3 of […]
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The price of Bitcoin (BTC) plummeted another 10% on Saturday, breaking through the $ 4,000 psychological level. Now, BTC is trading down over 12% to $ 3,844, giving the cryptocurrency a $ 66.8 billion market cap and making it 53.6% of the $ 124.6 billion crypto market. Similarly, the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, is currently […]
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Fallout 76, the latest title in Bethesda’s blockbuster post-apocalyptic role-playing video game series, has had a less than stellar launch with one game reviewer calling it a “bizarre, boring, broken mess.” This sentiment seems to be shared across the gaming ecosystem, as recent data shows that Twitch viewership has largely fallen flat of expectations. According to GitHyp, Twitch […]
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Bitcoin (BTC) has suffered another major sell-off over the last week, dropping nearly 24% over the period. Major altcoins, outside of XRP (XRP), have performed just as bad or worse. However, according to data recently published by eToro senior market analyst Mati Greenspan, it looks like investors on the Tel Aviv-based trading app have taken […]
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Over the last 24 hours, the valuation of the crypto market has fallen from $ 185 billion to $ 181 billion, by around $ 4 billion. On November 15, amidst one of the worst single-day corrections in all of 2018, the crypto market saw a wipeout of more than $ 27 billion. The market extended losses throughout the past
The post Another $ 4 Billion Drop: Crypto Market Downtrend Continues as Bitcoin Cash Falls appeared first on CCN
Poloniex, a top-15 cryptocurrency exchange by trading volume and subsidiary of Circle, announced Wednesday that it is now offering users the option to trade the two planned Bitcoin Cash (BCH) protocols pre-fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV). 1/ NEWS: Ahead of the Bitcoin Cash (BCH) hard fork, we are opening pre-fork trading of the […]
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