Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst
On-chain data shows big money continues to chase bitcoin amid the frantic bull run. That’s a sign of institutions catching the “FOMO” bug, according to one analyst.
Institution-focused Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday,...
MicroStrategy’s BTC Holdings Are Now More Than Double in Value
MicroStrategy holds a very pivotal role in the institutional adoption of Bitcoin and all eyes are on the company to know its next moves.The value of MicroStrategy’s (MSTR) entire Bitcoin (BTC) holdings has grown more than double in value since the company’s first-ever purchase...
Bitcoin price jumps above Dow Jones Index (DJI) while Ethereum nears $1,100
Two of the world’s largest cryptocurrencies by market cap set new records over the weekend.The day Bitcoin ranAfter Bitcoin, the world’s first and current largest cryptocurrency by market cap, crossed the $34,000 level on Saturday, it set both a record all-time high and crossed...
More Aussies Back Bitcoin, the Underdog
In January this year, the world watched in horror as sky-high fires tore through 44 million hectares of Australian bushland, engulfing property, wildlife and humanity. Then, just as victims were emerging from the ashes, COVID-19 arrived and the local economy went into lockdown. Gross...
Bitcoin Blasts Past $34K for First Time, Hours After Blowing Through $30K
The price of bitcoin (BTC) surged past $34,000 for the first time ever early Sunday morning, extending a record-setting holiday rally and adding an immediate exclamation point to the Bitcoin Network’s 12 year anniversary.
Bitcoin was trading hands around $34,400 at 02:30 EST Sunday. Hours...
Market Wrap: Bitcoin Closes 2020 Near Record Highs
The Takeaway:
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000 but ether gained 450%.
Bitcoin (BTC) trading around $28,963 as of 21:00 UTC (4 p.m. ET), gaining 1.5% over the previous 24 hours.
Bitcoin’s 24-hour range: $27,916.63 - $29,280.05...
The Most Important Bitcoin Infrastructure Developments of 2020, feat. Alyse Killeen
A look at privacy and infrastructure advances that will shape the bitcoin ecosystem in the years to come.
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This...
Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
Large investors continue to accumulate bitcoin, possibly putting upward pressure on the cryptocurrency’s price.
The number of whale entities – clusters of crypto wallet addresses held by a single network participant holding at least 1,000 bitcoin – rose to a new record high of 1,994...
Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s
The price of bitcoin (BTC) crossed $29,000 Wednesday evening for the first time ever, pushing further into record territory after hitting what had been an all-time high earlier in the day.
With the day's surge, the leading cryptocurrency resumed its rapid upward pace after seeming...
Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet
The takeaway:
Bitcoin (BTC) trading around $28,775 as of 21:00 UTC (4 p.m. ET). Gaining 7.3% over the previous 24 hours.
Bitcoin’s 24-hour range: $26,796.90 to $28,969.90 (CoinDesk 20)
BTC above its 10-hour and 50-hour moving averages, a bullish signal for market technicians.
Another day, another all-time high...
