Tag: btcpax

Jan 25 2021

Bitcoin This Week: Bitcoin Plummets Below USD 30000 Mid-Week But Medium And Long Term Targets Seem Intact

Jan 25 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Bitcoin (BTC), which was pretty much range-bound last week, saw a sudden bear attack as we moved towards the weekend. This sudden dip took bitcoin plummeting to USD 28,850 from a steady USD 35,600 in less than two...

Jan 24 2021

Altcoin Price Action Analysis – Coins That Are At Key Technical Trade Locations, Volatility Expansions Imminent (ETH, LINK, DOT, LTC & XRP)

Jan 24 2021 Published at Coingape under tags  adabch adabnb adabtc adabusd adaeth

Key Daily and Weekly S/R levels to monitor RSI Bullish and Bearish Control Zones indicating strength/ weaknesses Price Discovery Modes with increasing volume nodes The ALT Coins that will be covered in this article...

No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1

The possibility of any more Bitcoin (BTC) selling further seems to be negligible as of the current price levels. The on-chain SOPR (Spent Output Profit Ratio) indicator presented by Glassnode shows that it has reset to 1 after...

Jan 23 2021

Bitcoin Mining Difficulty Rises to ATH amid Market Wide Shortage of Mining Chips

Bitcoin mining difficulty has peaked to a new all-time-high almost for the first time in three months...

Is Peter Schiff Secretly Accumulating Bitcoin? Shiff Gold Website Accepting BTC Payment

Jan 23 2021 Published at Coingape under tags  bitcoin bitcoin news btc btcbrl btcbusd

Peter Schiff, the well-known gold proponent who is often in the headlines for his Bitcoin rants has found himself in a tricky situation when Peter McCormack pointed out that his website Schiff Gold allows people to purchase gold using...

Grayscale Brings a Bunch of Altcoin Investment Products to Its Offerings, Continues BTC Buying

Jan 23 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

Digital asset manager Grayscale is further expanding into its product offering as the crypto market continues to gain maturity with time. The company has reportedly incorporated six more trusts for some of the lesser-known yet...

Jan 22 2021

Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017 Amid Recent Meltdown

Jan 22 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

As reported by Bloomberg, the Grayscale Bitcoin Trust [GBTC] premiums have fallen by 40%...

MicroStratergy Buys The Bitcoin Dip Again With $10 Million BTC Purchase

Jan 22 2021 Published at Coingape under tags  bitcoin dip bitcoin news btc btcbrl btcbusd

MicroStrategy, the software giant with over $1.3 billion bitcoin purchase in the past 6 months has...

Market Correction Or Bull’s Strategy, Why this Bitcoin Dip Might be Bullish And Not Bearish?

Jan 22 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

On-chain Bitcoin metrics suggest that the price correction might play in bitcoin's favor as whale accumulation has seen a significant surge over the past couple of days. Bitcoin price correction of 13% yesterday took it to below...

On-chain Analysis: Bearish Sentiment Ahead for BTC Price As Miner Exchange Inflow Spikes

Bitcoin (BTC) tanked more than 13% earlier today going all the way below $30,000 levels. Although BTC has partially recovered and currently trading around $31,000 levels the bearish sentiment continues in the market as per on- chain...

Bitcoin Price Dips Below $30,000 as Coinbase Premium Goes to -122

Jan 22 2021 Published at Coingape under tags  bitcoin bitcoin news bitcoin price btc btcbrl

At present, the Coinbase premium is running in negative at -122 suggesting the selling pressure is high and whales are more likely to sell than hodling. Coinbase Premium is the bitcoin price difference in USDT on Coinbase and...

De-constructing All The Myth and FUD Around Bitcoin (BTC) Double-Spend and Inflation

No!! Bitcoin did not "DOUBLE-SPEND"!! The Bitcoin blockchain is functioning just as normal and exactly how it should be!! Well, to take a gist of this, let's take a look at the events in recent days and...

Jan 21 2021

Craig Wright Bullies Two Websites to Take Down Bitcoin Whitepaper, Bitcoin.org Refuses

Craig Wright, the self-proclaimed Bitcoin creator is now threatening to take two websites bitcoin.org and bitcoincore.org to court for copyright infringement if they didn't remove the bitcoin white paper from their platforms. Wright is infamous for threatening lawsuits against people and company's who have called him out for his absurd lies and in most cases The post Craig Wright Bullies Two Websites to...

Bitcoin price breakdown targets $25,000 despite investor sentiment remaining positive

Bitcoin slides under $33,000 risking a drop under $30,000, especially if the 50 SMA support fails to hold. Grayscale Investment’s consistent purchase of Bitcoin goes unnoticed as the market falls....

Treasury Secretary Vs SEC chief, Bitcoin Future Hangs in Balance As Biden Appointee Choose Their Sides

Biden's govt. already seems divided on Bitcoin as newly appointed SEC chief Gary Gensler is Bitcoin pro but Treasury Secretary appointee Janel Yellen called Bitcoin a FUD. The new Biden administration is taking over with promises...

BlackRock & Barclays Share Contrasting Views on Bitcoin (BTC), Institutional Game Getting Interesting

As Bitcoin (BTC) continues to trade at a crucial junction, there's a mix of views coming from institutions at the current time. On Wednesday, January 20, the world's largest asset manager BlackRock filed with the U.S. SEC...

Bitcoin (BTC) Under Biggest Liquidity Crisis In Years, Selling Onwards Could be Dangerous

After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits...

Jan 20 2021

Chinese Govt. Executive Points Out Illegal Overseas Transfer of Assets in Crypto

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new...

Bitcoin Analyst Highlights On-Chain “Signals” For Bulls to Kick-In

Jan 20 2021 Published at Coingape under tags  bitcoin bitcoin news btc btcbrl btcbusd

Bitcoin analysts are looking at Coinbase outflows and premiums as their immediate signals to predict the short term BTC price movements....

Bitcoin (BTC) Traders Resolve to Passive HODLing, Dormant BTC Whale Accounts on Rise

While Ethereum (ETH) has hit a new all-time high of $1439 on Tuesday, January 19, Bitcoin (BTC) seems to be strongly consolidating in the range between $35,000-$36,000. Although Bitcoin faces a strong resistance currently around $38,000, on...

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