Bitcoin Panic Sellers Lost $100M – Why Smart Investors Are Betting on BTC Bul...
The crypto market is full of surprises, but one thing remains consistent: panic selling always costs new investors a fortune. In the last six weeks alone, speculators dumped their Bitcoin holdings, collectively losing $100M. That’s $100M vanishing into the ether just because people got scared. Meanwhile, seasoned investors sat back, bought the dip, and are […]
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Decentralized betting is taking over the world. Powered by blockchain and smart contract technologies, this new breed of online betting platforms vastly improves the quality of services provided to users. Although the online betting industry continues to expand 9% annually, if we take blockchain out of the equation, not much is being done in terms of innovation. Also, users don’t place much trust in online betting platforms, and with good reasons. There are countless stories of users receiving big prizes only to get their accounts frozen or be unable to withdraw the funds. Blockchain can....
After the cascade to $42,000, it's likely that bears will show themselves to be "stoneless," says popular analyst Light. Bitcoin (BTC) bears will probably be too "stoneless" to keep prices down much longer, fresh BTC price analysis argues.In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin's recent 39% correction.Sheep in bear's clothingA combination of macro factors and smart action from big players left retail investors holding the bags in both Bitcoin and altcoins, Light explained.This was apparent before the comedown from $69,000....
The recent crash in the crypto markets took everyone by surprise, especially Bitcoin. Many coins lost value drastically and very fast at that. Even the number one crypto Bitcoin took a big hit when investors kept selling out in panic. While many are hoping for a recovery, the storm is still rising. Also, many speculations abound in the market as investors are thrown in disarray. Related Reading | Bitcoin Exchange Outflows Suggest That Investors Are Starting To Accumulate With all the chaos, it’s no surprise that the co-founder of BitMex predicts both Bitcoin and Ethereum bottom....
Bitcoin holders are growing by the day. With the digital asset’s history, most investors have realized that to make returns, holding is the best way to go. Nevertheless, there are still “paper hands” investors who continue to dump their coins with each market fluctuation. Such has also been the case given the recent downtrend but […]
Over the last 24 hours, thousands of crypto traders have lost their positions in the market. The liquidations had ramped up, especially after the price of bitcoin had lost its footing above $19,000. It triggered one of the largest liquidations for the year 2022, with traders losing hundreds of millions of dollars in the span of a single day. More Than 125,000 Trader Rekt In the 24 hours following bitcoin’s decline to the $18,000 territory, more than 125,000 have had their positions liquidated. This amounted to more than $410 million that has been lost in the past day. Not surprisingly, the....