Bitcoin (BTC) Sees Huge Accumulation Trend Amid 48% Surge in New Addresses

Renowned analyst Ali Martinez highlights market dynamics and participation amid changing Bitcoin prices

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Bitcoin’s Resilience Shines Amid Largest Decline of BTC Inflows and Supply in History

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Analyst: Bitcoin is headed for resistance amid FOMC bounce

Bitcoin (BTC/USD) is up 3.2% in the past 24 hours to currently trade around $21,671 and ease off lows seen on Tuesday when a number of negative news reports impacted sentiment. After hitting intraday lows of $20,780 on Tuesday amid reports of SEC investigations against crypto exchange Coinbase, and a Treasury Department probe on Kraken, […] The post Analyst: Bitcoin is headed for resistance amid FOMC bounce appeared first on Invezz.

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Guggenheim CIO Says Bitcoin Could Sink To $8,000 Amid Claim New All-Time High Unlikely Until 2024

Bitcoin, and the broader crypto market, have been struggling in recent weeks amid weak macroeconomic sentiment. In the interview with CNBC’s Squawk Box,...

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Bitcoin Finally Reaches New All-Time High Amid Bullish Monthly Close

The post Bitcoin Finally Reaches New All-Time High Amid Bullish Monthly Close appeared first on BeInCrypto.

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Bitcoin Slides Back Below $10K Amid Quick Bearish Sell-Off

Bitcoin has dipped back below the psychological area of support near the $10,000 level amid a 20 minute bearish sell-off.

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Bitcoin Mining Power Hits Fresh All-Time High

Bitcoin's hash rate reached record highs this week, amid rising prices and anticipation of the miner reward halving later this year.

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Bitcoin Eyes Price Breakout Amid US-Iran Tensions

Bitcoin is drawing bids amid heightened geopolitical uncertainty and could soon rise above key resistance at $7,580, confirming a short-term bullish breakout.

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China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall

With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto Miners According to Asia Times, authorities in Sichuan Province, China, are reportedly leaning on Bitcoin miners to cut down electricity consumption.

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Why Analysts Believe Ethereum Is Poised to Fall 20% Against Bitcoin

Altcoins have once again started to fall off, with Ethereum and XRP both plunging amid Bitcoin’s latest bout of volatility. According to an analyst going by Mac, it may soon get worse for the altcoin class.

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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season

Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies.

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Bitcoin ‘UTXOs in Loss’ at Record Highs Amid Price Sell-Off

A key metric is hovering at record highs, suggesting investors are likely holding bitcoins even when deep in the red.

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Bitcoin Shows Reversal Signs Amid Growing Bearish Sentiment

The Bitcoin price has been decreasing since October 25. Both the long- and the short-term analyses suggest that the price will soon make a bottom and begin a reversal. The market has been bearish throughout November/December, especially since the Bitcoin price broke down below $7000.

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Bitcoin Languishes at 3-Week Lows, Ethereum Erases Yearly Gains amid Mind-Boggling Crypto Correction

Bitcoin's sudden selloff on Tuesday highlights just how far cryptocurrencies have fallen the past six months. The post Bitcoin Languishes at 3-Week Lows, Ethereum Erases Yearly Gains amid Mind-Boggling Crypto Correction appeared first on CCN.com

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Bitmain Begins Expansion into South America

Bitmain is looking to establish a significant presence as it partners with two Bitcoin mining consulting firms. Meanwhile, co-founder Jihan Wu continues to consolidate his hold on the company amid an ongoing power struggle.

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Why Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000

Bitcoin didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it sits as of the time of writing this. At its lows, the cryptocurrency fell as low as $6,600, languishing as BTC buyers failed to step in amid selling pressure seemingly catalyzed by Chinese.

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Bear Trap? Bitcoin Slips to One-Week Low Amid Low Volumes

Bitcoin's recent $780 pullback lacks volume support from sellers and may be short-lived.

