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Tag Archives: Slump

Bitcoin Sprints, Traders Say Epic Slump to $2700 Levels Might Be Ahead

Highlight: Bitcoin is currently trading above the strong 50 days moving average. For how long can the bull hold this position? That’s the question. BTC/USD Long-term Trend: Bearish (1D chart) Key Levels: Resistance levels: $4000, $4200, $4500; Support levels: $3350, $3150, $3000; The tight range between $3500 and $3600 has …

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Bitcoin In Price Slump; IBM Trials Blockchain

Share Tweet Share Share Share Print Email Pacific International Lines used the electronic Bill of Lading (e-BL) built on the IBM Blockchain Platform to complete a successful real-time tracking shipment of mandarin oranges from China for the Lunar New Year. Combining e-BL with blockchain technology will enable companies to reduce …

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Bitcoin Closing In On Longest Price Slump in History

Bitcoin is fast approaching the longest downward price streak in its ten-year history. The question among some analysts is what happens next? 402 Days and Counting Between November 2015 and January 2017, the top-ranked cryptocurrency experienced its most protracted price correction lasting 410 days. Ultimately, BTC price 00 bottomed out …

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Bitcoin Hovers Just Above $3,600 as Crypto Markets See Another Slump

Tuesday, Jan. 15 — following a brief period of recovery yesterday, all of the top 20 cryptocurrencies by market capitalization are falling again. The only exception to this are two stablecoins Tether (USDT) and USD Coin (USDC), which are currently in the green. Market visualization from Coin360 As of press …

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Cryptocurrency Mining Evolves As Valuations Slump And Production Costs Soar

It’s been a for cryptocurrencies. Digital currency prices began falling in early 2018 and have since plunged. , which in late 2017 almost hit the $20,000 mark, is currently trading below $4,000. Bitcoin Weekly Chart Concurrently the operational costs of mining have increased as Bitcoin, as well as other Proof …

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State of Bitcoin, Blockchain: Slump After the Cryptocurrency Gold Rush

Bitcoin and other cryptocurrencies have certainly taken their lumps in 2018. About a year after record price peaks, by some estimates about $750 billion in cryptocurrency market value has evaporated amid a broad slump in blockchain-based digital currencies. Is the bloom off the bitcoin rose? Is it “over” for bitcoin …

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Cryptocurrency investors find reasons for a rebound despite prolonged price slump

A Bitcoin ATM in Toronto, On. Chris Helgren If you’re ever searching for a sign that a market has peaked, look no further than the Real Estate Wealth Expo, an annual bacchanal of get-rich-quick gimmicks and money lust. In 2017, the expo stormed a convention centre in Toronto, where presenters …

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Bitcoin Cash Price Sees Saturday Slump after 150% Weekly Rally

For a cryptocurrency which has dropped 98 percent from its all-time high already, bitcoin cash — for now — is looking brave in the face of a powerful bearish sentiment. The cryptocurrency’s ABC version this week surged close to 150 percent against the US dollar, from about $71 to $182 …

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Bitcoin Latest Update: Bitcoin Current Slump in Price Hasn’t Affected the number of Investors Going for Bitcoin (BTC), Bitwise CEO Says – BTC News Today

Recent price movement on the charts indicates that the world’s largest cryptocurrency by market cap Bitcoin (BTC) has remained in its price slump over the past few weeks. This is especially true following the bear market crash that saw majority of the top major digital assets sip on the price …

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