Tag: BTCNGN

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 […]

Continue Reading

Bitcoin Whale Addresses Increasing as Unrealized Profits Hit Yearly Highs

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 […]

Continue Reading

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

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 […]

Continue Reading

Social Sentiment on Crypto Twitter Does Big 180 as Bitcoin Surges

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 […]

Continue Reading

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

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 […]

Continue Reading

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

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 […]

Continue Reading

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

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 […]

Continue Reading

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

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 […]

Continue Reading

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

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 […]

Continue Reading

Altcoins Lose Over $4 Billion In Market Cap As Bitcoin Bulls Take Charge

Over the last 24 hours, the altcoins’ market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours. Source: CoinMarketCap Among the top ten cryptocurrencies, Chainlink (LINK) has lost the most in […]

Continue Reading