Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked

Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell their BTC holdings. дальше »

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Bitcoin Chases JP Morgan to Top World Bank

On Nov 20, 2020, the market cap of Bitcoin rose above the market cap of JP Morgan Chase, the world’s largest public bank. Though it dropped back to number two on Nov 21, BTC’s quiet rise has enraptured the financial world. дальше »

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'Endogenous factors' differentiate Bitcoin's rally from 2017's

2020 was a much-anticipated year for most of the crypto-community, with many expecting Bitcoin, and by extension, the larger crypto-market, to move significantly on the back of BTC's halving in May 20The post 'Endogenous factors' differentiate Bitcoin's rally from 2017's appeared first on AMBCrypto. дальше »

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Price analysis 11/20: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV

Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.

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Analysts Expect Bitcoin to Continue Rally After Recovering to $18k

Bitcoin faced a strong drop two evenings ago when it fell from $18,500 to $17,500 in the span of minutes. But true to the volatility of the market, the cryptocurrency has quickly bounced back. As of this article’s writing, the price of BTC sits slightly above the key $18,000 resistance, though was as high as […] дальше »

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Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run

Today, BTC is tracing back the recent gains, going to the $17,400 level. A pullback has long been expected as Bitcoin has been surging since early October when the price was around $10,500. For the last six weeks, the digital asset has been printed green candles, and this week, we might finally end up seeing some […] The post Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run first appeared on BitcoinExchangeGuide. дальше »

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Monero, Ontology, DigiByte Price Analysis: 19 November

Bitcoin's brief breach of $18,000 and its sustained consolidation above $17,000 has renewed the bullishness in the market, with many of the industry's alts climbing on the charts on the back of BTC's The post Monero, Ontology, DigiByte Price Analysis: 19 November appeared first on AMBCrypto. дальше »

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Bulls In Control: Total Bitcoin Market Cap Achieves New All-Time High

Bitcoin still has some room to climb before setting a new all-time high in the price per BTC. However, the current market cap of Bitcoin is now currently larger and more valuable than it was back when the cryptocurrency traded higher. дальше »

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China’s State Media on BTC’s ‘Institutional-Driven’ Bull Run; Ecosystem Improved Dramatically Compared to 2017

Bitcoin has enjoyed gains of 31% in November while being up more than 67% this quarter, making it the 18th largest asset in the world by market capitalization. After breaking $16k, $17k, and $18k this week, today, we are keeping around the $18,000 level on the back of a $6 billion trading volume. дальше »

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Analysts Expect Bitcoin to Rally to $19,000 Next Despite Spike in Funding

For the first time in weeks, Bitcoin saw a massive selloff yesterday evening that caused its price to reel to lows of $17,400 These lows came just over an hour after the cryptocurrency hit highs of $18,600, with this marking a fresh post-2017 high Where the entire market trends in the near-term will depend largely on how Bitcoin continues trading in the time following this selloff Bulls were able to push BTC back above $18,000 […] дальше »

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$20,000 Bitcoin Is The Primary Hurdle Toward $1 Trillion Market Cap: Bloomberg Analyst

Bitcoin incurred a minor pullback over the weekend after it dropped below $16,000. The BTC/USD pair has subsequently recovered and continued to push forward on Monday after bouncing back above $16,000. дальше »

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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

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This On-Chain Metric Suggests Bitcoin is “Vulnerable” to Seeing Major Downside

Bitcoin has faced some intense buying pressure throughout the past few hours, allowing its price to see some immense gains. This upside comes as Ethereum and the rest of the altcoin market all consolidate, with attention shifting back towards BTC. дальше »

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Bitcoin Finally Hits the Sweet $16,000; BTC Price of $20k Is Inevitable

Bitcoin is back on the move! Today, BTC finally hit $16,000 for the first time since January 8, 2018. “Big green candle. 16k breached. 20k is inevitable,” as tweeted by Samson Mow, CSO of Blockstream is the market's current mood. дальше »

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Sat Stacking Rewards Program, Lolli, Partners with Kroger to Allow Users to Earn Bitcoin Back on Groceries

Lolli users can now earn Bitcoin back on groceries at America’s largest grocery chain and the second-largest general retailer after Walmart. It allows its users to earn up to 1. 5% BTC back on grocery orders for pickup or delivery. дальше »

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Bitcoin rebounds after flopping on Pfizer vaccine news

BTC price still strong despite pullback to $14,800 lows Bitcoin price is back above...

The post Bitcoin rebounds after flopping on Pfizer vaccine news appeared first on Coin Journal.

