Tag: btcusd

Jan 23 2021

Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto

Jan 23 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or...

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...

MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin

Jan 23 2021 Published at CryptoSlate under tags  adoption btcusd culture

Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months. It began in August when MicroStrategy bought Bitcoin with money from its treasury, showing the world that yes, BTC can be a long-term investment and store of value. This was followed up with Square, then, more recently, a series of smaller...

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...

MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags

Jan 23 2021 Published at CryptoSlate under tags  analysis btcusd

They say dips are for buying, and that's the approach being taken by one NASDAQ listed software firm. Its CEO, Michael Saylor, tweeted that MicroStrategy just spent $10 million to acquire 314 additional Bitcoin....

Jan 22 2021

What can invalidate the short-term bear scenario for Bitcoin?

Jan 22 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12. The general market sentiment around Bitcoin remains positive. But, there is one major invalidation point for the bearish scenario for BTC. Bitcoin must reclaim $36,000 In the foreseeable future, if BTC wants to reach an all-time high, it is critical that BTC...

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%...

Bitcoin Posts Massive Overnight Rebound, But Bulls Aren’t in the Clear Yet

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

It has been a wild past 24 hours for Bitcoin, with the benchmark cryptocurrency seeing one of the most intense selloffs it has seen in quite some time yesterday Following a slow grind lower that had taken place throughout the past few days, BTC eventually saw a capitulatory selloff that sent its price plunging to lows of nearly $28,000 At this point, many...

Want to fight against Craig Wright’s ‘ownership’ of Bitcoin? Here’s what to do

Jan 22 2021 Published at CryptoSlate under tags  btcusd legal

The computer scientist claims to have “invented” Bitcoin. And he is now forcefully taking over the asset’s open-source whitepaper. Take down the whitepaper Controversial Australian computer scientist Craig Wright is now threatening to sue the Bitcoin.org...

Lost And Found: Man Recovers Bitcoin From Hard Drive Burned In A Fire

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcust crypto

Bitcoin is once again in the news, the subject of internet chatter, and watercoolor talk. It is for the first time also the darling of Wall Street, beating out every other financial asset under the sun. The media blitz, rising price, and widespread FOMO has those who have lost Bitcoin in the past feeling the sting even harder recently, prompting them to give...

U.S. Treasury Secretary nominee Janet Yellen acknowledges potential benefits of crypto

Jan 22 2021 Published at CryptoSlate under tags  btcusd election 2020 regulation

Janet Yellen, who was recently nominated by US President Joe Biden for the post of Treasury Secretary, said that it is “important to consider the benefits of cryptocurrencies,” according to her written testimony published today. “I think it important we consider the benefits of cryptocurrencies and...

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 On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt cryptocurrency

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange...

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...

Double Spend FUD Crashes Bitcoin Below $30,000; Return of Bear Trend?

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt cryptocurrency

Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword "Double Spend"—as the flaw is called—reached a perfect score of 100....

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

Bitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying

Jan 21 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at...

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