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Bitcoin News
Bitcoin News

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

Prashant Jha 5 hours ago

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?

Prashant Jha 8 hours ago

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

Bhushan Akolkar 7 hours ago

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

Prashant Jha 11 hours ago

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

Bhushan Akolkar 13 hours ago

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

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Bitcoin News
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Bitcoin News

Craig Wright Bullies Two Websites to Take Down Bitcoin Whitepaper, Bitcoin.org Refuses

Prashant Jha 1 day ago

Craig Wright, the self-proclaimed Bitcoin creator is now threatening to take two websites bitcoin.org and bitcoincore.org to court for copyright infringement if they didn’t remove the bitcoin white paper from their platforms. Wright is infamous for threatening lawsuits against people and company’s who have called him out for his absurd lies and in most cases

Craig Wright, the self-proclaimed Bitcoin creator is now threatening to take two websites bitcoin.org and bitcoincore.org to court for copyright infringement if they didn’t remove the bitcoin white paper from their platforms. Wright is infamous for threatening lawsuits against people and company’s who have called him out for his absurd lies and in most cases

Bitcoin News
Bitcoin News

Bitcoin price breakdown targets $25,000 despite investor sentiment remaining positive

John Isige 1 day ago

Bitcoin slides under $33,000 risking a drop under $30,000, especially if the 50 SMA support fails to hold. Grayscale Investment’s consistent purchase of Bitcoin goes unnoticed as the market falls. Bitcoin is on the verge of a massive breakdown after losing a crucial support level. The pioneer cryptocurrency was rejected $38,000 again, opening the Pandora

Bitcoin slides under $33,000 risking a drop under $30,000, especially if the 50 SMA support fails to hold. Grayscale Investment’s consistent purchase of Bitcoin goes unnoticed as the market falls. Bitcoin is on the verge of a massive breakdown after losing a crucial support level. The pioneer cryptocurrency was rejected $38,000 again, opening the Pandora

Bitcoin News
Bitcoin News

Treasury Secretary Vs SEC chief, Bitcoin Future Hangs in Balance As Biden Appointee Choose Their Sides

Prashant Jha 1 day ago

Biden’s govt. already seems divided on Bitcoin as newly appointed SEC chief Gary Gensler is Bitcoin pro but Treasury Secretary appointee Janel Yellen called Bitcoin a FUD. The new Biden administration is taking over with promises of better healthcare, writing off student loans, and stimulus checks worth $2,000 for the Americans to cope with the

Biden’s govt. already seems divided on Bitcoin as newly appointed SEC chief Gary Gensler is Bitcoin pro but Treasury Secretary appointee Janel Yellen called Bitcoin a FUD. The new Biden administration is taking over with promises of better healthcare, writing off student loans, and stimulus checks worth $2,000 for the Americans to cope with the

Bitcoin News
Bitcoin News

BlackRock & Barclays Share Contrasting Views on Bitcoin (BTC), Institutional Game Gets Tough

Bhushan Akolkar 2 days ago

As Bitcoin (BTC) price continues to trade at a crucial junction, there’s a mix of views coming from institutions on Bitcoin. On Wednesday, January 20th, the world’s largest asset manager BlackRock filed with the U.S. SEC seeking exposure to bitcoin (BTC). On the other hand, Barclays clearly opposed the Bitcoin adoption among wealthy investor. BlackRock

As Bitcoin (BTC) price continues to trade at a crucial junction, there’s a mix of views coming from institutions on Bitcoin. On Wednesday, January 20th, the world’s largest asset manager BlackRock filed with the U.S. SEC seeking exposure to bitcoin (BTC). On the other hand, Barclays clearly opposed the Bitcoin adoption among wealthy investor. BlackRock

Bitcoin News
Bitcoin News

Bitcoin (BTC) Under Biggest Liquidity Crisis In Years, Selling Onwards Could be Dangerous

Bhushan Akolkar 2 days ago

After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits before it falls further, we would like to warn you that whales and institutions could be scooping your supply.

After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits before it falls further, we would like to warn you that whales and institutions could be scooping your supply.

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News

Major Thai Crypto Exchange Bitkub Temporarily Suspends Operation Post SEC Snub

Prashant Jha January 20, 2021

Bitkub, a Thailand based cryptocurrency exchange on Wednesday shut its desktop trading services temporarily to fix the problems leading to multiple outages in the past month owing to high trading volumes, reported Bangkok Post. The Thai Securities and Exchange Commission has directed the exchange to fix the problems with its platform within firms as traders

Bitkub, a Thailand based cryptocurrency exchange on Wednesday shut its desktop trading services temporarily to fix the problems leading to multiple outages in the past month owing to high trading volumes, reported Bangkok Post. The Thai Securities and Exchange Commission has directed the exchange to fix the problems with its platform within firms as traders

