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Tag Archives: SHORT

StayBit is Beta Testing P2P Payment System for Short Term Rentals

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After 10% Short Squeeze The Situation Is Still Bearish

After capturing a new annual low, Bitcoin was consolidating for around 12 hours before reaching to lower areas and marking the $3200 zone as the new yearly low. This was followed by a new record of the open short positions on Bitfinex. We mentioned it in our yesterday’s article, along with the possibility for a short squeeze. As anticipated, not ...

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Chinese Miners Short BTC Markets to Hedge Against Falling Prices

News The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners in China are now short selling bitcoins to hedge against falling digital asset prices. Also Read: Markets Update: Cryptocurrencies Are Still Blood Red Some Chinese Miners Are Short Selling BTC Due ...

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More Chinese Miners Selling Short Following Crypto Market Slump

Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations in the current bear market, Chinese crypto outlet 8BTC reported Thursday, Dec. 6. The severe cryptocurrency market decline in the last month has reportedly caused new generation miners to start hedging their coins to avoid market risks. At the same ...

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Bitcoin Short Positions Record Their All-Time High on Bitfinex

This current bear market broke a new record, and it’s a negative one: As of writing this, the leading margin trading exchange Bitfinex had broken its all-time a high number of open short positions on Bitcoin. This has happened as the short positions just crossed 41,000 BTC. The bad news is for the bulls: As more people are thinking that ...

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Ethereum Price to Test $100 Support, Will it Come up Short?

As all cryptocurrencies remain buried under a fresh layer of bearish market pressure, it will be interesting to see how things move ahead in the coming weeks. For Ethereum, the double-digit value is coming a lot closer over the past few days. A bit more negative price pressure will crumble the support at $100, which is a pretty interesting development, ...

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Bitcoin Price Watch: BTC/USD Turned Short Term Bullish

Key Points Bitcoin price climbed higher and broke the $4,080 and $4,200 resistance levels against the US Dollar. There is a short term bullish trend line formed with support at $4,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading nicely above the previous resistance (now support) at $4,080. Bitcoin price made ...

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Ethereum Price Analysis: ETH/USD Could Rebound In Short Term

Key Highlights ETH price retested the $100 support area and recovered slightly against the US Dollar. Yesterday’s important bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher in the short term towards the $114 and $118 resistance levels. Ethereum price is slowly moving higher against ...

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Bitcoin Price Watch: BTC/USD Buyers Aim $4,950 In Short Term

Key Points Bitcoin price is slowly recovering and it is currently placed above $4,400 against the US Dollar. There was a break above a short term contracting triangle with resistance at $4,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may perhaps continue to rise towards the $4,760 and $4,934 levels in the near ...

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