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Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC
Ever since the Bitcoin halving on May 11, a mere 900 BTC have been generated every day, half of what has been mined before that day. At the time, BTC price was around $8,500, and legendary investor Paul Tudor Jones had just come out with his Bitcoin bull thesis calling it the fastest horse as […] The post Bitcoin Shortage is Real; PayPal & Cash App Buying More Than 100% of All Newly-Issued BTC first appeared on BitcoinExchangeGuide. дальше »
2020-11-23 19:39 | |
PayPal purchased 70% of all newly-mined BTC over the past month
Payments giant PayPal bought up to 70% of all newly-mined BTC over the past month since it started offering crypto services on October 21 this year. Pantera Capital, a hedge fund manager, unveiled this news in its most-recent monthly blockchain letter, adding that combined with Square’s Cash App, the two firms are purchasing more than 100% of all newly-issued BTC. дальше »
2020-11-24 14:55 | |
“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month
Crypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week. The post “Bitcoin shortage”: PayPal bought 70% of all mined BTC last month appeared first on CryptoSlate. дальше »
2020-11-23 14:53 | |
Analyzing Bitcoin: You may have been using the wrong metric all along
At the time of writing, Bitcoin was trading at $18,092, having recovered from a dip that took it below the crucial level. If BTC does close above $18,000, it will have done so for 2 days in a row, witThe post Analyzing Bitcoin: You may have been using the wrong metric all along appeared first on AMBCrypto. дальше »
2020-11-23 23:30 | |
Bitcoin Reaches a Critical Junction; What Analysts are Watching For
It has been a wild past few weeks for Bitcoin and the crypto market, with the benchmark cryptocurrency posting massive gains while the rest of the market also shows continuous signs of strength Altcoins are beginning to take the spotlight as BTC’s rally begins stalling, with the selling pressure at $19,000 slowing its ascent while Ethereum and smaller altcoins all rocket higher Where BTC trends in the near-term will depend entirely on its continued reaction […] дальше »
2020-11-22 22:00 | |
Bitcoin At Crossroads With Its Biggest Bearish Fundamental: US Treasury
Bitcoin was heading upwards on Friday in anticipation of closing another week in gains (including the weekend). The BTC/USD exchange rate continued its upside momentum as it jumped $18,000, a psychological resistance level, all over again. дальше »
2020-11-21 16:53 | |
Bitcoin and Ether Market Update November 19, 2020
Total crypto market cap added 32 billion to its value for the period since Monday morning and now stands at $492 billion. Top ten coins are all in red for the last 24 hours with Chainlink (LINK) and bitcoin (BTC) posting the biggest losses by erasing 3. дальше »
2020-11-19 15:00 | |
Here’s Why Crypto Analysts Are Divided Over The Future Of Altcoins
Over the last few weeks, Bitcoin has been rising without pause, absorbing all of the capital out of the crypto market and causing altcoins to bleed on BTC pairs. BTC dominance finds itself at a crucial resistance level, and some of the brightest and best crypto analysts in the community, are divided over the future […] дальше »
2020-11-17 04:00 | |
If History Rhymes, Bitcoin Will See Steep Corrections Before New Highs
Bitcoin is clearly in a full-blown bull market, with each dip being aggressively absorbed by buyers as it continues grinding higher Unlike BTC rallies of the past, this latest one has mainly been a slow grind higher, which is a testament to the crypto’s maturation as an asset It has seen a few strong pullbacks throughout the course of this recent push higher, but it is important to note that buyers have quickly reversed all […] дальше »
2020-11-17 02:00 | |
