#Bitcoin Big Whale Alert! 999992 TUSD just transferred to Binance Published 6 months ago on November 20, 2018 By Nadja Eriksson Share Tweet The cryptocurrency market is experiencing huge losses from the past few days with all major cryptocurrencies dropping over 10% and bitcoin dropping down from $6400 to $4400 in just a matter of days. In such a situation where most traders and investors are panic selling, big whales are waiting just for the right moment to buy. Technical analyst predicts that the price of bitcoin is expected to see a correction in the upcoming days which would eventually lead to the correction in the prices of other altcoins as well. Just a few minutes back, one of the big whales just transferred 999,992 TUSD worth $1,023,030 to binance account from bittrex. The transaction hash of the TUSD transfer is: https://etherscan.io/tx/0x42686a6494e5831bcc694685a952b5624798d728c581ecd86382dd91b5ebcd32 In the past 24 hours, the cryptocurrency market has been experiencing huge trading volumes which predict that many traders and investors bought the coins at the current price which is a yearly low for most of the cryptocurrencies. Don’t Panic! A good trader should always think counterintuitively, that’s how winning is done. Warren Buffet the famous wall street trader has said: “be fearful when others are greedy and be greedy when others are fearful”. The current market conditions are going to make a lot of people seriously rich. So be patient, be careful and look out for opportunities. The market is a buyer’s delight right now and a sellers nightmare. Related Topics:BinanceBitcoinBitcoin AnalysisBitcoin bearBitcoin Bullbitcoin marketbitcoin priceBitcoin price analysisBlockchainbtcbuy cryptocurrencycoincryptocurrencycryptocurrency buycryptocurrency marketcryptocurrency pricecryptocurrency price analysiscryptocurrency updatesdaytradinghodlmarketRippletradingxrpXRP Pricexrp price analysis Up Next Gstar: A mobile based blockchain system Don't Miss Craig Wright, Stock Markets, Technology, Manipulation: What is the reason for Cryptocurrency Crash? Continue Reading Advertisement You may like Circle Fires 30 Employees due to Regularity and Market Conditions NYAG Case: Bitfinex and Tether Argue for Case Dismissal Craig Wright registers Copyright for Satoshi Whitepaper: BSV Surges 85% The Current Bitcoin Market Scenario: Price Manipulation by Whales ETH to USD, 21 May: Ethereum Price Analysis, What’s Next? BTC to USD, 19th May: Bitcoin Price Analysis, $6000 or $9000? 1 Comment 1 Comment Pingback: Big Whale Alert! 999992 TUSD just transferred to Binance – The Coinage Times Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin The Current Bitcoin Market Scenario: Price Manipulation by Whales Published 15 hours ago on May 22, 2019 By Ruchi Ramaswamy The crypto markets started the last week with a different Euphoria. Each and every trader watched as Bitcoin rallied past $7000 to an astonishing $8000. However, at the dawn of Friday, 17th May they woke up to a different scenario. The bitcoin gap just went lower by about 20% or over $1500. As a result of that, the rest of the crypto market was brought down. Some traders were caught unawares while others had foreseen it. The question on every person’s mind was what just happened and which direction should be taken now. It all started on the Bitstamp exchange at about 10 pm ET on Thursday, 16th May. At that time, numerous crypto traders honed in the rather suspicious sell wall. The trader placed a sell order for 3,645BTC (c. $22m) on the exchange. It was formed at a moment when the Bitcoin market liquidity was at its lowest. It especially happens on a singular exchange. The immediate reaction was to reduce the price of Bitcoin on Bitstamp. You could even view the spread in cost between other exchanges and Bitstamp. Such exchanges could include Kraken and Coinbase. As a result of the crypto market arbitrage, the prices on other similar exchanges followed the same track. Bitcoin would fall across the board. The rest of the market sank. It is due to the correlation of the other crypto assets with bitcoin. However, there was far more on the move than just a mere massive Bitcoin selling. What occurred with the wall was an example of cryptocurrency spoofing. On a clear observation, one could notice that the selling wall decreased by the coming of more orders that matched it. This kept occurring as Bitcoin passed through $7500, then $7000 and thereby hitting around $6200. In the end, the sell was completely consumed albeit at a seemingly reduced price. Then, once the cost had hit