Bitcoin Reaches Most “Oversold” Record Since 2020: What This Means

Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the COVID crash in early 2020.

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Bitcoin ATM decline: Over 400 machines went off the grid in under 60 days

Between December 2020 and January 2022, more than 1,000 crypto and Bitcoin ATMs were installed each month.

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Bitcoin not out of woods yet despite bounce above $20k- crypto analysts

Bitcoin’s slide this past week took the bellwether cryptocurrency to lows of $17,600, its lowest price since late 2020. But after wading through a weeklong bloodbath, Bitcoin slowed the rot and made a comeback to the $20,000 mark.

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What’s the Bitcoin Moon Target as the Bull Market Goes ‘Warm’ with the New ATH

The bull cycle that started in 2020 has eclipsed the wild rally for 2017, and the March 2020 low of $3,800 has become a blip on the Bitcoin price chart. The latest bull cycle shows monster candles, five giant ones in a row, which has pushed the price of the leading digital currency to nearly […] The post What’s the Bitcoin Moon Target as the Bull Market Goes ‘Warm’ with the New ATH first appeared on BitcoinExchangeGuide.

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Eerie Gold Fractal From 2020 Leaves Bitcoin Exposed to $27K-Retest

Bitcoin's price correction from its record high of approx $42,000 in early January appears eerily similar to that of spot gold in August 2020.

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Stacks 2.0 To Bring Dapps And DeFi To Bitcoin

The entire world is now paying attention to Bitcoin after the cryptocurrency grew in value over five times in 2020 alone. But, as positive as 2020 was for Bitcoin, 2021 may usher in a new era of possibility and value for Bitcoin.

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Market Wrap: Bitcoin Closes 2020 Near Record Highs

Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.

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Bitcoin’s 2020 In Tech

In 2020, the Bitcoin development community introduced a number of useful new features, important upgrades and notable improvements. The post Bitcoin’s 2020 In Tech appeared first on Bitcoin Magazine.

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Mining, Institutional Adoption And Community Voice Defined Bitcoin’s 2020

Bitcoin’s most critical sector, its most visible new investors and its vocal community came together to define 2020. The post Mining, Institutional Adoption And Community Voice Defined Bitcoin’s 2020 appeared first on Bitcoin Magazine.

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Ethereum Is A ‘Huge Success Story’ But is ‘Undervalued’ in Terms of Institutional Buying

Bitcoin is not the only asset that is rejoicing in greens. As a matter of fact, compared to Bitcoin’s 285% year-to-date rally, Ether recorded 455% gains in 2020. It has actually been after 18 months that ETH finally breached the $700 mark.

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Reader Survey: Bitcoin’s 2020 And 2021

We asked our community to help wrap up Bitcoin’s wild 2020 and predict what could happen in 2021. Here are the results. The post Reader Survey: Bitcoin’s 2020 And 2021 appeared first on Bitcoin Magazine.

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US Dollar Projected to Hit Cyclical Bottom in 2025—What Does It Mean for Bitcoin?

It is safe to assume that Bitcoin’s parabolic rally in 2020 has everything to do with the underperformance of its arch-nemesis, the US dollar. The charts tell the entire story. In March 2020, a 60 percent crash in the Bitcoin market coincided with an 8.

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Bitcoin’s 2020: The Rise Of Certainty

Through adoption, price increases and more, Bitcoin’s 2020 improved the certainty that bitcoin will become the global reserve asset. The post Bitcoin’s 2020: The Rise Of Certainty appeared first on Bitcoin Magazine.

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How Bitcoin Grew Even Stronger In 2020

Bitcoin’s technical developments, incoming class of noobs and (of course) the price were strong in 2020, setting up for a stronger 2021. The post How Bitcoin Grew Even Stronger In 2020 appeared first on Bitcoin Magazine.

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2020 Was The Year Bitcoin Funding Went Brrr

2020 saw an influx of sponsorship for Bitcoin’s open-source developers. But maintaining this trend in 2021 is all of our responsibility. The post 2020 Was The Year Bitcoin Funding Went Brrr appeared first on Bitcoin Magazine.

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2020 Pitted Bitcoin Against The Great Reset

As the old system began to unravel in 2020, Bitcoin further unveiled its deeper value proposition. The post 2020 Pitted Bitcoin Against The Great Reset appeared first on Bitcoin Magazine.

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Bitcoin tops $24k over the weekend as 2020 rally continues

Bitcoin surpassed the $24,000 mark on Saturday afternoon as the leading cryptocurrency appears to… The post Bitcoin tops $24k over the weekend as 2020 rally continues appeared first on Coin Journal.

