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Bearish Sentiment in BTC as Bitcoin Miners Dump BTC At Exchanges

Bhushan Akolkar January 22, 2021

Bitcoin on-chain analysis is indicating that Bitcoin miners are dumping BTC at exchanges. Earlier, Bitcoin (BTC) tanked more than 13% earlier today going all the way below $30,000 levels. Although BTC has partially recovered and currently trading around $31,000 levels the bearish sentiment continues in the market as per on-chain data. Major points: F2P Pool

Bitcoin on-chain analysis is indicating that Bitcoin miners are dumping BTC at exchanges. Earlier, Bitcoin (BTC) tanked more than 13% earlier today going all the way below $30,000 levels. Although BTC has partially recovered and currently trading around $31,000 levels the bearish sentiment continues in the market as per on-chain data. Major points: F2P Pool

Bitcoin News
Bitcoin News

Institutional Buying, Grayscale Bitcoin Trust (GBTC) Buys Another 16,000 BTC Worth $590 Million

Bhushan Akolkar January 19, 2021

Amid the recent price volatility in Bitcoin (BTC), investors might be waiting on the sidelines for further correction. However, we might be reaching $40,000 levels once again sooner than expected. As per the data on Bybt.com, the Grayscale Bitcoin Trust (GBTC) has purchased another 16,000 Bitcoin in a single day taking its total BTC holdings

Amid the recent price volatility in Bitcoin (BTC), investors might be waiting on the sidelines for further correction. However, we might be reaching $40,000 levels once again sooner than expected. As per the data on Bybt.com, the Grayscale Bitcoin Trust (GBTC) has purchased another 16,000 Bitcoin in a single day taking its total BTC holdings

Bitcoin News
Bitcoin News

Bitcoin (BTC) Institutional Inflows Show No Signs of Slowing Down , Grayscale Bitcoin Trust Clocks $16.3 Billion

Bhushan Akolkar December 29, 2020

Wondering why Bitcoin (BTC) hasn’t corrected much from its all-time high above $28,000? Well, the institutional inflows into Bitcoin (BTC) shows no signs of slowing down despite the massive rally recently. Citing data from Bybt.com, crypto analyst Joseph Young shows that institutional inflows in the Grayscale Bitcoin Trust (GBTC) have been at their peak in

Wondering why Bitcoin (BTC) hasn’t corrected much from its all-time high above $28,000? Well, the institutional inflows into Bitcoin (BTC) shows no signs of slowing down despite the massive rally recently. Citing data from Bybt.com, crypto analyst Joseph Young shows that institutional inflows in the Grayscale Bitcoin Trust (GBTC) have been at their peak in