This On-Chain Metric Suggests Bitcoin is “Vulnerable” to Seeing Major Downside
Bitcoin has faced some intense buying pressure throughout the past few hours, allowing its price to see some immense gains. This upside comes as Ethereum and the rest of the altcoin market all consolidate, with attention shifting back towards BTC. дальше »
2020-11-16 19:56 | |
Russia: New amendment proposes imprisonment for non-declaration of crypto-transactions
The cryptocurrency market has been all the rage lately, given its performance during the COVID-19 pandemic. Now that Bitcoin is once again surging on the charts, it is unlikely that BTC will stay awayThe post Russia: New amendment proposes imprisonment for non-declaration of crypto-transactions appeared first on AMBCrypto. дальше »
2020-11-12 19:10 | |
These Factors All Suggest Bitcoin is Poised to Explode Past $16,000
Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] дальше »
2020-11-10 02:00 | |
Only 33 Days And Dwindling Remain Where Bitcoin Wasn’t Profitable
This week, Bitcoin nearly touched $16,000, leaving very few days remaining where buying BTC would have been unprofitable. In fact, the number has now dwindled down to just around a month left, and in no time at all, there could be no days left where buying the cryptocurrency was a bad decision. Bitcoin Has Been […] дальше »
2020-11-7 04:00 | |
Bitcoin and Ether Market Update November 5, 2020
Total crypto market cap added 11. 4 billion to its value for the period since Monday morning and now stands at $413. 6 billion. The top ten coins were all in green for the last 24 hours with ether (ETH) and bitcoin (BTC) being the top performers with 6. дальше »
2020-11-6 16:55 | |
YFI Continues to Tank, Wiping Out All the Gains It Made Since It Plowed Through BTC’s ATH in August
YFI is not having a good day. As a matter of fact, the popular DeFi token didn’t have a good week or month either. Falling out of the top 50 coins, YFI is currently trading around $8,500 down 12. дальше »
2020-11-4 17:31 | |
Bitcoin, Ether, and XRP Weekly Market Update November 2, 2020
The total crypto market cap added $5. 6 billion to its value for the last seven days and now stands at $402. 4 billion. The top 10 currencies were all in red for the same time period with the only exception being bitcoin (BTC) which increased by 5. дальше »
2020-11-3 17:30 | |
Analyst: DeFi Assets Likely to “Nuke” 50%+ if Bitcoin Doesn’t Moon
Bitcoin has been consolidating throughout the past few days while altcoins continue losing value This trend has been well-defined throughout the past few weeks, showing that investors and traders alike are all currently focused on the benchmark cryptocurrency Although many analysts expect there to be some sort of capital rotation event out of BTC and into altcoins at some point, it’s unclear when this may take place DeFi assets have been hit the hardest by […] дальше »
2020-11-1 19:00 | |
Almost 1% of all Bitcoin in circulation is now used on Ethereum
One of the biggest focuses of this past year in DeFi has been the rapid rise of Wrapped Bitcoin, tBTC, and other projects that allow investors to deposit their BTC in exchange for an Ethereum-based token representing a claim on that Bitcoin. дальше »
2020-10-31 19:00 | |
ProBit Exchange Lists IVY for Live Trading
IVY has been listed on ProBit Exchange including both KRW and BTC markets for trading. As mining is predominantly encompassed by several mining rigs and generates considerable resource demands, IVY Spin Mining helps lower the entry barrier to enable all smartphone users to generate passive mining rewards with IVY SPIN COINS (ISC). The platform provides […] дальше »
2020-10-30 23:38 | |
Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support
Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »
2020-10-29 02:00 | |
How would you trade $1000 in BTC, ETH, and other alts in Nov 2020?
