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Grayscale’s $1.5 Billion GBTC Unlock Nears – Why Analysts Are Predicting An Unfavorable Impact On Bitcoin Price

Bitcoin leads calmly this weekend tightly ranging between $33,000 and $34,500 ahead of this week’s unlocking of Grayscale Bitcoin Trust (GBTC) shares. The tight squeeze is closely linked to uncertainty by most investors who prefer not to take a side until the activity is concluded, a usual phenomenon with markets. Most Altcoins have also maintained […] дальше »

2021-7-13 18:47


ETH Ready for Bitcoin-like Price Discovery with New ATH; Blockchain Activity Goes Parabolic

ETH is the one in the limelight this week as the digital currency went even closer to its all-time high. Going as high as $1,389, as of writing, Ether is now just a few dollars away from its 2017 peak of $1,420 and going on a price discovery journey like Bitcoin that saw the leading cryptocurrency […] The post ETH Ready for Bitcoin-like Price Discovery with New ATH; Blockchain Activity Goes Parabolic first appeared on BitcoinExchangeGuide. дальше »

2021-1-19 16:34


Bitcoin Recovers from Overnight Plunge, But It’s in a “Dangerous” Position

Bitcoin saw some wild overnight volatility that came about after a flurry of selling activity liquidated long positions and sent its price reeling lower This selloff was quite intense and caused the aggregated market to face some immense selling pressure that is showing no signs of letting up One analyst explained that where the market trends next will undoubtedly depend largely on the derivatives market He notes that funding rates are still quite high and […] дальше »

2021-1-5 21:00