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“# Price analysis 11/13: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors are becoming more interested…
“# Keep dreaming! Options data suggests $560 Ethereum price won’t happen ” This week, Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the…
“# Bitcoin whale clusters show ‘institutional FOMO’ is behind the BTC rally ” Data shows that institutions heavily accumulated Bitcoin in the $12,000–$15,000 range, and according to analysts at Whalemap, this is a positive trend because institutions and whales typically accumulate assets with a longer-term investment strategy in mind. The fact that larger hands are…
“# Bitcoin price at $16K and beyond? Here are the bear and bull cases ” The price of Bitcoin (BTC) surpassed $16,000 with relative ease on Nov. 13 and has remained resilient above it. Analysts are divided on the short-term outlook on BTC because the momentum remains strong but there are concerns of an overheated…
“# Cointelegraph Consulting: How the US election may impact Bitcoin price ” With Joe Biden poised to be the next president of the United States, Cointelegraph Consulting reflects on how traditional assets have responded to the election of a Democratic candidate. Historically, Democrats have been bullish for gold, as the common perception is that more…
“# Belarus’ largest bank reportedly launches crypto exchange service ” Belarusbank, the largest financial institution in Belarus, is reportedly launching a cryptocurrency exchange service. According to a Nov. 12 report by local news agency Prime Press, Belarusbank is rolling out a service allowing users to exchange cryptocurrency using a Visa payment card. As reported, the…
“#Bitcoin’s value tops $16,000 for first time since January 2018” Just a week after topping the $15,000 mark for the first time in three years, bitcoin has zoomed past $16,000. The cryptocurrency’s rally has brought it back to a valuation that it hasn’t seen since January 2018, with one digital token worth $16,095.31 late Thursday…
“# Dash objects to ShapeShift culling of privacy coins ” Cryptocurrency exchange ShapeShift recently delisted three privacy coins: Dash, Zcash (ZEC) and Monero (XMR). This was an unexpected move to say the least, given the exchange’s historic commitment to privacy. As a noncustodial platform, Shapeshift did not impose user identification requirements on traders in its early…
“# Ray Dalio believes nations will outlaw Bitcoin if BTC price keeps rising ” Ray Dalio, the billionaire hedge fund legend, doesn’t see digital currencies like Bitcoin (BTC) succeeding the way other people do. He expects authorities to clamp down on cryptocurrencies when they see “material” growth. The daily chart of Bitcoin dating back to…
“# 3 reasons Bitcoin price just hit $16,000 for the first time since 2017 ” The price of Bitcoin (BTC) surged past $16,000 today, Nov. 12, for the first time in nearly three years. The momentum of the dominant cryptocurrency is strengthening due to three key major factors. The main catalysts behind BTC’s rally are…