Blockchain 

Bitcoin Corrects 45% from Highs

After having been in a slumber for most of 2018 and recording steady declines, Bitcoin returned with a bang in the first half of this year. Throughout the first six months of the year, BTC enjoyed an incredible rally that raised visions of unprecedented highs, but this all soon came to a halt. Why the Sudden Fall? Now, the biggest cryptocurrency in the world is in the middle of a major slump, and since its high of $14,000 earlier this year, it has slumped by more than 50%. That being…

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Blockchain 

Litecoin (LTC) Corrects 35% From 52-Week High, What’s Next?

2019 has been an excellent year for cryptocurrencies, with most tokens having gained considerably from their lows of 2018. However, the month of July has not been kind at all as statements from key figures like the United States President and the head of the Federal Reserve have wrecked the market over the past seven days. In that regard, Litecoin (LTC) has not been able to escape the carnage either and has lost some of its value during this period. That being said, there is, at last, some good news…

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Blockchain 

Bitcoin (BTC) Corrects 30% & Falls Below $10K

Bitcoin price has pulled lower, a move that has been attributed to traders taking profits after a meteoric rise in recent weeks. A spike to one-year highs of $14,000 had initially elicited suggestions that the crypto was on its way to new all-time highs. However, that was not to be, as a 30% pullback has triggered a slide below the $10,000 mark. Bitcoin 30% Pullback The steep pullback may well be the result of a trader placing a sizeable short order of 20,000 BTC on Bitfinex exchange. The short trade…

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