The cryptocurrency market has enjoyed the past several months with impressive gains, including all-time highs for bitcoin and several more tokens.As such, a couple of crypto analysts initiated Twitter polls to ask the community when they plan to sell their positions and realize profits.How Much Would You Sell At The Next BTC TopThe primary cryptocurrency has led the 2020/2021 bull run. Bitcoin had quadrupled its value since early October when it dabbled with the $10,000 mark to an all-time...
Read More »Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%
Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%.Bitcoin Loses More Than $3K In 24HJust a few days after the Monday crash, in which BTC bottomed slightly above $30K, the cryptocurrency managed to recover most losses and even tried its hand at $40,000...
Read More »Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020
Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part.$3.3B Invested In Grayscale In Q4 2020Despite the challenges that 2020 brought to the financial markets, or perhaps because of them, Grayscale marked its best year to date with massive allocations, primarily from...
Read More »ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)
ETH/USD – Bulls Return To Bearish .886 Fib Resistance.Key Support Levels: $1,200, $1,165, $1,100.Key Resistance Levels: $1,300, $1,350, $1,392.Ethereum saw a whipsaw-like action in trading this week after starting above $1,300 and dropping into the $1,050 support (.382 Fib Retracement). From there, it rebounded on Wednesday as it pushed higher but became stuck at a short term falling trend line.ETH then headed lower but found support at $1,165 (.236 Fib Retracement). It rebounded from this...
Read More »PSAN/ordonnance du 9 décembre : Quelles conséquences sur l’écosystème français des cryptomonnaies ?
Depuis le 18 décembre 2020, toutes les sociétés pratiquant en France « l‘achat-vente d’actifs numériques contre une monnaie ayant un cours légal ou contre d’autres actifs numériques » doivent être enregistrées auprès de l’AMF en tant que Prestataire de Service sur Actifs Numériques (PSAN). Une ordonnance publiée le 9 décembre ajoute de nouvelles contraintes aux plateformes « crypto » traitant l’euro...
Read More »Goldman Sachs Is Planning Grand Entry into Crypto Space with Custody Service
The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others.American multinational investment bank and financial services company Goldman Sachs Group Inc (NYSE: GS) is reportedly planning an entry into the cryptocurrency ecosystem through the offering of cryptocurrency custody service. According to a report by Coindesk, citing...
Read More »Market Watch: Polkadot (DOT) Replaced Ripple on The Top 4, Chainlink (LINK) New All-Time High
Following an unsuccessful attempt to overcome the $40,000 price tag over the past two days, BTC headed south once again to an intraday low of about $34,500. Simultaneously, while most alternative coins were in the red, the two large-caps – Chainlink and Polkadot – have both exploded to new all-time highs.Bitcoin Dips To $34.5K But Quickly RecoversThe primary cryptocurrency managed to recover the losses following a “Black Monday” style crash that drove it back to the $30K price area in a...
Read More »Crypterium Makes It Easy to Invest in Digital Assets through Daily AI-Powered Price Predictions
The predictions are seamlessly integrated with the Crypterium wallet that is easily accessible by login into the wallet and heading to the market section.Crypterium, a leading blockchain startup, is making it easy for individuals to invest in crypto assets through its daily AI-powered price predictions. The new feature adds to a plethora of features already on offer by the company, including a digital wallet where users can send, buy, exchange, cash out, pay and earn effortlessly through a...
Read More »Report: Mt Gox Creditors Could Claim 90% Of The Owned Bitcoins After A CoinLab Deal
Nearly $5 billion in bitcoin could make their way back to Mt. Gox users following a deal between creditors and CoinLab. Nevertheless, the agreement is still reportedly subject to creditor acceptance.Bloomberg reporter Matt Leising offered a brief explanation of the story earlier today, noting that CoinLab has reached a deal with Mt. Gox creditors for 90% of the bitcoins they are owned.Should the deal indeed proceed, the creditors would receive over 135,000 bitcoins out of 150,000. With...
Read More »Bitcoin Faced First Major Correction In Current Bull Run: The Crypto Weekly Market Update
This week was very intensive in the cryptocurrency market. It’s perhaps safe to say that it was among the most tumultuous ones we’ve had in the last few months.Everything started calmly, and during the weekend, the price hit an all-time high value of $42,000. The excitement was short-lived, as immediately after that, bitcoin went in the opposite direction and started to decline. It wasn’t until Monday, however, when things took a turn for the worst.Bitcoin’s price lost around $12,000 in what...
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