On-chain data suggests that a strong selloff may not necessarily follow the upcoming Bitcoin halving. Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop after the event. Interestingly, on-chain data from previous halvings suggests that after the halving Bitcoin price may […]
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The most profitable trader on Bitfinex disappeared after the Bitcoin price hit $10K in a stunning 150% rally since the Black Thursday crash. The biggest whale on Bitfinex known to the Bitcoin (BTC) community as Joe007 vanished, as the price of the top-ranked cryptocurrency by market capitalization hit $10,000. Joe007 left with a farewell letter […]
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The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true. Speaking on the latest edition of the Stephan Livera podcast […]
Continue ReadingWarren Buffett has no intention of spending Berkshire’s $137 billion cash pile and, if stocks plummet, Bitcoin may see another significant correction. Warren Buffett and Berkshire Hathaway remain reluctant in spending its $137 billion cash pile. Their cautious stance towards the abrupt recovery of the U.S. stock market may spoil the recent Bitcoin (BTC) rally. […]
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The XRP Markets Report for Q1 2020 shows the On-Demand Liquidity network is more popular than ever, while Ripple’s XRP sales have hit a new low. Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report. The dollar value transacted using […]
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As Bitcoin pushed past $8,000 and began its ascent to $9,000, the Tether Treasury minted over 160 million new tokens. With Bitcoin (BTC) ascending sharply in the last eight hours — over $9,100 at press time — U.S. dollar-backed stablecoin Tether (USDT) is on a minting spree. Whalebot Alerts has reported that Tether issued more than […]
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Trading veteren Peter Brandt has taken aim at Tether, advising traders not to ‘hold it overnight’ as it was riskier than ‘the Nigerian Trinket’. Renowned veteran trader Peter Brandt has compared holding Tether (USDT) to the risk of holding ‘the Nigerian Trinket’. In a tweet earlier today, Brandt took aim at the controversial stablecoin, calling […]
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Bitcoin’s impressive rally has pushed the crypto markets higher, leading traders to wonder if the uptrend will last through the halving event. The Bitcoin (BTC) whales have not been perturbed by the sharp rallies or the waterfall declines in Bitcoin in the past three years. As Cointelegraph recently reported, some major whales have not moved […]
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Major Bitcoin whales have not sold any BTC for up to 5 years, suggesting they are optimistic about the asset’s long-term prospects. A large Bitcoin (BTC) whale holding 68,000 BTC ($523 million), has not moved the funds for more than five years and on-chain data shows other whales have similarly held onto their BTC for […]
Continue ReadingIntroducing his latest revamp of the popular price model, analyst PlanB adds gold and silver and almost trebles his previous forecast. The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year. In a blog post introducing the third […]
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