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“# Bitcoin flippens South Korean won, closes in on Google ” The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won. According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This…
“# Bitcoin price in stasis — Analyst says BTC consolidation ‘nearly complete’ ” Bitcoin (BTC) may be having problems cracking all-time highs but one of its best-known analysts believes its sideways trading is “nearly complete.” In a series of tweets on March 11, Willy Woo pointed to multiple on-chain factors suggesting that fresh BTC price…
“# From $318K to $0: Bitcoin price predictions for 2021 ” What highs (or lows) could Bitcoin reach by the end of the year? Watch Cointelegraph’s latest video to find out! The moderates The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction apparatuses in the Bitcoin space. It forecasts…
“# What keeps Bitcoin price similar across different crypto exchanges? ” Bitcoin trades in countless locations across the globe, including on numerous exchanges. The asset, however, largely trades near the same U.S. dollar value across the market, aside from some countries’ outlying price action from time to time. How is this possible? Numerous trading products…
“# Bitcoin price sheds 5% after Oracle keeps quiet on $4B BTC allocation rumors ” Bitcoin (BTC) fell $2,000 overnight on March 11 after United States-based multinational Oracle dispelled rumors that it had bought 72,000 BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Data from Cointelegraph Markets and TradingView showed BTC/USD returning to $55,000 on Thursday…
“# Nervous newbies are taking profits while long-term BTC investors hodl strong ” Long-term Bitcoin hodlers appear not to be selling despite 2021’s all-time highs, while nervous newbies have been taking profits along the way. According to Unchained Capital’s “Hodlwaves” chart — which visually illustrates the time since BTC wallets were last active on-chain, 2021…
“# 25% of UK investors would’ve made £1 million by going all-in on BTC in 2020: Survey ” New research from U.K. think tank Parliament Street revealed that 25% of British investors estimate they would have made £1 million or more ($1.39 million) in profit by investing all their wealth in Bitcoin at the start…
“# You’d have $10K now if you’d invested April’s stimulus in Bitcoin — and more with ETH ” A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020….
“# Price analysis 3/10: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Long-term investors use dips in a strong uptrend to buy while short-term investors are fixated on calling a top. In the past few days, data from Glassnode has shown significantly sized Bitcoin (BTC) outflows from Coinbase exchange, which is a…
“# 3 key Bitcoin price metrics signal this ‘healthy’ rally has room to run ” After hitting a $43,000 local low on Feb. 28, Bitcoin (BTC) price rallied 28% to retake the $57,000 level on Mar. 10. As the Feb. 21 to Feb. 23 massive $5.9 billion liquidations caused by excessive long leverage seem long…