There’s no other way to put it: Bitcoin has fallen off a cliff. The cryptocurrency, over the past few hours, has plunged from a comfy price above $7,700 (which now seems extremely high) to as low as $5,600 in the span of a few 15-minute candles. This crash, which caught many traders aback, liquidated some...Read More
Over the past few days, Bitcoin has fallen off a proverbial cliff. Contrary to the sentiment of many investors, the cryptocurrency fell through support levels as if they were nothing more than a knife going through hot bricks of butter. At the drop’s worst on Wednesday, BTC was trading at $8,520 on some exchanges. This...Read More
The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out.Cryptocurrency Collapse: MATIC Dumps 70%A few hours ago MATIC dumped a whopping 70% in a matter...Read More
Following days of consolidation Bitcoin has reached the end of its pennant formation. The big move that many analysts had expected came a few hours ago, and it was followed by a second slide resulting in a drop towards critical support levels.Bitcoin Dumps $1,000 AgainFor most of this week, analysts have been largely undecided on...Read More
As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low A huge red candle resulted in a dump of over...Read More
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new...Read More