Bitcoin Corrects 5%, Why Upsides Could Remain Capped Near $18.6K

Bitcoin price declined more than 5% and broke many supports near $18,500 against the US Dollar. BTC could correct higher, but upsides might face hurdles near $18,600. Bitcoin started a fresh decline after it failed to stay above the $19,000 support. The price traded close to the $18,000 support and settled below the 100 hourly simple moving average. There is a short-term contracting triangle forming with resistance near $18,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but the previous support…

Ethereum ( ETH ) Standing aside for now but ready to buy right now.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Where is Ethereum ( ETH ) is going today 11/15/20 Web Easycryptopro.com Instagram Forexcapital.ca Twitter Forexcapital3 #btc #bitcoin #eth #Ethereum #xrp #ripple #usdt #bch #bitcoincash #bsv #bitcoinsv #litecoin #ltc #eos #binance #BNB #tezos #xtz #chainlink #Link #stellar #xlm #cardano #ada #monero #xmr #leo #tron #trx #ht #dash #cro #usdc #etc #neo #hedg #iota #miota #zcash #zec #nem #xem #maker #mkr #ont #okb #ftt #doge #bat #dogecoin #pax #vechain #vet #busd #btg #digibyte #dgb #algo #algorand #icx #icon #decred #dcr #qtum #zrx #lisk…

DeFi leader’s mishap sees his Eth2 validator subjected to ‘continuous slashing’

One of the most prominent figures in the decentralized finance community has suffered validator penalties on the Ethereum 2.0 network after a mishap with his DappNode’s power button. DeFi protocol Synthetix founder, Kain Warwick, reported on Twitter that he’d discovered that his Ethereum node hardware had been accidentally switched off which caused him to lose ETH through “continuous slashing” over a number of days. He blamed his toddler, or his robotic vacuum cleaner So my toddler or my Roomba decided to push the power button and switch off my @DAppNode…

More than 100,000 ETH locked for staking via Kraken in four days

Just four days after it launched its Eth2 staking service, customers of the popular U.S.-based cryptocurrency exchange Kraken have deposited more than 100,000 Ether, worth north of $60 million. The milestone was surpassed on Dec. 8, with the exchange estimating that its staking service represents approximately 8% of all ETH staked for Ethereum 2.0 so far. Kraken estimates that its service will provide an APY of between 5% and 17%. Kraken’s vice president of product, Jeremy Welch, stated that the exchange has “long been a supporter of Ethereum,” noting that…

How To EASILY Fund Your Bovada Account With Bitcoin Using Coinbase

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, Jesse Belvin breaks down how to easily fund your Bovada account using Bitcoin from Coinbase. Helpful resources: Get a BIG $ bonus when singing up with Bovada using Bitcoin: Recap Rinse Repeat Picks FREE group: If you’re in need of a coinbase account: coinbase.com/join/belvin_2?src=ios-link ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week

Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000. At around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to $18,200 by press time, according to CoinDesk’s bitcoin price index. The last time bitcoin experienced a similar drop was on Dec. 1 after the bellwether cryptocurrency reached an all-time high of around $19,920, per the BPI. According to Ki Young Ju, CEO of CryptoQuant, the…

Execs from ‘99% fake’ exchange face charges over market manipulation

South Korean authorities have charged executives of what was once the country’s third-largest cryptocurrency exchange, Coinbit, over market manipulation allegations. According to news outlet News1, prosecutors are preparing a case against Coinbit chairman Choi Mo and two unnamed executives on charges of fraud and forgery connected to market manipulation following a recommendation from the Seoul Metropolitan Police Agency. The police said that the three allegedly used ghost accounts from August 2019 to May 2020 to inflate transaction volumes and manipulate token prices on the exchange. The police searched and confiscated…

‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains too volatile,” and he believes the supply cap of 21 million will someday “severely hinder its future usefulness.” There still remains a number of skeptical people in the finance world that believe cryptocurrencies have a long way to go from here. Just recently, Malcolm Stevenson “Steve” Forbes Jr., published a video on…

$17K CME gap-fill looms after Bitcoin price closes below key moving average

After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600).  Crypto market daily price chart. Source: Coin360 Since topping out at $19,888 a number of analysts cautioned that Bitcoin price was at risk of a strong pullback if it failed to either secure a daily close above $19,500 or at least hold $19,000 as support. During Bitcoin’s most recent bull phases the price has held above the 20-MA so a daily close below…

CRYPTOCURRENCY IN PAKISTAN

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