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“# ‘Drive your lambos to the moon,’ says Lindsay Lohan in crypto promotion video ” The crypto bull season, and the accompanying hype, is undoubtedly upon us. Recalling some of the celebrities who got in on crypto during the historic winter 2017 market, actress Lindsey Lohan has now recorded a paid, promotional video for Bitcoin…
“# Bitcoin has actually only taken 2% of gold market cap, new data suggests ” Bitcoin (BTC) has much further to go to suck away even 10% of gold’s market cap than old data claims, a popular indicator reveals. Highlighting numbers from Bitcoin’s realized cap on Jan. 12, Ki Young Ju, CEO of on-chain analytics…
“# ‘Thankfully’ my son owns Bitcoin, says $140B asset management CEO ” Bitcoin (BTC) at $34,000 may have gained a new convert after billionaire investor Howard Marks admitted that he needed to change his “skeptical view.” In his latest investor memo dated Jan. 11, Marks, who is co-chairman and co-founder of the $140 billion Oaktree…
“# Altcoins move higher while Bitcoin price finds resistance near $35,000 ” On Jan. 12 Bitcoin (BTC) price rebounded slightly as the price attempted to re-enter the $37,000 range but at the time of writing increased selling is pushing the price back toward the $32,000 mark. While the bearish price action may have shaken out…
“# 3 Bitcoin price indicators prove pro traders are still bullish on BTC ” This week’s $11,000 drop occurred in just 32 hours and this definitely an important milestone for Bitcoin (BTC) price. Many mainstream media outlets perceived the correction as the start of a new bear market but data simply does not support this…
“# Here’s why IOST, Horizen (ZEN) and Avalanche (AVAX) surged as Bitcoin crashed ” Bitcoin’s (BTC) recent plunge could have been caused due to profit-booking by institutional investors, according to a report by crypto fund manager CoinShares. The report noted a sharp drop in institutional inflows during the first week of the new year and…
“# Synthetix (SNX), Compound (COMP) and Maker (MKR) soar as Bitcoin stabilizes ” On Jan. 11, Bitcoin saw a steep correction as it dropped to around $30,500. It began to recover swiftly after the initial correction, rallying above $36,000 in the next 24 hours that followed. DeFi tokens, including Synthetix (SNX), Maker (MKR), and Compound…
“# Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch ” The price of Bitcoin (BTC) rose 20% on Jan. 12 from $30,500 to around $36,600 across major exchanges. But while the rebound after the correction has been strong, there are two warning signs. BTC/USDT 1-hour price chart…
“# Where does this 28% Bitcoin price drop rank in history? Not even in the top 5 ” Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of The Breakdown Podcast, the period between…
“# Grayscale reopens crypto trusts for investment as Bitcoin price climbs ” Digital asset investment manager Grayscale has resumed accepting new investments into almost all of its cryptocurrency trusts. The investment manager had paused new inflows into six of its trusts in late December 2020, just as the six-month lock-up period for selling recently-purchased shares…