Bitcoin dominance weakens as BTC holds $63K: Will altcoins surge?

Bitcoin dominance weakens as altcoin performance rises.  A potential price correction may be tempered if this trend holds. Bitcoin [BTC] bears have thwarted another breakout attempt, maintaThe post Bitcoin dominance weakens as BTC holds $63K: Will altcoins surge? appeared first on AMBCrypto.

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US Government Holds $5B in Bitcoin: WSJ

The Wall Street Journal has revealed that the U.S. federal government holds a staggering $5 billion worth of Bitcoin after strategic crackdowns on cybercrime and darknet activities

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Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets

Bitcoin holds firm around $29,000 as markets escape a “shock” from the week’s main macro event.

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Binance Overtakes Coinbase: Now Holds the Most Bitcoin in the World

Binance confirms its supremacy over Coinbase. In addition to its continued growth, it now holds the most Bitcoin in the world. The post Binance Overtakes Coinbase: Now Holds the Most Bitcoin in the World appeared first on BeInCrypto.

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Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC

Bitcoin’s dominance holds firm despite fresh U.S. dollar losses as traditional finance trading gets underway.

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Bitcoin Primed to Bounce as $16,000 Level Holds Multiple Times

Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the […]

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Analysts Eye Bitcoin Move Past $16,000 as Buying Pressure Continues

Bitcoin has dropped since its highs of $15,975 set last week. The coin trades for $15,300, which is still far above the lows of $14,300. Analysts think that Bitcoin could resume its ascent above $16,000 in the coming days as the price holds the $15,000 region.

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Bitcoin Holds $15K as Negative-Yielding Debt Reaches Record $17tn

Bonds worth $17.05 trillion now yields a return below zero, according to Bloomberg Barclays Global Negative Yielding Debt index.

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TA: Bitcoin Holds Strong, Why 100 SMA Could Trigger Solid Gains Above $14K

Bitcoin price remained well bid above $13,300 and started a fresh increase against the US Dollar. BTC is back above $13,700 and it is likely to continue higher in the near term. Bitcoin started a fresh upward move after it found a strong support near $13,300.

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Grayscale Owns 2.13% Ethereum Supply After Acquiring 75,149 ETH Just Recently: Analyst

Analyst has shared that Grayscale now holds 2.13 percent of all circulating Ethereum apart from 2.59 percent of Bitcoin in circulation; interest in ETH is rising

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MicroStrategy CEO reveals personal bitcoin holdings

Founder and CEO of business intelligence firm MicroStrategy, Michael Saylor said in a tweet today that he personally holds 17,732 BTC which he bought at $9,882 each on average. In addition to declarinThe post MicroStrategy CEO reveals personal bitcoin holdings appeared first on AMBCrypto.

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$127 Billion of Gold Discovery Brings Elation in Bitcoin Community

A huge amount of gold reserves has been discovered in Russia that has elated the bitcoin community. The largest gold producer of Russia, Polyus PJSC, said its untapped Sukhoi Log deposit in Siberia holds the world’s biggest reserves — 40 million ounces of proven reserves with an average gold content of 2.

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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000

Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […]

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Bitcoin Millionaire Addresses Reaches Highest Level Since January 2018

As Bitcoin’s price holds strong at $13,000, the number of Bitcoin millionaire addresses are also hitting levels not seen since the last bull run. Those addresses that have been holding more than $1 million worth of BTC have surpassed 20,000, the highest level since January 2018, as per Glassnode.

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Bitcoin holds $13,000 even as hash rate slumps

Hash rate has slumped from 151 EH/s to 132 EH/s but Bitcoin price remains...

The post Bitcoin holds $13,000 even as hash rate slumps appeared first on Coin Journal.

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Bitcoin Paints Two Bearish Signals as Price Holds $13K; What’s Next?

Bitcoin is looking to face a period of sell-off as its daily chart reveals the presence of two historically accurate bearish indicators.

