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Nothing Is Better Than Bitcoin, Morgan Creek’s Anthony Pompliano Proclaims
On Friday, the bitcoin price finally managed to push above $11,000 for the first time in almost three weeks boosted by the news of payments giant Square — with Twitter’s Jack Dorsey at the helm — purchasing over 4,000 BTC, subsequently putting 1% of its treasury assets into bitcoin. After strongly holding above the $11K […] дальше »
2020-10-11 23:12
Over Half A Million Bitcoins Currently Held On Corporate Balance Sheets
Bitcoin has continued to gain acceptance from the mainstream corporate environment. After several years of criticism, Bitcoin is going mainstream with many corporate organizations buying the asset. дальше »
2020-10-10 19:01
Bitcoin Just Broke Its Downtrend as Analysts Eye Extension of Momentum
Bitcoin’s price action throughout the past 24 hours has been overwhelmingly bullish Following a prolonged period of range-bound trading between $10,200 and $11,200, the benchmark cryptocurrency was finally able to buck this trend and rally up to $11,400 Its ascent has been slowing as it pushes further into the $11,000 region, but it still remains overwhelmingly strong at the moment Analysts are now noting that this latest move higher broke the cryptocurrency’s multi-week downtrend This […] дальше »
2020-10-10 19:00
MicroStrategy CEO On Why Bitcoin Will Ultimately Outperform Gold
MicroStrategy, the billion-dollar business intelligence company, made a bold bet on Bitcoin when they recently decided to transfer a large portion of their cash reserve to Bitcoin. They poured $425 million into Bitcoin as a hedge against inflation and a future failing dollar and have become known for their bullish bitcoin beliefs. The company’s CEO […] дальше »
2020-10-10 18:40
A “Tsunami” Of Institutional Investors Is Coming Following Square’s $50 Million Investment In Bitcoin, Tyler Winklevoss Predicts
On October 8, Jack Dorsey’s Square Inc. announced that it had purchased approximately 4,709 BTC worth $50 million. Square even explained in detail how they bought the bitcoins over-the-counter via a liquidity provider that services CashApp in a bid to help others who might want to do the same. The firm cited: “We negotiated a […] дальше »
2020-10-10 14:32
The Number of Bitcoin Whales Is Soaring—and That’s Good For BTC
Bitcoin’s price has been on a clear uptrend since the lows of March at $3,500. Data shows that despite the growing cost, the number of BTC whales (entities holding more than 1,000 coins) has increased. дальше »
2020-10-11 10:00
3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Bitcoin has surged higher over the past 48 hours due to positive fundamental trends. The cryptocurrency, which traded as low as $10,400 just a week ago, now trades for $11,400. Less than a few hours ago, the coin was trading just shy of $11,500. дальше »
2020-10-10 07:27
This Macro Market Cycle Analysis Shows Bitcoin Will Soon Resume Uptrend
Bitcoin has consolidated in a tight $1,000 range since the start of September, at least until recently. The leading crypto-asset is in the midst of a breakout that has brought it as high as $11,500. дальше »
2020-10-10 07:00
Bitcoin Surges to $11,400: 2 Factors Influencing This Surge
Bitcoin is surging higher after weeks of consolidation. The cryptocurrency, currently trading for $11,430, is at its highest price since early September. In the past 24 hours, the cryptocurrency is up by approximately 5%, having traded around $10,900 on Thursday. дальше »
2020-10-10 05:59
Renewed U.S. Stimulus Discussions Could Ignite an Explosive Bitcoin Rally
Bitcoin’s price has been fairly stagnant as of late, remaining stuck within its macro trading range between $10,200 and $11,200. It is now pushing towards the upper boundary of this range and may soon be able to rally past it. дальше »
2020-10-10 05:00
Analysts Think Bitcoin Is Rallying Due to Market Pricing in “Stimulus Buffet”
Bitcoin is up around $200 in the past 24 hours as it now trades at $11,100. This is the highest price the cryptocurrency has traded at in many days and weeks. The leading cryptocurrency is purportedly moving higher on expectations of further stimulus and a potential Democratic-leaning election. дальше »
2020-10-10 04:42
Crypto Calculated: How Ancient Math Predicts Bitcoin’s Next Top At $270K
As Bitcoin takes out $11,000 and potentially aims higher, renewed talk of the crypto asset’s next potential peak has returned to the market. Analysts do their best to do more than just speculate, backing up theories with fundamental statistics or technical signals to predict future prices. дальше »
2020-10-10 04:00
This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin
The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »
2020-10-10 02:00
Peter Schiff Says Square’s $50 Million Bitcoin Purchase Won’t Boost BTC’s Price
Gold Investor and longtime Bitcoin critic Peter Schiff has stated that contrary to what investors think, Bitcoin will not register a significant price spike following Square’s $50 million Bitcoin’s holdings’ announcement. дальше »