around the $6200 level, there was another massive buy well that was created on the same exchange ($11m). It could have brought about the sudden recovery that we have noticed in the price greater than $7000. It gave a clear evident of cryptocurrency spoofing in reality. The gentleman or lady behind this doing was clearly attempting to impact the price. There are very few surplus explanations to answer why they would have issued an order of that magnitude at that moment. If an individual had the desire to trade a huge block of Bitcoin at the most suitable price, they would attempt to facilitate an OTC deal. It would be of minimum impact on the market. Furthermore, the timing of a massive buy wall immediately after the trade wall coming to light is suspicious. It is either the orders were greatly coordinated or completed by rather the same party. Similarly, this can also occur on the reverse as sellers place large buy wells. Back in April, something of the sought happened. It was as an individual trader placed a massive order through. It was at a seemingly illiquid moment. Spoofing is something that is considered illegal at the traditional financial markets. However, it is given the unlimited character of the cryptocurrency markets. On the other hand, whales tend to have free reign. However, a question pops up, why would a whale have an urge to tank the market in that way? The solution could lie in a completely distinct market. Continue Reading #Bitcoin Alert: GotSatoshi Reveals the Real Identity of Satoshi Nakamoto? Published 1 week ago on May 14, 2019 By Nadja Eriksson The identity of Satoshi Nakamoto is one of the biggest secrets in the world, especially in the cryptocurrency industry. A lot of people have speculated the real identity of the bitcoin founder and some people such as Craig Wright has even self-proclaimed themselves to be Satoshi Nakamoto. A new website called GotSatoshi now claims to know the real identity of the founder bitcoin Satoshi Nakamoto. Where in the world is Satoshi: The Countdown ends The website ran a countdown and also posted on their official twitter account claiming to know the real identity of the founder of bitcoin. Never imagined there would be so much interest in who I am. Can’t the idea speak for itself? Quoth the poet “Daring ideas are like chessmen moved forward: they may be beaten, but they may start a winning game” But if you insist on knowing – https://t.co/lyYHmE79Mx pic.twitter.com/T14mRnfK0u — gotsatoshi (@gotsatoshi) May 2, 2019 The countdown which ended just a few minutes back (from the time of publication) revealed a video which is actually marketing a news website called PaiNews. It seems that it was just another joke or a method of fooling and attracting traffic to the website. What are your thoughts on such lame jokes or methods of attracting traffic? Tell us in the comments section below. Continue Reading #Bitcoin Kevin O’Leary from Shark Tank calls Bitcoin: Garbage and a Useless Currency Published 1 week ago on May 14, 2019 By Coinnounce - Coin Announcements During an interview with the CNBC, Kevin O’Leary from Shark Tank said that according to him Bitcoin is garbage and a useless currency. Kevin O’Leary calls Bitcoin Worthless Famous as the founder of Softkey, a startup that earns annual revenue of around $29 million and a host on the American business reality series Shark Tank, Kevin O’Leary is a celebrity amongst the business class in the United States of America. During the interview published on 14th May 2019, Kevin expressed his thoughts over the king of cryptocurrencies bitcoin and called it a useless currency as the people who accept it just wants to hedge against the high volatility of the virtual currency. This comes in the midst of the current bitcoin surge as the virtual currency doubled its value in just a few days from below $4000 to more than $8000. Kevin also explained why he has such negative views on bitcoin giving the instance of how once he tried using bitcoin for a real estate transaction in Switzerland. He said that it is not possible to get in and out of bitcoin while transacting in huge amounts. He also gave an example stating that if one wants to buy real estate in Switzerland for $10 million. The seller wants a guarantee that the value comes back to him as currency at ten and the buyer has to hedge the risk of the cryptocurrency, hence it is not a real currency. Kevin said that the seller or the receiver would never want to take the risk of such high volatility and thus BTC is worthless. 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