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Crypto Analyst Claims Bitcoin Is Less Than 50 Days Away From Topping $10k “Forever”
There is an ongoing debate on where the price of Bitcoin may be going next after spending weeks consolidating at $9,000. While some analysts and traders expect the price to plunge to various levels lower than $9,000, a chartered financial analyst at Cane Island and the author of “Bitcoin Spreads Like a Virus”, Timothy Peterson […] дальше »
2020-7-8 15:30
Crypto Volumes Plummeted In June, But CME Data Shows Institutional Bitcoin Players Still Undeterred
According to a new report from CryptoCompare, while Institutional options volume remained high, the volume on top-tier and low-tier cryptocurrency exchanges has decreased dramatically in June 2020, alongside crypto derivatives. дальше »
2020-7-8 11:39
Altcoin ‘Mass Extinction’ Will Likely Precede Next Bitcoin Rally, Crypto Whale Posits
Bitcoin has been one huge pillar maintaining the market balance in the crypto industry for years, and many have come around to look up to the top coin for clues about any impending market movements. Indeed, a spike in Bitcoin’s price has always caused a ripple effect across the vast industry. At the moment, there […] дальше »
2020-7-6 23:50
Number Of People Owning 1 BTC Nears One Million Amid Market Downturn
Two months after the Bitcoin halving event, the number of addresses holding 1+ BTC keeps rising. This trend has continued since the ‘Black Thursday’ market crash in March, which had a catastrophic impact on stocks and cryptocurrencies as both markets thumped deep asset price levels. дальше »
2020-7-6 14:14
As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?
In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values. The Argentina situation before the pandemic was pretty bad as the South American country had been in a three-year recession before the coronavirus struck. A few […] дальше »
2020-7-6 21:59
“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range
Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […] дальше »
2020-7-6 12:32
Fund strategists: The internet’s craziest traders will bring volatility back to Bitcoin
Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020. Fund managers have taken note and are actively considering BTC as a hedge against global markets. дальше »
2020-7-3 01:39
“Don’t even think” crypto will be immune to a derivative crisis: Bitcoin whale
Prior to the pandemic, it was a common narrative in crypto space that Bitcoin was immune to any macroeconomic and geopolitical issues. The post “Don’t even think” crypto will be immune to a derivative crisis: Bitcoin whale appeared first on CryptoSlate. дальше »
2020-7-2 12:00
Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021
Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »
2020-7-2 09:50
Three reasons why China will “lose its grip” on Bitcoin mining as political tensions mount
Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst. дальше »
2020-7-2 22:23
Bitcoin’s Whale Population Is Growing Once Again, But They’re Not Getting Richer
A blockchain data intelligence firm Glassnode recently published a report analyzing the whale activity and investigating the source of their ever-growing influence. The report tried to estimate the power of whales in Bitcoin terms, analyze individual activity, and find out where whales, on the whole, are emanating from. дальше »
2020-7-1 12:22
Bitcoin Has Historically Underperformed In Q3, Will This Year Be Any Different?
Bitcoin has done considerably well in Q2 of 2020 and today is the start of a new quarter. It has gained 50% within this period despite its inability to break and stay above $10,000. As we enter Q3, most market pundits are predicting a possible correction and the possibility of a less impressive performance compared […] дальше »
2020-7-1 10:52
Promising Sign: Almost 2 Million People In UK Currently Own Bitcoin And Other Cryptocurrencies
The lackluster prices have not ruined the resolve of cryptocurrency investors in the United Kingdom. A new study commissioned by the UK’s Financial Conduct Authority (FCA) has found that almost 2 million UK residents currently own cryptocurrency. дальше »
2020-7-1 02:05
Bitcoin Price Marks Its Third-Best Q2 Performance In History
While Bitcoin has been swaying between $9000 to $10,000 for the greater part of 2020, other factors surrounding the cryptocurrency’s price performance have mostly been bullish. With investment interest taking an upsurge while Bitcoin simultaneously outperforms other major assets, in the same fashion, Bitcoin’s quarterly returns have also gone off the charts. According to the […] дальше »
2020-7-1 00:09
Bitcoin Is Waiting For A Trigger To Bring Back Volatility; Is This It?