2020-10-10 01:02
Bitcoin Evangelist Anthony Pompliano Labels DeFi An ICO Branded Scam
DeFi’s explosive growth has in no way lessened the criticism from the crypto-industry. In fact, the surge in usage and popularity has attracted harsh criticism from industry players, all of whom have mostly classified DeFi as a bubble. дальше »
2020-10-10 23:59
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 »
2020-10-9 21:00
These 3 Factors Suggest Bitcoin Could Be Starting a Fresh Bull Run
Bitcoin and the entire crypto market have seen some intense strength throughout the past day, which has come about as a result of news regarding Square’s acquisition of Bitcoin worth $50 million that will be held on their balance sheets. дальше »
2020-10-10 19:00
No Stimulus Check? Bitcoin Price Could Hit The Roof, Analyst Reckons
The excessive printing of fiat currencies in the United States to provide monthly stimulus aid for its citizens has since been in favor of Bitcoin, as traditional investors are transitioning from regular assets to leading cryptocurrencies like Bitcoin. дальше »
2020-10-9 16:33
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 »
2020-10-9 14:28
Multi-Decade Trader Thinks Bitcoin Is About to Flash a “Big Buy” Signal
Bitcoin moved substantially higher on Thursday after consolidating in a tight range for many days. The cryptocurrency rallied from approximately $10,600 to daily highs just a smidge shy of $10,000. дальше »
2020-10-9 13:00
“This Is It”: Bitcoin Is Undergoing a Critical Breakout After Consolidation
Bitcoin has moved much higher over the past two days after many weeks of consolidation. Throughout most of September, the cryptocurrency traded snug between $10,000 and $11,000. As of this article’s writing, the coin has moved up to $11,050 as it breaks higher on fundamental and technical trends. дальше »
2020-10-10 13:00
TA: Bitcoin Overcame Hurdles, But $11K Still Presents A Significant Challenge
Bitcoin price managed to stay above the $10,550 support and climbed above $10,800 against the US Dollar. BTC is now facing the main hurdle near the $10,950 and $11,000 levels. Bitcoin is up over 2% and it found a strong buying interest near the $10,550 support level. дальше »
2020-10-9 07:08
Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance
Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the past few days and weeks. […] дальше »
2020-10-9 05:00
The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Saying
Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much longer, with many expecting a large movement in the coming days and weeks One trader also believes that the next […] дальше »
2020-10-9 02:00
Bitcoin Eyes $11,000 After $50 Million BTC Purchase From Square
Square is a company that markets software and hardware payment products, founded by Jim McKelvey and Jack Dorsey, the co-founder, and CEO of Twitter. Jack Dorsey has been a big fan of Bitcoin for many years. дальше »
2020-10-9 00:51
Jack Dorsey’s Square Invests $50 Million In Bitcoin And That’s Yet Another Big Win For Crypto
Square, the mobile payment company founded by Twitter’s Jack Dorsey, announced Thursday that it has invested a mouthwatering $50 million in the bellwether cryptocurrency. According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is “an instrument of economic empowerment and provides a way for the world to participate in a global […] дальше »
2020-10-8 21:30
Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom
Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […] дальше »
2020-10-8 21:00
This Pattern Suggests Bitcoin is Days Away from Making an Explosive Movement
Bitcoin’s incredibly tight and prolonged bout of sideways trading may not last for too much longer and will likely resolve in a massive movement that sets the tone for which direction it trends over a multi-month period. дальше »
2020-10-9 19:00
The Dollar Is Building Bullish Momentum As Bitcoin’s Wanes
Bitcoin price just pumped following news that Square made a massive purchase in BTC, however, the dollar regaining momentum as the top cryptocurrency’s wanes, could soon suggest a pullback and a better buying opportunity for the major payments corporation. дальше »
2020-10-8 18:00
BitMEX Now Branded A “High-Risk” Bitcoin Exchange Following U.S. Government Charges
The many milestones achieved this week in the crypto community has not erased the ups and downs in the industry. This month alone, two indictments have rocked the crypto space, and both have included two of Crypto’s high-profile personalities; Arthur Hayes and John McAfee. дальше »
2020-10-8 17:42
This Industry CEO Hasn’t Been This Bullish on Bitcoin Since 2016
Bitcoin’s price action has weak over the past few weeks due to a confluence of technical and fundamental trends. On the fundamentals, BitMEX was charged by the U. S. CFTC, KuCoin was hacked, and President Trump paused stimulus. дальше »
2020-10-8 13:00
Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill
After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has been tightening. дальше »
2020-10-8 12:42
Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?
