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Over $1.17B of Bitcoin Longs Liquidated as Price Slumps Below $30K; What’s Next?

Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt.com shows that the BTC/USD market liquidated long contracts worth $1.17 billion as of 2130 EST Sunday. The stop-losses triggered as the Bitcoin price slumped back below $30,000 amid a […

Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days

Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase […]
The post Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days appeared first on Bitcoin News.

Two Key Reasons Why Dogecoin (DOGE) Just Dove 20% Under $0.01

Dogecoin (DOGE) is down 20% in the past 24 hours after a 100% rally on Friday. The “meme” cryptocurrency still has a market capitalization in excess of $1 billion and has registered $2 billion in trading volume in the past day. Dogecoin began to rally a few weeks ago after Elon Musk, CEO of Tesla […

The Adoption of Banks in Europe to Bitcoin and Crypto Custody Solutions

The post The Adoption of Banks in Europe to Bitcoin and Crypto Custody Solutions appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Banca Generali, Italy’s largest insurance group, is to provide bitcoin custody services to its customers beginning next year. This follows a partnership with the Italian Crypto Custody firm Conio. This partnership will allow the bank to acquire a stake of $14 million in the crypto-focused fintech.   Financial Institutions that once criticized cryptocurrency are now embracing …

Litecoin Price Analysis: LTC Price Is Poised to Hit $200 Soon!

The post Litecoin Price Analysis: LTC Price Is Poised to Hit $200 Soon! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The week started with the bullish sentiments,major altcoins showing strong surge including ethereum, EOS, XLM, LINK, BNB, OMG, NEO, TRX, bitcoin cash, DOT, litecoin, and ADA. ETH/USD outperformed all and cleared the $1K resistance for the first time since 2018. Among all Litecoin ended up ranking 2nd for the day in terms of LTC price …

Ethereum Price Explodes Past $1,100 as Bitcoin Stagnates

Ethereum is in the midst of rocketing higher despite stagnation in the Bitcoin price. Just minutes ago, the cryptocurrency pierced $1,100 after holding the $1,000 price level. Chart of ETH’s price action over the past few weeks from TradingView.com. ETH is now up by over 100% in the past 10 days due to the capital […

Cardano Price Prediction: Will ADA Price Reach $10 in 2021?

The post Cardano Price Prediction: Will ADA Price Reach $10 in 2021? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Today, the rapidly growing crypto industry has already crossed the entire globe. With the market being very bullish for the future of crypto, there are a few projects that are doing exceptionally well. They are constantly evolving their technology and drawing the attention of the investors and traders. Cardano is one of them. In this …

Charted: Chainlink (LINK) Surges 25%, Why It Could Face Resistance Near $16

Chainlink (LINK) is up 25% and it broke many hurdles near $14.00, similar to bitcoin and ethereum. The price is now approaching a major resistance near the $16.00 level. Chainlink token price is gaining bullish momentum above $14.00 against the US dollar. The price is now trading above the $15.00 level and the 100 simple […

Ethereum Price Analysis: Analyst Hints ETH Price Might Hit $5k in January

The post Ethereum Price Analysis: Analyst Hints ETH Price Might Hit $5k in January appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
In the history of 12 years, the world’s most well-known cryptocurrency Bitcoin smashed through $34,000 for the first time. Along with many altcoins,  the major altcoin Ethereum is also following the same bullish trend. ETH price surged over 25% and it even broke $1,000 against the US Dollar. In the last 24-hours, the ETH price …

Cannabis Dealer Forfeits $3 Million in Bitcoin — 6,000 More BTC Still Missing

A cannabis dealer has forfeited bitcoins worth about $3 million after they were seized by the Irish Criminal Assets Bureau. However, a bigger stash of 6,000 bitcoins belonging to him, worth about $200 million at the current price, are still inaccessible to the bureau. Irish Authority Sold Seized Bitcoin Cannabis dealer Clifton Collins has forfeited […]
The post Cannabis Dealer Forfeits $3 Million in Bitcoin — 6,000 More BTC Still Missing appeared first on Bitcoin News.

Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration

PRESS RELEASE. Megaupload creator Kim Dotcom announced this month to use Bitcoin Cash for his newest innovation, K.IM, a suite of tools to enable anyone around the world to manage, protect and sell digital content at ultra-low fees and without intermediaries. Dotcom, who’s website Megaupload was once the 13th most popular site on the Internet […]
The post Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration appeared first on Bitcoin News.

Ethereum Price Prediction: Will ETH Price Hit $5000 in 2021

The post Ethereum Price Prediction: Will ETH Price Hit $5000 in 2021 appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Ethereum remains one of the top cryptocurrencies in the blockchain ecosystem. The smarts contracts front runner is presently the second most popular cryptocurrency behind bitcoin. Today, with respect to market sentiments and various discrepancies on Eth price predictions, we submit our unreserved opinion about future Eth price and what circumstances may aid the process. Table …

Prime XBT Review: Cryptocurrency Trading Exchange With 100x Leverage

Prime XBT is a trading platform launched in 2019 that lets traders take advantage of the ability to trade Bitcoin and other major cryptocurrencies with leverage. They have quickly become one of the major players in the margin-trading industry taking on heavyweights such as BitMex. The exchange aims to overcome the common problems of other […]
The post Prime XBT Review: Cryptocurrency Trading Exchange With 100x Leverage appeared first on Blockonomi.

TA: Ethereum Skyrockets To $1,000, Why ETH Could Rally Further To $1,200

Ethereum surged over 25% and it even broke $1,000 against the US Dollar. ETH price is trading in a strong uptrend and the monthly chart suggests a test of $1,200 in the near term. Ethereum is surging and it broke many hurdles near $800 and $900. The price is now trading above the $1,000 level […

TA: Bitcoin Takes Back Seat After Massive Rally, Why BTC Could Restart Surge

Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is currently correcting lower and it might even test $31,500. Bitcoin is showing a lot of positive signs above the $30,000 and $31,500 levels. The price is correcting gains, but it remains well supported above $31,500 […

Beginner’s Guide to Bitcoin & Crypto Trading Bots

Unlike the stock markets, the cryptocurrency market never closes and never sleeps, which can be a highly stressful scenario for traders and even casual investors in the industry. Users familiar with crypto investment will also be familiar with the (joyful or sinking) feeling of waking up in the morning to be greeted by a pleasant […]
The post Beginner’s Guide to Bitcoin & Crypto Trading Bots appeared first on Blockonomi.

Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin

Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during an incredibly unstable year.” Miami Could Invest Some of City’s […]
The post Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin appeared first on Bitcoin News.

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