[ad_2][ad_1] According to analysis by Edward Morra, a popular Bitcoin trader, Coinbase and the Bitfinex exchange now have major buy orders over $ 17,200. The emergence of major buying walls is important because on November 18, BTC’s flash plunged to around $ 17,222. This shows that the whales are using …
Read More »Quant trader explains why Bitcoin’s price is rising
[ad_2][ad_1] Sam Trabucco, a quantitative trader at Alameda Research, believes that four general factors are driving up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products in Bitcoin and influence from other markets. Alameda Research is a leading cryptocurrency firm trading a variety of …
Read More »The number of new Bitcoins peaks during the rising FOMO
[ad_2][ad_1] As Bitcoin (BTC) hit its three-year high on November 18, more and more people around the world have begun to move into the world’s largest cryptocurrency, according to data from Glassnode. Glassnode, a leading provider of cryptocurrency analytics data, registered a notable increase in the number of new Bitcoin …
Read More »Claiming that the files become public; Jamie Dimon continues not to be interested in bitcoins
[ad_2][ad_1] The information you need to start the day, from PaymentsSource and across the web: Come out To assert formally submitted an initial public offering to the SEC, demonstrating the growing popularity of credit card alternatives. Affirm the IPO, which could estimate the company as high as $ 10 billion, …
Read More »Bitcoin trackers do not universally track bitcoins
[ad_2][ad_1] The rise of bitcoin is back in focus now that the digital asset has briefly risen above $ 18,000. Less than a month ago, it was under $ 12,000. A 50% gain in less than a month will raise some eyebrows, regardless of what the asset is and regardless …
Read More »Bitcoin trackers do not universally track bitcoins
[ad_2][ad_1] The rise of bitcoin is back in focus now that the digital asset has briefly risen above $ 18,000. Less than a month ago, it was under $ 12,000. A 50% gain in less than a month will raise some eyebrows, regardless of what the asset is and regardless …
Read More »Bitcoin’s rally could be caused by a supply crisis in China
[ad_2][ad_1] The rise in Bitcoin prices can be driven as much by a drying up of supply as by an increase in demand. This is because Chinese miners are struggling to sell their cryptocurrencies in ways that would quickly get them much-needed cash in the face of a government crackdown …
Read More »Blockchain Bites: Bitcoin’s Latest Billionaire Bull, Zcash Upgrade, $ 10 Billion Grayscale Breakthrough
[ad_2][ad_1] Bitcoin continues to rise, with an indicator suggesting bulls have room to roam. Zcash, the privacy-oriented blockchain network, had its first halving. And Brian Brooks, as the Currency Controller, could stay for five years. Upper shelf High or not?At least one dark indicator suggests that bitcoin bulls have room …
Read More »This analyst set Bitcoin’s new high price in 2020 three months ago
[ad_2][ad_1] Bitcoin (BTC) hitting new all-time highs by Christmas is starting to look conservative, but an analyst called current levels in August. As noted by the consumer investment service Swan Bitcoin on November 18, the co-founder of The investor podcast network, Preston Pysh, expected 90% year-end return for BTC / …
Read More »Bitcoin’s market cap outstrips Nvidia with over $ 336 billion
[ad_2][ad_1] In the midst of a lightning-fast bull run in the cryptocurrency market, Bitcoin (BTC) is outpacing another major American company in terms of market capitalization. When the price of Bitcoin briefly crossed the $ 18,000 mark on November 18, Bitcoin’s market cap surpassed $ 336 billion, surpassing the market …
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