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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone


The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...

Bitcoin (BTC) Regains Bullish Momentum Despite the Recent Decline


Bitcoin has shocked its investors by halting its recovery in just a day Over the last 24 hours, it has lost 2% of its value Bitcoin has deviated from its earlier stand and started losing value. Over the last 24 hours, it reflected downside correction, and its value has moved below $7200. However...

Bitcoin, Ethereum Futures Volumes Decline Along with Decreasing Volatility


Along with decreasing volatility in the spot price of major cryptoassets, trading volumes in both bitcoin (BTC) and ethereum (ETH) futures contracts have also been on the decline across exchanges since the crypto market crash in mid-March. As would be expected, the futures market was most active...

Bitcoin and Altcoins Extend Decline


In the past few hours, there was a sharp decline in bitcoin price below the USD 7,800 support. BTC/USD declined more than 6% and it even broke the key USD 7,500 support level. It seems like the bears are aiming a test of the USD 7,200 support level in the coming sessions. Similarly, most major...

JavaScript Libraries Are Almost Never Updated Once Installed


Some commentary from Zack Bloom on the Cloudflare Blog, looking at requests to CDNJS for versions of jQuery. What we don’t see is a decline in our old versions which come close to the volume of growth of new versions when they’re released. In fact the release of 3.4.1, as popular as it quickly...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash


A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...

Exchange Tokens 'May Decline' if Bitcoin Doesn’t Start a Bull Run


If the major digital assets, bitcoin (BTC) included, can’t prompt another bull market in 2020, exchange-based tokens may decline due to the possible trading volume shrinkage, says TokenInsight, a token data and rating agency. Their latest annual report on the cryptocurrency spot exchange industry...

BTC Marks a Fresh Weekly Decline Below $7k; Retains Short-term Support


Bitcoin, at the time of penning down this article, was trading at $7,186.80. Important to note that the BTC price has hit a fresh weekly low around $6,400 in the past 24 hours. Currently, the coin’s momentum is correcting upwards, as it has again moved above $7,000. Bitcoin has marked this fresh...

2019 Google and Yahoo Searches for Bitcoin Decline Significantly


2019 was an interesting year for cryptocurrencies. Some would say it wasn’t as bad as the crypto winter in 2018 and others would note it wasn’t as great as bull run 2017. One thing’s for sure, ever since the all-time price highs, interest in cryptocurrencies has been waning....

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