Bitcoin / 629 posts found
Will Bitcoin and Ethereum Price Maintain The Bullish Trend In Coming Week?
Bitcoin The overall crypto market cap is now maintaining its range above $1 trillion, and the majority of the cryptocurrency assets seem to be thriving. The Bitcoin price, which was earlier struggling around $23,000, has reclaimed the $24,000 level and might close the weekend on a bullish note. However, the latest analysis has a different prediction. As per reports, Bitcoin (BTC) could find its bottom around $20,000. Capo, a popular crypto analyst took to Twitter saying “one last high to rekt early shorts.” Another trader named Jibon had a similar warning, as he advised his followers to wait and buy […]
Bitcoin to Demonetize Gold – Michael Saylor Predicts the Future of Gold Investment
In an interview with Kitco, Michael Saylor, the former CEO of MicroStrategy, predicted that Bitcoin would demonetise gold. “Gold was metallic money for the 19th century,” he said while adding that gold will not be adopted as money in the 21st century. He predicted that a spot-based Bitcoin exchange-trade fund might come in a year. He anticipates that the biggest cryptocurrency will develop into an asset of institutional investment grade that will be accepted by influential investors, lawmakers, and regulators. Saylor claims that due to the volatile nature of the crypto market, conventional economists are sceptical about it. “The volatility […]
This is When Ethereum (ETH) Price May Rise Above to Test the Upper Targets Close to its ATH
Cryptocurrency Ethereum price is soaring high displaying acute strength while the rise in the Bitcoin price is providing a substantial base. Further, while the star crypto remains undisturbed to some extent, the second largest asset may get a chance to propel high. However, the upcoming weekend may turn out to be pivotal as the price is expected to coil up as the sentiments are in favour of the ETH price. With the recent upswing that uplifted the entire crypto space moderately, the expectations of ETH price leading the next bull market hovers within the space. Therefore, the upper targets for […]
Ethereum (ETH) Leaving Exchanges at Rapid Rate This Week, While Bitcoin Moving in the Opposition Direction
On August 12, Lucas Outumuro, head of research at analytics firm ‘IntoTheBlock’ published weekly observations about the market. Lucas covered the last step of preparing Ethereum for the merge, its implications on Ethereum as well as staked ETH, and the upcoming ETHPow token. Lucas also evaluated the institutional demand for Bitcoin, by looking at the previous holding patterns and on-chain activity. According to Lucas, this week, Ethereum (ETH) is moving away from crypto exchanges at a rapid rate, while Bitcoin (BTC) moves in the opposite direction. Outumuro noted that Ethereum recorded nearly $1 billion in net outflows over the week, […]
Why is Bitcoin Up This Week?
Cryptocurrency Bitcoin’s price at one point on Thursday reached $24,748.43 up by 4.81% with 24-hour trading, according to Coinbase. Thursday’s increase is a continuation of the rally by the first cryptocurrency with its price rising by 7.69% in just one week. Bitcoin currently enjoys a market cap of $470.5 billion and has a current circulating supply of 19,118,581 BTC coins. Across the board prices of cryptocurrencies are seeing a surge this week after a softer-than-expected inflation report, with Ethereum, Bitcoin’s biggest rival leading the pack with its value rising by 18.63% in the past week. Currently, Ethereum’s price is being […]
Kraken Daily Market Report for August 11 2022
Overview Daily spot trading volume: $745.9 million, 30 day average spot: $597.1 million. Total futures notional: $132.7 million. The top five traded coins were, respectively, Ethereum (↑1.5%), Tether (↑0.03%), Bitcoin (↓0.02%), USD Coin (↑0.0%), Solana (↑0.7%). Strong returns from Ankr (↑48%), Energy Web Token (↑32%), and UNFI (↑31%). August 11, 2022 $745.9M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD ETH $1880.91 ↑1.5% $224.4M USDT $1.00 ↑0.03% $201.9M BTC $23956.20 ↓0.02% $187.4M USDC $1.00 ↑0.0% $50.0M SOL $42.80 ↑0.7% $19.2M…
Kraken Daily Market Report for August 10 2022
Bitcoin Bitcoin Overview Daily spot trading volume: $846.0 million, 30 day average spot: $588.8 million. Total futures notional: $202.1 million. The top five traded coins were, respectively, Tether (↑0.0%), Bitcoin (↑3.4%), Ethereum (↑8.9%), USD Coin (↓0.01%), Solana (↑5.4%). Strong returns from iExec (↑43%), Injective Protocol (↑24%), and Lido DAO (↑19%). August 10, 2022 $846.0M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.00 ↑0.0% $254.0M BTC $23958.80 ↑3.4% $212.2M ETH $1853.82 ↑8.9% $211.7M USDC $1.00 ↓0.01% $67.2M SOL $42.49 ↑5.4% $15.2M…
Brazil payment app PicPay launches new crypto exchange service with Paxos technology
Users will be able to trade BTC, ETH and USDP, the regulated stablecoin from Paxos… Related News Paxos, a regulated blockchain infrastructure and crypto exchange platform, has today announced the launch of financial advisor crypto trading within Paxos Crypto Brokerage. The new functionality allows broker-dealers to provide a comprehensive wealth management… Read more Paxos, a crypto services platform, announced today that MercadoPago, the financial services arm of LATAM market portal MercadoLibre, will offer its Brazilian customers the opportunity to buy, sell and hold Bitcoin, Ethereum, and the… Read more Paxos, a bitcoin & crypto exchange service company, announced today that […]