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“# Bitcoin trader explains why BTC outperforming Ethereum is just ‘simple math’ ” Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is “simple math” given the growing institutional demand for BTC. BTC…
“# ‘Insane’ Bitcoin price consolidation means $48K is the new BTC support level ” Bitcoin (BTC) has seen “unreal” price consolidation since the start of February 2021 — and fundamental support is now at $48,000. According to on-chain monitoring resource Glassnode, the second month of the year has been a formative period for Bitcoin like…
“# Ethereum hits new all-time high near $2K as analyst says 2021 bull run is different ” Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView ETH sets sights on $2,000 Data from Cointelegraph Markets and…
“# Bitcoin whales continue to accumulate despite BTC price holding above $50K ” The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above $50,000. The increase in the number of whales…
“# PancakeSwap becomes the first billion-dollar project on Binance Smart Chain ” PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) sector with the recent surge in price helping the food-themed token become the first billion-dollar project on the Binance Smart Chain (BSC). Data from Cointelegraph Markets and Tradingview shows that…
“# 3 reasons why IOST price has risen 650% in 2021 ” Keeping up with the latest trends in cryptocurrency is a must for projects that want to stay relevant and continue to gain market share. The hype is currently swirling around decentralized finance (DeFi) and NFTs (non-fungible tokens) — and IOST is one protocol…
“# Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM ” Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has…
“# Bitcoin price eyes $63K next as rising BTC dominance puts altcoins at risk ” The current Bitcoin (BTC) price bull run seems almost unstoppable right now as BTC has just notched another new high on Feb. 17. The psychological barrier of $50,000 finally broke yesterday after multiple tests of this level in the previous week. In…
“# Bitcoin buys more gold than ever with one ounce now costing under 0.035 BTC ” Bitcoin (BTC) is now worth more in gold than at any time in its history as the largest cryptocurrency passes $50,000. Data noted by markets commentator Holger Zschaepitz on Feb. 17 confirms that one ounce of gold now buys…
“# Polkadot indicator? Data shows Bitcoin has been following DOT price for months ” Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization. Polkadot is a multi-chain protocol that has several “parachains,” similar to Ethereum Shards. DOT works on its proprietary technology called Substrate. The platform…