Tag: BTCPAX

Blockstream Alumnus Mike Schmidt Backed Brink Raises $150,000

Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise […]

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Bitcoin could quickly rush to $20,000 so long as this crucial hurdle is shattered

Bitcoin battles the uphill task of breaking above $18,500, the channel’s middle boundary, and $19,000. The fear of missing out (FOMO), speculation, and excitement is likely to push Bitcoin to $20,000 if the $19,000 barrier is broken. The bullish cycle in the cryptocurrency market continues to catch momentum. Bitcoin has for the first time stepped […]

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OKEx Starts Withdrawal Trials, Could Bulk Withdrawal Requests Trigger BTC Price Volatility?

OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since […]

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No, Bitcoin [BTC] Is “Not” The Most Volatile Asset- VanEck’s Gabor Gurbacs

Contrary to popular belief, VanEck’s Gabor Gurbacs shared his report highlighting 112 stocks of S&P 500 which were more volatile than Bitcoin [BTC] in a 90 day period and 145 stocks YTD. Bitcoin [BTC] as an asset has largely been criticized for its high volatility, Mr. Gabor’s report provides a counter view to this widely […]

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Last Week 3 Bitcoin Funds Added 24,337 Bitcoins as BTC Price Approaches $19,000

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly 25,000 Bitcoins. 3 Bitcoin funds bought up 24,337 BTC this week. There are only 21 million, and they’re going fast. pic.twitter.com/jsP0sU4CF1 […]

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Bitcoin’s New Yearly High Makes it Bigger Than JP Morgan

Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon […]

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Is BlackRock, World’s Largest Asset Manager Eyeing Bitcoin [BTC]?

Today was an interesting day for Bitcoin enthusiasts as CIO of world’s largest asset manager BlackRock in an interview to CNBC said he adores Bitcoin and cryptocurrencies are here to stay. Recently, Bitcoin managed to move above the $18,000 mark again after seeing a $1000 flash crash yesterday making its contention to be a true […]

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Bitcoin Back at $18K, Why This Rally is So Different From 2017

Bitcoin is back over $18,000 again and the momentum does not look like slowing down any time soon. Analysts are largely in agreement that this rally is very different from the 2017 one, and here’s why. A recent report by analytics provider Chainalysis has delved into the charts and metrics to conclude that this rally […]

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Bitcoin prepares for the ultimate upswing to $20,000; here is what to watch out for

Bitcoin Cash has sustained the uptrend, breaking multiple supply zones within an ascending parallel channel. BTC/USD must close the day above the channel’s middle boundary to avert potential losses and retain focus on $20,000. Bitcoin is in a self-made bullish cycle after breaking multiple key barriers and flipping them into crucial support areas over the […]

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Another New Entrant, Mariner Wealth Advisors Worth $35 Billion Set to Offer Bitcoin

Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to […]

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