Return of Darth Maul: Bitcoin Price Pumps And Dumps In 5% Shakeout
Bitcoin price today has been more volatile than normal, and that’s a statement in and of itself. The normally notoriously explosive cryptocurrency rocketed more than $2,000 and nearly 5% this morning, only to then plummet and wipe out the entire rally and then some. The fall took the cryptocurrency down by more than 7% and $3,000, leaving liquidations in both directions behind. What caused the sudden storm, and is this just the calm in the eye, or is the madness over? Pump and Dump Or Face-Off Between Bull And Bear Whales? Bitcoin saw a steep rejection from above $50,000 and bulls....
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Ark Invest’s chief executive officer and chief investment office Cathie Wood, is backing up her bold claim that Bitcoin will reach $500,000. In the same interview, Wood revealed her firm’s increasing confidence in Ethereum following the 2.0 update, along with potential plans to rebalance between the two top cryptocurrencies. Ark Invest’s Cathie Wood On Rebalancing Bitcoin And Ethereum Portfolio Ark Invest CEO Cathie Wood is an important figure in the crypto space, recently even joining Jack Dorsey and Elon Musk in the B-Word debate. As the chief investment officer of her....
The Bitcoin bull market is here, the asset is trading at nearly $30,000, and an awful year just came to a close – investors are in their right to be celebrating and having a little bit of fun with their profits. But one altcoin that recently was sent skyrocketing immediately was swatted back down, nearly […]
Data from Coingecko, at the time of writing, records a slight recovery for Ethereum and large cryptocurrencies. The second crypto by market cap has been trending to the downside over the past weeks and was seeing briefly breaking below $1,000 on certain venues. Related Reading | TA: Ethereum Could Resume Decline Below $1,100, Bears In Control At the time of writing, Ethereum (ETH) trades at $1,180 with a 35% loss in the past 7-days. According to economist Alex Krüger, ETH’s price records a 20% loss and 20% profit during today’s trading session which could be a first in the....
Charlie Lee isn't one to often be outspoken, yet sometimes he tells the truth how he sees it. He has big ideas and is busy speaking at conferences, along with giving advice to other developers looking to following in the footsteps of Litecoin. So when he got into a Twitter argument with someone called Darth Camel, it was unexpected to hear him say Litecoin isn't in need of any more development. Darth Camel kicked off the argument by claiming he was a serious fan of Litecoin and Lee, but that Lee had done nothing to prove himself in the cryptocurrency industry as of late. Lee responded,....
Charlie Lee, the much celebrated creator of the silver-cryptocurrency Litecoin, recently went into a Twitter argument with a random user named Darth Camel, who accused him of neglecting Litecoin in terms of development. In his response, Lee said that their cryptocurrency does not need development right now. "Adding gimmicks does not help a currency succeed," Lee made his point. "Liquidity, merchants, and user does." Darth Camel though didn't stop there. He retaliated by saying that Lee shows no love, and attention towards the very cryptocurrency he created. In his kick-starter tweet, Camel....