In short, those who bought at moments of highest hype are probably feeling some pain right now, but a lot of other holders – those who looked for good entry points to accumulate – are still up big. That’s perhaps the most important lesson in crypto investing: because they are so accessible and liquid, these assets are subject to big, quick swings in sentiment leading to fragile … [Read more...] about How to Stay Sane During a Crypto Crash
Crash
What Makes Bitcoin Price Go Up … or Crash Down?
Traditional financial products can also have an impact on the market price of bitcoin, particularly derivative products that represent contracts that track the underlying price of BTC. As we’ve already discussed, leveraged futures trading can often fuel steep price changes, but so can other products such as crypto options. In short, crypto options give investors the right, but … [Read more...] about What Makes Bitcoin Price Go Up … or Crash Down?
Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
Ethereum's native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world's leading crypto by market capitalization.The ETH/BTC exchange rate jumped a little over 11.50% to hit 0.0835 BTC for the first time since May 2018. The pair's price rally appeared in … [Read more...] about Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
What next for Shiba Inu (SHIB) following its 50% crash?
Shiba Inu has been making moves of late, hitting an all-time high of $0.00008876 last week and crashing the top ten to leapfrog Dogecoin in the process. However, since then, momentum for the divisive meme coin has slowed considerably, triggering a sell-off that bottomed at $0.00004264 on Thursday – a 52% drop in seven days.Source: SHIBUSDT on TradingView.comGiven the severity … [Read more...] about What next for Shiba Inu (SHIB) following its 50% crash?
‘Whale’ indicator that preceded 2020’s Bitcoin (BTC) crash is now back
Bitcoin proponents and investors are (understandably) calling for a ‘supercycle,’ with predictions of the world’s largest cryptocurrency by market cap reaching as high as $1 million in certain circles.But that party could be spoiled if one technical indicator is to be considered. “$BTC Exchange Whale Ratio(72h MA) reached 90%,” warned Ki-Young Ju, the founder of crypto … [Read more...] about ‘Whale’ indicator that preceded 2020’s Bitcoin (BTC) crash is now back