An optimistic forecast for gold is making Bitcoin equally bullish, thanks to its erratically positive correlation with the crypto. Gold Boom Ahead Frank Holmes, CEO of US Global Investors, told Kitco News that the gold market is forming a bottom. дальше »
2020-10-8 11:07
Key Bitcoin Takeaways from Fed’s September Meeting Minutes
Bitcoin rose by more than 200 percent from its mid-March nadir at one point this year, supported by the Federal Reserve’s unprecedented expansionary policies. But minutes from the US central bank’s meeting last month showed their officials disagreeing on implementing their new policy frameworks. дальше »
2020-10-8 08:52
TA: Bitcoin Prints Bearish Technical Pattern, Why It Could Revisit $10.2K
Bitcoin price is currently correcting higher from the $10,550 support against the US Dollar. BTC is currently facing hurdles and it is likely to resume its decline below $10,550. Bitcoin is showing many bearish signs below the $10,800 resistance zone. дальше »
2020-10-8 07:08
On-Chain Analyst: Bitcoin’s Price Not Accurately Reflecting Fundamental Strength
Bitcoin’s price action as of late has done little to offer investors with insight into its mid-term outlook. BTC has been trading squarely between the lower and upper boundaries of its long-held trading range between $10,200 and $11,200. дальше »
2020-10-8 05:00
Bitcoin’s Network Momentum Has Stalled—Why It’s Not the End of the World
Bitcoin’s network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a concerning sign for BTC’s long-term trend. This may not be a concern as there are certain trends suppressing the metric, analyst Willy Woo says. дальше »
2020-10-8 04:00
Bitcoin Could See a Massive Squeeze as Funding Rates Flip “Extremely Negative”
Bitcoin’s price action has been lackluster as of late, providing investors with few insights into the cryptocurrency’s near-term outlook as it consolidates Although from a technical perspective, it remains unclear as to where it might trend in the near-term, there are a few factors that may provide investors with some guidance One such factor that could have some influence over the digital asset is its funding rates, which have flipped negative throughout the past few […] дальше »
2020-10-8 02:00
WBTC surpasses $1 billion as Bitcoin to Ethereum port demand rises drastically
ERC20 tokens have been some of the best performing tokens on the market and WBTC has become the most recent of these tokens to make another groundbreaking upsurge in market capitalization value. On the 6th of October, WBTC surpassed $1 billion in market cap. дальше »
2020-10-8 01:30
Analyst: The Next Bitcoin Break Will Set The Stage For Weeks To Come
Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making move will result. дальше »
2020-10-8 23:00
Bitcoin Pioneer Adam Back Says A Trillion Dollar BTC Market Cap In 2 Years Is Conservative – Here’s Why
Adam Back was one of the first people to correspond with Satoshi Nakamoto and has even had to respond to rumors that he had a beer with the Bitcoin creator. He’s also a renowned computer scientist and an original cypherpunk. дальше »
2020-10-8 22:16
Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence
Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »
2020-10-8 21:00
Analyst: Bitcoin Stability Could Help Launch Altcoins Higher in Q4
Bitcoin’s price action has been creating significant fear amongst investors, with analysts and traders widely expecting it to see downside once its ongoing consolidation phase ends. This fear is clearly seen while looking towards BTC’s funding rates, which are extremely negative at the moment as demand for short positions rockets higher. Much of this sentiment […] дальше »
2020-10-8 19:00
A Big Bitcoin Move Ahead as Volatility Hits 3-Month Low: Fund Manager
Bitcoin strategists are waiting for a bias-defining price move as the cryptocurrency’s historical volatility falls to its lowest in three months. Jan Uytenhout, the co-founder of Capriole Investments in Denmark, iterated the outlook in a tweet issued earlier this Wednesday. дальше »
2020-10-8 16:14
Bitcoin Holds Above $10k, But How Likely Is A New All-Time High Before The 2020 US Elections?
Bitcoin surged on August 17, rallying past the $12,000 mark to its year-to-date high of $12,473 in over 12 months amid market fluctuations, infirm performance, and stringent regulations. The most delayed surge saw the biggest cryptocurrency gain over 5. дальше »
2020-10-8 15:03
Bitcoin Is On the Precipice of Losing Two Crucial Support Levels
Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance. дальше »
2020-10-8 15:00
As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »
2020-10-7 13:00
Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive
Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC was trading more than 21% below its local year-to-date high. дальше »
2020-10-7 13:00
Troubles for Bitcoin Grow as Analyst Spots “Potential Death Cross”
Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset’s short-term moving average closes below its long-term moving average–holds credibility for predicting bearish markets. дальше »
2020-10-7 11:01
Expect a Short-term Setback in Bitcoin Market, Asserts OKCoin Exchange
Bitcoin is bracing for a bearish impact in the short- to medium-term, according to OKCoin. The San Francisco-based cryptocurrency exchange cited data from IntoTheBlock, a blockchain intelligence platform, that painted Bitcoin’s two out of seven on-chain fundamentals as bearish – and the rest as neutral. дальше »