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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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Chinese Police Cracks Down Cross-Border Gambling Sites Using Tether [USDT]

October 25, 2020 , , , , , , , , , Eddy 0

The world’s leading stablecoin, Tether has been engulfed with many controversies. In the latest development, the People’s Bank of China has revealed a high profile case of crack down on cross-border gambling websites that used the stablecoin USDT. It is important to know that gambling and casinos are illegal in mainland China, and cryptocurrencies such […]

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Grayscale Adds $300M in One Day, as AUM Hits New High

October 23, 2020 , , , , , , , , , , , , , , , , , , Eddy 0

Institutional crypto fund Grayscale has reached a record high in terms of assets under management as institutions fuel the Bitcoin bull run. Grayscale has been loading up on digital assets, increasing its AUM as prices continue to climb. This latest milestone has seen that figure hit $7.3 billion as $300 million gets added in one […]

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Tether, And Not PayPal, Boosted Bitcoin [BTC] Price Above $13,000

October 22, 2020 , , , , , , , , , , , , , , , , , , , , Eddy 0

It nearly 24 hours that payments giant PayPal announced the launch of its crypto trading services on Wednesday, October 21. Later on the day, the Bitcoin price surged past $13,000 as the bulls raged-in. Many attribute this BTC price surge to the PayPal news. However, there was a silent player possibly behind the Bitcoin price […]

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Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

October 22, 2020 , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few days, first bringing down the resistance at $11,800. The bullish momentum paced upwards, allowing the bulls to smash through the crucial $12,000 […]

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Bitcoin Price Analysis: BTC Tops $12,000 As The Crypto Market Turns Bullish

October 22, 2020 , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin slices through the critical level of $12,000 for the first time since early September. It is doubtful that Bitcoin will sustain the uptrend to test higher hurdles at $12,200 and $12,400. Bitcoin finally smashed the resistance at $12,000 just like our predictions have pointed out in the recent past. The last time the bell […]

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Bitcoin Poised to Resume Rally After Second Move Above $12k

October 22, 2020 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours ago during Asian trading Bitcoin surged to revisit the $12,300 price level which equals its […]

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Is It End For BitMEX? Exchange Makes Full Verification Mandatory for Traders

October 22, 2020 , , , , , , , , , Eddy 0

Weeks after cryptocurrency exchange BitMEX’s co-founder’s were charged for evading anti-money laundering rules, the exchange today made full verification mandatory for its users. BitMEX released an official tweet stating its users to complete their full verification by Nov. 5, 2020 to continue trading on the platform. We are accelerating the rollout of our User Verification […]

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