Bitcoin has set an unprecedentedly low level of volatility. For weeks, Bitcoin continues to trade within a tight range. Though crucial support has held, bulls have failed to break above local resistance. дальше »
2020-7-1 20:06
Trumping Gold: Bitcoin Continues to Thrive in 2020 Despite Increased Volatility
This year has been unexpectedly transformed by the Covid-19 pandemic, which turned the conventional stream of economy upside down. While the economic projections before the pandemic were mostly positive, the whole focus now sprawls on how to recuperate from the loop formed by the crisis that has gripped the entire world. Bitcoin, the OG among […] дальше »
2020-6-29 22:47
Bitcoin’s on-chain analytics signal a long-term crypto bull run: exec
Bitcoin and the rest of the crypto market have struggled over recent weeks. The post Bitcoin’s on-chain analytics signal a long-term crypto bull run: exec appeared first on CryptoSlate. дальше »
2020-6-29 16:00
Why This VC Firm Expects Altcoins to Gain a Significantly Larger Market Share Than Bitcoin By 2021
Pantera Capital, a cryptocurrency investment firm, has recently released its June investor letter. The report addressed a number of ongoing issues, such as inflation and the post-COVID recovery, but also paid a particular focus to Bitcoin and its perspectives in the year 2021. дальше »
2020-6-29 13:03
How The Pandemic Killed The Bitcoin Bull Run, According To Crypto Pundit
From the lows recorded in mid-March, bitcoin (BTC) is up by a whopping 120% at the time of publication. Even so, the cryptocurrency has not staged a steady uptrend. In fact, BTC has been stuck in a bout of sideways trading over the last three-plus months despite showing signs of a bull trend as it […] дальше »
2020-6-29 11:25
That one phenomenon which could stir up Bitcoin detractors to accumulate large amounts of BTC
Max Keiser, a famous American broadcaster and RT channel host, recently ignited a suggestion that Peter Schiff, Jim Rogers, and Mark Cuban, major investors who are currently known for criticizing Bitcoin, will follow an aggressive buying strategy as soon as they realize the value behind the digital asset, which will most likely accelerate the Bitcoin […] дальше »
2020-6-29 21:40
Bitcoin Whales Initiated Bear Move By Dumping Their Coins Onto GBTC Speculators — Peter Schiff
Bearish price movement despite large-volume Bitcoin post-halving purchases by Grayscale Bitcoin Trust points to the involvement of whales, states a renowned investor, and Bitcoin critic Peter Schiff. дальше »
2020-6-29 18:48
Bearish Bitcoin Sentiments Return Even With PayPal Integration Rumors
Santiment, a crypto data feed for traders and investors has released an article titled ‘Bold Predictions’ where it discusses the chances of Bitcoin to break $10,000 and the momentum of a few other top coins. дальше »
2020-6-29 18:04
Centralized Exchange Wallets Now Hold 14% of Bitcoin’s Circulating Supply
“Not your keys, not your BTC” is a famous saying in the cryptocurrency space that means BTC on exchanges technically belongs to the exchanges since they hold the private keys to the funds. It seems the saying has not discouraged BTC holders from using exchanges as 14% of BTC’s circulating supply, amounting to over 2.6 […] дальше »
2020-6-29 00:08
Bloomberg Analyst Gives Two Simple Reasons Why Bitcoin Is Poised To Test $13,000 Despite Current Bearishness
Bitcoin is currently far from a full-fledged bull market. Any attempt to move upward has been swiftly thwarted by the bears. The latest attempt was seen on Monday as the crypto climbed to $9,700, which was followed by a steep fluctuation. дальше »
2020-6-29 23:19
Bitcoin miner outflows are showing signs of a weakening BTC market
It was a long time coming.
The post Bitcoin miner outflows are showing signs of a weakening BTC market appeared first on CryptoSlate.
дальше »2020-6-26 19:00
Why Bitcoin Price Could Remain ‘Stuck Between $6K And $10K’ For The Better Part Of This Year
A few days ago, investors were anticipating bitcoin’s next leg up as the cryptocurrency soared to $9. 8K – the highest level seen in almost 12 days. This upward move came as the stock market also enjoyed noticeable gains. дальше »
2020-6-26 00:55
“Bitcoin.org is now in danger of becoming compromised”, Says Site Maintainer After Being Ousted By Co-Owner
It appears that due to disagreements in management at the very top of Bitcoin.org will lead to some big changes. Will Binns, the person responsible for maintaining Bitcoin.org is out. An argument with Cobra, the owner of the site led to some wholesale changes being announced on Wednesday, June 24th, 2020. The change comes after […] дальше »
2020-6-25 18:16
A look at the spectacular price potential of Bitcoin if institutional players step in
An institutional adoption remains key for the price of Bitcoin to conquer new heights. Without it, Bitcoin will remain in the hands of a group of ‘small’ investors as like as a number of whales – who, however, can exert higher influence on the BTC price. дальше »
2020-6-25 11:06
‘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. дальше »
2020-6-25 23:13
The Bitcoin Market Is About to See a $1 Billion Influx in Less Than 48 Hours
Bitcoin may have lost its momentum to mount a serious bull run right after the halving, but the top coin seems to be holding its own. Still, Bitcoin has made good advances this year with a cool 30% price upswing since the start of 2020. дальше »
2020-6-25 20:52
Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research
After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »
2020-6-25 15:17
What Bitcoin Whales Mass Exodus From Exchanges Means For The Market
In recent weeks, much of the Bitcoin that whales have been piling up has been steadily removed from the exchanges where they were bought, and moved to private wallets. In the past, whales have made moves like this prior to bull runs, so the whale exodus from exchanges could mean a significant bull run is […] дальше »
2020-6-25 13:15
