Bitcoin (BTC/USD) remained pressured early in the Asian session as the pair continued to orbit the 20733.12 level, representing the 23.6% retracement of the appreciating range from 17567.45 to 21711. ...
Tag: Pressure
$4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales – Bitcoin News
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, wh...
SEC Chairman Piles Pressure on Altcoins, Says ‘Bitcoin Is the Only One I Am Willing To Say Commodity’
– Advertisement – For SEC Chairman Bitcoin is the only crypto that is a commodity. Gary Gensler, the chairman of the Securities and Exchange Commission, has stated that Bitcoin (BTC) is th...
JPMorgan Says Bitcoin Price May Remain Under Pressure. Here’s Why
Alex Dovbnya JPMorgan analyst Nikolaos Panigirtzoglou believes that Bitcoin bulls might not be out of the woods just yet Bitcoin investors should be prepared for more selling pressure, according to JP...
Overhead Supply Pressure Hints SHIB to Retest $0.00001
Published 6 seconds ago On June 21st, the Shiba Inu (SHIB) price knocked out a five-week-old descending trendline resistance with a long bullish candle. The breakout opportunity attracted more buyers ...
Cardano price analysis: Price recovers to $0.502 amid rising selling pressure
The Cardano price analysis shows that the cryptocurrency price has been moving in an ascending direction due to the ongoing bullish momentum. The bullish momentum has been continuous as the last hours...
Here’s how Bitcoin miners are really dealing with market pressure
The first week of June saw the start of a sell-off phase in the cryptocurrency market, with most cryptocurrencies seeing a 4-year low. The deteriorating market conditions have also harmed the profitab...
Daimler Trucks says it’s facing enormous supply chain pressure
Supply chain disruptions are still rippling across the globe, and the head of the world’s largest truck maker has warned that parts shortages are slowing the production of thousands of its vehic...
Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure » NullTX
After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggli...
CEL Coin Surges Above $1 – Is Celsius Under Pressure?
Celsius Network appears to be making every effort to recover its users’ faith. The decentralized finance (DeFi) network declared a week ago that withdrawals, swaps, and transfers would be suspended, c...
Bitcoin miners are increasing pressure in the market! Know How?
Financial statements of public mining corporations showed that they’d to quadruple sales of cryptocurrency to create ends meet. In could 2022, public mining companies sold 4,411 bitcoins. ...
VeChain Heads For Update, Can VET Price Lessen Bearish Pressure?
VeChain follows the general sentiment in the market and has experienced some relief across low timeframes. The crypto market trended below the critical support zone during the weekend but saw it bounc...
Babel Finance reaches debt agreement to ease liquidity pressure
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency lender Babel Finance, which halted withdrawals on June 17 citing liquidity pressure, has reached preliminary ag...
Miners Sell Bitcoin, Increasing Pressure on the Market
Miners are selling off their Bitcoin to survive the crisis. Financial statements of public mining companies showed that they had to quadruple sales of cryptocurrency to make ends meet. In May 2022, pu...
Ezra Miller scandals put pressure on Warner Bros to address grooming claims
It’s time for Warner Bros. Discovery to talk about Ezra Miller, according to crisis management experts. The actor, who portrays superhero The Flash in the studio’s DC Extended Universe, in...
Babel Finance Temporarily Suspends Withdrawals Due to “Unusual Liquidity Pressure”
Hong Kong-based cryptocurrency lending company Babel Finance has temporarily suspended its services, citing liquidity pressure due to extreme market conditions. Babel Finance Halts Withdrawals In a b...
Bitcoin drops from top 10 assets globally ranking as selling pressure mounts
After attracting significant capital inflow to rank among the most valuable investment products, Bitcoin has been dislodged from the top ten assets globally based on market capitalization as the flags...
Cheniere is under pressure despite repurchasing $350M shares from Icahn
Cheniere Energy, Inc. (NYSEAMERICAN:LNG) announced the repurchase of $350 million in shares from Icahn Enterprises. Share repurchases are often a positive signal as it affirms the company’s own confid...
Can WAVES turn tide in favor of bulls after recent bearish pressure
WAVES just concluded its first two weeks of June on a downward trajectory that saw it push back to May lows. This is despite the little upside towards the end of May, which made it seem as if the bull...
Shiba Inu experiences increased sales pressure in the US
Here are the findings from a new survey that examined which cryptocurrencies Americans want to sell the most. Most US investors plan to sell Shiba Inu In first place was Shiba Inu, with 19 states, in...
Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
Up until last week, economists predicted a 50 basis point rate increase, as happened in May. But a U.S. government report Friday showed the consumer price index, which tracks inflation, rose to a new ...
Can Cardano resist downward pressure as EVM sidechain is set for launch?
Cardano ADA/USD is a blockchain platform that serves the role of being a decentralized application (dApp) platform where developers can utilize its multi-asset ledger and verifiable smart contract to ...
Cardano Resists Downward Pressure, Can ADA’s Price Push Bears Away?
Cardano (ADA) has been following the general sentiment in the market. The fifth cryptocurrency in terms of market capitalization has been trending to the downside but at a slower pace than larger cryp...
Latest Shanghai quarantines add more pressure to global supply chain
Staff members of China Post unload parcels of daily necessities for residents quarantined at home from a minivan on May 14, 2022 in Shanghai, China. Tian Yuhao | China News Service | Getty Images The ...
More Selling Pressure On Ethereum As Large Defi Protocols May Sell $900 Million In ETH To Defend Their Positions
– Advertisement – Ethereum In The $1,100-$1,200 Range With $900 Million In Liquidation Pressure From DeFi Protocols. While the larger crypto market stays red, Ethereum seems to be faced ...
Litecoin (LTC) faces more pressure as Binance refuses to support MWEB function
Largest cryptocurrency exchange Binance has joined the list of trading platforms that have announced they won’t support Litecoin transactions based on the network’s new privacy feature kno...
BTC Price Drops to $26K as Bears Maintain Selling Pressure
Sellers Attempt To Sink Bitcoin as Bears Maintain Selling Pressure – June 12, 2022 On June 11, the bears broke the crucial support of $28,600 as bears maintain selling pressure. The cryptocurrency is ...