Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In a new post on X, CryptoQuant head of research Julio Moreno has discussed why the short-term holder selling pressure may be declining for BTC.

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Bitcoin Needs to Reach $24,800 to Challenge Recent Lows: Fundstrat's Head of Technical Strategy

Bitcoin has managed to hold around $20,000, while Fundstrat expert names level it must hit to head for $25,000

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Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says

Kraken's head of growth, Dan Held, thinks Bitcoin could reach $1 million within the current market cycle.

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TA: Bitcoin Forms Bullish Pattern, Why BTC Could Climb Above $58K

Bitcoin price started a fresh increase after a drop towards $53,000 against the US Dollar. BTC is now forming an inverse head and shoulders, with chances of a break above $58,000. Bitcoin is showing positive signs above the $55,000 support zone.

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Bitcoin on a Reversed Head and Shoulders Says Peter Brandt

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Traders speculate that Bitcoin’s price may continue to trade sideways for now

CryptoWendyO and Cheds weigh in on where Bitcoin's price could head next.

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Kraken CEO is Confident BTC Could Go Further than $1 Million

Kraken head Jesse Powell has made an unprecedented prediction that bitcoin could reach $1M in value. Powell on Bitcoin’s Future Potential The CEO, who is bullish on the world’s most known crypto, stated that BTC enthusiasts agree that digital assets will eventually replace fiat currencies.

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Fidelity’s Global Macro Head Recommends Bitcoin Investment

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Why Coinbase will maintain its investment in Bitcoin?

Crypto exchange Coinbase has held Bitcoin and other crypto assets on its balance sheet since the firm’s inception in 2012. Head of Institutional Sales, Trading, Custody, and Prime Services at CoinbaThe post Why Coinbase will maintain its investment in Bitcoin? appeared first on AMBCrypto.

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CEO of Russian controversial bank compares bitcoin with Ponzi scheme

Bitcoin is devoid of real consumer value and looks like a financial pyramid, the head of the Russian bank Otkrytie believes. He compared cryptocurrency to the largest Russian Ponzi scheme MMM.

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'Price corrections are part of Bitcoin’s DNA and history'

Thomas Lee, Head of Research at Fundstrat Global Advisors is the latest Bitcoin bull to predict a surge in the asset's price. In his latest tweet, Tom Lee added that Bitcoin is prone to corrections ofThe post 'Price corrections are part of Bitcoin’s DNA and history' appeared first on AMBCrypto.

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The $2.5B question: After Options expiry, where will Bitcoin head?

After an eventful race to the top with an ATH of $58,330, Bitcoin's price dropped by over 17 percent to hit $47,872 on the price charts. However, the correction in price was long overdue and anticipatThe post The $2.

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Elon Musk States Peter Schiff May Be Bitcoin Holder

Head of Tesla and the “newly converted” Bitcoiner Elon Musk has responded to Peter Schiff as he poured scorn on Bitcoin again

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Bitcoin Inches Closer to $1 Trillion Market Cap, CZ Binance Explains Explosive BTC Growth

Bitcoin approaches the $1 trillion market cap as the market value of BTC is growing, head of Binance opines to Bloomberg why it is happening

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Anthony Scaramucci Expects Bitcoin to Hit $100,000 Before Year's End

Head of SkyBridge Bitcoin Fund, US financier Scaramucci, believes that Bitcoin is likely to surge to $100,000 by the end of 2021, here's why

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Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying

The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase.  During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc.

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Wall Street Banks Almost Ready to Embrace Bitcoin

This statement follows a town hall meeting for JPMorgan Chase traders and sales personnel that took place in Jan 2020. At the time, the bank’s head of global markets, Troy Rohrbaugh, responded to a question on whether JPMorgan would get involved in bitcoin.

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Grayscale's Bitcoin Trust Premium turns negative for first time since launch

Grayscale has been at the head of a lot of Bitcoin-related developments over the past few months. It is in the news again today after its GBTC premium turned negative for the first time after its launThe post Grayscale's Bitcoin Trust Premium turns negative for first time since launch appeared first on AMBCrypto.

