Bitcoin Is Facing Down a Critical $30m Sell Wall at $11,000

Bitcoin Is Facing Down a Critical $30m Sell Wall at $11,000

Bitcoin has been inching higher over the past 24 hours as the cryptocurrency market has become correlated with the S&P 500 once again. Both markets are up over the past day, pushing higher on the news that President Donald Trump is seemingly healthy despite contracting the illness spreading around the globe. If the cryptocurrency moves […]


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Bitcoin Sell Wall of Death Being Chomped

14 hours ago, users began reporting about the "biggest sell wall I've ever seen": a 31 000 bitcoin sell wall appeared mysteriously at 300 USD per bitcoin on Bitstamp. I must agree, this is the biggest sell wall I've ever seen. One thing that amazes me is how little the market has moved in those 14 hours since the Sell Wall of Death. 31 000 bitcoins is Now 15 000 bitcoins. Not only has the market refrained from panic selling below 300 USD per btc (where 275 USD became the lowest point), people are even chomping the Bitcoin sell wall. If you watch the order book and the live trades you can....

Wall Street is Embracing a New Wave of Blockchain Startups

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Bitcoin price holds $10.5K but a $30M sell wall looms overhead

A 2,800 BTC sell wall on Binance heightens the chance of a sell off and is keeping Bitcoin price trapped below $11K. According to Cole Garner, a well-respected on-chain analyst, there is a 2,800 BTC sell wall on Binance. With Bitcoin (BTC) price currently trading at $10,700, this is equivalent to a batch of sell orders worth $30 million on just one exchange.While it does not necessarily indicate that a market-wide pullback is imminent, it hints that a major rally remains unlikely. In the short term, BTC likely faces a low-volatility range between $10,500 and $11,000, two key support and....

Ethereum Price Falls Below Critical Level, Will It Hold $1,000?

Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see it retest the $1,500 resistance. But this would only last just a little above $1,200....

Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated ...

The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers are bidding against “pension funds and Wall Street types,” as investors now represent “20% of U.S. home sales.” Investors and Deep-Pocket Rivals Are Behind 20% of US Home Sales Things are looking pretty interesting in the world of U.S. real estate, and in nearly every region....