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Altcoin News

CoinShares: Weekly Investment Inflows In Crypto Funds Hit Record; ETH Set for Massive Market Changes

Big players seem to be consolidating their positions with the latest Bitcoin (BTC) price dip and the overall crypto market correction. Crypto fund manager CoinShares told Reuters, that weekly investment inflows in crypto funds hit a record $1.31 billion last week. Nearly 97% of the inflows went to Bitcoin while the world’s second-largest cryptocurrency Ethereum

Big players seem to be consolidating their positions with the latest Bitcoin (BTC) price dip and the overall crypto market correction. Crypto fund manager CoinShares told Reuters, that weekly investment inflows in crypto funds hit a record $1.31 billion last week. Nearly 97% of the inflows went to Bitcoin while the world’s second-largest cryptocurrency Ethereum

Altcoin News
Altcoin News

Gemini Singapore Extends New Token Offerings Including DeFi After Bank of Singapore Backs Crypto Assets

Singapore-based customers of the Gemini crypto exchange have good news as the company is offering its tokens offerings including a wide range of altcoins and some popular DeFi tokens. As per the latest announcement, 20 new tokens will be available for trading on Gemini Singapore including Uniswap (UNI), Sythetix (SNX), Yearn.Finance (YFI), Filecoin (FIL) and

Singapore-based customers of the Gemini crypto exchange have good news as the company is offering its tokens offerings including a wide range of altcoins and some popular DeFi tokens. As per the latest announcement, 20 new tokens will be available for trading on Gemini Singapore including Uniswap (UNI), Sythetix (SNX), Yearn.Finance (YFI), Filecoin (FIL) and

Bitcoin News
Bitcoin News

Rothschild Investment Corporation Reveals it Holds 30,454 shares of GBTC

Rothschild Investment Corporation, founded in 1908 in a filing with the SEC revealed that the company has increased its holdings of GBTC to 30,454 shares. The increase is of nearly 6,000 shares from its previous filing of the SEC. BTC institutional watch: In a filing this morning with the SEC, Rothschild Investment Corporation, founded in

Rothschild Investment Corporation, founded in 1908 in a filing with the SEC revealed that the company has increased its holdings of GBTC to 30,454 shares. The increase is of nearly 6,000 shares from its previous filing of the SEC. BTC institutional watch: In a filing this morning with the SEC, Rothschild Investment Corporation, founded in

RBI
Regulation News
RBI
Regulation News

Indian Central Bank RBI is Reportedly Exploring the Need of Cryptocurrency in Payment Sector

Reserve Bank of India (RBI), the Indian central bank is reportedly looking at the use cases of cryptocurrencies in the growing payment sector as per a report in the Economic Times. The Indian Central Bank reportedly released a booklet covering the journey of digital payment and settlements in India in 2020, where it suggested that

Reserve Bank of India (RBI), the Indian central bank is reportedly looking at the use cases of cryptocurrencies in the growing payment sector as per a report in the Economic Times. The Indian Central Bank reportedly released a booklet covering the journey of digital payment and settlements in India in 2020, where it suggested that

Bitcoin News
Bitcoin News

Marathon Patent Group Follows MicroStartegy to Buy $150 Milion Bitcoin From Treasury Reserves

Marathon Patent Group, a Nasdaq listed firm became the second publicly traded firm to convert a portion of their treasury cash into bitcoin after the firm announced on Monday that they have bought $150 million in Bitcoin at $31,135 apiece using its treasury cash. The decision to convert a portion of treasury cash into Bitcoin

Marathon Patent Group, a Nasdaq listed firm became the second publicly traded firm to convert a portion of their treasury cash into bitcoin after the firm announced on Monday that they have bought $150 million in Bitcoin at $31,135 apiece using its treasury cash. The decision to convert a portion of treasury cash into Bitcoin

One-River-Digital
Bitcoin News
One-River-Digital
Bitcoin News

Bitcoin Eyes $36k as it Breaks Out From 4-Day Range, Ethereum Breaks Key Resistance Against BTC

Bitcoin finally breached the $34,000 price resistance nearly after 4 days of consolidation between $30,000 and $33,500. The top cryptocurrency was trading at $34,443 at the time of writing with a 5% rise over the past 24 hours. The top cryptocurrency’s bull run slowed down significantly entering into the second week of 2021 after creating

Bitcoin finally breached the $34,000 price resistance nearly after 4 days of consolidation between $30,000 and $33,500. The top cryptocurrency was trading at $34,443 at the time of writing with a 5% rise over the past 24 hours. The top cryptocurrency’s bull run slowed down significantly entering into the second week of 2021 after creating

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Bitcoin News
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Bitcoin News

