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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin rebounds from $16,200 but stuck between stacks of critical support and resistance areas

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the all-time high at $20,000. Bitcoin lost a significant amount of its value on Thursday during the Asian session. The losses

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the all-time high at $20,000. Bitcoin lost a significant amount of its value on Thursday during the Asian session. The losses

Bitcoin
Bitcoin

MicroStrategy Founder Predicts Bitcoin Would Become Primary Treasury Reserve Asset

Microstrategy, business analytics, and mobility platform decided to convert a portion of their company’s treasury reserve and bought $400 million worth of Bitcoin back at the end of Q3, 2020. The company made a strategic decision to include a non-corelative asset like bitcoin in their portfolio to ensure a hedge against growing inflation and the

Microstrategy, business analytics, and mobility platform decided to convert a portion of their company’s treasury reserve and bought $400 million worth of Bitcoin back at the end of Q3, 2020. The company made a strategic decision to include a non-corelative asset like bitcoin in their portfolio to ensure a hedge against growing inflation and the

Bitcoin-bubble-Michael-Saylor-MicroStrategy
Bitcoin News
Bitcoin-bubble-Michael-Saylor-MicroStrategy
Bitcoin News

BTC’s 5% Crash Gives Peter Schiff One More Chance to Rant About Bitcoin Bubble

In a broader crypto market correction, Bitcoin has tanked over 5% slipping below $18,000 levels by losing more than $1000 in a flash. This crash comes just at a time when BTC was making efforts to surge past its all-time high of $20,000. At press time, BTC is trading 5.18% down at 17,847 with a

In a broader crypto market correction, Bitcoin has tanked over 5% slipping below $18,000 levels by losing more than $1000 in a flash. This crash comes just at a time when BTC was making efforts to surge past its all-time high of $20,000. At press time, BTC is trading 5.18% down at 17,847 with a

GBTC-3iQ-Galaxy-Digital
Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Bitcoin dives from multi-yearly high to $18,400 despite positive on-chain metrics

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

Bitcoin regulation
Altcoin
Bitcoin regulation
Altcoin

US National Intelligence Director Writes to SEC Over China’s Growing Dominance in Cryptocurrencies

China’s growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China’s

China’s growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China’s

Bitcoin gold stock markets
Bitcoin News
Bitcoin gold stock markets
Bitcoin News

VanEck Europe Launches Physical Bitcoin Backed ETN on Deutsche Börse Xetra

VanEck, one of the largest investment management firms has successfully launched a bitcoin-backed Exchange Traded Note (ETN) which is listed on Deutsche Börse Xetra. The investment management firm has been quite active in its approach to launch a Bitcoin Exchange Traded Product for quite some time. The firm spent most of 2019 trying to pursue

VanEck, one of the largest investment management firms has successfully launched a bitcoin-backed Exchange Traded Note (ETN) which is listed on Deutsche Börse Xetra. The investment management firm has been quite active in its approach to launch a Bitcoin Exchange Traded Product for quite some time. The firm spent most of 2019 trying to pursue

CME-Bitcoin-Futures-Open-Interest
Bitcoin News
CME-Bitcoin-Futures-Open-Interest
Bitcoin News

ETH-BTC Correlation Drops Below 50% Signalling Bull Run Ahead

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might be heading for a bull-run ahead very soon. The only time, the ETH-BTC correlation dropped below 0.5 was before the

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might be heading for a bull-run ahead very soon. The only time, the ETH-BTC correlation dropped below 0.5 was before the

Grayscale-Ethereum-Trust-ETHE
Bitcoin News
Grayscale-Ethereum-Trust-ETHE
Bitcoin News

Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value.

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value.

Uncategorized
Uncategorized

Bitcoin price rocket rally to $20,000 unstoppable, here is what to watch out for

Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical. BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000. Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised

Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical. BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000. Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised

Bitcoin
Bitcoin

Blockstream Alumnus Mike Schmidt Backed Brink Raises $150,000

Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise

Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise

GBTC-3iQ-Galaxy-Digital
Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Bitcoin could quickly rush to $20,000 so long as this crucial hurdle is shattered

Bitcoin battles the uphill task of breaking above $18,500, the channel’s middle boundary, and $19,000. The fear of missing out (FOMO), speculation, and excitement is likely to push Bitcoin to $20,000 if the $19,000 barrier is broken. The bullish cycle in the cryptocurrency market continues to catch momentum. Bitcoin has for the first time stepped

Bitcoin battles the uphill task of breaking above $18,500, the channel’s middle boundary, and $19,000. The fear of missing out (FOMO), speculation, and excitement is likely to push Bitcoin to $20,000 if the $19,000 barrier is broken. The bullish cycle in the cryptocurrency market continues to catch momentum. Bitcoin has for the first time stepped

paypal
Bitcoin News
paypal
Bitcoin News

Digital Fiat Currency Will Replace Paper Money-PayPal CEO

When asked about the threat to Bitcoin [BTC] from finance regulators PayPal CEO today in an interview to CNBC said that central banks will replace paper money with Digital fiat currencies that include cryptocurrencies, CBDCs and other stablecoins. It is to be noted that Paypal recently allowed users to buy Bitcoin [BTC] using fiat currency

