Category: BTCTUSD

Bitcoin (BTC) Under Biggest Liquidity Crisis In Years, Selling Onwards Could be Dangerous

After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits before it falls further, we would like to warn you that whales and institutions could be scooping your supply. […]

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Major Thai Crypto Exchange Bitkub Temporarily Suspends Operation Post SEC Snub

Bitkub, a Thailand based cryptocurrency exchange on Wednesday shut its desktop trading services temporarily to fix the problems leading to multiple outages in the past month owing to high trading volumes, reported Bangkok Post. The Thai Securities and Exchange Commission has directed the exchange to fix the problems with its platform within firms as traders […]

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Chinese Govt. Executive Points Out Illegal Overseas Transfer of Assets in Crypto

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information:Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out […]

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Breaking: Bitfinex and Tether Seek 30-day Extension to Produce Critical Financial Document Before NYAG

iFinex Inc, the parent company of both Tether and Bitfinex has filed for a 30-day extension for the submission of key documents about Tether reserves and other financial operations in the ongoing lawsuit filed by NYAG. Update letter for NYAG Tether case, ~30 more days of waiting everyone. See you around Valentine’s day https://t.co/NgozuAMDVY — […]

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Bitcoin Analyst Highlights On-Chain “Signals” For Bulls to Kick-In

Bitcoin analysts are looking at Coinbase outflows and premiums as their immediate signals to predict the short term BTC price movements. Bitcoin price seems to be stuck between $35k-$40k having spent the past couple of weeks sitting between the same range after a massive correction of 10%. Whales Are Depositing Bitcoin on Exchanges The current bitcoin […]

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Bitcoin (BTC) Traders Resolve to Passive HODLing, Dormant BTC Whale Accounts on Rise

While Ethereum (ETH) has hit a new all-time high of $1439 on Tuesday, January 19, Bitcoin (BTC) seems to be strongly consolidating in the range between $35,000-$36,000. Although Bitcoin faces a strong resistance currently around $38,000, on the support side, it is holding well above $35,000. Recent data suggest that HODLing Bitcoin is turning popular […]

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100 Million USDT Moved From Tether [USDT] Treasury, Analyst Peter Brandt Casts Doubts Over Tether & BTC Pumps

100 Million Tether [USDT] were recently moved from Tether treasury to an unknown wallet and it was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a coincidence? Many notable analysts including Peter Brandt have compared Tether [USDT] similar to the money […]

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Former IMF Chief Economist Calls Bitcoin (BTC) A Classic Bubble

Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007) who had correctly predicted the 2008 financial crisis has recently spoken about Bitcoin (BTC). Rajan’s views are something that […]

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Institutional Buying, Grayscale Bitcoin Trust (GBTC) Buys Another 16,000 BTC Worth $590 Million

Amid the recent price volatility in Bitcoin (BTC), investors might be waiting on the sidelines for further correction. However, we might be reaching $40,000 levels once again sooner than expected. As per the data on Bybt.com, the Grayscale Bitcoin Trust (GBTC) has purchased another 16,000 Bitcoin in a single day taking its total BTC holdings […]

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British Fund Manager Ruffer Reinstates Rising Institutional Interst in Bitcoin

Ruffer, a British fund manager in its half-yearly review lauded bitcoin and its growing influence among institutions as its recently revealed portfolio of $730 million in Bitcoin along with its exposure through MicroStrategy and Galaxy Digital has more than doubled since its investment in the top cryptocurrency. The British Fund Manager recently revealed that it […]

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