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Bitcoin Market Hits Neutral State: Bull And Bear Fight Brewing At The Same Time

New data from CryptoQuant has shown that the Bitcoin market might have hit a neutral position. There has been a recurring pattern of whale and retail selling taking place for the past months. The result of this is what the CEO of CryptoQuant, Ki-Young Ju interprets to be a sideways market movement. Multiple data reveals […] дальше »

2021-6-20 11:44


MicroStrategy Issuing Up To $1B In Common Stock To Buy More Bitcoin

MicroStrategy is back at it again. Fresh off the heels of selling $500M worth of privately offered notes in a securities offering this week, the leading business analytics firm is looking for more. Stock Offering MicroStrategy is rapidly approaching 100K worth of BTC in the firm’s Bitcoin-holding subsidiary, MacroStrategy LLC. The recent common stock offering […] дальше »

2021-6-16 21:19


Elon Musk Confirms Tesla Is Not Selling All of Its Bitcoin, Hints at Potentially Resuming Transactions

Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy.  “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote.  This is inaccurate. Tesla […] дальше »

2021-6-15 08:37


Whalemap: Цена биткоина может подняться до $46 000

Сервис whalemap допустил рост цены биткоина до $46 000 после прохождения отметки $40 000. Once we get there, some whales will be selling at 46k to reduce risk at their breakeven prices. — whalemap (@whale_map) June 14, 2021 По данным сервиса, в ценовом диапазоне покупок ($33 000-$40 000) находятся около 461 000 адресов, принадлежащих крупным […] дальше »

2021-6-14 19:50


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »

2021-6-2 11:00


Dogecoin Creator Says Crypto Price is 99.9% Driven By Greater Fools

The Co-Founder of Dogecoin, Billy Markus, said crypto prices are mainly driven by fools selling to even greater fools. “I agree with the greater fool theory driving most of crypto prices, but I’m honestly wondering what percent you think any crypto is purchased from utility vs greater fool theory From my viewpoint it’s about 99.99% […] дальше »

2021-6-2 15:00