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Analyst Who Predicted Bitcoin’s V-Shaped Reversal Explains Why BTC Is Bullish

Few expected Bitcoin to bounce back after the crash in March. The cryptocurrency had basically halved within a single 24-hour time frame, leaving many convinced that the asset’s life span was over. дальше »

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TA: Bitcoin Struggles Near $15.6K, How 100 SMA Could Trigger An Upside

Bitcoin price started a fresh increase from the $14,380 swing low against the US Dollar. BTC is back above the 100 hourly SMA, but it must surpass $15,600 for more upsides in the near term. Bitcoin started a strong upward move after trading as low as $14,380. дальше »

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Altcoins & DeFi Back in the Game as Bitcoin Consolidates

After having a run-up of over 20% this week, Bitcoin is taking a breather. On Thursday, the leading digital asset went to nearly $16,000 after starting the month just above $13,000. This started in October when BTC traded around $10,000 and got into action towards the end of the month. дальше »

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Traders are Using the Most Leverage Ever as Bitcoin Nears Key Resistance

Bitcoin is trading around the level it has been at for the past couple of weeks Bulls are vying to break above $13,800, but the resistance here is rather significant and is showing few signs of degrading BTC has now made multiple bids to break above $14,000, but each one has resulted in it seeing strong inflows of selling pressure that send it back down to the mid-$13,000 region There’s a good chance that Bitcoin […] дальше »

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OCEAN Falls Back to Support and Shows Strength

The Ocean Protocol (OCEAN) price is in the process of validating an important area as support. As long as the price is trading above this level, the trend is considered bullish. On the contrary, the OCEAN/BTC pair looks bearish unless it can break out above a descending resistance line that’s been holding it back. дальше »

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Bitcoin Creates Another Double Top Paired with Bearish Divergence

On Nov 3, Bitcoin (BTC) increased significantly to reach another high above $14,000. However, the higher prices could not be sustained and the price dropped back shortly afterward. BTC is expected to eventually break down from the parallel channel it’s currently trading in. дальше »

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TA: Bitcoin Holds Strong, Why 100 SMA Could Trigger Solid Gains Above $14K

Bitcoin price remained well bid above $13,300 and started a fresh increase against the US Dollar. BTC is back above $13,700 and it is likely to continue higher in the near term. Bitcoin started a fresh upward move after it found a strong support near $13,300. дальше »

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Bitcoin Reclaims $14K as Whale Moves Close to $1 Billion in BTC

The bulls have wrestled back control in the cryptocurrency market, with the bitcoin price having reclaimed the $14,000 threshold, a level it hasn’t seen since Oct. 31. The momentum in the cryptocurrency market was building throughout the day, and bitcoin didn’t disappoint. дальше »

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Bitcoin price returns to $14k for the first time since January 2018

Ever since the largest crypto bull run in history, when Bitcoin climbed up to $20,000, the coin has been struggling to go back to these levels. So far, this has not yet happened. However, BTC made a major move in the right direction earlier today, when its price suddenly surged, attempting to breach the $14k barrier. дальше »

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Binance Funding Remains Negative, Providing Rocket Fuel for Bitcoin

Bitcoin’s short-term trend has grown somewhat unclear as of late, with the cryptocurrency being unable to extend its momentum past $13,800 This level has historical significance, as it is where BTC’s uptrend stalled back in the summer of 2019 when it rallied The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement Despite it now consolidating at just above $13,000 as bulls and bears reach an […] дальше »

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Bitcoin at $13K: Gauging impact of expiry of 62k BTC options

The Bitcoin market after moving to its yearly-high of $13,864 had fallen under $13k on 28 October and has since bounced back. As Bitcoin traded at $13.2k, at press time, the outcome from the approachiThe post Bitcoin at $13K: Gauging impact of expiry of 62k BTC options appeared first on AMBCrypto. дальше »

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Yearn.finance (YFI) now back at price parity with Bitcoin after spiking to $44k

Shortly after Yearn. finance’s YFI coin launched in July, changing the Ethereum DeFi world forever, the pseudonymous Crypto Twitter personality “Blue Kirby” began to popularize the “1 YFI = 1 BTC” meme. дальше »

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Crypto Market Forecast: W/C 26th October 2020

A curated weekly summary of forward-focused crypto news that matters. This week - Bitcoin on a roar as Paypal announces crypto transactions, more institutional investors back BTC for the long term, no end in sight to OKEx exchange withdrawal ban. дальше »

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Bitcoin (BTC) balance on exchanges drops to two-year lows

Bitcoin (BTC) supply held by major exchanges has fallen to lows that were not seen for the past two years. The last time that BTC balance on major trading platforms was this low was back in 2018, according to data collected on October 20th. дальше »

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Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions

Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of $360 million in BTC short positions were liquidated throughout the course of […] дальше »

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Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1 2021

