Bitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind. In a series of tweets on Oct. 26, the Morgan Creek Digital co-founder, also known as “Pomp,” took critics to task over their accusations that Bitcoin was a poor store of value.Pomp […]
With Bitcoin price successfully punching through the $12,000 barrier after PayPal announced that it would be venturing into digital assets, October is delivering on the excitement that September failed to provide. And with on-chain and market data continuing bullish signs for Bitcoin (BTC), experts believe that a 2017-style rally may be on the way. Ether (ETH) […]
It’s the last quarter of the year 2020, and the crypto market enters a slowing phase. The question in the minds of traders and investors is, “is it still possible for me to earn money by trading Bitcoins now that the year is coming to a close?” Well, the answer is, “Yes, you can still […]
Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows. According to data from on-chain analytics resource Skew, as of Oct. 22, Bitcoin options were moving in favor of higher prices continuing in 2020.BTC Odds “Repricing Quickly”At press time, the likelihood of BTC/USD being $20,000 or […]
The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But while altcoins had regained some lost ground against the most dominant cryptocurrency, BTC dominance has potentially reversed, and if closes the […]
Canadian digital asset manager 3iQ has recorded a major milestone fo its public Bitcoin (BTC) fund. The Bitcoin Fund — Canada’s first Bitcoin fund listed on a major stock exchange — has crossed the $100 million market cap threshold, 3iQ announced in an Oct. 20 tweet. Tyler Winklevoss, a major cryptocurrency investor and a co-founder of United […]
Bitcoin’s price reached a two-month high on Wednesday, taking month-to-date gain to over 13%.The top cryptocurrency by market value rose to a high of $12,379 soon before press time – the highest level since Aug. 18, according to CoinDesk’s Bitcoin Price Index.The rise represents a 3.5% gain on the day.Prices are now up over $2,000 […]
A hacking group going by the name Darkside has reportedly tried to donate around $20,000 in stolen bitcoin to charity. The gang posted receipts for two $10,000 bitcoin donations to The Water Project and Children International on a dark web blog post, the BBC reported along with screenshots of the transactions.Bitcoin and cryptocurrencies are often used […]
HODLers are known to sell at the top of the market cycle. However, since the price rally in July 2020, dormant coins from 2017 and 2018 are selling at the current price level. Pioneer of on-chain analysis, Willy Woo recently tweeted saying,In several instances in 2014, 2017, and 2018, HODLers have booked unrealized profits. However, […]
Within the past few hours, Bitcoin price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested that the dominant cryptocurrency is in the process of decoupling from the rest of the market, including U.S. equities. The general sentiment […]
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