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2020 made this Bitcoin narrative more relevant

Some of Bitcoin's narratives have become extremely popular over the past few months. Store of value, Digital Gold, etc. are some of them but recently, its characteristics as a hedge against inflation The post 2020 made this Bitcoin narrative more relevant appeared first on AMBCrypto.

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First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

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Bitcoin soars to $18,000, the highest yet in 2020

After reaching the $17,000 mark on 17 November, Bitcoin has now breached the $18,000 range across some major crypto-exchanges today. Whilst Bitcoin dipped by 0.7% in the last hour, BTC prices hiked byThe post Bitcoin soars to $18,000, the highest yet in 2020 appeared first on AMBCrypto.

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Could this be the catalyst fuelling the Bitcoin price rally

As Bitcoin hits newer levels and breaks past resistances, it is trading at $16300. Meanwhile, Bitcoin reserves have dropped consistently since October 2020. Down 5. 6% since October 2020 and 17.

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Bitcoin Reddit Roundup – September 2020

Every month, Bitcoin Magazine puts together a short recap of this months events as told through the best links from Bitcoin Reddit. Check out our September 2020 roundup! The post Bitcoin Reddit Roundup – September 2020 appeared first on Bitcoin Magazine.

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2020 so far: How has Bitcoin's price fared?

Volatility is a given in the Bitcoin market, but nowadays, it's a given in every market. Let's face it - 2020 hasn't been a good year for a lot of things, least of all the financial markets. With stocThe post 2020 so far: How has Bitcoin's price fared? appeared first on AMBCrypto.

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2020's Big Bitcoin Long - A winning formula?

MicroStrategy made a huge splash when it chose Bitcoin as its Primary Treasury Reserve Asset, a move, the implications of which, are yet to sink in among many in the crypto-community. In fact, MicroStThe post 2020's Big Bitcoin Long - A winning formula? appeared first on AMBCrypto.

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This Bitcoin metric predicts 2017's bull run for 2020

Bitcoin's recovery in the market has been slow but it has been witnessing escalating interest from users. As traders look at the low price of BTC as a perfect opportunity to hold, some old metrics havThe post This Bitcoin metric predicts 2017's bull run for 2020 appeared first on AMBCrypto.

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Stop Comparing 2020 Crypto Rally with 2017; This is Different and Sustainable

The bull market of 2020 is not about bitcoin, but DeFi.  Last month Bitcoin recorded less than 5% positive returns and is up 62. 6% YTD while Ether jumped 255% this year and 29% in August. Top cryptos failed to do much, some even went negative.

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Nasdaq-listed Billion Dollar Software Firm Reveals its Plan to Invest in Bitcoin in its Search for Yield & to Hedge Dollar Weakness

MicroStrategy, a business intelligence, mobile software, and cloud-based services provider, is planning to make an investment in bitcoin and other digital assets, as per the Q2 2020 Earnings Call of the company held on Jul 28, 2020.

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Square Raked in $875 Million in Bitcoin Revenue During Q2 2020

In an early release of it’s most recent shareholder report, fintech giant Square announced that it did $875 million in Bitcoin revenue during the second quarter of 2020. This figure was primarily driven by its Cash App, which enables users to buy and sell Bitcoin.

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Jack Dorsey’s Square Rides the Bullish Bitcoin Wave, Delivers Increased BTC Revenue for Q2 2020

Square reported $875 million in revenue from Bitcoin through Cash App in Q2 2020. This is 3x the revenue from Q1 2020 and 25x since Q1 2018 when the Bitcoin trades feature first went live on the mobile payment service, Cash App.

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On-Chain Analyst: Bitcoin’s Next True Bull Trend May Not Start Until Q4 2020

Bitcoin’s price is currently flashing signs of immense strength as it navigates up towards the resistance found within the mid-$11,000 region. The slight uptrend seen today that came about after it dipped to lows of $10,800 has allowed it to push against its 2020 highs of $11,400, and it does appear that further upside is […]

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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

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Not a trader? Here are 5 other ways to earn Bitcoin (BTC) in 2020

The world of Bitcoin trading is equal parts alluring and intimidating.

The post Not a trader? Here are 5 other ways to earn Bitcoin (BTC) in 2020 appeared first on CryptoSlate.

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Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion

Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it […] The post Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion appeared first on Bitcoin News.

