Auto Added by WPeMatico

Crypto Market Shows Pain and Potential After Massive Liquidation Event: Bitfinex Alpha

Last weekend, the crypto market experienced one of its most dramatic days in history. Bitcoin’s 18% pulldown triggered over $19 billion in liquidations within hours, the largest such event ever…

Continue ReadingCrypto Market Shows Pain and Potential After Massive Liquidation Event: Bitfinex Alpha

How US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

Last Friday, trade tensions between the US and China suddenly escalated, triggering the largest cryptocurrency liquidation event in history. As a result, Ethereum, the second-largest digital asset, saw its value…

Continue ReadingHow US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

Buy the Dip Success: Opportunistic Investors See 7-14% Gains After Trade War Jitters

Crypto markets kicked off the week with a rebound after a bruising weekend of liquidations, with opportunistic traders who bought the dip amid trade war tensions reaping gains of between…

Continue ReadingBuy the Dip Success: Opportunistic Investors See 7-14% Gains After Trade War Jitters

Was Last Week’s Deleveraging Event a Necessary Reset for The Bitcoin Market? Glassnode Weighs In

Friday, October 10, was one of the most memorable days in crypto history. The market witnessed its largest liquidation event amid trade tensions between the U.S and China. This incident…

Continue ReadingWas Last Week’s Deleveraging Event a Necessary Reset for The Bitcoin Market? Glassnode Weighs In

Peter Schiff Dismisses BTC’s ‘Digital Gold’ Status Following Recent Crash

Long-term Bitcoin critic Peter Schiff is at it again, this time challenging the cryptocurrency’s narrative as ‘digital gold.’ This follows the asset’s recent dip that was triggered by increased geopolitical…

Continue ReadingPeter Schiff Dismisses BTC’s ‘Digital Gold’ Status Following Recent Crash

Bitcoin’s MVRV Ratio Hints at Another Major Rally, Analysts Say Market Still Far from Euphoria

A sudden flash crash on Friday sent cryptocurrency prices tumbling and wiped out billions in market value. Prices have rebounded since. Despite the sudden sell-off and the subsequent quick recovery,…

Continue ReadingBitcoin’s MVRV Ratio Hints at Another Major Rally, Analysts Say Market Still Far from Euphoria