Bitcoin price surged to $24.6K, but direction of next rally is unclear

The price of Bitcoin surpassed its all-time high and surged above $24,600 as traders analyze what will come next. The price of Bitcoin surpassed its all-time high on Christmas, reaching $24,681 on Binance. Following BTC’s strong rally, traders and analysts are exploring short-term bear and bull cases.  The market sentiment around Bitcoin remains overwhelmingly positive, but […]

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$500M in Bitcoin leaves Coinbase as institutions buy more than miners sell

Big money is still scooping up the available Bitcoin supply despite short-term bearish signals, data shows. Bitcoin (BTC) saw fresh rejection at $24,000 overnight on Dec. 24, but data shows that appetite for big buy-ins is only increasing. As recorded by on-chain analytics resource CryptoQuant, institution-focused exchange Coinbase Pro alone saw two large withdrawals of […]

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Survey: Almost one in five adult Australians own crypto in 2020

Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking. A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020. According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI), Australia’s general crypto sentiment improved […]

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