Bitcoin price in classic ‘Bull Pennant’ breakout as BTC whales go on buying spree
The latest BTC price jump above $65,000 has all the signs of a classic bullish breakout. Go to Source Powered by WPeMatico
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Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K
The number of “hodled” and presumably lost Bitcoin tokens continues to surge in sync with the BTC price. Go to Source Powered by WPeMatico
Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate. Go to Source Powered by WPeMatico
PayPal logs its largest Bitcoin volume since May BTC price crash
The world’s leading payment services provider processed $145.60 million worth of Bitcoin trades on the day BTC rallied to its record high of $67,000. Go to Source Powered by WPeMatico
Next Bitcoin price crash will be ‘shallower’ than 80%, says Pantera Capital CEO
Bitcoin price increases will also be less dramatic moving forward, the report suggests. Go to Source Powered by WPeMatico
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
Open Interest surged to $3.22 billion Thursday to levels not seen since February. Go to Source Powered by WPeMatico
Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin
Tesla’s Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February. Go to Source Powered by WPeMatico
CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report
Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals. Go to Source Powered by WPeMatico
Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market
The flagship cryptocurrency has closed October in profits seven out of nine times since 2013, raising hopes that it would be able to log a fractal bull run in the next 31 days. Go to Source Powered by WPeMatico
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story. Go to Source Powered by WPeMatico