Yashu Gola

Blog Info Bitcoinist.com
Blog Info CoinStats Blog
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Stats Has written 337 posts about cryptocurrency

Jul 19 2021

[Updated] Who Owns The Most Bitcoin

Jul 19 2021 Published at CoinStats Blog under tags  articles bitcoin

There was a time when people were transacting thousands of Bitcoin across the web for various purposes, be it betting online, paying tips casually, or even buying drugs. A man even paid 10,000 BTC for two delivered Papa John pizzas. But little did he and every other Bitcoin spender know that their few cents worth of a digital asset would one day become...

Jul 14 2021

Who Owns The Most Bitcoin

Jul 14 2021 Published at CoinStats Blog under tags  articles bitcoin

There was a time when people were transacting thousands of Bitcoin across the web for various purposes, be it betting online, paying tips casually, or even buying drugs. A man even paid 10,000 BTC for two delivered Papa John pizzas. But little did he and every other Bitcoin spender know that their few cents worth of a digital asset would one day become...

Jul 07 2021

How to Turn Bitcoin Into Cash

Jul 07 2021 Published at CoinStats Blog under tags  articles bitcoin

If you have owned Bitcoin for a while, you would probably understand that cryptocurrency comes with inherent liquidity issues. Of course, you might have made millions of dollars worth of profits via your Bitcoin investments but realizing those gains in real money remains a daunting task. Therefore, in this article, we attempt to answer the internet’s most-searched question on cryptocurrencies: how to turn...

Jul 02 2021

What Is Crypto Staking – How To Start

Jul 02 2021 Published at CoinStats Blog under tags  articles crypto crypto staking

2020 emerged as the year of cryptocurrencies as more investors dumped their low-yielding traditional safe-haven instruments to seek profitable opportunities in projects that offered more returns on their investments. One of these widely popular opportunities they came across is crypto staking.Bitcoin and Ethereum, two of the world’s leading digital assets by market capitalization, reached their record highs. Their gains followed investments...

Apr 19 2021

Bitcoin Weekly Outlook: A $70,000 BTC Likely Despite Brutal Sell-Off

Bitcoin had a super-depressive weekend session as traders decided to secure the profits off its Coinbase-led market rally, but all is not lost for the flagship cryptocurrency yet. Bullish traders showed remarkable resistance against the declines in the BTC/USD exchange rates. In retrospect,...

Apr 15 2021

Call for a $3,000 Ethereum Emerges on Wall Street Exposure, Major Upgrade

Ethereum extended its gains on Thursday, hinting at more profitability in the week that saw Coinbase, one of the world's largest cryptocurrency firms, making its debut on the Nasdaq Stock Market. Traders also raised their bids on the second-largest cryptocurrency after ConsenSys, a software development...

Apr 14 2021

Dogecoin (DOGE) Blasts Higher in Another Nonsense Rally; What’s Next?

Dogecoin reached another record high on Wednesday for apparently no reason but an ongoing boom across the cryptocurrency market ahead of Coinbase's direct listing on the Nasdaq Stock Market later in the day. The Dogecoin Rally Brief The DOGE/USD exchange rate climbed to as high as $0.146 ahead of...

The Real Reason Behind Bitcoin Explosive Rally is Not Coinbase But Inflation

Bitcoin surged past $64,500 this week, shattering yet another record-high milestone after a month of downside consolidation, over sentiments that a fresh Wall Street listing of one of the leading crypto firms, Coinbase, would attract more wealthy investors to the booming sector....

Apr 13 2021

The Simplest Bitcoin Analysis as BTC/USD Refreshes Milestone High

A quick look into the world's leading cryptocurrency Bitcoin and what's ahead for it as it achieves another lifetime high. And So It Goes, And So It Goes In retrospect, the BTC/USD exchange rate reached $62,750 ahead of the European opening bell on Tuesday. Some traders really...

Bitcoin Price Breaches $61,000 Ahead of Key Inflation Figures; What’s Next?

