Demand Shortage in Grayscale’s Bitcoin Trust Signals Alarm Bells

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Student Cashes Out $4 Million In Bitcoin After Finding Lost Keys To 127 BTC

There have been lots of emotional stories about people who lost their crypto holdings after forgetting their keys. Clearly, there has been a shortage of nice stories about people who have managed to recover their lost digital coins.

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Bitcoin Mining Machine Shortage Worsens as Bitmain Sells Out Through August

Bitmain pre-sold over 3 months of inventory in December.

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Bitcoin Undergoing “Supply Shortage” as Retail Demand Is Skyrocketing

Bitcoin is being bought en-masse by retail investors amid this strong rally higher, market data shows. Recent analysis found that PayPal’s addition of cryptocurrency purchases could be a key factor behind BTC’s rally to $28,000.

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Despite Bitcoin's $1B shorts liquidations, why does the narrative of a price rally stick?

After recovering from the aftermath of the $1 billion shorts liquidation in Bitcoin, traders have now been hit with increased activity on the Bitcoin network. The supply shortage narrative may still bThe post Despite Bitcoin's $1B shorts liquidations, why does the narrative of a price rally stick? appeared first on AMBCrypto.

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Institutional Buyers Creating ‘Bitcoin Shortage’ and Driving Price: Pantera Capital CEO

The CEO of Pantera Capital believes that a ‘Bitcoin shortage’ is driving recent price action. Dan Morehead claims that interest from major institutions is causing BTC to get bought up quicker than it can be mined.

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Bitcoin shortage as Wall Street FOMO turns BTC whales into 'plankton'

Institutions make mincemeat of the whales who just recently held huge sway over market sentiment below $20,000.

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Gemini vs Coinbase Comparison – Fees, Limits & Trustworthiness Compared

There’s no shortage of options for beginners looking to find a place to buy cryptocurrencies, like Ethereum and Bitcoin. Two of the most often recommended options are Gemini and Coinbase, and there is a good reason for that.

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Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply

While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC manufacturers are sold out for months.

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As price drops, are Bitcoin hodlers on the backfoot?

Bitcoin’s volatility is high this week, as the price has dropped from $19000 to $16900. The price hike was supported by the “shortage of supply” narrative. Looking at how the supply is not shortThe post As price drops, are Bitcoin hodlers on the backfoot? appeared first on AMBCrypto.

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A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow.

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Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC

Ever since the Bitcoin halving on May 11, a mere 900 BTC have been generated every day, half of what has been mined before that day. At the time, BTC price was around $8,500, and legendary investor Paul Tudor Jones had just come out with his Bitcoin bull thesis calling it the fastest horse as […] The post Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC first appeared on BitcoinExchangeGuide.

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“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month

Crypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week. The post “Bitcoin shortage”: PayPal bought 70% of all mined BTC last month appeared first on CryptoSlate.

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Bitcoin Shortage? Pantera Thinks Market Rally Driven by PayPal Buys

PayPal’s recent leap into the crypto market is helping to drive the current bitcoin rally, according to Pantera Capital.

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Stretched thin? Wrapped Bitcoin assets may encourage supply crisis

WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon

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Bitcoin shortage is real, and PayPal is the cause, Pantera Capital claims

Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital.

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Seller shortage? Bitcoin exchange reserves plunge as BitMEX bleeds BTC

Bitcoin exchange reserves are continuously plummeting as analysts pinpoint the trend to a potential shortage of sellers.

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There May Soon Be a Bitcoin “Shortage” Amid Institutional Adoption

Bitcoin has stagnated over recent weeks and months after peaking at $12,500 in August. The leading cryptocurrency currently trades at $11,450, stuck in the middle of the range between $10,000 and $12,500.

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‘Shorts will be dead’ — Why Dan Tapiero expects a massive Bitcoin shortage

Dan Tapiero believes Bitcoin could face a supply shortage if institutional demand for BTC continues to increase.

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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung.

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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US

Nigeria’s weakening naira currency, as well as the shortage of U. S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential equipment from abroad.

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‘Buying Bitcoin Is A Fool’s Game’, Says Economist Steve Hanke

There is certainly no shortage of Bitcoin critics. And of course, some of these critics are highly respected economists and other financial professionals. But Steve Hanke is a different type of crypto critic.

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Gold’s Unusual Supply Squeeze Highlights Bitcoin’s Superiority: Coinbase

The coronavirus pandemic that has brought the world to a standstill has provided more perspective on bitcoin and gold and the need for a hedge against the associated uncertainty. Yet, the flight to gold has led to an unprecedented global shortage which only proves bitcoin’s superiority as a reliable form of money to fall back […]

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Why Bitcoin Crossing the 4-Hour 200MA is Huge News

The past few days have been positive for Bitcoin, as the flagship cryptocurrency continues to recover from the major correction last month. There is no shortage of analysis supporting further price gains, yet one critical piece of data stands out as very positive.

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How to Hide Your Bitcoin – Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials

In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even storing seed phrases in your brain, there’s no shortage of measures that […] The post How to Hide Your Bitcoin – Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials appeared first on Bitcoin News.

