Category: BTCPAX

Why Bitcoin’s Big October Close is Good News For Institutions

Bitcoin had one of its best performing months this year and was just shy of its highest monthly close ever. This is important for a number of reasons, primarily from an institutional investment standpoint. Over the weekend, Bitcoin prices topped $14,000 for a brief moment which marks the asset’s highest level since January 2018.  The […]

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Bitcoin Price Prediction: BTC/USD Consolidates Ahead Of Potential Rally To $15,000

Bitcoin price elevated to new yearly highs of $14,100 just before the new month. BTC/USD consolidates between $13,600 and $14,000 before an imminent breakout towards $15,000. Bitcoin price smashed the crucial hurdle at $14,000 on Saturday as it welcomed the new month. A new yearly high was formed at $14,100. The trading in the last […]

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Bitcoin (BTC) Celebrates Its 12th Birthday Hitting $14,000, Its New 2020-High

Bitcoin (BTC) moves past $14,000 just on the day it turns 12. As per the chart on TradingView, Bitcoin hit a high of $14,089 before retracing back again. At press time, BTC is trading at a price of $13,822 with a market cap of $259 billion. Bitcoin has recovered 1000 points just in 48-hours after […]

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Deribit’s Sees Largest Bitcoin Options Trade

The world’s largest cryptocurrency, Bitcoin was being traded at $13,499 after a rather swift uptrend from $10,000. However, some market participants in the derivatives world appear to be aiming for at least $30,000 in the next three months. Crypto derivatives exchange Deribit revealed that the largest ever Bitcoin options has been filled on the platform. […]

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Bitcoin Technical Analysis: BTC Renews The Uptrend As $15,000 Beckons

Bitcoin bulls build upon the support at $13,000 and restart the journey eying $14,000 and $15,000. The path with the least resistance is upwards as highlighted by the golden cross and the MACD. Bitcoin retreated to the support at $13,000 where more demand was created by investors joining the market in anticipation of a rally […]

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Binance Overtakes BitMEX As Bitcoin’s Most Liquid Perpetual Swap

The dynamic of the cryptocurrency market keeps changing dramatically. Binance Futures is one such name in the industry whose cryptocurrency futures contracts platform from the stables of the innovative Binance crypto exchange, has continued to gain traction since its launch in September last year. Binance Takes Over Recent data showed that the once top crypto […]

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BTC Slips Below $13,000 As Crypto Market Comes Under Pressure Amid Stock Market Sell-off

After holding up well earlier this week against the stock market sell-off, Bitcoin finally enters correction slipping below the crucial $13,000 in a market-wide sell-off. At press time, Bitcoin (BTC) is trading 3.23% down at a price of $12,980 with a market cap of $240 billion. At press time, the overall cryptocurrency market looks under […]

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Gold Investors to Flip to Bitcoin (BTC), Says Investor Raoul Pal

Bitcoin’s inherent value-proposition remains so strong that even big players of the market are considering to dump traditional assets for Bitcoin (BTC). Popular market investor Raoul Pal has doubled-down on his Bitcoin bet calling BTC as the “supermassive blockhole”. In his latest comments, Pal suggests that Bitcoin will continue to distance instance from traditional assets […]

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Bitcoin Price Prediction: BTC Rally To $15,000 In The Offing

Bitcoin takes a hiatus at $13,800 but eyes glued on $15,000. The bellwether cryptocurrency has no significant resistance to $15,000 especially if the short-term hurdle at $14,000 is broken. Bitcoin not only hit new yearly highs but achieved June 2019 levels. The flagship cryptocurrency is on an upward roll, which seems unstoppable at the moment. […]

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Bitcoin Unfazed by Monday’s Stock Market Sell-Off, Beats Gold As A Hedge

Bitcoin-Gold-Stock Markets have been on investors’ radar throughout 2020. Interestingly, after Monday’s major sell-off in the stock market, BTC continues to show its strength and is trading above $13,4000 levels at press time. On Monday, Dow Jones (INDEXDJX: .DJI) corrected 650 points or 2.29 with other indices following the cue. This has been the biggest […]

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