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Pound on Suspense Amid Boris v Corbyn Race

After months of more volatility than bitcoin, the British pound is now moving on a very straight line. Since October 18th, roughly when the election was called, it has clung... The post Pound on Suspense Amid Boris v Corbyn Race appeared first on Trustnodes.

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What the Crypto Markets Are Saying About the Future of Bitcoin

Bitcoin has been sliding amid a lack of capital inflows, raising questions about the future for bitcoin in the long-term.

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Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern

Bitcoin's price recovered on Wednesday following a brief stint at six-week month lows, as technical re-positioning fuled an 11% recovery. The post Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern appeared first on CCN.com

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Lebanese Bitcoiners Show How to Talk About Crypto At Thanksgiving

Amid civil unrest, bitcoin is helping some Lebanese get by. Emphasis on the word “helping.” Traditional social ties are as important as technology.

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Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff

Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes.

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Bitcoin Drops Below $7K as Traditional Markets Flatline

Bitcoin has fallen beneath the $7,000 psychological price range as global markets took a breather Saturday amid the ongoing trade dispute between the U.S and China.

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Bitcoin Premium Develops in Chile, Adoption Spreads in Colombia Amid Global Protests

One bitcoin is currently a bit more expensive in Chile than globally according to local media. They say the dollar rate in ordinary markets is 800 Chilean Pesos (CLP) to... The post Bitcoin Premium Develops in Chile, Adoption Spreads in Colombia Amid Global Protests appeared first on Trustnodes.

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Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil

Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.

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Bakkt Bitcoin Futures Set Record Volume Amid Market Downturn

The Bakkt Volume Bot (@BakktBot) reported that the exchange has today seen a record high for volume, so far moving $13. 4 million worth of contracts. This is happening as the Bitcoin market slips to recent lows, currently holding just above $7,000.

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Difficulty Bomb Sees Ethereum Block Rewards Drop by 1,000 ETH

Block reward on the Ethereum network is currently down by 1,000 ETH amid a slight increase in block time, signaling the emergence of yet another ‘difficulty bomb. ’ Miners, dApp projects, and hodlers will have some decisions to make regarding the difficulty bomb even as Ethereum moves towards a pivot to proof-of-stake (PoS) consensus.

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Amid Upheavals Across the World, Bitcoin Still Falls

106 people have been killed in Iran according to Amnesty International in the past few days that have seen a bank being burned. In Lebanon, they have shut down parliament.... The post Amid Upheavals Across the World, Bitcoin Still Falls appeared first on Trustnodes.

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Bank of America Shuts Former PayPal Exec’s Bank Account and may have also Closed Justin Sun’s

Tron (TRX) CEO Justin Sun is the latest crypto executive to have his account terminated by a Wall Street Bank. Ex-PayPal executive Roelof Botha, also suffered a similar fate with commentators highlighting the need for greater crypto adoption amid financial censorship from mainstream actors.

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Bitcoin Efforts Launched For Lebanon Amid Financial Crisis

Lebanon is on the verge of collapse with the parliament speaker comparing it to the Titanic. The central bank there has apparently engaged in what Nasser Saidi, a former central... The post Bitcoin Efforts Launched For Lebanon Amid Financial Crisis appeared first on Trustnodes.

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Indian Government Programs Add New Crypto Courses

The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India.

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Bitcoin CoinJoin transactions related to crypto-adoption: 1000x's Cedric Dahl

Bitcoin proponent and 1000x CEO, Cedric Dahl, recently featured on an edition of the What Bitcoin Did podcast to discuss Bitcoin's rise amid the darknet markets and its future adoption possibilities.

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Bakkt Bitcoin Futures Set New Record Amid BTC Dump

What is bullish for some is bearish for others. Bakkt’s physically-settled bitcoin futures contracts continue to gather momentum but the asset itself has retreated back below $9,000 as the bears get back in the game.

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Hong Kong Startup Launches LSE-Powered Bitcoin Spot, Futures Platform

A new LSEG-powered Bitcoin spot and derivatives exchange Atom Group has launched in Hong Long amid a tightening of the region’s crypto-regulatory regime

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Bitcoin Awaiting Slice of Investors’ Trillions in Cash Reserves

Wary investors are holding about $3. 4 trillion in cash, waiting for the right moment to enter the markets. This huge cash stockpile demonstrates investors’ worries amid the Sino-US trade conflict.

