Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
What is “usually” an OTC transaction signals change is afoot among 2018 bear market buyers, says Whalemap. Go to Source Powered by WPeMatico
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What is “usually” an OTC transaction signals change is afoot among 2018 bear market buyers, says Whalemap. Go to Source Powered by WPeMatico
The vehicle manufacturer’s latest earnings report for the third quarter shows it’s made no changes to its Bitcoin holdings since its huge sell-off in the second quarter. Go to Source Powered by WPeMatico
The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020. Go to Source Powered by WPeMatico
Bitcoin and most altcoin prices have turned down and look to retest underlying support levels. Go to Source Powered by WPeMatico
For the past several weeks, we continued to see the cryptocurrency market trade sideways. The good news is that the bearish momentum is slowing down as Bitcoin and Ethereum prices are finding support and managing to hold above it. Like yesterday, when cryptocurrency markets continued to trade sideways, the trend continues today. The trading volume … Read more
The U.S. dollar may be finally ready to come down as the Eurozone says September annual inflation was the highest ever. Go to Source Powered by WPeMatico
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoin (BTC) has been trading under … Read more
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy, despite the global slowdown. Bitcoin was also back in the … Read more
Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets. Go to Source Powered by WPeMatico
Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject to this year’s annual records. Satoshi Nakamoto’s Bitcoin Enters the … Read more