On-Chain Data Shows Bitcoin Whales Hold Fort Despite Recent Dips

On-chain data shows Bitcoin whales haven’t budged despite the recent dips, and are rather continuing to accumulate more. Whales Continue To Accumulate More Bitcoin As pointed out by a CryptoQuant post, the Bitcoin sum coin age (SCA) indicator has been going up, showing long-term holders are continuing to accumulate.

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Ethereum: Why 'we still haven’t seen anything yet'

Ethereum, the second-largest cryptocurrency, has been actively forging a new path as it loses correlation from Bitcoin. This has resulted in the value of Ether limiting the intensity of dumps witnesseThe post Ethereum: Why 'we still haven’t seen anything yet' appeared first on AMBCrypto.

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Trading Platforms: A Safe Haven For Novice Crypto Traders

Since the beginning of this year, Bitcoin, the world’s most popular cryptocurrency has been making striking headlines. Its value has been on a rocky rollercoaster rise, registering dizzying fluctuations.

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A Great Tailwind for Bitcoin, Ether, and Crypto: A Gargantuan Amount of Money Is Wanting In

It is one of the largest groups of players, which involves boomers with a huge sum of money who haven’t joined crypto yet and are now showing “massive” interest. The post A Great Tailwind for Bitcoin, Ether, and Crypto: A Gargantuan Amount of Money Is Wanting In first appeared on BitcoinExchangeGuide.

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Why Bitcoin And Crypto Bulls Require More Patience

According to this pseudonymous analyst, the second leg of the bull market is still far ahead. And we’ll all need patience to get there. Using the Sentient Trader technical analysis software, Charting Cycles predicts that we’re still at least a couple of months away from the end of the… cycle. We haven’t put the 18 […]

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Why These Four Altcoins Are This Month’s Most Promising

Just like Bitcoin, altcoins haven’t been in the greenest state. In fact, while Bitcoin is recording promising price rebounds, many altcoins are still struggling to recover from the May crash. So far, while some altcoins didn’t lose as much during the bloodbath, others shaved off a massive amount, and are recently showing signs of recovery. […]

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Ethereum Sentiment Drops Against Bitcoin on Twitter as BTC Is Viewed as Safe Haven: Santiment

Analytics data provided by Santiment shows that currently Bitcoin dominance is growing, eating away at that of Ethereum

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Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets last year

Back in 2009, when Bitcoin (BTC/USD) was launched, the idea behind it was that it should work as a safe haven for people when the traditional economy starts failing them. After all, BTC was created due to a financial crisis, with its creator, Satoshi Nakamoto, wanting to take the power away from the banks due […] The post Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets last year appeared first on Invezz.

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Summing Up The JP Morgan Report On Bitcoin In El Salvador

It’s been only a couple of days since Bitcoin was declared legal tender in El Salvador. The decision has been controversial. Most of the crypto community has shown support for the new law, but traditional media and financial institutions haven’t been equally receptive.

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JPMorgan CEO Says Stay Away from Bitcoin

JPMorgan CEO Jamie Dimon says his views on Bitcoin haven't changed much

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Bitcoin Usage Continues To Accelerate In Argentina

The country is a haven for the digital asset as it embraces the revolution of independent money.

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Norwegian Billionaire: Bitcoin Becoming Mainstream Is Inevitable — Elon Musk’s Comments ‘Haven’t Changed Anything’

Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have not changed anything.

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Coins Are Moving: Bitcoin Sent To Exchanges Spikes To 2021 High

Bitcoin is back below $50,000 and fear is in the air. The historic bull market is now in jeopardy, even though holders thus far haven’t been willing to part with their coins. They might be faced with the difficult decision of doing so as prices dip lower and have to consider selling. The selloff has […]

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XRP, VeChain, Enjin Price Analysis: 09 April

As has been the case for most of April, the market's altcoins haven't exactly corresponded to the movements of Bitcoin, the world's largest cryptocurrency. While the latter has struggled to impose itsThe post XRP, VeChain, Enjin Price Analysis: 09 April appeared first on AMBCrypto.

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Goldman Sachs and Cryptocurrencies: From Hate to Love

For most of 2020 and all of 2021, Goldman Sachs representatives haven’t missed out on any opportunity to speak out about the crypto industry. And the comments are not always positive. For example, at the end of February 2021, bitcoin was severely criticized by representatives of the bank.

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Former SEC Chairman, Jay Clayton Joins Bitcoin & Ether Investor One River as an Advisor

“The real institutional flows haven’t even started yet,” says the Fund CEO as they hire economists as well. The post Former SEC Chairman, Jay Clayton Joins Bitcoin & Ether Investor One River as an Advisor first appeared on BitcoinExchangeGuide.