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Canadian Regulator Seizes Troubled Crypto Exchange

The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations.

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Ray Dalio Says ‘World Has Gone Mad’ and Bitcoin Crowd Cheers

Ray Dalio is making many friends in the crypto community after sounding the alarm about the perilous conditions in the financial system. In a post entitled “The World Has Gone Mad and the System Is Broken,” the billionaire hedge fund manager outlines why something has to give amid unsustainable circumstances comprised of free money, government […] The post Ray Dalio Says ‘World Has Gone Mad’ and Bitcoin Crowd Cheers appeared first on CCN.com

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New Hire to Head Digital Currency Research at the US Fed

The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.

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Bitcoin Price Hits $11.6K on Argentinian Crypto Exchange

Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium.

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Beijing Increases Censorship, Surveillance Amid Blockchain Push

The Beijing regime is all about control. It is a country where people have very little freedom of information or finance (apart from the very affluent).  While the state strives to be a world leader in blockchain technology, it still does not trust cryptocurrency, still heavily censors the internet, and still spies on its citizens.

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Bitmain Loses Bitcoin Mining Pool Dominance Amid Internal Issues

Antpool and BTC. com have lost a bit of their old glory, significantly shrinking the share of Bitcoin block rewards on a daily and weekly basis. The BTC mining pools, headed by Bitmain, are still among the top four miners but have ceded their leadership to F2Pool and Poolin.

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Bitcoin Price Stays Stable despite Federal Reserve Cuts Rates

Coinspeaker Bitcoin Price Stays Stable despite Federal Reserve Cuts RatesFor the third time this year, the U. S. Federal Reserve has cut interest rates amid a global economic slowdown.

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Libra, Facebook’s questioning by Congress a big distraction for Bitcoin ecosystem

As Bitcoin surged amid questions of its bearish movement, many in the industry turned to crypto-analysts to explain the reason behind the king coin’s unpredicatble volatility. Jon Najarian, Chicago Bears’ linebacker turned Options trader, interviewed Bitcoin advocate Charlie Shrem for his opinion on the same.

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Bitcoin Is 30% More Attractive For Argentinians Than Physical Dollars

“Long Bitcoin, short bankers” — a slogan tirelessly used by maximalists like Anthony Pompliano, seems to have become Argentina’s motto as a result of President Mauricio Macri’s terrible administration leading the country to become the third most miserable economy in the whole world.

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Is Edward Snowden the Anonymous Bitcoin Time Traveler?

Amid Bitcoin’s best few days in months, infamous security expert Edward Snowden took to Twitter with a reference to an anonymous Bitcoin price prediction that would see the market reach $16,000 by October’s end.

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Bitcoin Price Chart Now Looks ‘Ridiculous’ After Record Gains: Analyst

Bitcoin sticks to $9K levels amid China boom

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3 Things Bullish for Bitcoin, According to Mike Novogratz

Bitcoin’s next major support line at $7,200 is likely to undergo a stressful test in the coming days as the asset struggles in the $7,500 range after Wednesday’s bloodbath. More than $500 was shed in a matter of minutes, giving investors virtually no time to react, as BeInCrypto had previously reported.

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What To Expect From Crypto Exchanges In 2020

So far, cryptocurrency has garnered a lot of mixed feelings, it can be argued that it has performed below expectations, although it has its highlights such as when Bitcoin hit an all-time high of $19,783.

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Bitcoin Hash Rate Approaching 120,000,000 TH/s Amid Market Crash

The Bitcoin Network is about to reach another hash rate milestone despite BTC falling more than $500 in a single day. Network Fundamentals Improving Despite Price Drop Data from Blockchain. com shows the Bitcoin Network hash rate currently at 114 quintillion hashes per second (114 million tera hashes per second — TH/s).

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