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Crypto Head: Important Bitcoin Facts and Technological Background

The technology introduced approximately nine years ago is now a major phenomenon in the world. Bitcoin is a cryptocurrency and is used for many purposes and is an essential currency in today's age andThe post Crypto Head: Important Bitcoin Facts and Technological Background appeared first on AMBCrypto.

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Top Exec Of Irish Central Bank Thinks Bitcoin Investors Will Lose It All

The head of the Irish Central Bank Gabriel Makhlouf is worried that people who invest in Bitcoin could end up losing all their money. However, Gabriel Makhlouf was quick to note that Bitcoin isn’t a direct threat to financial stability.

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Bitcoiners Could Lose Everything, According to Governor of Central Bank of Ireland

Bitcoin could still fail, according to the head of Ireland's central bank

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Former Bitspark CEO George Harrap Joins Crypto PR Firm as Head of DeFi

"I've been around crypto for a decade now and DeFi has me as excited as when I mined my first bitcoin," Harrap told CoinDesk.

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Prominent Financial Expert Names Driver Likely to Fuel Bitcoin Growth

Major financial expert and head of a top flight Wall Street hedge fund has named one factor that is likely to fuel further Bitcoin rise

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Economists Can’t Wrap Their Head Around Bitcoin; It’s A ‘Horrible Thing’ With A ‘Fundamental Flaw’

Economists are having a hard time understanding Bitcoin and want it regulated. The post Economists Can’t Wrap Their Head Around Bitcoin; It’s A ‘Horrible Thing’ With A ‘Fundamental Flaw’ first appeared on BitcoinExchangeGuide.

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Genesis Mining head forecasts importance of layer-two Bitcoin solutions

He feels Bitcoin might need such solutions, even with the coin in a store of value role.

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Binance’s Has Been Blacklisted in Russia Since Sept; New Ruling Removes the Restriction

According to a popular news agency, Kommersant, on Jan. 21, Arkhangelsk Regional Court ordered that the Binance website be expunged from the list of blacklisted websites in the country. The head of Binance Russia, Gleb Kostarev, confirmed to Bitcoin Exchange Guide that the reports were indeed true explaining that the court session was held on […] The post Binance’s Has Been Blacklisted in Russia Since Sept; New Ruling Removes the Restriction first appeared on BitcoinExchangeGuide.

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An interview with AAX Head of Strategy and Research

2020 was an exceptional year for Bitcoin. After facing a tumultuous time during the end of the 1st quarter, the largest digital asset performed admirably to end its year on a new all-time high. The asThe post An interview with AAX Head of Strategy and Research appeared first on AMBCrypto.

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Biden Confirms Gary Gensler As SEC Chairman – What’s In Store For Bitcoin And Crypto?

Did you hear a few days ago that former CFTC Chairman Gary Gensler could be the next SEC chairman? Well, it is now confirmed that he will be taking over from Jay Clayton as the head of the U. S. Securities and Exchange Commission.

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Goldman Sachs Sees Bitcoin Market Becoming More Mature

Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed.

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Mike Novogratz Slams ECB Chief for Saying Bitcoin Used for Money Laundering

Mike Novogratz criticized head of ECB for referring to BTC as "funny business" that has been used for money laundering; he recalls the $150 billion laundered by banks

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A New SEC Chair Who Actually Understands Bitcoin and Crypto?

After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair.

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Goldman Sachs Executive Says Bitcoin (BTC) Will Stabilize Once More Institutions Come

Jeff Currie, a Goldman Sachs top executive, had said that Bitcoin needs to have more institutional investors before the market can properly mature, in an interview on CNBC’s The Coin Rush. Curie: Not Enough Institutions Are Involved Yet Jeff Currie, the global head of commodities research at Goldman Sachs, had stated that institutional investment inRead More

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Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin?

The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies. The post Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin? appeared first on CryptoSlate.

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Bitcoin Will Not Go Down Below $28,000, Asserts On-Chain Analyst

Many traders agree that the pair could continue its move lower, forming a potential Head and Shoulder pattern, a bearish reversal structure.

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Goldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin Volatility

The global head of commodities research believes the amount of institutional money in bitcoin needs to grow to mature the asset.