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CBOE Now Wants Back In, CEO says ‘Haven’t Given Up’ on Bitcoin Futures & We ‘Need’ to be Here

There has been a “lot of demand from retail and institutions” that the crypto space has been seeing lately The post CBOE Now Wants Back In, CEO says ‘Haven’t Given Up’ on Bitcoin Futures & We ‘Need’ to be Here first appeared on BitcoinExchangeGuide.

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Bitcoin’s Correlation to the Stock Market Continues to Fall: A Bullish Sign?

As decentralized digital assets, Bitcoin and the crypto market at large has often been regarded as an isolated bubble or safe haven from the traditional stock market. But as an asset class, cryptos have always been fundamentally tied to equities, closely tracing price levels of major indices.

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How Bitcoin Can Solve A Global Economic Conundrum

If bitcoin can fulfill economic demand for savings, it will free people from the problems with government-issued safe haven assets.

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With Bitcoin-To-Bank Sandbox, Colombia Will Become BTC Haven

With its “LaArenera” program, Colombia is embracing the integration of bitcoin with its regulated financial institutions.

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Bill Gates Fears Bitcoin: Is Crypto The Exclusive Rights Of The Rich?

The Bitcoin realm is a safe haven for many investors, offering returns of more than 400% in the last twelve months. Investors and policymakers who were not fans of the digital currency are now investing in the digital world, not minding the volatility of the industry regardless of the fortunes associated with it. The most […]

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The current Bitcoin bull run is different; here's why!

Bitcoin's price has gone past multiple ATHs over the past two months, with its ATH of $58,640 being the latest one. However, the last 7 days haven't been the best of times for the world's largest crypThe post The current Bitcoin bull run is different; here's why! appeared first on AMBCrypto.

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Crypto Vs Oil: What Should We Expect in 2021?

While investors turned to traditional assets like gold and oil as a safe haven for their investment, bitcoin (BTC) became a popular hedging conversation clinching new all-time highs, in the last quarter of 2020.

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67% of Millennials Believe Bitcoin Is A Superior Safe Haven Compared to Gold

Millennials believe that Bitcoin is a better safe-haven than gold. Despite its increased adoption, Bitcoin has experienced several social problems in its continued rise to prominence. The post 67% of Millennials Believe Bitcoin Is A Superior Safe Haven Compared to Gold first appeared on BitcoinExchangeGuide.

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Stocks Don’t Truly Discover Price, Bitcoin Fixes This

Stocks haven't been allowed to legitimately discover price for many reasons. But with Bitcoin, we unlock a new money valuation paradigm. The post Stocks Don’t Truly Discover Price, Bitcoin Fixes This appeared first on Bitcoin Magazine.

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Bitcoin Cash, Tron, Cosmos Price Analysis: 25 December

The last few days haven't been great for most of the crypto-market, with many of the industry's altcoins seeing red on the charts, having failed to build on the impetus provided by Bitcoin's price movThe post Bitcoin Cash, Tron, Cosmos Price Analysis: 25 December appeared first on AMBCrypto.

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Bitcoin Skeptics Busy Talking About Bananas, 2018 Bear Market & Missing Price Discovery

Despite the price of Bitcoin jumping more than 220% this year, billionaire Mark Cuban still isn’t interested in the leading cryptocurrency. “My thoughts haven’t changed,” Cuban told Forbes a week before Bitcoin surged past an all-time high of $20,000 to hit a record $23,800 on Wednesday, in a story that was published Thursday.

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Chinese Media: Bitcoin Bull Run Could Be Bearish for Gold and Precious Metals

Chinese state media are predicting further declines for gold and the precious market in general amid a possible parabolic advance for Bitcoin (BTC). Indeed, several market analyses show an increasing pivot away from traditional haven assets like gold towards BTC as investors look to capitalize on the top-ranked crypto by market capitalization reaching new heights.

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JP Morgan believes that crypto adoption by institutional investors is just beginning

Bloomberg recently shared the opinion of JPMorgan analyst Nikolaos Panigirtzoglou, who said Bitcoin would attract even more investment as a safe haven asset. In a recent report, a financial holding analyst claimed that financial institutions and wealthy people are starting to pay more attention to Bitcoin and buy the asset.

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Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered

A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin.

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Lane Generational: Bitcoin Is a ‘Real, Investable’ Asset

Calling the Top Speaking with Fox Business on Dec 11, 2020, Lane Generational CEO Fred Lane discussed the outlook of the markets, going so far as to call Bitcoin a  “safe haven. ” With stock futures underperforming, Lane was not surprised.

