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“# Bitcoin price hits $23K as on-chain analyst says $55K is the ‘next landmark’ ” Bitcoin price (BTC) has surpassed the $21,000-$22,000 resistance range to rise above a new high of $23,000 on Dec. 17. Meanwhile, on-chain analyst Willy Woo now says $100,000 is a “ridiculously low” target. BTC/USD weekly chart (Bitstamp). Source: Tradingview The…
“# Bitcoin shortage as Wall Street FOMO turns BTC whales into ‘plankton’ ” Bitcoin (BTC) is seeing a new kind of “flippening” above $20,000 as its original whales keep selling their coins to bigger institutional buyers. Data from on-chain analytics service CryptoQuant shows that despite long-term investors rushing to offload BTC at a profit, buyer…
“# DeFi hype and upcoming mainnet upgrade back Zilliqa’s (ZIL) 69% rally ” In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins that reside outside of the…
“# Bitcoin price hits $21,569 as Dave Portnoy misses out on $160K ” The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The recent rally to $21,569 on Coinbase at approximately 11:15 PM UTC,…
“# Record $7.9B Bitcoin futures open interest shows bears are watching BTC price ” Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to…
“# Price analysis 12/16: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Crypto traders and investors received an early Christmas gift today as Bitcoin (BTC) price cleared the $20,000 psychological milestone for the first time in history. Today’s breakout is equally significant as it serves to heal the scars of the traders…
“# Ethereum smashes past $600 as CME unveils ETH futures product ” Ether (ETH) has followed the breakout above $20,000 for Bitcoin (BTC) on Dec. 17, boosted by some big news from the Chicago Mercantile Exchange (CME). The CME just announced that they’d be launching Ether futures in 2021. “Based on increasing client demand and robust growth…
“# Bitcoin price hits $20,000 for the first time in history ” The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high. BTC/USD weekly chart. Source: Tradingview At the same time, this rally is…
“# Bitcoin hits 2-week high breaking last big resistance before $20K ” Bitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000. Cryptocurrency market overview from Coin360. BTC price highest since Dec. 1 Data from Cointelegraph Markets, TradingView and Coin360 showed BTC/USD…
“# Bitcoin averaging 200% gains per year proves it’s ‘eating the world’ — Raoul Pal ” Bitcoin (BTC) is “eating the world” thanks to ten-year returns of over 6,200,000% and annualized returns of roughly 200% per year, investment strategist Raoul Pal has said. In a tweet on Dec. 15, Pal revisited his oft-quoted phrase as…