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Neo (NEO) Hits a 2-Month High Above $11.5; Draws a Bullish Divergence


Neo, at the time of penning down this analysis, was trading above $10 at $11.18 after marking an intraday low at $10.7 in the initial trading hours on May 9, 2020 A quick rebound helped NEO/USD gain 4.4% in the intraday with massive volatility as projected by the 20-day Bollinger Bands The pair...

Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance


Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market. Although not unusual...

Bitcoin (BTC) Successfully Hits Above $9.2k with $9.5k as the Nearest Target


Bitcoin aces the intraday trading session today as it successfully leaps out of the price accumulation around $9.2k, and we are not away from a complete bullish enclosure before the halving if it hits $9.5 resistance anytime soon. The price of BTC is seen skyrocketing after hitting above $9.2k just...

ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone


The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...

Player Hits $250,000 (29 BTC) Slots Jackpot Staying at Home


Staying at home can pay off, not only for one’s health but also for one’s Bitcoin stash. This statement has never been more true for anyone than the lucky player who just added over 29 BTC to his wallet by playing the exclusive game of Slots. Let’s face it, in most cases, the odds...

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