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Analysts Think Ethereum Will Surge as Bitcoin Holds $13,000 Support

Ethereum has undergone a strong 10-15% rally over the past seven days that has brought it as high as $420. The coin is expected to move towards $433 to “catch up” to Bitcoin. Ethereum Expected to Surge As Bitcoin Holds Key Supports Ethereum has undergone a strong 10-15% rally over the past seven days that has brought it as high as $420.

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Top DeFi coins Yearn.finance (YFI) and AAVE rip 10% higher as Bitcoin holds $13k

The past seven days have actually been quite mediocre for top coins in the decentralized finance (DeFi) space. The post Top DeFi coins Yearn.finance (YFI) and AAVE rip 10% higher as Bitcoin holds $13k appeared first on CryptoSlate.

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$283,295,101 in Bitcoin Shifted by Whales for Just $22 Fee As BTC holds at $13,000

$283,295,101 in Bitcoin has been transferred by crypto whales for a fee that no bank would ever offer; meanwhile, BTC remains in the $13,000 range

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Grayscale Now Holds $7 Bln in Bitcoin and Other Crypto Assets: Founder Barry Silbert

Grayscale Investments now holds $7,000,000,000 in crypto assets under management, according to a tweet by its founder and CEO Barry Silbert

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Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K

Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.

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Bitcoin price holds strong amid negative news blitz, says CoinShares report

There was a time when Bitcoin seemed to be directly influenced by the daily news cycle.

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Analytics Firm: 200,000 Bitcoin is Currently Locked Within OKEx’s Wallets

News regarding the OKEx founder being arrested by the Chinese government has created some fear amongst crypto investors He holds the keys to the cryptocurrency that is locked within the platform, making it impossible for the exchange to conduct any withdraws while he is in police custody Although the bull case is that this could reduce the supply of BTC circulating on the market, it would also strike a heavy blow to investors who used […]

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On-Chain Data Finds OKEx Holds $2.3 Billion Worth of Bitcoin

According to the researchers at Glassnode, OKEx holds $2. 3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the persons holding a private key to the exchange’s wallet is cooperating with investigators.

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$2,263,380,000 in Bitcoin Held in OKEx Wallets, Research Says, while Founder Detained by Police

The OKEx exchange that has suspended withdrawals holds 200,000 BTC in its wallets, meanwhile its founder has allegedly been detained by the police in China

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Ethereum Posts a Pristine Technical Breakout as Analysts Target $400+

Ethereum’s price action has been closely correlated to that of Bitcoin, which has caused it to see a bout of consolidation It was able to post an incredibly strong move higher yesterday that allowed it to break its $380 resistance This level has been a pivotal one for Ethereum for the past several months, and the break above it holds serious technical significance That said, it is now imperative that the cryptocurrency stabilizes above this […]

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Bitcoin Holds Steady Above $11,200 Support

Bitcoin (BTC) has broken out from a crucial resistance level and validated it as support afterward. After a possible short-term decrease, the price is expected to resume its upward movement. BTC Trading Range The Bitcoin price has been increasing since Sept 8, when it reached a low of $9,825.

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Bitcoin Price Holds Steady Even As Over $11 Million Worth Of BTC Is Moved From Satoshi-Era Wallet

Someone, whose identity cannot be deciphered, sent 1,050 BTC that had been dormant since 2010. Given bitcoin’s genesis block was mined in January 2009, the 1,050 BTC was presumably minted while the pseudonymous bitcoin creator Satoshi Nakamoto was still involved with the crypto.

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First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of UK Retail Crypto Futures Ban

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

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Bullish trend reversal underway as Bitcoin price holds above $11,000

Bitcoin price surged past $11,000, and three key indicators suggest a strong trend reversal is underway.

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Bitcoin holds above $11k, as YFI rises from the ashes

Bitcoin has finally managed to surpass the resistance at $11k, at press time and was valued at $11,045. There has been a push and pull in the price of the digital asset but at the time of writing the The post Bitcoin holds above $11k, as YFI rises from the ashes appeared first on AMBCrypto.

