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

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

John Isige November 26, 2020

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

Prashant k Jha November 25, 2020

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

Prashant k Jha November 25, 2020

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

Bhushan Akolkar November 25, 2020

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

Bhushan Akolkar November 25, 2020

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

John Isige November 25, 2020

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

Prashant k Jha November 24, 2020

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

John Isige November 24, 2020

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

okex
Altcoin News
okex
Altcoin News

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

Prashant k Jha November 23, 2020

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

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

Largest Crypto Fund Manager Says Clients See Bitcoin as Inflation Hedge

Prashant k Jha November 22, 2020

Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top

Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top

Bitcoin News
Bitcoin News

What Happens When Bitcoin [BTC] Enters “Price Discovery Mode”?

Bhushan Akolkar November 21, 2020

Currently, at $18,727, Bitcoin (BTC) is looking for one final push above its all-time high of $20,000. However, this year’s rally is backed by major institutional participation with some big players in the financial space pouring millions of dollars into this digital gold. With the rising institutional participation, financial giants have started working out Bitcoin

Currently, at $18,727, Bitcoin (BTC) is looking for one final push above its all-time high of $20,000. However, this year’s rally is backed by major institutional participation with some big players in the financial space pouring millions of dollars into this digital gold. With the rising institutional participation, financial giants have started working out Bitcoin

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

Bhushan Akolkar November 21, 2020

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

Prashant k Jha November 21, 2020

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 News
Bitcoin News

Are Days Of Cash Over In Poker Industry? Bloomberg Reports Surge in Bitcoin Payout Requests

Prashant k Jha November 20, 2020

Bitcoin bull rally over the past week has seen its price achieve a new yearly high of $18,479 as the king coin is well-positioned to go past its all-time high. The massive price rally has also sent the greed index to an all-time high as more people want a piece of the scarce digital asset

Bitcoin bull rally over the past week has seen its price achieve a new yearly high of $18,479 as the king coin is well-positioned to go past its all-time high. The massive price rally has also sent the greed index to an all-time high as more people want a piece of the scarce digital asset

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

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

Prashant k Jha November 20, 2020

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

Martin Young November 20, 2020

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

John Isige November 20, 2020

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

Prashant k Jha November 19, 2020

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

No Picture
News
No Picture
News

International Security Giant Prosegur Launches Crypto Custody Service

Prashant k Jha November 19, 2020

Prosegur, the Spanish Security giant has joined the growing crypto league with the launch of its crypto custodian service Prosegur Crypto for institutional clients. Prosegur is based in Madrid and counted among the largest international security firms, it employees over 160,000 people worldwide. Its dive in the growing crypto custody market suggest the growing demand

Prosegur, the Spanish Security giant has joined the growing crypto league with the launch of its crypto custodian service Prosegur Crypto for institutional clients. Prosegur is based in Madrid and counted among the largest international security firms, it employees over 160,000 people worldwide. Its dive in the growing crypto custody market suggest the growing demand

Bitcoin-BTC-miners
Bitcoin News
Bitcoin-BTC-miners
Bitcoin News

Bitcoin Whales Dominate BTC Price Movement and Ownership Even Today

Bhushan Akolkar November 19, 2020

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still