Tag: BTCNGN

Bitcoin Price Prediction: BTC Building Momentum For The Ultimate Liftoff to $12,000

Bitcoin is nurturing bullish moment after bouncing off $11,200 support on Friday. The path with the least hurdles is upwards according to on-chain analysis. Bitcoin has made a considerable recovery from the support confirmed at $11,200. The freefall towards the weekend occurred after news broke that OKEx had suspended withdrawal service for digital assets/cryptocurrencies. The […]

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Here’s Why OKEx’s Halting Withdrawal Episode Won’t Haunt Bitcoin

Trouble appeared to be brewing for the well-known cryptocurrency exchange OKEx after one of its founders was held by police. Following the halting of withdrawals from its platform, Bitcoin’s price tanked over 3% in a matter of a few hours. The rest of the cryptocurrency market turned red shortly thereafter. However, this stint was short-lived […]

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Polkadot’s First Trustless Wrapped Bitcoin PolkaBTC Coming in Early 2021

In a step towards creating a truly interoperable blockchain ecosystem, cross-chain bridge service provide Interlay has joined hands with Polkadot to bring the platform’s first trustless wrapped Bitcoin PolkaBTC by early 2021. PlkaBTC is nothing but an official bridge between Bitcoin and Polkadot blockchains. The entire project is entirely funded by Polkadot’s parent Web 3 […]

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Bitcoin Price Prediction: BTC Prepares For A Major Liftoff To New Yearly Highs

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs. Bitcoin recently sliced through a symmetrical triangle pattern presented on the daily chart. The pattern has been discussed severally in our technical analyses. BTC closed in on […]

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Institutional Rain: Grayscale Attracts Over $1 Billion In Fresh Crypto Investments in Q3

The world’s largest digital currency asset manager Grayscale released its Digital Asset Investment report for Q3 2020. Reportedly, the giant invested a whopping $1.05 billion into different crypto investment products during the third quarter. Dropping our latest Digital Asset Investment Report this morning…@Grayscale raised over $1 billion into our family of products in 3Q20!! a […]

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Why Fidelity’s Big Bitcoin Endorsement is a Huge Deal

Financial planning, retirement, and wealth management giant Fidelity Investments Inc. recently recommended Bitcoin as a portfolio percentage, which could be huge for markets if just a fraction of its clients acts upon it. Fidelity Digital Assets, a branch of the firm focused on the crypto asset markets, released a report in October titled ‘Bitcoin Investment […]

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Stone Ridge Asset Management Joins MicroStrategy and Square, Holds $115 Million in Bitcoin

Institutional participation in Bitcoin (BTC) continues to be on a steep rise over the last few months. Today, October 13, Stone Ridge Asset Management announced that it is holding over 10,000+ BTC worth more than $115 million. The announcement comes as Stone Ridge parent NYDIG raised over $50 million in growth equity funding. With more […]

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Analyst Predicts $16k Bitcoin as Big Weekly Candle Closes

Bitcoin has broken weekly resistance and made over 5% during this move, lifting the entire crypto market with it. Analysts are predicting further momentum ahead for the king of crypto. With a further $10 billion added to cryptocurrency markets, things are starting to look healthy again, especially for Bitcoin which has just reached its highest […]

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Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop […]

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Regulatory Clean-Up Can Be Good For The Crypto Market – Fundstrat Advisors

Fundstrat Global Advisors has recently released a report backing the recent regulatory action in the crypto market. Fundstrat strategists – David Grider, Ken Xuan, and Tom Lee – wrote that regulatory clean-up is positive to ensure a free-market-oriented atmosphere in the crypto space. Regulators are active back again in the cryptocurrency market with a string […]

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