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Bitcoin Analyst Warns Price Could Dip Below $20,000; Here’s Why

The cost of one Bitcoin could end up plunging below its 2017’s record high of $20,000. That is, according to a pseudonymous analyst, who determined the cryptocurrency’s bearish outlook based on a classic head and shoulder pattern.

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Long-Term Bitcoin Holders Reloaded in October, Hedgeye CEO Says, Right Before BTC Rally Began

Head of Hedgeye fund has tweeted that, at the very start of the BTC rally last year, long-term holders reloaded on Bitcoin in October and November

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Liquidity Crisis Suffered by BTC Starts Hitting Ethereum as ETH Exchanges' Reserves Melt 20%

Liquidity crisis starts hitting Ethereum, head of analytics firm CryptoQuant reckons, mentioning large ETH outflows from exchanges with the same happening to Bitcoin

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More Aussies Back Bitcoin, the Underdog

Aussie resilience (and bitcoin) binds us together during times of fear, uncertainty and doubt, says the head of a local exchange.

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Governments Will Start to Hodl Bitcoin in 2021

Crypto assets not only are not going away. They will become integral to our financial and political lives, says Blockchain.com's head of research.

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Bitcoin Could Face a Pullback of 10-15%, Warns Exchange Exec

Bitcoin has undergone an extreme rally over recent months, pushing to $28,000. Some fear that a pullback is starting to brew as the market shows signs of being overbought on a technical basis. Vijay Ayyar, head of business development with crypto exchange Luno in Singapore, recently said that he thinks the market is “close to a top.

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Here’s why prominent crypto strategist compares Bitcoin (BTC) to Tesla

Bitcoin (BTC) price is trading near recent all-time highs as investors shift their focus to Ripple (XRP) and their legal issues. Fundamental analysis: Bitcoin is less volatile than it is perceived It appears that Bitcoin is not as volatile anymore compared to popular market indexes that touched new peaks amid the pandemic, said Meltem Demirors, head strategist at crypto management firm CoinShares.

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Chris Wood of Jefferies Investment Firm Cuts Exposure to Gold for Bitcoin

Investment firm Jefferies trims exposure to gold for the first time in years in favour of bitcoin (BTC). Christopher Wood Cuts Exposure to the Yellow Metal According to a report by Business Standard, Chris Wood, global head of equity strategy at investment company Jefferies is poised to reduce exposure to the time-tested precious yellow metalRead More

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Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’ That’s Not a Threat to Gold

Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as the currency of last resort.

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ETH Gas & Bitcoin Fees Insanity Rear its Ugly Head Again Amidst Market Uptrend

As the price of cryptocurrencies keep its gains and, in some cases, rally, it is becoming costly, yet again, to use the two largest blockchains. First things first, the fees are nowhere near the levels recorded during the bull market's height, but still, it is getting pretty ramped up.

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Jeff Currie Talks Bitcoin, Risk, Inflation Hedge

Risk On, Risk Off Goldman Sachs Head of Commodities Research Jeffrey Currie told Bloomberg TV on Dec. 17 that he sees Bitcoin as a risk-on growth proxy. He compared it to copper and said that overlaying their pricing charts shows that they act in much the same way.

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Don’t think Bitcoin’s supply is finite? You probably don’t understand the tech

A research firm’s head recently claimed Bitcoin’s capped supply could be changed.

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Bitcoin (BTC) price takes a breather as Facebook hopes to launch Diem and Novi next year

Bitcoin (BTC) price has dipped to trade below $19,000 as Facebook’s top executive says its rebranded cryptocurrency project will be launched next year. Fundamental analysis: Facebook hopes to launch in 2021 David Marcus, the head of Facebook Financial, said that he hopes to have both Diem and Novi launched over the course of the next year.

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Tezos, Neo, Aave Price Analysis: 06 December

The Crypto Fear and Greed Index stood at 95 for the day as Bitcoin traded at $19,041, at press time. Tezos formed a bullish reversal pattern that was yet to be confirmed, while Neo was likely to head The post Tezos, Neo, Aave Price Analysis: 06 December appeared first on AMBCrypto.

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