A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs. Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start. That is the opinion of Read more…
The naked truth Bitcoin isn’t generous on clues In a new tweet, commodity trading veteran Peter Brandt opines that the actual price of Bitcoin is more important than any indicator when it comes to determining another pivotal move. Brandt explains that all indicators are actually derived from price, which makes them Read more…
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the Read more…
Bitcoin (BTC) has just surged by more than $250 in the last three hours to reclaim the $9,000 price point. Bitcoin is now trading at $9,157—up by four percent since yesterday as a result of a sudden increase in trading volume. The last month has been a particularly volatile period Read more…
Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Locke used to say: Let’s add the milk of data to the cereal of understanding! Bitcoin price We closed the day, May 25 2020, at Read more…
Weakening fundamentals Bears in control? Data provided by Glassnode shows that Bitcoin, the leading cryptocurrency by market cap, could enter bearish territory if its fundamentals don’t improve in the nearest future. The GNI index, which describes the overall state of the Bitcoin blockchain, has slipped to 60 this week. This represents Read more…
Argentina’s Financial Information Unit has ordered stricter monitoring of Bitcoin trading and other crypto transactions. Banks, credit card companies, exchanges, and other institutions have been asked to be on high alert and report “suspicious” activity. The move comes as the government battles the flight of devalued pesos from its economy, Read more…
The bulls are on the ropes Satoshi’s dirty tricks Prominent cryptocurrency trader and analyst Scott Melker has taken to Twitter to opine on Bitcoin’s price action after the world’s leading cryptocurrency dropped to the $8,700 level. He claims that short time frames look oversold, which might indicate at least a minor relief Read more…
Bitcoin loses strength versus the altcoins, which are more resistant to falls. The market is once again feeling fear, according to sentiment indicators. The XRP, the last one to reach the market share battle, shows strong growth potential. The cryptocurrencies market started the last week of May with significant drops Read more…
The collapse is about to begin Coming out on top Robert Kiyosaki, the author of international bestseller ‘Rich Dad, Poor Dad,’ has once again asked his followers to buy Bitcoin and precious metals (silver and gold) in a viral tweet. He says that dominos are ‘starting to fall’ amidst the ongoing crisis, Read more…