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Binance CEO CZ: Craig Wright Is A Fraud And Investing In Bitcoin SV (BSV) Won’t End Well

The CEO of Binance, Changpeng “CZ” Zhao has called out Purported Bitcoin creator Craig Wright, calling him a fraud. This is coming on the heels of Chinese cryptocurrency exchange FCoin pausing deposits and withdrawals after announcing a shortage of digital assets worth $130 million.

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Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

Fcoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal services after revealing a shortage of crypto assets worth up to $130 million.

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How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth

The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.

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Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff

Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes.

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‘Bitcoin Is Dying,’ for at Least the 378th Time to Date

Bitcoin and leading cryptocurrency prices have taken a major hit over the last couple of days. As you might expect, there are no shortage of volunteers to deliver its last rites given the recent volatility.

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Gemini vs. Coinbase Comparison – Is Gemini better place to trade crypto?

There’s no shortage of options for beginners looking to find a place to buy cryptocurrencies, like Ethereum and Bitcoin. Two of the most often recommended options are Gemini and Coinbase, and there is a good reason for that.

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Global U.S. Dollar Shortage to Benefit Bitcoin, Says Crypto Twitter’s Biggest Bull

Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook.

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Bitcoin to Shine Once Liquidity Crisis Gets Triggered

The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all.

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Bitcoin could address the cash savings crisis in Hong Kong and India

With Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises.

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U.S. Dollar Shortage Caused Bitcoin to Crash, Says CIO Travis Kling

Travis Kling is the founder and chief investment officer of crypto asset management firm Ikigai. He recently went on air on CNN and gave the best description of what bitcoin is. In the interview, Mr.

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Bitcoin a Viable Option in Turkey as Lira Decline Continues

Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties to venture fullyRead MoreRead More.

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Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra

There's no shortage of catalysts behind bitcoin's weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure.

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Facebook’s Libra Will Primarily Be Used to Buy Bitcoin, Says Fundstrat

There has been no shortage of opining over Facebook’s foray into crypto this week. Most industry heavyweights are in agreement that Libra is about as far from bitcoin as the greenback is, but the new digital offering will have an impact on the crypto scene, and it may not be that bad.

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4 Notes on Why Bitcoin is Tokenized on Binance Chain

There has never been a shortage of curious developments which put an interesting sin on cryptocurrency projects. Binance, the world’s leading trading platform, is issuing new tokens on its native blockchain.

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Bitcoin Leaves Other Asset Classes in Dust as Market Stars Align

By CCN Markets: Investors who are not generating returns in 2019 are clearly looking in the wrong place. Considering bitcoin claimed a fresh 2019 high to nearly $9,400 over the weekend, other asset classes have a hard act to follow.

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Bitcoin Pullback is Normal Part of Parabolic Cycle – Mati Greenspan

Since Bitcoin surprisingly broke into an impressive bullish rally recently, there has been no shortage of estimates about the possible trajectories the asset and even the market in general, will continue to follow.

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Bitcoin Semi-Bull Vinny Lingham Says BTC Price Won’t Crash if Hovers Above $6,200 USD Value

There is almost never a shortage of predictions and forecasts about the cryptocurrency market. But recently, the number of these conjectures more than doubled when Bitcoin rallied and broke through $8,000.

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Huge! Amazon-Owned Whole Foods Buoys Crypto by Accepting Bitcoin

By CCN: There’s no shortage of possible catalysts behind the spike in the bitcoin price is. You can now add Jeff Bezos’ Amazon to the list. Whole Foods, which is owned by the e-commerce behemoth, is now accepting bitcoin as a payment method.

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Peter Schiff Admits Bitcoin Has ‘Some Appeal’ But Won’t Replace Gold

For some, bitcoin is the creme de la creme of assets. Others say its gold. But is one really better than the other? The meteoric rise in bitcoin’s price over these past few weeks has re-ignited this debate.

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Bitcoin Blast-Off Theories: $100 Million ‘Mystery’ Buyer, Asian Algos and April Fools

Now that the bitcoin price is out of the doldrums, every mainstream financial media outlet has come out of the woodwork and back to crypto. With a few exceptions, much of the coverage has been reasonable.

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How Crypto Compliance Requests Strip User Privacy

Money transmitting services that enable users to switch from crypto to fiat are a valuable resource. There’s still a shortage of cryptocurrency off-ramps, and thus reliable services that offer a reasonable exchange rate are to be cherished.

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Crypto Fundamentals: What is Driving The Massive $20 Billion Rally and How Long Will it Last?

In the past 3 weeks, the valuation of the crypto market has increased by more than $22 billion from $111 billion to $123 billion. There is no shortage of technical charts, indicators, analysts and observers trying to predict where crypto markets and Bitcoin will go next.

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5 Harsh Truths No Crypto Investor Wants to Hear – But Ignores at Their Peril!

There’s no shortage of optimism in the cryptocurrency and blockchain world – so much so that cold, harsh truth starts to become a rare commodity. With that in mind, let’s take a sobering look at five truths cryptocurrency investors don’t want to hear, no matter how much they should.

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Crypto Analysts Make A Bet of 0.1 BTC Over Bitcoin Price Bottoming At $1,165

Bitcoin Bottom Is Coming But The Question Is At $2k Or $1k There have been several price predictions as to when will Bitcoin hit the bottom or if we are currently at the bottom. Also, there has been no shortage of new all-time high projections at about 90k, 100k, and 300k. However, the bullish momentum […]

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