Friday, January 15, 2021

Cointelegraph By Joseph Young

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Is a new rally brewing as Bitcoin reclaims $38K and stablecoins 'flooding' exchanges?

The price of Bitcoin (BTC) has extended its recovery on Jan. 14, reclaiming the $38,000 level. What's more, the weekly candle has now turned...

Bitcoin price stuck at $32K–$35K: Likely outcomes of BTC ‘flush’ drop

In the short term, the crucial technical resistance level is $35,500. Throughout the past 24 hours, Bitcoin has continuously rejected at that level. When...

Another $1 billion wipeout: Why is Bitcoin seeing extreme price moves?

Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of...

Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch

The price of Bitcoin (BTC) rose 20% on Jan. 12 from $30,500 to around $36,600 across major exchanges. But while the rebound after the correction...

Bitcoin hit by $2.7 billion futures liquidation frenzy: What happens next?

Over $2.7 billion worth of futures contracts got liquidated in the last 24 hours, based on data from Bybt.com. This caused the price of...

Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?

Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits...

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