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Tag: #Bitcoin

# Bitcoin trading dominance hits 2017-levels not seen since ,000 BTC
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# Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC

Admin6 years ago06 mins

“# Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC ” The cryptocurrency market has suddenly shifted back to Bitcoin (BTC) after several months of a decentralized finance (DeFi) frenzy. While market cap dominance remains below 60%, earlier this month, the trading dominance of BTC has spiked to levels not seen since 2017 when…

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# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV
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# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Admin6 years ago017 mins

“# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV ” Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins. <p>Crypto market sentiment appears to be improving across the board and the global push to mainstream…

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# Institutional Bitcoin longs at record-high, hedge funds short — CME data
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# Institutional Bitcoin longs at record-high, hedge funds short — CME data

Admin6 years ago05 mins

“# Institutional Bitcoin longs at record-high, hedge funds short — CME data ” According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of Trader report shows hedge funds are at a record-high for BTC shorts. There seemingly is a major difference…

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# Bitcoin price holds strong amid negative news blitz, says CoinShares report
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# Bitcoin price holds strong amid negative news blitz, says CoinShares report

Admin6 years ago04 mins

“# Bitcoin price holds strong amid negative news blitz, says CoinShares report ” Blockchain headlines have been awash with negative news tidbits lately. KuCoin suffered a major hack on Sept. 26; two United States regulatory bodies went after BitMEX on Oct. 1; the United Kingdom’s Financial Conduct Authority, or FCA, banned crypto derivatives on Oct. 6;…

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# Number of Bitcoin wallets holding over 100 BTC tests 6-month high
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# Number of Bitcoin wallets holding over 100 BTC tests 6-month high

Admin6 years ago02 mins

“# Number of Bitcoin wallets holding over 100 BTC tests 6-month high ” More than 16,159 Bitcoin wallets now hold 100+ BTC according to analytics data provider, Glassnode. An October 19 report from the company stated that this figure tests the previous 6-month high of 16,158, last seen on June 8. Glassnode additionally posted that the number of non-zero Bitcoin…

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# ‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping
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# ‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping

Admin6 years ago05 mins

“# ‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping ” Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnode On-chain analyst Willy Woo said old hands reliably…

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# Vinnik trial for extortion and Bitcoin money laundering begins in Paris
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# Vinnik trial for extortion and Bitcoin money laundering begins in Paris

Admin6 years ago03 mins

“# Vinnik trial for extortion and Bitcoin money laundering begins in Paris ” The trial of the alleged launderer of $4 billion worth of Bitcoin (BTC), Alexander Vinnik, got underway in Paris on Oct 19. However, despite reported links to the 300,000 BTC hack of Mt. Gox in 2014, prosecutors are focusing on a €135…

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# Ethereum can rise to 0 in 2020 if this bull ‘mini-cycle’ repeats
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# Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats

Admin6 years ago08 mins

“# Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats ” Markets tend to behave in massive cycles. One of those cycles is the previous Bitcoin (BTC) price cycle from 2014 to 2017. However, within those cycles, are multiple smaller cycles that could often repeat. A similar approach and analysis can be…

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# ‘Still so early’ — 7% of Americans have bought Bitcoin, study finds
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# ‘Still so early’ — 7% of Americans have bought Bitcoin, study finds

Admin6 years ago06 mins

“# ‘Still so early’ — 7% of Americans have bought Bitcoin, study finds ” According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at…

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# Record fundamentals and a K pump: 5 Bitcoin price tips this week
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# Record fundamentals and a $12K pump: 5 Bitcoin price tips this week

Admin6 years ago09 mins

“# Record fundamentals and a $12K pump: 5 Bitcoin price tips this week ” Bitcoin (BTC) starts a new week in familiar territory as markets move into the United States’ 2020 elections — where could it go next? Cointelegraph takes a look at five factors that could influence BTC price action in the week ahead….

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