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Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities

New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, whale-sized BTC wallets declined by a similar margin. Clearly, there’s been a sizable shift in supply, but what exactly does this crypto wealth transfer signify? And is this bullish or bearish for the first-ever cryptocurrency? Supply Restrictions Give Cryptocurrencies Added Value That Isn’t Fully Understood Out of all of Bitcoin’s unique attributes that give it […] дальше »

2020-8-6 18:00


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Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed by a sharp retrace Bitcoin led the entire crypto market to rally higher overnight, with a continued defense of $8,800 […] дальше »

2020-5-28 02:00


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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means

Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […] дальше »

2020-5-2 02:00


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Is Russia’s New Prime Minister Good for Bitcoin?

Cryptocurrency is not money, while operations with it should be taxed – this and other statements were previously made by Mikhail Mishustin, who is now Russia’s new Prime Minister. Russia to Become a Digital Platform Nevertheless, despite the fact that Mishustin doesn’t seem to shift the government’s approach towards cryptocurrencies, he is an avid fan of digitalization, and this is a plus for the crypto world. дальше »

2020-1-17 00:00


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‘I Don’t See It Kicking Off’: Bitcoin Trader Skeptical Alt Season Will Return

Bitcoin must give up its share of the cryptocurrency market for altcoins to go to the moon again, a regular analyst has said. Altcoins Need $100B Cash Injection In an interview with crypto-focused BLOCKTV on September 18, trading guru Joe Saz argued crypto market conditions right now do not point to a rebirth of altcoins. дальше »

2019-9-19 15:00