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

October 28, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

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

October 28, 2020 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

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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Despite Minor Sell-Offs, Bitcoin [BTC] Inches Closer to $14K, What’s Next?

October 28, 2020 , , , , , , , , Eddy 0

Bitcoin has been riding quite high of late. Despite a rather dull performance by Ethereum and the rest of the altcoin market, Bitcoin has shown clear bullish signs and was currently up by 12.39% over the last week. It was being traded at $13,588, at the time of writing which marked a new 16-month high […]

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Bitcoin Swallows the World – These Assets Denominated in BTC Dominate the Market

Bitcoin Swallows the World – These Assets Denominated in BTC Dominate the Market

October 28, 2020 , , Eddy 0

October has been a great month for Bitcoin (BTC) as prominent players who were lurking in the shadows have now begun to reveal their faces. PayPal’s announcement of cryptocurrency integration was just the beginning. Now, many companies and banks are looking to jump head-on into the crypto market as DBS Bank Ltd, a Singapore-based multinational […]

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

October 27, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

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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Bitcoin Whale Addresses Increasing as Unrealized Profits Hit Yearly Highs

October 27, 2020 , , , , , , , , , , , , , , , , , , , Eddy 0

Several on-chain metrics for Bitcoin have been entering bullish territory as the asset remains above $13k for the fourth straight day. Bitcoin has held on to gains it made last week, remaining above the $13k barrier for the past four days. It has not revisited that 2020 high of $13,350 made on Sunday, but is […]

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Bitcoin Mining Giant Marathon Orders 10,000 Bitmain Antminer S-19 Pro

October 26, 2020 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Just as institutional players start raking up their BTC investments, Bitcoin mining groups start adding more mining gears. North America’s public traded self-mining company Marathon Patent Group placed a huge order with Bitmain, the biggest manufacturer of crypto mining hardware. Marathon has placed an order of 10,000 qty for Bitmain’s next-generation Antminer S-19 Pro ASIC […]

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Social Sentiment on Crypto Twitter Does Big 180 as Bitcoin Surges

October 26, 2020 , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s new 2020 high over the weekend has rejuvenated social sentiment which has done a complete u-turn according to recent research. There are many technical and fundamental indicators that can give signs as to what market sentiment is like, and for the crypto industry, social media plays a big part. According to analytics from Santiment […]

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