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“# Bitcoin could hit $146K long-term by ‘crowding out gold,’ says JPMorgan ” Drawing parallels between Bitcoin (BTC) and gold’s role as a hedge for investors has been popular for years. Until now, the stark discrepancy in the total market capitalizations of the two assets has limited these analogies to a significant extent. Gold, even…
“# The biggest winner of Bitcoin’s rally? Dogecoin. DOGE price soars 105% in one week ” Meme-based altcoin Dogecoin (DOGE) leads altcoin gains this week, pushing above 1 cent per token after a surprise endorsement from Australian adult film star Angela White. In an unlikely turn of events, White tweeted about her DOGE holdings and…
“# 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…
“# 5 factors show bulls control Ethereum price even after a 26% correction ” On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following four hours. What is clear is that investors are anxiously awaiting the CME’s ETH futures launch, which is scheduled for Feb. 8….
“# FT reveals Bitcoin headline on 12th anniversary of genesis block ” Bitcoin (BTC) received a fitting yet accidental birthday present on Jan. 4 as the Financial Times made it front-page news on the 12 anniversary of its genesis block. Released on Monday, the FT’s upcoming headline had already made the rounds on crypto social…
“# Bitcoin price dip to $27K costs Binance long traders a record $190M in liquidations ” Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows. According to on-chain analytics resource Glassnode, futures traders with long positions lost a total of $190 million on…
“# Bitcoin price dives to $27.7K to fill giant futures gap in biggest drop since $20K ” Bitcoin (BTC) lost $30,000 support on Jan. 4 as all-time highs gave way to a rapid retracement totalling thousands of dollars. BTC price dips $4,000 in 60 minutes Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD shedding…
“# All-time highs meet altseason: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is almost unrecognizable as it starts the first working week of 2021, retaining $30,000 support and hitting astronomical new highs. Hard to believe for hodlers, price action continues to wow as Monday gets underway, and attention is turning to…
“# Retail investors are largely uninvolved as Bitcoin price chases $40K ” There are many investors feeling validated in the cryptocurrency market now that Bitcoin’s price has established a new all-time high of $34,778. The last time Bitcoin (BTC) traded anywhere near this level was during the bull run of 2017, when it reached a…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, BNB, UNI ” Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of…