Key Bitcoin Price Outlook The bitcoin price briefly surged above $61,000 on Tuesday. The climb surfaced as a part of an upside weekly session, as traders' appetite for safe-havens surged ahead of key US inflation data. Technically, the cryptocurrency shied away from confirming a price breakout to the upside. Bitcoin rallied above $61,000 on Tuesday. The flagship cryptocurrency's upside move was brief...

Apr 12 2021

Small Lawsuit Wins Pushes XRP Price Back to 2018 Highs; Pullback Ahead?

Key XRP Outlook XRP almost hits $1.5 for the first time since January 2018. The upside boost comes in the wake of small legal wins for Ripple Labs as it battles the US Securities and Exchange over a lawsuit. Technically, the Ripple token has climbed to overvalued levels, requiring a neutralizing price correction. XRP, the de-facto settlement token atop the Ripple blockchain, has...

Bitcoin Weekly Outlook: Breakout Over $60K Expected on Coinbase Listing

Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish 'Ascending Triangle' pattern. Coinbase's listing on Nasdaq, US inflation data update this week promises further upside. Bitcoin has...

Apr 09 2021

A Bitcoin Correction Towards $55,000 Likely At The End of Week

Key Bitcoin Price Outlook Bitcoin reaches a short-term resistance trendline that constitutes a descending channel pattern. The cryptocurrency risks upside rejection heading into the weekend session. Its downside target lurks near $55,000. Sliding US bond...

Bitcoin Eyes Long-Term Benefits on Central Banks’ Dollar Ditch

If global central banks are any indicator, the bitcoin price can continue its supersonic bull run despite hitting a pause in the past three weeks. At the core of the bullish theory is the US dollar. True, the global store of value has attempted impressively to emerge out of its 2020 bearish trend, the one that...

Apr 08 2021

Boom for Bitcoin as Macro Analysts Stick to Their Bearish Dollar Calls

Bitcoin and the US dollar have stopped caring about their inverse correlation heading into 2021. The flagship cryptocurrency closed the first quarter more than 100 percent higher as more and more institutions became accustomed to its safe-haven characteristics. For instance, US carmaker Tesla...

Many Bitcoin Analysts Call For Rally Beyond $70,000; Here’s Why

Bitcoin traders and analysts are sticking to their conviction that the cryptocurrency's price will hit at least $70,000 in the coming sessions. At the core of their upside outlook lies a classic technical indicator. Dubbed as Ascending Triangle, the pattern forms when an asset forms two or more rising...

Apr 07 2021

A Big Glitch Appears in Bitcoin Bullish Bias: Rising Rate Hikes Bets

There are more traders now that prefer to hold Bitcoin than selling it to realize earlier profits. It is indicative of a major price boom ahead for the flagship cryptocurrency, which has already surged by almost 1,380 percent from its 2020's nadir of $3,858 (data from Coinbase). Bitcoin Rise to Glory Lower interest rates have provided one of the most strengthening bullish tailwinds...

A Potential Bitcoin Price Explosion Above $60,0000 is Brewing; Here’s Why

Apr 07 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin price btc btcusdt paypal

Has the Bitcoin market topped out as traders constantly fail to achieve a breakout move above $60,000? Apparently, no....

Apr 06 2021

Ripple’s XRP Blasts Past SEC Lawsuit Fears to Hit Three-Year High

XRP bulls are back! The Ripple blockchain's native token, which got embroiled in a legal controversy with the US Securities and Exchange Commission over its alleged securities status — and which led to the delisting of its highly traded financial instruments across many US-based crypto exchanges, reached its highest levels in three...

Top Bitcoin Influencer Closes Bullish Position on Price Dump Fears

Bitcoin risks falling below $50,000, according to a trade setup shared by Jonny Moe, an independent market analyst. The social media influencer, widely tracked by investors and traders in the cryptocurrency space, unveiled the bearish setup in a tweet published early Tuesday. He closed what he called "leverage...