When asked about the threat to Bitcoin [BTC] from finance regulators PayPal CEO today in an interview to CNBC said that central banks will replace paper money with Digital fiat currencies that include cryptocurrencies, CBDCs and other stablecoins. It is to be noted that Paypal recently allowed users to buy Bitcoin [BTC] using fiat currency

okex
Altcoin News
okex
Altcoin News

OKEx Starts Withdrawal Trials, Could Bulk Withdrawal Requests Trigger BTC Price Volatility?

OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since

OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since

Gabor Gurbacs
Bitcoin News
Gabor Gurbacs
Bitcoin News

No, Bitcoin [BTC] Is “Not” The Most Volatile Asset- VanEck’s Gabor Gurbacs

Contrary to popular belief, VanEck’s Gabor Gurbacs shared his report highlighting 112 stocks of S&P 500 which were more volatile than Bitcoin [BTC] in a 90 day period and 145 stocks YTD. Bitcoin [BTC] as an asset has largely been criticized for its high volatility, Mr. Gabor’s report provides a counter view to this widely

Contrary to popular belief, VanEck’s Gabor Gurbacs shared his report highlighting 112 stocks of S&P 500 which were more volatile than Bitcoin [BTC] in a 90 day period and 145 stocks YTD. Bitcoin [BTC] as an asset has largely been criticized for its high volatility, Mr. Gabor’s report provides a counter view to this widely

GBTC-3iQ-Galaxy-Digital
Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Last Week 3 Bitcoin Funds Added 24,337 Bitcoins as BTC Price Approaches $19,000

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly 25,000 Bitcoins. 3 Bitcoin funds bought up 24,337 BTC this week. There are only 21 million, and they're going fast. pic.twitter.com/jsP0sU4CF1

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly 25,000 Bitcoins. 3 Bitcoin funds bought up 24,337 BTC this week. There are only 21 million, and they're going fast. pic.twitter.com/jsP0sU4CF1

bitcoin cme gap filled
Bitcoin News
bitcoin cme gap filled
Bitcoin News

Bitcoin’s New Yearly High Makes it Bigger Than JP Morgan

Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon

Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon

bitcoin or gold sov
Bitcoin News
bitcoin or gold sov
Bitcoin News

Is BlackRock, World’s Largest Asset Manager Eyeing Bitcoin [BTC]?

Today was an interesting day for Bitcoin enthusiasts as CIO of world’s largest asset manager BlackRock in an interview to CNBC said he adores Bitcoin and cryptocurrencies are here to stay. Recently, Bitcoin managed to move above the $18,000 mark again after seeing a $1000 flash crash yesterday making its contention to be a true

Today was an interesting day for Bitcoin enthusiasts as CIO of world’s largest asset manager BlackRock in an interview to CNBC said he adores Bitcoin and cryptocurrencies are here to stay. Recently, Bitcoin managed to move above the $18,000 mark again after seeing a $1000 flash crash yesterday making its contention to be a true

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Back at $18K, Why This Rally is So Different From 2017

Bitcoin is back over $18,000 again and the momentum does not look like slowing down any time soon. Analysts are largely in agreement that this rally is very different from the 2017 one, and here’s why. A recent report by analytics provider Chainalysis has delved into the charts and metrics to conclude that this rally

Bitcoin is back over $18,000 again and the momentum does not look like slowing down any time soon. Analysts are largely in agreement that this rally is very different from the 2017 one, and here’s why. A recent report by analytics provider Chainalysis has delved into the charts and metrics to conclude that this rally

bitcoin time to moon
Bitcoin News
bitcoin time to moon
Bitcoin News

Bitcoin prepares for the ultimate upswing to $20,000; here is what to watch out for

Bitcoin Cash has sustained the uptrend, breaking multiple supply zones within an ascending parallel channel. BTC/USD must close the day above the channel’s middle boundary to avert potential losses and retain focus on $20,000. Bitcoin is in a self-made bullish cycle after breaking multiple key barriers and flipping them into crucial support areas over the

Bitcoin Cash has sustained the uptrend, breaking multiple supply zones within an ascending parallel channel. BTC/USD must close the day above the channel’s middle boundary to avert potential losses and retain focus on $20,000. Bitcoin is in a self-made bullish cycle after breaking multiple key barriers and flipping them into crucial support areas over the

Bitcoin-RSI
Bitcoin News
Bitcoin-RSI
Bitcoin News

Another New Entrant, Mariner Wealth Advisors Worth $35 Billion Set to Offer Bitcoin

Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to

Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to