Tag: BTCTUSD

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 […]

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

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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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 […]

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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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