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Bitcoin price dips under $55K as US bond yields touch 13-month high
17.3.2021
Fresh difficulties for BTC price action fails to dent investor enthusiasm as the battle for $55,000 support begins
Bullish Bitcoin trading in Korea provides tailwinds for Kakao share price
17.3.2021
Analysts in South Korea are predicting a significant share price increase for Kakao amid the current Bitcoin bull market
Inflation Is Here & BTC Will Hit USD 115K ‘Ahead of Target’ – Pantera
17.3.2021
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Dan Morehead, the CEO and founder of Pantera Capital, operator of the Blockchain Investment Fund, says that bitcoin (BTC) is “ahead of” his firm’s forecast schedule to hit USD 115,000 this summer – meaning that...
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...
Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...
Bitcoin whale clusters pinpoint 3 levels in the short term to keep the bull trend intact
16.3.2021
Bitcoin has to defend $55,406 to prevent falling to the $40,000s once again, whale clusters suggest
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...
Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
16.3.2021
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders
Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin
16.3.2021
Ethereum exchange reserves are falling quickly with outflows hitting yearly highs and boosting market sentiment around ETH
Bitcoin is now worth more than Visa and Mastercard combined
16.3.2021
The largest cryptocurrency also recently beat the world's three biggest banks by market cap, data confirms
Join the Phemex Trader’s Arena - A Competition with 45 BTC on the Line
16.3.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
After several successful editions, the Phemex Trader’s Arena is back, with the team putting on the line a prize pool of up to $2,000,000 - representing 45 BTC.
Despite the fact that registrations were opened...
'Inhospitable to capitalism' US can target those ditching dollar for Bitcoin — Ray Dalio
16.3.2021
Investors should reduce dollar exposure, the billionaire says, as MicroStrategy's Saylor describes Bitcoin as the "obvious solution."
Extreme leverage drove $500 million worth of BTC liquidations in one hour
16.3.2021
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges
Mizuho Bank Survey Says $24 Billion in US Stimulus Checks May Be Used to Buy Bitcoin
16.3.2021
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less...
Bitcoin bulls take a breather while BTC price slips below $55,000
16.3.2021
Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally
Price analysis 3/15: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH
15.3.2021
Bitcoin’s rejection at its all-time high and a negative divergence on the RSI suggest that BTC's bullish momentum could be weakening and altcoins may see profit-booking as a result
Bullish uptrend intact as Bitcoin futures open interest hits $22.5B
15.3.2021
Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue
Can Bitcoin whale deposits to exchanges actually predict BTC price?
15.3.2021
Bitcoin deposits into exchanges have become a popular on-chain data point but some say this metric can be misleading
BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’
15.3.2021
While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week...
MLB Club the Oakland A’s Is Now Accepting Bitcoin for 2021 Season Passes
15.3.2021
The professional baseball team the Oakland Athletics (A’s) has announced that the ball club is now accepting bitcoin for season tickets. Now through opening day, a set of six Oakland A’s full season suites can be purchased with a single bitcoin, which is currently a discount...