While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely. Source link
Dips
10 posts
Bitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September. Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours. Bitcoin’s 24-hour range: $11,186-$11,598 BTC is above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Oct. 9.Source: […]
Bitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours. Bitcoin’s 24-hour range: $10,179-$10,994. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since September 19. Source: TradingView Bitcoin price fell sharply Monday, with a […]
The cruiseliner industry had been enjoying “robust growth” since 2018 but the coronavirus pandemic has knocked it sideways. In March thousands of tourists were stranded on cruise ships in Latin America, the Caribbean and the Far East after COVID-19 was reported on board. The Cruise Lines International Association (CLIA) says the global shutdown caused by the coronavirus pandemic will cost the industry around US$50 billion and lead to the loss […]
Bitcoin is looking bearish while Ethereum miners are reaping more fee revenue than ever before. Bitcoin (BTC) trading around $11,298 as of 20:00 UTC (4 p.m. ET). Slipping 3.8% over the previous 24 hours. Bitcoin’s 24-hour range: $11,102-$11,786. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since Aug. 23.Source: TradingView Read More: ‘Bitcoin Rich List’ Reaches […]
Bitcoin traders are hitting the sell button Friday while the ether options market loads up on lower prices. Bitcoin (BTC) trading around $11,674 as of 20:00 UTC (4 p.m. ET). Slipping 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $11,605-$11,892. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since August 19.Source: TradingView Read More: Bitcoin […]
New Delhi (Sputnik): As COVID-19 has slowed down the Indian economy, the government’s revenue collections have not been matching the pandemic-induced expenditures. The government needs funds to roll out a $12 billion economic stimulus package without inflating the fiscal deficit beyond a certain level. The Indian government is planning to sell a part of its stake in some select state-owned banks to raise $3.3 billion amid […]
President Trump walks back to the White House escorted by the Secret Service after appearing outside of St John’s Episcopal church across Lafayette Park in Washington, D.C., on Monday. Brendan Smialowski/AFP via Getty Images hide caption toggle caption Brendan Smialowski/AFP via Getty Images President Trump walks back to the White House escorted by the Secret Service after appearing outside of St John’s Episcopal church across Lafayette […]
London-listed Argo reported a dip in May revenue, possibly as a result of the bitcoin halving event. Per the mining firm’s monthly operational update, monthly mining margins – revenue minus operating costs – was roughly 34% in May, down from 39% in April. Overall, the company mined 252 bitcoin (~$2.4 million at press time), down from 319 bitcoin (~$3 million) the month before. This slight dip in […]
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen. The world’s first cryptocurrency is trading below its 10-day and 50-day moving averages, a bearish technical indicator. At press time, […]