In another major price crash, Bitcoin (BTC) has corrected another 12% dropping under its crucial support levels of $40,000. Bears are clearly in charge of the market at this point. The recent price crash comes as The People’s Bank of China (PBoC) warns local businesses and institutions of dabbling into Bitcoin and crypto. This is

The post Bitcoin Under $40,000 As Exchanges See The Largest Single-Day Deposits After March 2020 Crash appeared first on Coingape.

Fear is gripping the crypto market after comments from Tesla billionaire Elon Musk sparked a 20% sell-off for Bitcoin. Prices fell to a low of $42K on Monday as the billionaire voiced concerns about the environmental impact of Bitcoin mining, before hinting at a sale of Tesla’s treasury allocation. Then, as irate Bitcoiners publicly canceled […]

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It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market

The post BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin appeared first on Coingape.

Japanese technology giant Toshiba is reportedly working with Dharma Capital to test out the use of quasi-quantum tech in financial trading. The trial, carried...

The ongoing debates over Bitcoin, Dogecoin, a potential altseason, meme coins, and various others can be represented by a rotating swing carousel of an amusement park. Each debate re-emerges at differ

The post Bitcoin's price target despite reaction to Tesla news: Here's why 'not much has changed' appeared first on AMBCrypto.

The financial services industry is one of few leading industries that has yet to be completely disrupted by technology. But the fintech revolution...

Chainlink indicated an extended bear run but retaking key levels could allow for a bullish comeback. Ethereum Classic projected an 18% hike from a falling wedge breakout. Finally, Uniswap needed to re

The post Chainlink, Ethereum Classic, Uniswap Price Analysis: 18 May appeared first on AMBCrypto.

Self-regulatory bodies in China have once again reiterated the country's stance on cryptocurrencies and financial institutions looking to service them.

Using past data, technical analysis helps to predict the movement of the market and helps investors and traders spot buying opportunities on different occasions. However, long-term cryptocurrency investors will agree that technical analysis isn’t the full package. Although market psychology can be reflected in the charts and hint at the potential movement of prices, it […]

Two key Bitcoin price metrics signal that whales bought the dip to $42,000, a hint that BTC may be gearing up for a new all-time high by mid-June.

Popular crypto analyst Lark Davis says Bitcoin traders shouldn’t sweat Elon Musk’s comments or Bitcoin’s (BTC) latest price dip. CoinGecko indicates Bitcoin has tumbled more than 20% in price in the past seven days at time of writing, likely due to Musk’s announcement last week that Tesla will no longer accept Bitcoin for purchases, citing […]

The post Current Bitcoin Dip Nothing Out of Ordinary, Says Crypto Trader Lark Davis – Here’s Why appeared first on The Daily Hodl.