Bank of America claims that the crypto growth is expounded to the approaching recession – let’s talk about. We are additionally discussing the energy of the market, the significance of market makers in crypto, manipulation current in crypto as a result of massive brief and lengthy leveraged positions, and the way the institutional buyers act in these markets. It’s good to be again to Good Morning Crypto!
Bitcoin dropped to $6,400 on May 17 triggered by a 5,000 BTC sell order on Bitstamp that led to massive BitMEX liquidations. Rapid recovery to $8,000 is a testament to how positive the sentiment around the market is currently. — Joseph Young (@iamjosephyoung) May 19, 2019
This is what happened 1. A jackass put up an aggregated sell of 5000 $BTC on stamp 2. Stamp poor depth + algo glitch? 3. Bmx index is 50% on stamp 4. Massive Bmx liq tanked the mkt 5. Despite all ☝🏻BTC quickly bounced back to $7000 This might be the best chance to BTFMD — Dovey 以德服人 Wan 🗝 🦖 (@DoveyWan) May 17, 2019
🤢🤢🤢 Bitmex is a great platform with great liquidity but its price index relies on two ex (Bitstamp and Coinbase) with shit liquidity, that defeats the whole purpose 20k+ BTC has been liquidated by a 5000 BTC dumping scheme pic.twitter.com/D8Lj2z9O5t — Dovey 以德服人 Wan 🗝 🦖 (@DoveyWan) May 17, 2019
https://jochen-hoenicke.de/queue/#0,8h https://cryptobriefing.com/hoskinson-polymath-security-token-polymesh/ https://www.ccn.com/binance-launchpad-eye-popping-returns https://toshitimes.com/rising-price-of-bitcoin-could-signal-looming-recession/ https://www.ccn.com/no-altcoin-pump-bull-market-novogratz
One thing that never ceases to amaze me is how strong the general trust in altcoins is. I doubt there is any other market that can go down 95% and still maintain as many believers. We're all either the biggest geniuses or the biggest idiots out there. I honestly can't tell. — DonAlt (@CryptoDonAlt) May 18, 2019
https://www.ccn.com/facebook-crypto-project-with-a-huge-self-inflicted-problem
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DISCLAIMER: This is NOT monetary recommendation. This is simply my opinions. I’m not accountable for any funding choices that you just select to make.
Ivan on Tech is all about cryptocurrencies and the expertise behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We additionally cowl Bitcoin worth, altcoin worth, investing, analytics, totally different altcoins.
Ivan on Tech by Ivan Liljeqvist
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