Bitcoin Searches in Argentina Spikes Significantly as Annual Inflation Rates Crosses 40%

Bitcoin searches have seen an unprecedented rise in Argentina when compared to the rest of the world, and many believe the reason could be its annual inflation rate which is currently about 40%. People from financially troubled nations look for assets that can help them store the value of their earnings thus bitcoin seems to

Bitcoin searches have seen an unprecedented rise in Argentina when compared to the rest of the world, and many believe the reason could be its annual inflation rate which is currently about 40%. People from financially troubled nations look for assets that can help them store the value of their earnings thus bitcoin seems to

Bitcoin News
Bitcoin News

JPMorgan: Bitcoin Traders Likely to Unwind Futures Positions

Bitcoin trades are more likely to unwind their futures position citing a slowdown in Bitcoin institutional participation, says JPMorgan! Just as Bitcoin (BTC) continues to face downward pressure over the last week, the institutional interest also seems to wane down at the moment. JPMorgan analysts think that Bitcoin price return to $40,000 seems to be

Bitcoin trades are more likely to unwind their futures position citing a slowdown in Bitcoin institutional participation, says JPMorgan! Just as Bitcoin (BTC) continues to face downward pressure over the last week, the institutional interest also seems to wane down at the moment. JPMorgan analysts think that Bitcoin price return to $40,000 seems to be

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin This Week: Bitcoin Plummets Below USD 30000 Mid-Week But Medium And Long Term Targets Seem Intact

Bitcoin (BTC), which was pretty much range-bound last week, saw a sudden bear attack as we moved towards the weekend. This sudden dip took bitcoin plummeting to USD 28,850 from a steady USD 35,600 in less than two days. While the bulls bought the near USD 29000 drop and the Bitcoin is back above USD

Bitcoin (BTC), which was pretty much range-bound last week, saw a sudden bear attack as we moved towards the weekend. This sudden dip took bitcoin plummeting to USD 28,850 from a steady USD 35,600 in less than two days. While the bulls bought the near USD 29000 drop and the Bitcoin is back above USD

Altcoin News
Altcoin News

Altcoin Price Action Analysis – Coins That Are At Key Technical Trade Locations, Volatility Expansions Imminent (ETH, LINK, DOT, LTC & XRP)

Key Daily and Weekly S/R levels to monitor RSI Bullish and Bearish Control Zones indicating strength/ weaknesses Price Discovery Modes with increasing volume nodes The ALT Coins that will be covered in this article are all at key trade locations where further expansions are highly probable. Having an understanding of price action with a holistic

Key Daily and Weekly S/R levels to monitor RSI Bullish and Bearish Control Zones indicating strength/ weaknesses Price Discovery Modes with increasing volume nodes The ALT Coins that will be covered in this article are all at key trade locations where further expansions are highly probable. Having an understanding of price action with a holistic

Bitcoin News
Bitcoin News

No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1

The possibility of any more Bitcoin (BTC) selling further seems to be negligible as of the current price levels. The on-chain SOPR (Spent Output Profit Ratio) indicator presented by Glassnode shows that it has reset to 1 after the recent price correction earlier this week. The SOPR indicator serves as a proxy to determine the

The possibility of any more Bitcoin (BTC) selling further seems to be negligible as of the current price levels. The on-chain SOPR (Spent Output Profit Ratio) indicator presented by Glassnode shows that it has reset to 1 after the recent price correction earlier this week. The SOPR indicator serves as a proxy to determine the

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Mining Difficulty Rises to ATH amid Market Wide Shortage of Mining Chips

Bitcoin mining difficulty has peaked to a new all-time-high almost for the first time in three months when the bitcoin bull run started towards the end of October 2020. The low bitcoin mining difficulty throughout the bull run suggests that there was less pressure on miners as the rising price compensated for them. 📈 #Bitcoin

Bitcoin mining difficulty has peaked to a new all-time-high almost for the first time in three months when the bitcoin bull run started towards the end of October 2020. The low bitcoin mining difficulty throughout the bull run suggests that there was less pressure on miners as the rising price compensated for them. 📈 #Bitcoin

Bitcoin News
Bitcoin News

Is Peter Schiff Secretly Accumulating Bitcoin? Schiff Gold Website Accepting BTC Payment

Peter Schiff, the well-known gold proponent who is often in the headlines for his Bitcoin rants has found himself in a tricky situation when Peter McCormack pointed out that his website Schiff Gold allows people to purchase gold using bitcoin and a few other altcoins. Now, this is awkward… https://t.co/iuia46BC3X pic.twitter.com/MA7gbe14TH — Peter McCormack (@PeterMcCormack)

