The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin. The Grayscale Bitcoin Trust (GBTC) told investors to ditch gold for Bitcoin (BTC) just before the precious metal surged. A case of bad timing for Grayscale That was the latest observation from RT host and Bitcoin bull, […]
Continue Reading
Sudden spurts up and down have long been a mystery for recent $300 Bitcoin price swings. Bitcoin (BTC) price temporarily passed $10,500 on Aug. 26 as the largest cryptocurrency started the week in a bullish mood. Market visualization. Source: Coin360 Data: blame margin traders for Bitcoin price volatility Data from Coin360 revealed an abrupt change […]
Continue Reading
Only Binance Coin has provided meaningful gains against Bitcoin since 2018, while attention remains on BTC performance. The Bitcoin (BTC) network passed a new milestone this week, as new data reveals the extent of altcoins’ losses. According to data aggregator Coinmetrics.io on Aug. 25, so-called realized market cap has become the latest indicator flashing bullish […]
Continue Reading
Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
Continue Reading
Ethereum is still in a bear market even as Bitcoin continues to post amazing gains. When will the tables turn for the largest altcoin by market cap? Nowadays, it seems everyone is bearish on Ethereum and its Ether token (ETH) except for Placeholder VC partner Chris Burniske, who, earlier this week, made the case […]
Continue Reading
The crypto market is seeing green in general, with Bitcoin price hovering at around $10,150. Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360 […]
Continue Reading
Ikigai researcher notes Bitcoin Days Destroyed metric mimicking behavior immediately before 2017’s record price run Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher […]
Continue Reading
Bitcoin’s short-term outlook has turned decidedly bearish after a week of sideways action. Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures. Market visualization. Source: Coin360 Difficulty must touch floor before Bitcoin price moons Data from Coin360 showed BTC/USD crossing the $10,000 mark multiple […]
Continue Reading
A push higher across markets on Monday appeared to fade, though sentiment remained broadly bullish. Bitcoin (BTC) price slid from levels near $11,000 Aug. 20 as momentum which sparked bullish sentiment at the start of the week fizzled. Market visualization. Source: Coin360 Bitcoin lingers below $11K resistance Data from Coin360 showed BTC/USD abandoning its shot […]
Continue Reading
The Bitcoin hash rate has broken yet another new all-time high, hitting an eye-popping 82.5 TH/s. The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com. The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 […]
Continue Reading