The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But while altcoins had regained some lost ground against the most dominant cryptocurrency, BTC dominance has potentially reversed, and if closes […] дальше »

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Bitcoin Shoots Towards $12,000 as Capital Flows Back Into BTC

Bitcoin bulls are back after weeks of consolidation. The leading cryptocurrency thrust higher towards $12,000 on Tuesday morning. The coin now trades just shy of that crucial price resistance at $11,970. дальше »

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TA: Bitcoin Bulls Back In Driver’s Seat, More Upsides Above $12K Likely

Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar. BTC is now struggling near $11,800, but it is likely to continue higher. Bitcoin is gaining momentum, and it broke the $11,500 and $11,560 resistance levels. дальше »

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Ripple CEO Suggests Chinese President Xi Jinping Could Roll Back Bitcoin

Ripple CEO Brad Garlinghouse claims China could reorganize the Bitcoin blockchain if its leader were to lose a lot of BTC дальше »

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Bitcoin News Roundup for Oct. 19, 2020

With BTC transaction activity slowing and Filecoin miners striking, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

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Mt. Gox Rehabilitation Plan Deadline Postponed, Yet Again, for Two Months

It’s been over six years, and Mt. Gox creditors are still not any closer to getting their BTC back. In the Tokyo District Court's latest announcement, the rehabilitation plan deadline has been postponed, yet again, from Oct. дальше »

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Historically Accurate Analyst Thinks Ethereum Will Slide Lower

Ethereum has strongly outperformed Bitcoin over the past few months. The leading altcoin has pushed higher on the back of an influx of buying demand due to trends in the decentralized finance space, along with investors realizing that it was relatively undervalued to BTC. дальше »

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Bitcoin Price Is In A Tricky Situation, But The Network Has Never Been This Busy

The market is in the mix again. Bitcoin has slid down under $11,300 after a strong performance at the beginning of the week. In tandem with BTC, altcoins also went down with Ether back at $370. The market was eagerly awaiting the Chinese President’s speech Wednesday, on Shenzhen's 40th anniversary. дальше »

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Ripple CTO David Schwartz Regrets Dumping Massive Trove Of Ethereum, BTC, And XRP In 2012

The Chief Technology Officer at San Francisco-based blockchain firm Ripple, David Schwartz, is kicking himself. Schwartz sold significant amounts of ethereum, BTC, and XRP back in 2012. All told, he would have made a couple of million bucks if he held on to his assets to date. It all started when a Twitter user by […] дальше »

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Bitcoin News Roundup for Oct. 13, 2020

With BTC on its longest winning streak in more than a year and governments around the world working to craft a global CBDC framework, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

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Bitcoin Whale Movement Signifies ‘Beginning of Another Bull Run;’ NVT Ratio Giving ‘Very Bullish Signs’

In a positive start of the week, Bitcoin's price went past $11,700, last seen 40 days back in early September, right before we crashed below $10,000. At the time of writing, BTC/USD has been trading above $11,500 in the green with $1. дальше »

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Bitcoin News Roundup for Oct. 12, 2020

With BTC back above $11K and China giving away its new digital currency, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

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Chainlink, STEEM, Enjin Price Analysis: 10 October

Bitcoin surged past the $11,200-level recently, with the world's largest cryptocurrency trading at $11,409, at press time. BTC's price performance was good news since it came on the back of the FCA's The post Chainlink, STEEM, Enjin Price Analysis: 10 October appeared first on AMBCrypto. дальше »

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$12K Bitcoin price back on the table after BTC rallies above $11.4K

Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support.

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Bitcoin’s Rally Could Accelerate Towards $12,000 if It Breaks Crucial Level

Bitcoin’s price has finally broken back above $11,000 after a prolonged period of consolidation around $10,700 This move marks an extension of the momentum that was incurred following news of Square’s plan to purchase $50 million worth of BTC. дальше »

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Square’s Bitcoin Investment Made $2 Million Over The Last 24 Hours

Bitcoin price blasted back above $11,000 in response to yesterday’s news that the Jack Dorsey-led Square Inc. had purchased 4,709 BTC to add to company reserves. Since the news broke about the payment firm’s innovative corporate investment – a growing trend now – the cryptocurrency has risen 4%, adding an enormous sum in ROI to […] дальше »

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Bitcoin News Roundup for Oct. 9, 2020

With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

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Bitcoin Back Above $11,000, in ‘Strong Negative’ Correlation with US Dollar

And BTC is back! Markets have been trading cautiously, with small-cap cryptocurrencies underperforming the large-cap ones and the DeFi sector bleeding, with Curve (CRV) being the most notable one thanks to its -99% decline since hitting the peak in early September. дальше »

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Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery. дальше »

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