Peter Schiff, the well-known gold proponent who is often in the headlines for his Bitcoin rants has found himself in a tricky situation when Peter McCormack pointed out that his website Schiff Gold allows people to purchase gold using bitcoin and a few other altcoins. Now, this is awkward… https://t.co/iuia46BC3X pic.twitter.com/MA7gbe14TH — Peter McCormack (@PeterMcCormack)

Altcoin News
Altcoin News

Grayscale Brings a Bunch of Altcoin Investment Products to Its Offerings, Continues BTC Buying

Digital asset manager Grayscale is further expanding into its product offering as the crypto market continues to gain maturity with time. The company has reportedly incorporated six more trusts for some of the lesser-known yet interesting altcoin projects like Chainlink (LINK), Tezos (XTZ), Basic Attention Token (BAT), and Filecoin (Filecoin). Grayscale has incorporated six more

Digital asset manager Grayscale is further expanding into its product offering as the crypto market continues to gain maturity with time. The company has reportedly incorporated six more trusts for some of the lesser-known yet interesting altcoin projects like Chainlink (LINK), Tezos (XTZ), Basic Attention Token (BAT), and Filecoin (Filecoin). Grayscale has incorporated six more

Bitcoin News
Bitcoin News

Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017

As reported by Bloomberg, the Grayscale Bitcoin Trust [GBTC] premiums fall by 40% during recent crypto meltdown as GBTC itself fall by 15% WoW. For the first time since March 2017, fall in prices of GBTC [15%] has outpaced that of Bitcoin itself [13%] on the weekly timeframe. Investors Might be Dumping Their Positions in

As reported by Bloomberg, the Grayscale Bitcoin Trust [GBTC] premiums fall by 40% during recent crypto meltdown as GBTC itself fall by 15% WoW. For the first time since March 2017, fall in prices of GBTC [15%] has outpaced that of Bitcoin itself [13%] on the weekly timeframe. Investors Might be Dumping Their Positions in

Bitcoin News
Bitcoin News

MicroStratergy Buys The Bitcoin Dip Again With $10 Million BTC Purchase

MicroStrategy, the software giant with over $1.3 billion bitcoin purchase in the past 6 months has bought the bitcoin dip again with a $10 million purchase at $31,808 apiece, taking their total bitcoin holding to 70784 worth $2.27 billion. MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury

MicroStrategy, the software giant with over $1.3 billion bitcoin purchase in the past 6 months has bought the bitcoin dip again with a $10 million purchase at $31,808 apiece, taking their total bitcoin holding to 70784 worth $2.27 billion. MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury

Bitcoin News
Bitcoin News

Market Correction Or Bull’s Strategy, Why this Bitcoin Dip Might be Bullish And Not Bearish?

On-chain Bitcoin metrics suggest that the price correction might play in bitcoin’s favor as whale accumulation has seen a significant surge over the past couple of days. Bitcoin price correction of 13% yesterday took it to below $30,000 level for the first time in 3 months, raising speculation about a long due market correction. 📈

On-chain Bitcoin metrics suggest that the price correction might play in bitcoin’s favor as whale accumulation has seen a significant surge over the past couple of days. Bitcoin price correction of 13% yesterday took it to below $30,000 level for the first time in 3 months, raising speculation about a long due market correction. 📈

Bitcoin News
Bitcoin News

Bearish Sentiment in BTC as Bitcoin Miners Dump BTC At Exchanges

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

Bitcoin Price Dips Below $30,000 as Coinbase Premium Goes to -122

At present, the Coinbase premium is running in negative at -122 suggesting the selling pressure is high and whales are more likely to sell than hodling. Coinbase Premium is the bitcoin price difference in USDT on Coinbase and Binance. During the peak of the bull season, the extensive buying by whales took the price of

At present, the Coinbase premium is running in negative at -122 suggesting the selling pressure is high and whales are more likely to sell than hodling. Coinbase Premium is the bitcoin price difference in USDT on Coinbase and Binance. During the peak of the bull season, the extensive buying by whales took the price of

Bitcoin News
Bitcoin News

De-constructing All The Myth and FUD Around Bitcoin Double-Spend and Inflation

No!! Bitcoin “DOUBLE-SPEND” Never Happened!! The Bitcoin blockchain is functioning just as normal and exactly how it should be!! Well, to take a gist of this, let’s take a look at the events in recent days and de-construct them sequentially. Bitcoin (BTC) price has corrected significantly in the last three/four days while taking a dip

No!! Bitcoin “DOUBLE-SPEND” Never Happened!! The Bitcoin blockchain is functioning just as normal and exactly how it should be!! Well, to take a gist of this, let’s take a look at the events in recent days and de-construct them sequentially. Bitcoin (BTC) price has corrected significantly in the last three/four days while taking a dip