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“# Bitcoin price steady as $10B asset manager scoops up 10,000 BTC ” Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books. Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG,…
“# Bitcoin price dump ‘not going to happen’ as whales stay off exchanges ” A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said. In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average inflows to…
“# Price analysis 10/12: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, CRO ” Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher. <p dir=”ltr”>U.S. equity markets are nearing <a rel=”nofollow noopener noreferrer” target=”_blank” href=”https://www.cnbc.com/2020/10/11/stock-market-futures-open-to-close-news.html” data-amp=”https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2020/10/11/stock-market-futures-open-to-close-news.html”>all-time highs</a> on the hopes that Democrats and Republican will break their current stalemate…
“# $17K Bitcoin price a real possibility if bulls flip $12K to support ” Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the announcement that Square had allocated 1% of its cash reserves to BTC. This…
“# Short the Dollar: How Goldman’s Bearish Stance Uplifts Bitcoin Q4 Sentiment ” Goldman Sachs, the $71.4 billion investment bank, is reportedly bearish on the U.S. dollar. For Bitcoin (BTC), which has recently rallied above the dreaded $11,100 level, this could serve as a potential catalyst. Bitcoin is heading into the last two months of…
“# DeFi traders blame YFI price collapse on shorting by Alameda Research ” Yearn Finance (YFI) price has been in a serious rut during the past 2 weeks and many in the crypto community blame the sharp correction on Sam Bankman-Fried (SBF), the CEO of Alameda Research and FTX. In the past month, DeFi giant…
“# Dollar dip meets hash rate boom: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts the week above $11,000 as fresh gains continue to hold — is $12,000 next or will bears gain control? Cointelegraph takes five factors that could help decide whether this week is bullish or bearish for BTC…
“# Top traders go long after Bitcoin price rallies to key $11.5K resistance ” On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in a matter of…
“# Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM ” In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although…
“# More investors HODL Bitcoin in anticipation of a 2021 BTC bull market ” New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called “reflexivity” has been increasing in recent months. Woo explained that the indicator measures…