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“# Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer ” Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police…
“# $30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak ” Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported,…
“# ‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap ” Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes. BTC…
“# High volume surge propels Bitcoin price to a new all-time high at $29,000 ” Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to $28,600 the price rejected with…
“# NFL player Russell Okung isn’t getting paid in Bitcoin; this is what he’s doing instead ” National Football League player Russell Okung is a strong proponent of Bitcoin (BTC). And while he may be converting a portion of his salary into BTC, his employer, the Carolina Panthers, isn’t paying him in virtual currency —…
“# Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets ” Bitcoin (BTC) has had a stellar 2020, but how are other top crypto assets faring? Let’s take a look at how some of the top cryptocurrencies by market capitalization performed this . Bitcoin First, Bitcoin has seen a massive gain since Jan. 1, as its…
“# Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV ” On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales. Data also…
“# Las Vegas luxury auto dealership rakes in Bitcoin payments ” A luxury auto dealership in Nevada has reported a steady increase in Bitcoin (BTC) payments, a testament to the bull market currently underway as more investors convert their holdings into high-end sports cars. Vegas Auto Gallery, whose inventory includes makes and models from Aston…
“# ‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows ” Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining. If Bitcoin (BTC) liquidity is low, it means there is…
“# Bitcoin price inches closer to $30,000 with new all-time highs ” Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high. BTC price nails fresh all-time high Data from Cointelegraph Markets and TradingView showed BTC/USD tackle its existing historic top during trading on Wednesday. In…