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Category: bullish bitcoin
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‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
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Wife Leaves Husband After He Refused to Sell Bitcoin at $60K and Bought the Dip
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Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. As a consequence of the supply of mining rigs failing to meet the demand, some miners are now forced […]
The post Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market appeared first on Bitcoin News.
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Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. Instead, as the data shows, BTC is […]
The post Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market appeared first on Bitcoin News.
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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst on Bitcoin vs Gold Ari Wald, head of technical analysis at Oppenheimer, a major American investment bank […]
The post Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold appeared first on Bitcoin News.
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‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into cryptocurrencies add to the bullishness. Why Weiss Ratings Is Bullish on Bitcoin Weiss Ratings analysts […]
The post ‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year appeared first on Bitcoin News.
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