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“# Corporate Bitcoin frenzy: companies now hold $15.3 billion in BTC ” As of Nov. 20, companies hold around 842,229 BTC or 4.54% of today’s Bitcoin (BTC) supply, according to the Clark Moody dashboard and data from Bitcointreasuries.org. This is equivalent to a staggering $15.3 billion at the current price of $18,200. Public companies and institutional…
“# Ethereum hits $500 for the first time since June 2018, outperforming Bitcoin YTD ” Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Cryptocurrency market overview from Coin360. Ether price sees $500 after more than 2 years…
“# DeFi tokens make triple-digit gains as Bitcoin price searches for support ” Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789. While this battle takes place and the bulk…
“# Bitcoin rally set to continue after BTC whales build buy walls near $17.2K ” According to analysis from Edward Morra, a popular Bitcoin trader, Coinbase and Bitfinex exchange now have major buy orders above $17,200. The emergence of major buy walls is important because on Nov. 18, BTC flash crashed to around $17,222. This…
“# Bitcoin rebounds to $18K after crucial support level holds — What’s next? ” Bitcoin (BTC) has seen a tremendous run, particularly since September, with BTC price surging from $10,500 to $18,400 — a rally of 75% in less than three months. What’s more, since March, BTC/USD has gained almost 400%, making it the best-performing…
“# Bitcoin price drop in 3, 2…1? Fear and Greed Index nears dangerous record high ” Bitcoin (BTC) is all but guaranteed a price drop if one sentiment metric is right about the state of the market. On Nov. 19, with BTC/USD lingering at $17,500, the Crypto Fear & Greed Index hit 94, nearly matching its…
“# Not just Wall Street: Quant trader explains why Bitcoin price is going up ” Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is…
“# Bitcoin analyst sees ‘perfect backdrop’ for $100K this bull cycle, $1M by 2035 ” Bitcoin (BTC) can hit $100,000 in five years and $1 million by 2035, Nugget’s News CEO Alex Saunders has told Cointelegraph. Speaking in an interview with Cointelegraph Markets analyst Michaël van de Poppe on Nov. 18, Saunders described current conditions…
“# 4 reasons why Bitcoin’s bull run is intact despite a surprise stop hunt ” After Bitcoin (BTC) price suddenly dropped from around $18,500 to $17,200, some traders began to question whether a local top had formed but there are multiple factors that suggest the bull run is still intact. Following the initial pullback, BTC continuously showed…
“# HODL your horses, Bitcoin options data says $18.5K is not a local top ” Earlier today, Bitcoin (BTC) price peaked at $18,476 after an impressive 35% bull run that appears to have started in early September. This powerful movement was followed by a correction to $17,000, a natural pullback. This adjustment led some investors…