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“# Bitcoin price reaches $14,500, the highest level since January 2018 ” Bitcoin (BTC) hit $14,500 for the first time since early January 2018 on Nov. 5 as crucial support held at $14,000. BTC price preserves $14K support Data from Cointelegraph Markets and TradingView showed Bitcoin’s gains continuing in Thursday trading, amid market tension over the…
“# WTO blockchain report says customs remains ‘weak link’ of trade digitalization ” The World Trade Organization and Trade Finance Global have published their latest taxonomy of blockchain projects in international trade, arranged into what they present as a “periodic table” for the industry. The original rendition of the periodic table was published in winter…
“# Leverage is fueling Bitcoin’s rally to highest price since January 2018 ” On Nov. 4, crypto data market aggregator CryptoQuant published a chart indicating Binance’s Estimated Leverage Ratio — open interest divided by Bitcoin (BTC) reserves — has pushed into new all-time highs. The record was set on Nov. 3 after a spike in…
“# Trezor’s failure to support upcoming BCH fork comes under fire ” Hardware wallet manufacturer Trezor drew criticism after it announced Bitcoin Cash (BCH) holders hoping to receive an airdrop with the hard fork expected for Nov. 15 will have to transfer their coins elsewhere. In a Nov. 5 announcement, Trezor’s parent company, SatoshiLabs, asserted…
“# Record $2.9B Bitcoin options open interest follows BTC rally to $14,259 ” The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of options. Bitcoin options total open interest. Source: Skew…
“# Price analysis 11/4: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” After reaching a new 2020 high, Bitcoin traders are fighting to flip $14,100 to support and Ethereum is attempting to do the same to the $400 level. <p>Today Bitcoin (BTC) price briefly pushed through the $14,100 resistance to achieve a…
“# Record $816M in Bitcoin leaves Binance — Are whales preparing for a rally? ” Binance saw its biggest Bitcoin (BTC) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single day, equivalent to $816 million. The significant spike in outflows could suggest two…
“#Verified ‘Elon Musk’ Twitter account celebrates election with crypto scam” Just the good stuff. Image: Paul Hennessy / getty The 2020 U.S. presidential election may still be unresolved as of Wednesday morning, but “Elon Musk” wanted to celebrate! And, like so many countless times before, he decided the best way to do so was to…
“# Bitcoin price: Why $14K looks eerily similar to $700 during the 2016 election ” While most investors and traders anticipated massive volatility to occur through the election hours, little has happened. Bitcoin’s price is still relatively stable and hovering under the crucial resistance of $14,000. At the same time, Bitcoin’s price has been moving in…
“# Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021 ” Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next. As voting in the United States’ presidential election ended on Nov. 3, Bitcoin saw a landmark moment of…