From Microstrategy’s $500 Million investment in Bitcoin to PayPal’s integration of crypto, in the past three months, we have seen it all. November 2020 is unlike any month since 2018. Bitcoin is tThe post How would you trade $1000 in BTC, ETH, and other alts in Nov 2020? appeared first on AMBCrypto. дальше »
2020-10-28 17:00 | |
Ethereum Rebounds Following Recent Nosedive; What Analysts are Expecting
Ethereum has been taking a beating throughout the past few days as all eyes closely watch Bitcoin The crypto has been severely underperforming BTC as of late, with the benchmark digital asset seeing a sharp rise in market dominance as altcoins stagnate This could be due to ETH and other alts lagging, which would indicate that a sharp move higher is imminent in the near-term One analyst is noting that a reclaim of $410 is […] дальше »
2020-10-27 23:00 | |
One of Asia’s Largest Banks, DBS, Launches Fiat-to-Crypto Exchange; Opens with BTC, BCH, ETH, & XRP
2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets. дальше »
2020-10-27 16:31 | |
YFRM Trading Opens on ProBit Exchange
ProBit Exchange has officially opened trading for YFRM on October 26 with KRW, BTC, and USDT pairs. A trading competition will also launch on October 30 at 16:00 KST including all 3 aforementioned pairs with the event featuring 4 YFRM for the top 20 net traders. дальше »
2020-10-26 14:22 | |
Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation
Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »
2020-10-24 23:00 | |
Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies
Bitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally came to an end This momentum appears to be the result of a confluence of different factors, including growing BTC adoption amongst corporations Just today, PayPal announced that they are planning to rollout cryptocurrency buying, selling, and storage features to all of their users Bitcoin, […] дальше »
2020-10-22 02:00 | |
Determining If Bitcoin’s Count Is Bullish or Bearish
On Oct 20, the Bitcoin (BTC) price moved above the $12,050 resistance area, regaining all of the losses stemming from the early September fall. Despite this move, it’s not yet clear whether this is a new upward move or an upwards correction. дальше »
2020-10-22 22:30 | |
Trivia: The Bitcoin Block Reward of 6.25 BTC Corresponds to the Percentage of Coins (6.25%) Issued This Halving, Same For All Halvings
Who knew that when Satoshi Nakamoto was mining 50 bitcoins per block, he was also mining 50% of all coins to be issued during what was meant to be four... дальше »
2020-10-18 14:56 | |
OKEx sees massive Bitcoin (BTC) deposit after freezing withdrawals
Recently, major crypto exchange OKEx announced that all withdrawals will be frozen for the time being, meaning that all of the money that enters the exchange will be stuck there until further notice. дальше »
2020-10-17 12:39 | |
Are Bitcoin And S&P 500 Prices Correlated With Each Other?
The price of the S&P 500 Index (SPX) has regained all of its losses from the beginning of March and reached a new yearly high. Since March, the movements of the Bitcoin (BTC) price and the SPX have mirrored each other. дальше »
2020-10-16 10:12 | |
This Whale Trend Indicates a Flood of Retail Investors Will Soon Launch Bitcoin Higher
Bitcoin’s price action as of late is finally beginning to reflect the fundamental strength incurred throughout the past several months Virtually all on-chain metrics are currently playing in bulls’ favor, while other fundamental developments – like the adoption of BTC as a reserve asset – also give it a boost This fundamental strength may be what helped lead the cryptocurrency up from recent lows of $9,900 to highs of $11,700 that were tapped just days […] дальше »
2020-10-14 02:00 | |
Ripple CTO David Schwartz Regrets Dumping Massive Trove Of Ethereum, BTC, And XRP In 2012
The Chief Technology Officer at San Francisco-based blockchain firm Ripple, David Schwartz, is kicking himself. Schwartz sold significant amounts of ethereum, BTC, and XRP back in 2012. All told, he would have made a couple of million bucks if he held on to his assets to date. It all started when a Twitter user by […] дальше »
2020-10-13 19:54 | |
An Educational Initiative Gave $50 In BTC To Spanish Legislators In An Effort To Familiarize Authorities With Crypto
A crypto advocacy program in Spain sent all the 350 members of the country’s lower house, or the Congress of Deputies, $50 in bitcoin as part of an educational campaign aimed at giving the lawmakers a hands-on experience using blockchain technology and crypto-assets. дальше »
2020-10-13 23:33 | |
BitMEX Loses its Dominant Position; Competition Among Binance, ByBit, & Others Heating Up
Since starting the month, the price of bitcoin has weathered numerous storms. From KuCoin’s $281 million hack, US President Donald Trump testing coronavirus positive, UK’s FCA banning crypto derivatives to FATF red-flagging hardware wallets, Europol prioritizing privacy wallets, and of course, BitMEX’ indictment, BTC held through it all. дальше »
2020-10-12 16:21 | |
Is FTX CEO Accelerating the Deep DeFi Rout?
