Day: February 23, 2020

Dow Futures Crash 520 Points as China Makes Shocking Coronavirus Confession

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Dow futures crashed over 1.5% at the open of trade on Sunday. Xi Jinping wobbled stocks after admitting China made mistakes as the coronavirus spreads rapidly in Italy, South Korea and the Middle East. Further problems for the Dow Jones emerged after Bernie Sanders comfortably won the Democratic primary in Nevada. Dow futures crashed 520 points on Sunday as the spread of coronavirus in Italy and South Korea raises concerns about a global pandemic. Adding to the worries, a surprising admission of guilt from Chinese premier Xi Jinping suggested the…

These 3 Factors Show Bitcoin Is Still Bullish Despite Correction From $10,500

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Bitcoin’s correction over the past few days has made investors fear the worst is yet to come for the market. Indeed, after a multi-week surge that brought the asset from $6,400 to $10,500, a 10% sell-off in a single day was shocking, leaving many wondering if a bear trend is on the verge of forming. While there is some validity to these fears — Bitcoin recently broke below an ascending channel it was trading in for weeks on end — three technical factors suggest that bulls remain in control, despite…

PS5 and Xbox Series X Should Just Abandon Exclusives

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Ed Boon, co-creator of Mortal Kombat & Injustice, ran a Twitter poll to gauge gamers’ priorities surrounding next-gen consoles. Exclusive games came in at the bottom of the list, while affordability ranked highest. The PS5 and Xbox Series X need to drop exclusivity for the sake of the consumers. A new Twitter poll seems to suggest that exclusives aren’t as important as they might seem. The poll, which was conducted by Ed Boon, co-creator of Mortal Kombat & Injustice and creative director at NetherRealm Studios, was held to determine the…

Bitcoin Price Rebounds but CME Gap & $10.3K Remain Big Obstacles

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Compared to the price action of the previous two weeks, this weekend has been relatively relaxed for Bitcoin (BTC) traders. On Saturday the price came within $10 of $10,000 before pulling back to $9,794 and at the time of writing the price continues to meet resistance at $9,900. Crypto market daily price chart. Source: Coin360 On the 6-hour timeframe, the volume profile visible range (VPVR) shows the price rejecting at the high volume node at $9,883 but at the same time, we can see that purchasing volume is beginning to…

Bitcoin’s Bullish Battle, Ethereum 2.0, BCH Faces ‘Slow Death’: Hodler’s Digest, Feb. 17–23

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin grapples with $10,000 — two scenarios for the week ahead Bears got their pound of flesh this week when Bitcoin prices tumbled by $800 in an hour. The crash led to significant losses across most altcoins, too. Looking ahead to the coming days, Cointelegraph’s…

$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources

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On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim. Also Read: Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor $30 Million in BCH and $14 Million in BTC Allegedly Stolen in a SIM Hack A rumor has…

Mid-2020 Likely to Mark Start of Bitcoin’s Bull Run Past $20,000

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In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which the price of BTC and other digital assets doubled, trebled, and so on and so forth. According to a number of analyses, the 2020 halving may kick off another Bitcoin bull run, just like its predecessors. The Real Bitcoin…

Mid-2020 Likely to Mark Start of Bitcoin’s Bull Run Past $20,000

boss

In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which the price of BTC and other digital assets doubled, trebled, and so on and so forth. According to a number of analyses, the 2020 halving may kick off another Bitcoin bull run, just like its predecessors. The Real Bitcoin…

How Traders Can Use Twitter to Anticipate Bitcoin Price Moves, Volume

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Bitcoin (BTC) price has been testing the $10,000 mark this month as online metrics like the number of tweets and Google searches mentioning Bitcoin show a two year-high. Cryptocurrency market weekly overview. Source: Coin360 Several relationships have been established between external factors and Bitcoin price evolution. Most notably, social media metrics like the number of tweets mentioning a particular cryptocurrency, the number of comments or posts in a cryptocurrency dedicated subreddit, the number of daily search volume for a specific crypto theme, or even the mentions of “Lambos” on Reddit.…

The Witcher’s Netflix Success Proves CD Projekt Red Made a Big Mistake

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The Witcher developer CD Projekt Red may have made a huge mistake by not capitalizing on the Netflix series. Sales of The Witcher 3: Wild Hunt soared after the TV show debuted. CD Projekt Red should have timed The Witcher 4 or new Wild Hunt DLC to coincide with the launch of the series. Netflix isn’t the only one reaping the rewards from the success of its new fantasy series, The Witcher. Game developer CD Projekt Red has been cashing in too. The Witcher 4 Was a Pipe-Dream – But…