Tag Archives: BTCEUR

After an unplanned four-year holding of nearly 2,000 bitcoins, Finland’s Customs has decided to sell them now. Local authorities seized most of them after Darknet drug-trafficking investigations in 2016, but their value has expanded by about 100x since then.The Right Moment to SellFinland’s Customs is planning to sell 1,981 bitcoins, most of which authorities had seized during drug trafficking criminal investigations. According to a recent news report, most of the confiscated BTC (1,666)...

With Ethereum’s price jumping to nearly $1,300 and nearing the all-time high of $1,450, the number of ETH addresses in profit has reached a 2-year high of over 99%.The Ethereum hash rate has also enjoyed the past several months with gradual increases and a new all-time high above 300,000.0000 GH/s.ETH’s Price Leads To Nearly 100% Addresses In ProfitThe second-largest cryptocurrency by market cap has led the recent altcoin rally with impressive gains. After becoming one of the best-performing...

The past 24 hours have seen almost $1.5 billion in liquidated positions. This is the total for both long and short trades, as Bitcoin’s price went on a rollercoaster.$1.5 Billion LiquidatedCryptocurrency trading has a certain allure to it. After all, in the past 24 hours, we saw Bitcoin’s price go from $40,000 to $36,000 and back above $41,000. The same is true for many other cryptocurrencies.This rampant volatility creates opportunities for serious gains in a short amount of time. However,...

To say that the past 24 hours have been exciting would be a massive understatement. Bitcoin, as well as most of the cryptocurrency market, experienced one of the most tumultuous trading sessions after setting a new ATH above $40,000, crashing by $4,000 and surging back to chart a new high at around $41,000.Bitcoin’s price goes up again. It doesn’t seem to have any intentions of slowing down. Dips are being bought at an unprecedented rate as the price continues to appreciate.Just a few moments...

Bakkt, the Bitcoin futures platform owned and operated by Intercontinental Exchange (ICE), is reportedly planning to go public after a merger with the Chicago-based blank-check company VPC Impact Acquisition Holdings.Bakkt To Go Public?By citing “people with knowledge of the matter,” Bloomberg reported the news earlier, saying that the Bitcoin futures platform is already in talks with VPC Impact Acquisition Holdings.Should both parties indeed proceed with the deal, the sources estimated that...

Bitcoin’s highly volatile price performance continued in the past 24 hours after breaking above $40,000 to a new all-time high and a subsequent massive drop beneath $37,000. Most alternative coins have retraced following the latest rally and have increased BTC’s dominance to about 70%.Bitcoin Falls After The $40K ATHApart from a brief dip beneath $29,000 on Monday, the primary cryptocurrency has been on a roll since the start of the year. Bitcoin bounced off immediately from the drop,...

Bitcoin is currently trading at around $38,200 as it pulls back slightly after blasting past $40,000 during late trading on Thursday, January 7. At current prices, the asset is up 33% since the same time last week and it still doesn’t look like it is ready to correct yet.Looking at centralized exchange movements could indicate when the inevitable correction will occur and eToro’s Mati Greenspan has observed that Bitcoin volumes across exchanges have just doubled its previous all-time...

Bitcoin has broken yet another massive milestone. Just moments ago, the price managed to hit the coveted $40,000 mark for the first time in history.Bitcoin’s price shows absolutely no signs of slowing down from the incredible parabolic move.Moments ago, it managed to hit the significant milestone, breaking the coveted $40,000 mark.This makes for a daily increase of around 14%.BTC/USD, $40K on Bitstamp. Source: TradingViewAs CryptoPotato reported earlier today, a senior Bloomberg strategist,...

Mike McGlone, Bloomberg’s Senior Commodity Strategist, believes that bitcoin appears as a better investment opportunity than gold as of January 2021. The intelligence analyst said that it’s more likely BTC to reach $50,000 per coin than retrace to the old highs of about $20,000.Bitcoin Better Than Gold?Bloomberg’s strategist is among the few mainstream analysts that had remained bullish on BTC even when cryptocurrency was struggling during the year-long bear market in 2018. When the asset has...

Following the latest price developments for bitcoin, the cryptocurrency’s market cap has entered the top ten assets by market capitalization. More recently, BTC has closed the gap with Elon Musk’s electric vehicle and clean energy company, Tesla.Bitcoin Nears Tesla’s Market CapThe cryptocurrency has been on a remarkable run since October 2020. It ended last year with gains of over 300% after finally managed to break above $20,000 and head into uncharted territory.So far, bitcoin has continued...