Quick take: Bitcoin whales worth $20 Million and above have collectively accumulated 500k BTC since September This amount is roughly worth $11.5 Billion and explains why Bitcoin’s value has risen Bitcoin is currently experiencing a cool-down...
Quick take: Timothy Peterson has forecasted that Bitcoin has a 50% chance at surpassing $30k in 2021 Bitcoin has just set an all-time high of $23,800 – Binance rate The daily BTC/USDT still hints of bullishness...
Quick take: 78,156 traders have been liquidated in the last 24 hours as Bitcoin zoomed past $20k Total liquidations in the same time period have hit $1.1 Billion $956.13 Million are Bitcoin liquidations 90%+ of the...
Quick take: Bitcoin has broken its 3-year-old all-time high of $20k Bitcoin’s new all-time high is now $20,794 – Binance rate A strong weekly close had hinted of a possible push past $20k Bitcoin might have...
Quick take: Grayscale has added to its bags Bitcoin worth $270 Million in the last 7 days Grayscale’s total assets under management have hit a total of $13 Billion Grayscale’s assets under management have increased by...
Quick take: The number of non-zero addresses on both the Ethereum and Bitcoin network is continually increasing Both have hit an all-time high of 50.651M for ETH and 32.925M for Bitcoin Such activity on both networks...
In summary: Robert Kiyosaki has pointed out that buying Bitcoin below $20k might be a good idea Mr. Kiyosaki forecasts that Bitcoin will hit $50k soon He explains that institutional money is buying up the BTC...
Quick take: MassMutal Life Insurance recently purchases $100 million in Bitcoin Insurance companies are known to avoid unnecessary risks The 169-year-old insurance company buying Bitcoin is a sign that BTC is no longer a ‘risk-off’ asset...
Quick take: Bitcoin is in bear territory as the Miners Position Index hints of selling by BTC miners The demand for Bitcoin will quickly absorb the continual selling at these levels Bitcoin could experience a resurgence...
Quick take: Bitcoin has dropped hard from $19,300 levels to $17,800 High chances it is retail traders selling The Bitcoin being sold will most likely be scooped up by institutions MicroStrategy, Grayscale, Paypal, Square, are likely...
Quick take: Willy Woo has forecasted that Bitcoin’s market cap hitting $1 Trillion will result in more capital moving from Gold to BTC His comments were in response to MicroStrategy raising $400M to buy more Bitcoin...
Quick take: Crypto traders and investors have been expecting Bitcoin to dip to $16k or even $14k Bitcoin’s social volume continues to be high The Fear and Greed Index is at 95 for a second time...