After going through a deep pullback in the past month, most of the DeFi tokens struggle to let go of the losses. Although the news of Square buying $50,000,000 worth of BTC has sent the market into a tisy, not all coins are moving out of the red. дальше »
2020-10-8 18:43 | |
Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers
An initiative by the Chamber of Digital Congress made $50 BTC contributions to all 535 members of Congress with bitcoin mined by U.S. operations. The post Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers appeared first on Bitcoin Magazine. дальше »
2020-10-8 22:51 | |
Here’s Why An Outspoken Bitcoin Supporter, Hedgeye Risk Management CEO, Sold All His BTC
Keith McCullough, the chief executive officer of Hedgeye Risk Management, has sold all his Bitcoin to get back into the USD. McCullough actually has been an outspoken Bitcoin supporter for some time now, but yesterday, he announced on Twitter that he is exiting his bitcoin position. дальше »
2020-10-8 20:23 | |
ETH hash rate hits all time high, mining it is 3X more profitable than BTC
The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018
дальше »2020-10-8 04:26 | |
Hedgeye Chief Keith McCullough Bails on Bitcoin, Blames Lack of Stimulus
With the bitcoin price stuck in a narrow range lately, some investors are calling it quits. Hedgeye Risk Management Founder Keith McCullough has bailed on bitcoin, announcing in a tweet that he has sold all of his BTC. дальше »
2020-10-7 00:30 | |
Your Fast Track Guide to Profiting with Cryptocurrencies
As you may have already heard, cryptocurrencies have a record of being one of the most profitable investment classes of all time. After all, the cryptocurrency market has exploded from $4 billion to over $350 billion in the last five years, while cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) have appreciated by well […] дальше »
2020-10-7 17:55 | |
Grayscale Now Owns 2.5% Of All Bitcoin In Circulation After Increasing Its Reserves By 17,100 BTC
Grayscale Investments, LLC offers institutional investors the simplest custodial solution. Through the Grayscale Bitcoin Trust (GBTC), high-net-worth investors and institutions can gain bitcoin exposure without having to hold the asset. дальше »
2020-10-1 19:33 | |
KuCoin Hack Update: 11 Crypto Projects Freeze the Stolen Tokens
Over the weekend, KuCoin lost about $275 million in BTC, XRP, BSV, XLM, TRX, stablecoins, ETH, and other ERC-20 tokens in a security breach. As we reported, the cryptocurrency exchange took full responsibility for the hack, obviously, and promised to cover all the losses through its Insurance Fund. дальше »
2020-9-29 16:31 | |
When This Signal Flashed in 2017, Bitcoin Gained 1,500%. It’s Back Again
Bitcoin has flatlined over recent weeks, entering a trading range between $10,000 and $11,000. On a macro basis, not all analysts are convinced that BTC is in a full-blown bull market. There are a number of resistances above Bitcoin’s current price that could mark highs of a medium-term rally. дальше »
2020-9-27 08:08 | |
Lightning Network’s Ready for the Next Step in its Evolution; Bitcoin Capacity Across Channels Hits Peak
The cumulative capacity across all channels on the layer 2 solution of bitcoin Lightning Network has hit an all-time high at 1,106 BTC, worth about $11. 8 million at current bitcoin prices, as per 1ML. дальше »
2020-9-25 20:54 | |
Binance continues European rollout of its Binance Visa Card
Binance, the popular crypto exchange and blockchain company, today announced the expansion of its Binance Visa Card to all eligible users from the European Economic Area (EEA). Binance Visa Card now supports NFC payment apps, including Google Pay and Samsung Pay, offering more ways to convert and spend BTC, BNB, SXP, and BUSD to fiat […] CryptoNinjas » Binance continues European rollout of its Binance Visa Card дальше »
2020-9-17 11:24 | |
“Very Anti-Bitcoin” Podfather, Adam Curry, Shills BTC on Joe Rogan Podcast
Podfather Adam Curry recently came on Joe Rogan’s Podcast, and he had all the praises for the crypto king: Bitcoin. Interestingly, Curry wasn’t a bitcoin enthusiast until the government’s monetary policies and bitcoin’s store of value changed his stance on the leading digital currency. дальше »
2020-9-9 17:25 | |