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Tag Archives: btcusdt

Bitcoin Soars Towards $12,000, But It Might Not Be That Easy: BTC Price Analysis

Investment has been pouring back into the global crypto market and Bitcoin consistently now since August 27, from a low of $348 billion to its current peak at $387 billion – according to data from Coinmarketcap.This influx of capital has helped the leading crypto’s price climb over $800 from it’s monthly low at $11,115, just four days ago, and is now driving BTC back up towards that all-important $12,000 level.Today, BTC has successfully broken out of the tight Fibonacci range it was trapped...

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ETH Surges To New 2-Year High as BTC Nears $12,000 (Market Watch)

Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%.2-Year High For ETH, Sushi Enters Top 100Ethereum doubles-down on its recent price pump with another 10% increase. ETH now trades at $465, which is a 23% surge since bottoming at $380 last week. This is the highest level Ether has marked since the summer of 2018 and...

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Decentralized Oracles on Top of Bitcoin’s Network: RIF Gateways and Chainlink Integration

IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network.Decentralized Oracles on Top of Bitcoin’s NetworkThe firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power while extending its capabilities. Simultaneously, the decentralized infrastructure protocols of  RIF’s...

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Real Or Ruse? This Bitcoiner Lost 1400 BTC ($16M) After Installing An Old Electrum Wallet

An anonymous Bitcoin investor by the name “1400BitcoinStolen” claimed on Sunday that he lost 1400 BTC after “foolishly” installing an old version of the popular Electrum wallet, but turned out to be a phishing scam.A TrapExplaining the unfortunate incident, the victim said he had not been able to access the funds since 2017. After setting up the wallet and attempted to transfer 1 BTC, he received a pop-up message asking him to update his security before he can hat transfer the fund.But...

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Huobi Futures To Launch Bitcoin Options Trading From Sepmtember 1st

Huobi Futures, the derivatives platform of the popular cryptocurrency exchange Huobi Group, will launch Bitcoin options trading starting September 1st.The company explained that more sophisticated investors are entering the digital asset market, and their BTC options release aims to meet their demand.Huobi Futures Adds BTC Options TradingAnnounced earlier today, the Singapore-based platform plans to release Bitcoin options traded against USDT on September 1st at 10:00 UTC. The new product...

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Short Bitcoin (SBTC) ETP Launched on Germany’s Xetra Electronic Exchange

After the launch of short Bitcoin (SBTC) ETP on Boerse Stuttgart, Germany’s second-largest stock exchange, the crypto trading product is now available on Xetra. This is a significant breakthrough for 21 Shares, which has already tasted success with eleven other institutional-grade crypto exchange-traded products.Short Bitcoin ETP Gets Listed on Deutsche XetraGermany is Europe’s economic powerhouse.Back in February, when 21 Shares announced the launch of their Short Bitcoin (SBTC) ETP on...

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Analysis: Bitcoin HODLers On The Rise While Miners Refuse to Sell

Recent data indicated that the HODLing mentality towards Bitcoin prevails as the number of coins that haven’t moved in two or more years has reached a three-year high.At the same time, miners are following suit as their BTC holdings have reached a two-year high.HODLing Mentality Among BTC Investors PrevailThe analytics firm Glassnode follows the behavior of Bitcoin investors by examining the BTC movements (or lack of) from their addresses. According to recent research, HODLers have increased...

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OKEx CEO Jay Hao: Many People Will Lose Money In DeFi (Exclusive Interview)

OKEx has become one of the largest cryptocurrency exchanges in the past several years. The company’s growth is continuously emphasized by the trading volume and the growing user base.CryptoPotato recently had the opportunity to do an exclusive interview with the CEO of the company – Jay Hao.Hao spoke of the challenges OKEx has to overcome, the current cryptocurrency landscape, Bitcoin’s growing adoption, the DeFi craze, and more.Back to the Roots: Before OKExOne of the first things that Hao...

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Not Possible With Gold: Peter Schiff Asks for Bitcoin Gifts for His Son’s Birthday

Spencer Schiff, the son of the well-known economist, gold-bug, and permanent Bitcoin basher Peter Schiff, recently purchased an undisclosed amount of BTC.Aside from criticizing the primary cryptocurrency once again, his father prompted the community to send Spencer a belated birthday present, not in gold but in BTC.Schiff Jr. Appreciates Bitcoin, Unlike His Dad?Spencer Schiff, who recently turned eighteen, seems to follow his dad’s footsteps in finance, as Schiff Senior is a prominent...

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Bitcoin Facing Huge Resistance Expecting Major Price Move Soon (BTC Analysis)

As another week comes to its end, let’s start from the bottom line: Bitcoin price ends the week exactly where it started it, hovering around the $10,600 mark.It wasn’t a remarkable week for Bitcoin, unlike the other cryptocurrencies, especially the DeFi ones, that saw triple-digit gains.Looking at the shorter timeframe, which is seen on the following 4-hour chart, Bitcoin had formed a double-bottom around $11,100. The latter is considered to be a bullish pattern unless the bottom is broken...

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