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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.

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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.

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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.

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Bitcoin price holds $10.5K but a $30M sell wall looms overhead

A 2,800 BTC sell wall on Binance heightens the chance of a sell off and is keeping Bitcoin price trapped below $11K.

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Here's what the future holds for DeFi and CeFi

Everyone involved in blockchain and cryptocurrencies knows that it is a rapidly evolving space. Since the first Bitcoin was mined in 2009, several developments have led to the formation of what is knoThe post Here's what the future holds for DeFi and CeFi appeared first on AMBCrypto.

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An Impressive Feat: Bitcoin Holds Strong at $10,000 Despite 3 Big Hits

2020 has been really good for the majority of the asset classes. But bitcoin hasn’t been able to achieve a more significant price level, still struggling to top 2019’s $13,900 price point. The year started on a bullish note, only to experience one of its worst crashes in March.

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$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This

Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. Bitcoin Price Holds Strong At […]

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Bitcoin Holds Tight After Another Rejection from Major Resistance

Bitcoin (BTC) has been rejected by the $11,000 level multiple times in the past few weeks but has managed to avoid getting stuck under $10,000. It is possible that BTC could drop back slightly to $10,550 before resuming its upward movement.

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Market Wrap: Bitcoin Holds at $10.7K; Uniswap Volume Drops

Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September.

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Grayscale Bought 17,100 BTC Last Week, Now Holds 2.4% of Bitcoin’s Supply

As the bitcoin price continues to remain under $13,000 for over a year now and around $10,000 for more than the past month, there is no better time to stack some sats. With the leading digital currency still 45% away from its peak of $20,000, ‘buy the dip' opportunities are being taken advantage of not […] The post Grayscale Bought 17,100 BTC Last Week, Now Holds 2.

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Grayscale now holds over 2% of Bitcoin supply

Cryptocurrency investment firm, Grayscale, now controls more than 2% of the current Bitcoin (BTC)... The post Grayscale now holds over 2% of Bitcoin supply appeared first on Coin Journal.

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Bitcoin Recovery Runs Into Crucial Resistance, But 100 SMA Holds The Key

Bitcoin price started a decent recovery from the $10,139 swing low against the US Dollar. BTC gained pace above the $10,550 resistance, but it is facing a major hurdle near $10,800. Bitcoin managed to stay above the $10,000 support and started a decent recovery.

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Mainstream finance giants revealed to hold nearly 600 Bitcoin

A new report revealed that the world’s largest sovereign wealth fund, the Norwegian Government Pension Fund, owns almost 600 Bitcoin (BTC). The fund, also known as Oil Fund, holds more than $1 trillion in assets.

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Here’s how the Norwegian Government now indirectly holds over 570 Bitcoin

Bitcoin adoption has already reached the high coffers of the Norwegian government, albeit in an indirect manner. The post Here’s how the Norwegian Government now indirectly holds over 570 Bitcoin appeared first on CryptoSlate.

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World’s largest sovereign wealth fund indirectly holds almost 600 Bitcoin

Mainstream finance giants may hold more Bitcoin than you think.

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This Level Holds the Key to Bitcoin Moving Higher in the Near Term

Bitcoin has surged to $11,050 as of this article’s writing. The coin has gained over 10% from the lows earlier this month of $9,800. Despite the rally, Bitcoin is not yet in a fully bullish state according to some analysts.

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These 3 Technical Signs Show Bitcoin Could Soon Reverse Lower

Bitcoin has surged higher since bottoming last week under $10,000. The coin now trades for $10,850, slightly shy of the local highs at $11,150. BTC seemingly remains in a bull trend as it holds above the pivotal $10,500 support.

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Bitcoin Price Holds Strong Above $10,800: A Firm Case for Upside

Bitcoin price climbed further higher above the $11,000 resistance against the US Dollar. BTC is currently correcting gains, but dips are likely to remain supported near $10,800. Bitcoin extended its upward move above the $10,900 and $11,000 resistance levels.

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