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“# Data says only 22% of Bitcoin supply left in circulation as BTC rally ‘far from done’ ” Bitcoin (BTC) investors are quickly storing most of the available coins away and they are not for sale, new data at the start of 2021 reveals. Statistics from on-chain analytics resource Glassnode originally released on Dec. 29,…
“# Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars ” Bitcoin (BTC) is continuing to rise to new heights above $35,000 on Jan. 6 as U.S. buyers on Coinbase further drive up the price. But the BTC futures market’s funding rate is also surging alongside futures open interest. The combination of a high…
“# One Bitcoin at $34K now buys one Tesla after Elon Musk has a Dogecoin Christmas ” Bitcoin (BTC) hodlers can now all own a Tesla electric car — as long as they have at least 1 BTC in their wallet. As BTC/USD crossed $34,000 at the weekend and went on to hit $35,600 on…
“# AAVE price soars to $123 all-time high as TVL rises and fundamentals improve ” As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the…
“# Hegic, Loopring, and FTX Token surge higher as Bitcoin price recovers ” Bitcoin price may have taken a temporary breather but the sharp correction below $30,000 did little to dismay the bullish sentiment of crypto market participants. The CME Bitcoin futures market reached an all-time high volume at $2.7 billion on Jan. 4 and…
“# 5 reasons why Bitcoin price just reclaimed $33,000 ” Two weeks ago, few investors would have expected Bitcoin (BTC) price to rally any higher than $20,000. In fact, most had forecast a $30,000 BTC price by mid-2022 or late 2023 at best. This means that many holders were likely caught by surprise as BTC price…
“# Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns ” Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC). As the United States government rolls out another round of “free” money to eligible residents, attention is fixed on how…
“# Is Bitcoin’s vertical rally in danger? Why $30K isn’t the only level to watch ” Bitcoin (BTC) had a tremendous 2020 as the BTC price rallied by 311% in 2020. In the shadows of Bitcoin, Ether (ETH) has also been seeing a fantastic year as Ether’s price rallied by an even bigger 475%. While…
“# The institutional herd is here: Bitcoin volume on CME, LMAX hits new records ” The daily volume of the CME Bitcoin (BTC) futures market and LMAX achieved a new all-time high on Jan. 4. The data show that the institutional demand for BTC is rapidly surging as major public funds continue to accumulate. Institutional…
“# XLM price gains 30% in a day as positive sentiment shifts from XRP to Stellar ” Stellar (XLM) is winning the battle of the blockchain payment networks against Ripple this week as sentiment flips in its favor. Data from monitoring resource The TIE confirms that long-term sentiment towards XLM is now higher than towards…