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deVere Bitcoin Survey: Two-Thirds Of Millennials Prefer Digital Gold

A new survey from one of the world’s leading financial advisory firms, advising on over $10 billion in client capital, claims that two-thirds of its millennial customers far prefer Bitcoin over precious metals as the ideal safe haven asset.

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Self-Proclaimed Contrarian Investor Bashes Bitcoin Digital Gold Narrative

Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset, and digital gold narratives. The digital gold story has taken center stage recently, as the precious metal’s bullish momentum fizzled out and the cryptocurrency market took off.

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4 Charts Showing Why Bitcoin Is an Alternative Risk Asset

Who said "safe haven"? Bitcoin's unique performance and risk profile make it a different type of investment animal.

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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

This year has undeniably turned out to be bitcoin’s year. Despite the coronavirus pandemonium, no asset class has served as a better hedge against inflation, an ideal safe haven than bitcoin. Moreover, the flagship cryptocurrency is the top-performing asset in terms of returns after bouncing back from the March coronavirus-induced crash.  One analyst is noting […]

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FOMO Begins: Bitcoin Adoption Explodes To Highest Level Since Previous Parabolic Peak

2020 was undeniably the year of Bitcoin. No financial assets have acted as a better safe haven, insurance policy, protection against inflation, and more – all while being the top-performing mainstream investment asset in terms of ROI.

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Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin

The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […]

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Run to All-Time Highs is “Not Out of the Question” Despite Bitcoin Plunge

Bitcoin has seen heightened volatility this morning, likely due to that seen within the global markets. Stocks are rallying today, while precious metals and so-called “safe haven assets” all plunge due to positive vaccine news.

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Can Bitcoin sway gold's investors in its favor?

Bitcoin’s recent move above $13.5k has flipped the “Bitcoin Gold Narrative”. From Bitcoin as a store of value, the narrative has moved to Bitcoin as a safe haven. The primary reason why gold is The post Can Bitcoin sway gold's investors in its favor? appeared first on AMBCrypto.

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Willy Woo: Signs that BTC is decoupling supports its 'safe haven' status

Bitcoin’s decoupling from stocks began within days of its NVT price hitting an all-time high, according to Willy Woo.

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BlackRock Downgrades US Treasuries; What It Means for Bitcoin?

BlackRock downgraded its ratings of the US Treasuries even as the government debt emerged as a haven during this week's stock market sell-off.

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Yes, Bitcoin accumulation will get difficult, but it won't be a bad thing

Bitcoin's identity is myriad; it is a store of value, uncorrelated asset, safe haven, etc. For each of these terms, there is a story and reason behind it. For now, let's focus on it being an uncorrelaThe post Yes, Bitcoin accumulation will get difficult, but it won't be a bad thing appeared first on AMBCrypto.

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Why these evolving narratives of Bitcoin matter

Bitcoin's narrative has been changing since its inception. From being an experiment, a darknet currency, collectible, safe haven, uncorrelated asset, etc bitcoin has been given different names to suitThe post Why these evolving narratives of Bitcoin matter appeared first on AMBCrypto.

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Market is proving Bitcoin is ‘ultimate safe haven’ — Anthony Pompliano

Bitcoin has zero correlation to stocks once more and critics were wrong to doubt its safe-haven status, says the Morgan Creek Digital co-founder.

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Bitcoin Is Sure Winning The Battle Of The Safe Havens As Another Publicly Traded Company Invests $115M In BTC

The king of cryptocurrencies is seemingly winning as a safe haven asset that sucks in capital during times of financial and economic uncertainty. While the price of bitcoin continues to struggle for upward momentum, it has continued to attract the interest of multi-billion-dollar corporations.

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Bitcoin Once Again Proves It’s a Risk Asset, Not a Safe Haven

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Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U. S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation.

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Bitcoin and Gold “Miners Multiple” Points To Drastically Different Price Peaks

Throughout history, the story has always been about silver and gold. But since Bitcoin was born, gold now has to compete with a better-built, digital counterpart. The arms race for the fastest-growing safe haven asset is on, and currently, Bitcoin is in the lead despite such an enormous head start by the precious metal.

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Here’s What Analysts Are Saying About Bitcoin As It Plunges 16%

Bitcoin continued its tumbling on Wednesday under the pressure of a rising US dollar. Safest Haven Returns The cryptocurrency plunged by up to 1.43 percent to hit an intraday low at circa $10,389. Its latest move downside came as a part of a larger bearish correction that began when BTC/USD had formed a year-to-date top […]

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