Crypto Enthusiast Reveals What Will Likely Ignite The Next 2017-Like Bitcoin Bull Run
The 2017 bull run was the only one of its kind in the history of Bitcoin and cryptocurrency in general. Bitcoin rose from $1,000 to $20,000 in roughly 6 months while several altcoins gained several hundred percent. дальше »
2020-6-23 23:12
Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions
In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […] дальше »
2020-6-23 18:45
Bitcoin Back Above $9,600 And Ready To Pounce After Record Level Accumulation
Bitcoin is back above $9,600. While the 2% price change in 24 hours has been marginal, getting back above $9,600 is a key psychological move that could boost bullish sentiment. If this holds as support, traders will expect some big price action in the week. дальше »
2020-6-23 15:09
Why Bitcoin Whales Mass-Withdrawing From Exchanges Suggests A Raging Bull Market Will Begin In July
As nations around the world scramble to contain the second wave of coronavirus, investors in the stock market have mostly entered a “wait and see” mode. This indecision in the traditional finance markets has trickled to the crypto market with bitcoin staging a rather boring price action in recent weeks. The OG crypto has been […] дальше »
2020-6-23 20:43
Bitcoin Price Will Tank To Zero, Says Famed American Investor Jim Rogers
Bitcoin and the aggregated crypto market have proved quite resilient over the last couple of months amid a global economic downturn due to the coronavirus pandemic. Although BTC has noticeably remained below the elusive $10,000, the bulls have fiercely defended against any intense downward move on several occasions. дальше »
2020-6-22 13:51
As Traditional Investors Flood the Bitcoin Market, Pundit Warns Of Risk On/Off Moves
As the cryptocurrency sector grows and matures, we can expect the arrival of more and more familiar faces from the traditional financial world. Especially during times of economic uncertainty. It’s becoming more likely that those who once thought Bitcoin was too far off will give the digital assets another look. Charles Edwards, a digital assets […] дальше »
2020-6-22 11:18
Is Bitcoin Crazy Game or Its Time Is Yet to Arrive?
Coinspeaker Is Bitcoin Crazy Game or Its Time Is Yet to Arrive?The crypto community claims that it makes sense to buy Bitcoins because ordinary money will worth less and less because of all the trillions that central banks pump into the financial system. дальше »
2020-6-22 10:59
Bitcoin At $180k Could Happen This Decade Depending On This One Single Factor
According to the Weiss Cryptocurrency rating platform, the price of Bitcoin could trade near $180,000, which is currently 20 times what it is presently worth. The brief further states that this could happen within the next 10 years, meaning that Bitcoin could possibly rise to the aforementioned price between now and 2030. But what guarantees […] дальше »
2020-6-21 09:24
Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce
Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now. дальше »
2020-6-20 19:54
Data Shows Heightened Correlation Between Bitcoin Price and Google Searches
In 2017, Bitcoin mania was hitting the general public. The price was rocketing and people were drawn to do some research on the digital asset. The amount of searches and the amount of people buying bitcoin retail has been correlated in the past and we might be starting to see a similar situation arise in […] дальше »
2020-6-20 17:09
Contentions Erupt After New York Fed Classifies Bitcoin As ‘Just Another Example Of Fiat Money’
Economists at the New York Federal reserve believe that bitcoin, the decentralized, peer-to-peer virtual currency that was created by a pseudonymous software developer around 11 years ago, is “just another example of fiat money”. дальше »
2020-6-20 08:15
As the Stock Market Runs Out Of Steam, Is Bitcoin At Risk Of Seeing Major Downside?
No one likes to think that Bitcoin and the crypto market are related to the global stock market but reality seems to be different. When the pandemic was in full force around March, the entire global stock market plummeted and Bitcoin wasn’t different. дальше »
2020-6-20 23:30
Bitcoin Realized Cap Hits New All-Time High — What This Means For BTC Price
Bitcoin has just recorded the highest realized cap since the March 12 market crash. This is according to on-chain data from the data analysis platform Glassnode. The current realized cap stands at $106. дальше »
2020-6-20 20:04
Investors Are Growing Increasingly Bullish On Bitcoin Price As Only 19% Of Mined BTC Is Being Traded
The price of bitcoin has continued to consolidate within the mid-$9,000 level as the bulls and bears fail to stage a decisive move. This has muddled the clarity that some traders had regarding BTC’s short-term price as indicators imply varying trends for the king crypto. дальше »
2020-6-19 15:57
Bitcoin Price Eyes Next Big Move Following Skyrocketing Retail Interest
Data from Glassnode shows new and intriguing statistics which expounds that the number of addresses with at least 0. 1 BTC has gone up to hit 3 million within the past two years. Converted into USD, this denotes that the HODLers possess almost a thousand dollars. дальше »
2020-6-19 14:20
Hot take: People are more interested in BTC price than the Bitcoin technology
There is a common saying among cryptocurrency holders that goes something like, “I’m in it for the technology. ” But this saying is often thrown out in jest because it’s obvious that most people only care about the price of digital assets and trading them for profits. дальше »
2020-6-19 20:52
Could A Solar Flare Destroy Bitcoin As We Know It? This Bank Thinks So
Deutsche Bank has in a new report said that a Solar Flare is more menacing than the COVID-19 pandemic. At the beginning of the year, Bitcoin and other digital assets were poised to rise to record levels. дальше »
2020-6-18 11:19
Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index
Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »