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“# How massive liquidations caused Bitcoin to plummet 16% in 24 hours ” Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction. Prior to the pullback, the open interest…
“# Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume ” After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26. Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for…
“# Bitcoin price continues falling, losing $17K in biggest crash since March ” Bitcoin (BTC) has continued falling on Nov. 26 as selling pressure transforms into the biggest losses since March. Bitcoin price sheds over $3,000 in 24 hours Data from Cointelegraph Markets and TradingView tracked BTC/USD as it lost support at $17,000 to hit…
“# Experts say institutions drove Bitcoin’s rise to $19K and that alt-season is coming ” Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs. “The primary reason for the steady grind up in Bitcon has been the increased interest and…
“# Bitcoin price suddenly drops 11% as whales move BTC to exchanges ” Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. BTC price hits $17,250 lows Data from Cointelegraph Markets and TradingView showed BTC/USD experiencing major volatility overnight on Wednesday. After nearly hitting…
“# Bitcoin fees remain low despite price surge but Vitalik says they could soar ” Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low. The current fees of around $3.50 per transaction starkly contrast with three years ago, when the…
“# New analysis suggests Satoshi Nakamoto was a Londoner ” A new report has determined that London was the most likely place Satoshi Nakamoto worked on Bitcoin between 2008 and 2010. Report author Doncho Karaivanov reviewed several factors in order to justify the conclusion, including an analysis of timestamps of Satoshi’s published materials, his use…
“# Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM ” The crypto market has been in a strong bull run over the past few days and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000 per BTC….
“# Bitcoin faces this final resistance zone before $20K all-time high ” Bitcoin (BTC) traders are pinpointing the order books of major exchanges that show the $19,500 level is a near-term resistance level. Bitcoin rejects $19,500 for now On Nov. 25, Bitcoin price was rejected at $19,500 with a relatively large volume across top spot…
“# RSK-based DeFi protocol launches innovative decentralized exchange concept ” DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book with a unique twist. Instead of being available instantaneously, orders are processed…