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“# Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K ” Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week — an increase of 150%. The…
“# Bitcoin rejoins with S2F model price putting $100K BTC price right on track ” Bitcoin (BTC) is following price predictions exactly and not making investors wait longer for gains this bull cycle, says famous quant analyst PlanB. In a tweet on Dec. 17, the creator of the stock-to-flow price model noted that in its…
“# Bitcoin price hits $23K as on-chain analyst says $55K is the ‘next landmark’ ” Bitcoin price (BTC) has surpassed the $21,000-$22,000 resistance range to rise above a new high of $23,000 on Dec. 17. Meanwhile, on-chain analyst Willy Woo now says $100,000 is a “ridiculously low” target. BTC/USD weekly chart (Bitstamp). Source: Tradingview The…
“# Bitcoin shortage as Wall Street FOMO turns BTC whales into ‘plankton’ ” Bitcoin (BTC) is seeing a new kind of “flippening” above $20,000 as its original whales keep selling their coins to bigger institutional buyers. Data from on-chain analytics service CryptoQuant shows that despite long-term investors rushing to offload BTC at a profit, buyer…
“# Ether hits 2020 high as Bitcoin tops $22K ” While Bitcoin continues to push into new all-time highs, Ether has also tagged new year-to-date highs following news the Chicago Mercantile Exchange plans to launch ETH futures contracts in 2021. BTC spiked into new highs on Dec. 16, gaining 10% in one day from $19,140…
“# Bitcoin price hits $21,569 as Dave Portnoy misses out on $160K ” The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The recent rally to $21,569 on Coinbase at approximately 11:15 PM UTC,…
“# Bitcoin over $20k: Bulls and more bulls ” Bitcoin (BTC) has attracted a lot of proponents this year, with many folks expressing positive market sentiment following the asset’s recent rise to $20,000 and beyond. Not everyone is overly bullish though. Peter Brandt, a long-time traditional market trader and chartist, said Bitcoin is bullish, but…
“# Record $7.9B Bitcoin futures open interest shows bears are watching BTC price ” Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to…
“# Binance and Coinbase suffer outages as Bitcoin’s price soars ” Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao, or CZ, Binance’s CEO, tweeted on…
“# Bitcoin is a ‘convex bet’ says CEO of institution with $600m BTC exposure ” 2020 has been a big year for mainstream Bitcoin (BTC) adoption. One of the most recent entrants to the space is One River Digital Asset Management, a hedge fund headed up by CEO Eric Peters. The firm expects to own approximately…