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Crypto New Media Press

The crypto market has seen some grave price action over the past several days and weeks, with yesterday’s capitulatory meltdown marking one of the worst that the markets have ever seen in their short history. Yesterday’s selloff – which came about in tandem with the traditional markets seeing one of their worst days in over […]

The post This Crypto’s Defense of a Key Level Puts a Move to All-Time Highs in the Cards appeared first on Crypto New Media.

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Crypto New Media Press

This is a MANDATORY update for everyone, regardless if you’re a holder, staker, service provider, or Service Node operator. You must update before block 1382400 (estimated March 20th 5am UTC +0). Download Blocknet Comet v4.1 Blocknet Comet is the largest release to date and is a direct fork of Bitcoin Core v0.18 with integrated Blocknet […]

The post Blocknet Comet 4.1 has been released – The Blocknet Protocol appeared first on Crypto New Media.

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Crypto New Media Press

Argent’s lessons learned from a challenging couple of days “What we really need to cancel is 2020”. I’m not quite where Lebron James is at (I’m actually very excited about what 2020 holds for Ethereum), but there’s no doubt the last couple of days have been challenging for our team and the wider community. I […]

The post Crypto, Corona and Congestion – Argent appeared first on Crypto New Media.

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Crypto New Media Press

MakerDAO’s emergency shutdown option – which was weighed by community members following the appearance of a $4 million debt bubble on the decentralized finance (DeFi) platform – will not pass at this time. If a shutdown was triggered by the Maker team, all dai stablecoins in circulation would convert to the underlying asset, ether (ETH). […]

The post MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol appeared first on Crypto New Media.

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Crypto New Media Press

Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears. In line with the increasing number of industry events being delayed or canceled in response to the coronavirus outbreak, Consensus will not be hosting a conference in New York this year. Consensus […]

The post Consensus 2020 Crypto Event Goes Virtual Due to Coronavirus appeared first on Crypto New Media.

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Crypto New Media Press

It’s a wild ride out there as insane volatility catches both derivatives traders and exchanges off-guard. Not only did BitMEX suffer a “hardware” issue but Deribit also went down and saw its insurance fund get REKT. Instead of initiating socialized losses though, the Panama-based exchange will use 500 BTC from its own funds. Deribit Does […]

The post Deribit Pumps 500 BTC Into its Own REKT Insurance Fund appeared first on Crypto New Media.

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Crypto New Media Press

Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700. According to a tweet from the company, problems arose during frenzied trading activity on the evening of March 12. BitMEX “hardware issue” sparks delays As a result, BitMEX was offline […]

The post BitMEX Denies it Made Bitcoin Price Drop to $3.7K After Going Offline appeared first on Crypto New Media.

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Crypto New Media Press

Bitcoin is down more than 50% and broke many key supports such as $5,000 against the US Dollar. BTC price seems to be forming a short term bottom near $4,000 and it could recover. Bitcoin tumbled below many important supports and tested $4,000 against the US Dollar. The price is currently recovering from a major […]

The post Bitcoin Is Carving Short Term Bottom Near $4K After A Massive 50% Decline appeared first on Crypto New Media.

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Crypto New Media Press

Friday 13 is at the beginning, but the market already shows the scary new Bitcoin’s bottom of $4,900. BitMEX derivatives exchange is reporting a huge wall of long orders sell-offs. BitMEX report that they have the biggest order liquidation sequence in the last 16 months. Both longs and shorts have been selling crypto, which causes […]

The post BitMEX Liquidates $700 Millions of Orders amid Bitcoin Price Crash appeared first on Crypto New Media.

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Crypto New Media Press

Analysts in the Bitcoin market are dime a dozen, but good analysts are hard to come by. One of these “good” analysts is PenarthUdi — a pseudonymous TradingView user who few know nothing about, other than the fact that his calls have been amongst some of the most accurate in the industry. In December 2018, […]

The post Analyst Who Predicted Bitcoin’s $3,000 Bottom & More Thinks This Is Next appeared first on Crypto New Media.