Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which
Month: December 2020
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Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to $28,600 the price rejected with a sharp correction to $27,300. Daily cryptocurrency market performance. Source: Coin360 Today’s move to $29,000
Bitcoin careened to another record high on Wednesday amid concerns about this year’s huge stimulus packages. The flagship cryptocurrency continued to attract capital from investors that view it as a hedge against fiat devaluation and inflation. On Tuesday, SkyBridge Capital investment revealed that it had invested about $182 million in Bitcoin ahead of its proprietary
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Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high. BTC price nails fresh all-time high Data from Cointelegraph Markets and TradingView showed BTC/USD tackle its existing historic top during trading on Wednesday. In a strong resurgence overnight, Bitcoin confirmed that it had no time for
Bitcoin has undergone an extreme rally over the past three months, pushing to $28,000. BTC now trades for $26,500 even after a slight correction. Analysts believe that there will be a tidal wave of capital entering the cryptocurrency space that will boost prices even more. Bitcoin Could Get Hit By Tidal Wave of Capital Bitcoin
Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple’s threatened U.S. lawsuit was felt throughout crypto markets. Cryptocurrency market overview. Source: Coin360 BTC price dips as Coinbase halts XRP trading Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD hitting lows of $25,830 during Tuesday trading. $27,000 support failed to hold
The price of bitcoin is skyrocketing, driving a rally of momentum trading that’s pushed its value higher than it’s ever been before. WSJ explains how bitcoin trading works, and why the volatile digital currency is reaching all-time highs. Illustration: Jacob Reynolds/WSJ WSJ Glossary Markets and economics are complex. It’s easy to be overwhelmed by a
Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible to segregate institutional investors from individual investors through on-chain data. However, the trend shows that investors with large capital are increasingly entering into the Bitcoin
Bitcoin has undergone an extreme rally over recent months, pushing to $28,000. Some fear that a pullback is starting to brew as the market shows signs of being overbought on a technical basis. Vijay Ayyar, head of business development with crypto exchange Luno in Singapore, recently said that he thinks the market is “close to
Earlier today, Bitcoin reached a new record high of $28,000. But what happens next? Will the price keep rising or dip here? Let’s talk. 🧠 FREE CRASH COURSE – Learn to securely buy, store and sell cryptocurrencies: https://louis-thomas.teachable.com/p/buying-bitcoin-crash-course 🧠 Want to get smart about crypto investing? Download my brain here: https://louis-thomas.teachable.com/p/crypto-investing-download-my-brain 🧠 My guide to
During a Christmas rally that has pushed the Bitcoin all time high mark ever higher, a pair of recent tweets indicate that a former critic of the digital currency is continuing to take steps towards a full-blown hodler conversion: billionaire investor and owner of the Dallas Mavericks Mark Cuban. The Tweet came on December 23rd,
Bitcoin has undergone an extreme rally since the October lows, pushing from $11,000 to $27,800 as of this article’s writing. Tim Draper thinks that BTC could hit $250,000 in the coming two years. Bitcoin Could Ten X From Here Bitcoin has undergone an extreme rally since the October lows, pushing from $11,000 to $27,800 as
Bitcoin (BTC) hit all-time highs of $28,400 before crashing thousands of dollars on Dec. 27 — the latest chapter in its Christmas trading frenzy. Cryptocurrency market overview. Source: Coin360 BTC price dips $1,900 in minutes Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD gain and then lose huge amounts in USD terms during trading
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Bitcoin’s rally has been marked by strong accumulation by long-term holders. The number of BTC on exchanges has decreased strongly in recent months, despite the rally. Analysts think that this can be attributed to institutional players buying Bitcoin for the long haul. These investments are expected to drive BTC higher over time as the supply
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin hits all-time high as major altcoins enjoy triple-digit gains
Market analysis on cryptocurrencies such as Bitcoin, the indices markets and commodities + occasionally some others. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that
While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating policies that stifle innovation, placing their countries at a disadvantage in the emerging digital economy. Decentralized finance was a major talking point going into
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