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“# Long-term Bitcoin bulls hodl strong despite five-month price high ” On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high. In its Oct. 11 “Week on Chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows…
“# YouTube deletes and restores Bitcoin bull Anthony Pompliano’s channel ” Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony ‘Pomp’ Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it. In an Oct. 11 update on his Twitter account, Pompliano — a Bitcoin (BTC) bull known for…
“# Price analysis 10/11: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin (BTC) resumed its rally on Oct. 11 and climbed close to $58,000. This marks an almost 100% recovery from the May plunge and shows that any regulatory action by China is having only a temporary effect. The strong rally…
“# Swiss think tank initiates vote to add Bitcoin in federal constitution ” 2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make Bitcoin one the country’s reserve assets. On Oct. 8, the association announced plans to start a federal…
“# Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant ” Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure. Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move…
“# BTC price passes $57.4K in a fresh surge toward February resistance ” Bitcoin (BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price teases $58,000 February high Data from Cointelegraph Markets Pro and TradingView showed…
“# Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins ” Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green but voiced skepticism around many of the altcoins birthed during 2017. Miller subscribes to the…
“# US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling? ” The United States federal government’s default on its debt has been averted — at least for now. On Oct. 7, the Senate voted to increase the debt limit by $480 billion, a sum needed for the world’s biggest borrower to keep paying off…
“# BTC price hits $57K five-month high — 5 things to watch in BTC this week ” Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs. A classic cocktail of factors has laid the foundation for a Q4 finale which analysts…
“# Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz ” U.S. Senator Ted Cruz believes The United States should be using natural gas to mine Bitcoin instead of flaring it. Speaking during the Oct. 8 Texas Blockchain Summit, Senator Cruz asserted that Bitcoin mining can be used to monetize energy…