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Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […]

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Bitcoin may enter Q3 2020 with a trend reversal

In 10 days, the digital asset industry is bidding its farewell to Q2 2020 and, after a disastrous Q1, Q2 was fairly positive. According to Skew charts, Bitcoin is on its way to register approximately The post Bitcoin may enter Q3 2020 with a trend reversal appeared first on AMBCrypto.

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Bitcoin’s Hash Rate Drops to Lowest Level in 2020

Bitcoin’s hash rate has continued to plummet weeks after its third halving, now at its lowest level thus far in 2020. Although Bitcoin’s hashrate temporarily peaked before the halving, it seems that any miners are now getting priced out.

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Cryptocurrency News Roundup for May 7, 2020

Bitcoin made it into five-figures for the first time since Feb 2020 in the wee hours on Friday. At its intraday peak of $10,071, Bitcoin recorded a nearly 7% spike on the 24-hour scale, most of it coming in the latter half of Thursday (UTC).

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Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears

On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors.

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Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO

Bitcoin has been named the asset with the highest year-to-date growth in 2020 according to figures released by Pantera Capital. This puts it ahead of assets like gold, oil, and real estate. Bitcoin enthusiasts have often touted that BTC is the next big investment tool to be used globally, favoring it over traditional investments like […] The post Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO appeared first on BeInCrypto.

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Cryptocurrency News Roundup for April 29, 2020

Bitcoin bulls are having quite the field day after the benchmark cryptocurrency soared nearly 20% on the 24-hour scale and is currently hovering just under $9,200. That’s significant considering there are only 12 days to go until the much-awaited Bitcoin halving 2020.

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Bitcoin is the strongest performing major asset of 2020 and the past decade

There’s no question that 2020 has been a volatile year for Bitcoin, with the relatively small and immature crypto market incurring some significant turbulence alongside that seen by virtually all traditional markets.

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There’s Only A 4% Chance Bitcoin Sets A New All-Time High In 2020

The probability of bitcoin hitting a new all-time high of more than $20,000 by the end of 2020 is a mere 4%. This is according to data relayed by analytics firm Skew, which monitors the bitcoin (BTC) options market.

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Red Alert: Crypto Market Lost $136B in Past Month, LINK Drops to $0.0001 & XRP to 2020 Lowest

In a sudden and violent crash in the price of bitcoin wiped out all the profits that the world's leading cryptocurrency made in 2020 so far. From above 10,500, the 2020 peak Bitcoin reached on February 13, today, we fell as low as $5,720.

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Bitcoin (BTC) Meets Black Swan Undervalued But Can Close 2020 at $6,400: Analyst

Charlie Edwards, digital assets manager and head of Capriole Investments, analyzed Bitcoin's (BTC) behavior in roaring 2020. Does it behave similarly to stocks and fiat?

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Bitcoin's rally in 2020 was organic and far from any manipulation

Bitcoin made its presence known in 2020 in the best way possible. After sustaining a grueling bearish period over the 2nd half of 2019, Bitcoin's price spiked from the get-go, rising by over 50 perThe post Bitcoin's rally in 2020 was organic and far from any manipulation appeared first on AMBCrypto.

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Welcome to Bitcoin 2020!

Bitcoin Magazine is the proud host of the Bitcoin 2020 conference being held in San Francisco on March 27th and 28th, 2020. Welcome to Bitcoin 2020, a one-of-a-kind festival celebrating the dawn of a new technological paradigm and the counterculture behind it.

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Probability of Bitcoin crossing $14k by June 2020 rises to 16%

Minor alternation in HD if needed: Bitcoin's probability to surpass $14k by June 2020 increases to 16% despite price fall The tussle between retail and institutional investors in Bitcoin Futures waThe post Probability of Bitcoin crossing $14k by June 2020 rises to 16% appeared first on AMBCrypto.

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Bitcoin's golden cross changes everything for the 2020 rally

Bitcoin's stay under $10,000 was short-lived as it picked up momentum on 17th Feb. The valuation witnessed a 6.07 percent surge, and Bitcoin re-entered the $10,000 range. Over the past 24 hours, BTC rThe post Bitcoin's golden cross changes everything for the 2020 rally appeared first on AMBCrypto.

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What Can You Buy With Bitcoin in 2020?

Even if you haven’t paid attention to every Bitcoin news story, then you can’t have missed that several major brands have now warmed to the idea of using the cryptocurrency. From AT&T and VThe post What Can You Buy With Bitcoin in 2020? appeared first on AMBCrypto.

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