{"id":174,"date":"2021-03-16T04:37:00","date_gmt":"2021-03-16T04:37:00","guid":{"rendered":"https:\/\/crypto.homochi.com\/news\/?p=174"},"modified":"2021-04-09T13:53:08","modified_gmt":"2021-04-09T13:53:08","slug":"crypto-news-today-15-03-2021","status":"publish","type":"post","link":"https:\/\/crypto.homochi.com\/news\/2021\/03\/crypto-news-today-15-03-2021\/","title":{"rendered":"Crypto news today | 15 03 2021"},"content":{"rendered":"\n

Crypto<\/a> news today and Bitcoin fall headlong<\/h3>\n\n\n

Cryptocurrency <\/span><\/a>News today<\/span><\/h4>\n

This Article will updated crypto currency trends and news day by day and up today! Of course with some analytics, comments and or some information. May be together with; What\u2019s up, What\u2019s down, and or Mind of the Market\u2026.Yeah, we can say that it actually analysis the world market  and write some words of our views<\/span><\/p>\n\n\n

Shaker<\/td><\/td>8:00am EST 15th Mar 2021<\/td><\/tr>
Crypto: Biggest price rise
BAL13.98%<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td>		Equities: Biggest price rise
BA5.09%<\/strong><\/strong><\/strong><\/strong><\/td>		Bitcoin
$58,663.53<\/strong><\/strong><\/strong><\/strong><\/td><\/tr>
Crypto: Biggest price loss
BTG-6.86%<\/strong><\/strong><\/strong><\/strong><\/td>		Equities: Biggest price loss
BABA-2.05%<\/strong><\/strong><\/strong><\/strong><\/td>		XRP
$0.<\/strong>43<\/td><\/tr>
Crypto: Biggest vol increase*
BAL2,985.87%<\/strong><\/strong><\/strong><\/strong><\/td>		Equities: Biggest vol increase*
DIS266.54%<\/strong><\/strong><\/strong><\/strong><\/td>		Tesla
$692.<\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n
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What’s up<\/p>\n\t\t\t

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ALGO Gets Rhythm<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
With Bitcoin and most altcoins getting pummeled, Algorand (ALGO) is having itself a private party. On Monday as of 8 a.m. (EST), ALGO had risen 15% to $1.30 over the prior 24 hours, following a two-week stint stuck range-bound.
In January, Algorand announced a collaboration with digital custody tech provider Curv. Together, they\u2019ll endeavor to create new DeFi technology billed as having a level of trustworthiness suitable for traditional institutions, payment providers and governments, Algorand COO Sean Ford said at the time.
The platform is touted as a solution for smaller DApp developers priced out of the Ethereum blockchain plagued by network congestion and rising fees.
\u201cAlgorand is a technically sound protocol that provides the scalability essential for further crypto adoption and the continued growth of the space,\u201d Jay Hao, CEO of OKEx, said in an op-ed style article March 6 in\u00a0Cointelegraph.
ALGO\u2019s technical indicators were particularly bearish as recently as Saturday (AMBCrypto).<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n
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WHAT’S DOWN<\/p>\n\t\t\t

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BTC’s Ominous Reversal Of Fortune<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Beware the Ides of March! Bitcoin soared to a new high yesterday but the unfurling of March 15th brought with it a savage sell-off. It\u2019s the kind of gut-churning volatility that blind soothsayers might have easily foretold assuming they\u2019ve been paying attention to the way crypto markets behave.
On Sunday, BTC reached roughly $61,700 following a Saturday sizzle-fest amidst feverish chatter online about stimulus money starting to ping bank accounts.
As of Monday at 8:15 a.m. (EST), BTC had fallen 6.8% to $56,300.
If newly flush U.S. citizens were buying BTC during the past few days, Decrypt noted, it would have been quite the whirlwind crypto induction.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n
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What is coming<\/p>\n\t\t\t

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Cards correction<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

If Bitcoin fails to rebound from the $55,000 area, one trader warned, then a steep correction \u2013 to below $47,000 \u2013 becomes a possibility (Cointelegraph).<\/p>\n\n\n\n

BTC watchers have an eye on crypto regulatory upheaval in India, futures markets and the ratios between short- and long-term buyers. Unlike in December 2017, when BTC topped out, there’s data suggesting short-term selling (on the fly, with less conviction) isn’t overwhelmingly the dominant seller-type varietal compared to transactions among long-term holders.<\/p>\n\n\n\n

Ahead of today\u2019s severe price drop, at least one quant analyst grew worried while monitoring whale activity on exchanges such as Gemini.<\/p>\n\n\n\n

Ki Young Ju, CEO, CryptoQuant, flagged data indicating heavy selling pressure among large wallets and pointed to stablecoin flows read as a sign of the\u00a0hammer coming down.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n

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Rating and Comments<\/p>\n\t\t\t

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