Bitcoin price continues falling, losing $17K in biggest crash since March

Bitcoin (BTC) has continued falling on Nov. 26 as selling pressure transforms into the biggest losses since March. Bitcoin price sheds over $3,000 in 24 hours Data from Cointelegraph Markets and TradingView tracked BTC/USD as it lost support at $17,000 to hit fresh local lows of $16,300. At press time, a rebound had secured $16,800, but heavy volatility remained. The latest losses continue a downtrend, which began overnight on Wednesday, shortly after Bitcoin hit highs of just below $19,500. BTC/USD 8-month daily chart. Source: TradingView At the same time, major…

VanEck Launches Deutsche Boerse Bitcoin Exchange-Traded Note

A bitcoin exchange-traded-note (ETN) for trading on the Deutsche Boerse Xetra has been launched by VanEck, a New York-based investment management company with about $50 billion in assets under management.ย  The VanEck Vectors Bitcoin ETN (VBTC) is physically backed by bitcoin (BTC, -6.29 percent) and monitors the MVIS CryptoCompare Bitcoin VWAP Near index, reported the Frankfurt, Germany-based trading venue on Wednesday. โ€œIt was our companyโ€™s top priority to bring to market a physical, fully-backed major exchange-listed bitcoin ETP [exchange-traded product],โ€ said Gabor Gurbacs, director of digital asset strategy at VanEck.…

Slack (WORK) Stock Jumps 38% on News on Possible Acquisition by Salesforce

Any possible Slack acquisition by Salesforce will give it wings to compete with giants like Microsoft. The deal is like to happen next week as market analysts look up to it with excitement. On Wednesday, November 25, shares of Slack Technologies (NYSE: WORK) spiked a whopping 38% on news of possible acquisition by Salesforce. As per the WSJ report, the two companies are in advanced talks and could announce the deal by next week. On Wednesday closing, WORK stock was trading at $40.70 with a market cap of $23.2 billion.…

Experts say institutions drove Bitcoin’s rise to $19K and that alt-season is coming

Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTCโ€™s sudden re-test of its all-time highs. โ€œThe primary reason for the steady grind up in Bitcon has been the increased interest and aggressive buying activity from institutions,โ€ said Nick Cote of gamified trading platform Hxro Labs. โ€œA lot of investors are going through Grayscale.โ€ Rising institutional demand can be seen in heavy accumulation by Grayscaleโ€™s Bitcoin Trust, with the fundโ€™s BTC holdings exceeding 500,000 earlier this month. Cote also said that top…

ANALISIS EN VIVO, BITCOIN 10/11/2020 (CRYPTOMONEDAs)nuevo

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io EDY Mรกster TRADING pรบblico CREA TU CUENTA DE bitmex CREA TU CUENTA EN BINANCE. ______________________________________________ CREA TU CUENTA DE coinbase! CREA TU CUENTA DE bitmex CREA TU CUENTA DE tradingview CREA TU CUENTA DE TENSORCHART www.tensorcharts.com/?r=664 CREA TU CUENTA EN BINANCE. GRUPO DE TELEGRAM (EDY TRADING MASTERING) facebook personal whatsapp personal +50233427466 FACEBOOK EDY KAN grupo de facebook mundo Crypto AMERICA TWITTER instragram CREA TU CUENTA EN BINANCE. como funciona el Margin de BINANCE? Trading. โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website:…

Ripple (XRP) Retreats Sharply, $0.50 Is The Key For Next Increase

Ripple retested the $0.7500 resistance level before a sharp decline against the US Dollar, similar to bitcoin and ETH. XRP price is holding the $0.5500 support, but it might even test $0.5000. Ripple started a strong downside correction after it failed to clear $0.7500 against the US dollar. The price broke the $0.6000 support, but it is still well above the 100 simple moving average (4-hours). There was a break below a key contracting triangle with support near $0.6465 on the 4-hours chart of the XRP/USD pair (data source from…

Chi sta Comprando Bitcoin Oggi? Non Rimanere Indietro! – Parliamo di Bitcoin – 1a Analisi Week 46

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In “Parliamo di Bitcoin” di oggi: Vediamo come hanno reagito le criptovalute e tutti i mercati alla prima apertura settimanale dopo la conferma del nuovo presidente americano Joe Biden e alla notizia annunciata ieri del vaccino della Pfizer! Ma soprattutto Chi รจ che oggi sta comprando Bitcoin e consiglia di farlo? Scenario a breve e medio termine del prezzo di Bitcoin ed Ether guardando non solo l’analisi tecnica ma ascoltando Willy Woo e i dati di analisi fondamentale con la nostra 1a…

๐Ÿ† U.S. STOCK MARKET WINNERS & LOSERS – Forex, Stock & Crypto Analysis | World King ๐Ÿ‘‘

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io FREE Trading Course ๐Ÿ‘‰ The year 2020 has been the craziest year I’ve ever experienced as a trader, investor, entrepreneur, and artist. It’s truly been one wild roller coaster and if you don’t know how to ride it you’re going to most likely lose money in the markets. Today is November 9, 2020 and we are going to analyze the stock market as well as the forex & cryptocurrency markets for the trading week after Presidential elections. With a surge in cases…

Bitcoin price suddenly drops 11% as whales move BTC to exchanges

Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. BTC price hits $17,250 lows Data from Cointelegraph Markets and TradingView showed BTC/USD experiencing major volatility overnight on Wednesday. After nearly hitting $19,500 during the dayโ€™s trading, after-hours saw a period of bearish indecision that ended in a sharp sell-off. Bitcoin then bounced at $17,250, capping daily losses of around 5%. BTC/USD 1-day chart. Source: TradingView Many analysts had already warned that the recent gains were due for a pullback,…

Ethereum Starts Corrective Decrease, Why Recovery Could Be Limited

Ethereum formed a short-term top near $620 and started a sharp decline against the US Dollar. ETH price is correcting gains and it could revisit the $500 support zone. Ethereum started a downside correction after it failed to stay above the $580 support. The price traded below the $550 support and the 100 hourly simple moving average. There was a break below a major declining channel with support near $565 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $507 level and it seems like…