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“# Price analysis 1/13: BTC, ETH, XRP, LTC, ADA, BCH, DOT, XLM, LINK, BNB ” The top 100 richest Bitcoin (BTC) addresses have added 334,000 Bitcoin to their existing holdings over the past 30 days, a clear signal that whales and institutional-size investors bought the dip. A positive sign is that most of them have…
“# Price analysis 1/11: BTC, ETH, XRP, LTC, BCH, ADA, DOT, LINK, BNB, XLM ” After an incredible run-up to nearly $42,000, Bitcoin (BTC) price finally entered a significant correction, and at the time of writing the price is down by about 18%. While the swift drop to $30,402 may not induce sleepless nights from…
“# Top 5 cryptocurrencies to watch this week: BTC, ADA, EOS, THETA, AAVE ” During an interview with Bloomberg, Grayscale CEO Michael Sonnenshein said that in addition to hedge funds, pension funds and endowments had also started investing in the Grayscale family of products. This suggests that a broad spectrum of institutions are accumulating Bitcoin…
“# Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB ” Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a new high, Bitcoin’s market capitalization soared above $775 billion, taking it past Facebook’s market cap,…
“# Cardano’s market cap flips Bitcoin Cash (BCH) after ADA rallies by 100% ” The price of Cardano (ADA) rose more than 100% in the past week as it overtook Bitcoin Cash (BCH) to become the world’s sixth-largest cryptocurrency by market capitalization. There are two major factors behind ADA’s strong upsurge throughout the past several…
“# Price analysis 1/6: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB ” Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run. Some investors expressed their intent to hold their positions for a few years, but it is also prudent to note that many…
“# Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV ” Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth…
“# Price analysis 1/1: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV ” Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level. Institutional crypto…
“# Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV ” On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales. Data also…
“# Price analysis 12/28: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, XLM ” Several central banks have resorted to unprecedented monetary expansion and aggressive rate cuts to support their respective economies badgered by the coronavirus pandemic. Record liquidity has resulted in sharp rallies in the S&P 500, gold, and Bitcoin (BTC), which suggests…