Bitcoin News
Bitcoin News

Chinese Govt. Executive Points Out Illegal Overseas Transfer of Assets in Crypto

Prashant Jha January 20, 2021

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information：Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information：Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out

Bitcoin price
Bitcoin News
Bitcoin price
Bitcoin News

Bitcoin Analyst Highlights On-Chain “Signals” For Bulls to Kick-In

Prashant Jha January 20, 2021

Bitcoin analysts are looking at Coinbase outflows and premiums as their immediate signals to predict the short term BTC price movements. Bitcoin price seems to be stuck between $35k-$40k having spent the past couple of weeks sitting between the same range after a massive correction of 10%. Whales Are Depositing Bitcoin on Exchanges The current bitcoin

Bitcoin analysts are looking at Coinbase outflows and premiums as their immediate signals to predict the short term BTC price movements. Bitcoin price seems to be stuck between $35k-$40k having spent the past couple of weeks sitting between the same range after a massive correction of 10%. Whales Are Depositing Bitcoin on Exchanges The current bitcoin

Bitcoin News
Bitcoin News

Bitcoin (BTC) Traders Resolve to Passive HODLing, Dormant BTC Whale Accounts on Rise

Bhushan Akolkar January 20, 2021

While Ethereum (ETH) has hit a new all-time high of $1439 on Tuesday, January 19, Bitcoin (BTC) seems to be strongly consolidating in the range between $35,000-$36,000. Although Bitcoin faces a strong resistance currently around $38,000, on the support side, it is holding well above $35,000. Recent data suggest that HODLing Bitcoin is turning popular

While Ethereum (ETH) has hit a new all-time high of $1439 on Tuesday, January 19, Bitcoin (BTC) seems to be strongly consolidating in the range between $35,000-$36,000. Although Bitcoin faces a strong resistance currently around $38,000, on the support side, it is holding well above $35,000. Recent data suggest that HODLing Bitcoin is turning popular

Bitcoin News
Bitcoin News

Former IMF Chief Economist Calls Bitcoin (BTC) A Classic Bubble

Bhushan Akolkar January 19, 2021

Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007) who had correctly predicted the 2008 financial crisis has recently spoken about Bitcoin (BTC). Rajan’s views are something that

Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007) who had correctly predicted the 2008 financial crisis has recently spoken about Bitcoin (BTC). Rajan’s views are something that

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

British Fund Manager Ruffer Reinstates Rising Institutional Interest in Bitcoin

Prashant Jha January 18, 2021

Ruffer, a British fund manager in its half-yearly review lauded bitcoin and its growing influence among institutions as its recently revealed portfolio of $730 million in Bitcoin along with its exposure through MicroStrategy and Galaxy Digital has more than doubled since its investment in the top cryptocurrency. The British Fund Manager recently revealed that it

Ruffer, a British fund manager in its half-yearly review lauded bitcoin and its growing influence among institutions as its recently revealed portfolio of $730 million in Bitcoin along with its exposure through MicroStrategy and Galaxy Digital has more than doubled since its investment in the top cryptocurrency. The British Fund Manager recently revealed that it

Blockchain News
Blockchain News

Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack

Prashant Jha January 18, 2021

Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their

Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their

Bitcoin News
Bitcoin News

Losing Bitcoin Keys Doesn’t Happen Anymore Says Galaxy Digital’s Mike Novogratz

Bhushan Akolkar January 18, 2021

Former Goldman Sachs hedge fund manager and CEO of Galaxy Digital – Mike Novogratz – has spoken about the most heated topic in discussion, Bitcoin private keys. Speaking to Yahoo Finance, Novogratz said that losing Bitcoin keys is a thing of the past and it doesn’t happen anymore. 'No one’s losing bitcoin anymore': bitcoin bull

Former Goldman Sachs hedge fund manager and CEO of Galaxy Digital – Mike Novogratz – has spoken about the most heated topic in discussion, Bitcoin private keys. Speaking to Yahoo Finance, Novogratz said that losing Bitcoin keys is a thing of the past and it doesn’t happen anymore. 'No one’s losing bitcoin anymore': bitcoin bull

Bitcoin News
Bitcoin News

Bitcoin Price All Set to Move up After two Quiet Weeks, Breaks Binance Whale Sell Wall at $36.5K

Prashant Jha January 18, 2021

Bitcoin price is currently trying to regain its position above $40,000 having spent the past two weeks in the $35k – $40k price range, after experiencing a near 23% drop last Monday. The Bitcoin whales are currently dominating the price behavior of the top cryptocurrency as most of them are currently on a selling spree

Bitcoin price is currently trying to regain its position above $40,000 having spent the past two weeks in the $35k – $40k price range, after experiencing a near 23% drop last Monday. The Bitcoin whales are currently dominating the price behavior of the top cryptocurrency as most of them are currently on a selling spree