Tag Archives: btcusdt

The first website that claimed Bitcoin was dead ten years ago does not function anymore. Over the years, the primary cryptocurrency has attracted lots of pessimism, criticism, and doubt on itself but is now officially outliving some of the non-believers.The First “BTC Is Dead” Website DiesFor over a decade of existence, Bitcoin has seen a fair share of negativism going its way. The naysayers grew fast, primarily in the early stages.Interestingly, this rising number led to the emergence of a...

Tether is not slowing down in its USDT printing spree. The amount of tokens the stablecoin issuer has minted within the last week now equals what it printed in the first half of April.Tether Prints 480 Million USDT In 5 DaysRecords from Whale Alert suggest that the Tether Treasury has printed five batches of fresh tokens in the last five days, totaling 480 million USDT ($480.4 million), which was the same amount with what was minted within the first 14 days of the previous month.In a previous...

Bitcoin is currently down by 1.5% after a surging to $10,000 mark on Thursday, but a rebound could be underway.The primary cryptocurrency is looking for a substantial rebound level around $9,400Key Resistance Levels: $9,800, $10,000, $10,475, $10,970Key Support Levels: $9,450, $9,100, $9,000, $8,500BTC/USD 1D. Source: TradingViewBitcoin’s recovery from the March crash (to $3800) is quite notable, and it’s safe to say that the bulls are technically back in the market. The fundamental part of...

Another popular cryptocurrency analyst believes that it’s entirely plausible the price of Bitcoin to plunge following the halving. He argued that exchanges offering futures trading will induce the biggest sell pressure on the market.BTC Price To Drop Because Of ExchangesWith the third Bitcoin halving scheduled to take place only a few days from now, speculations regarding potential price effects continue to spiral. Popular on-chain analyst, Willy Woo, believes that after the event, miners...

The past couple of months have been nothing but a wild ride for Bitcoin. In the middle of March, when the coronavirus started to spread in the Western World, and markets reacted swiftly, BTC lost more than 40% and tumbled to $3,600. Now, less than two months later, the price is not only fully recovered but also touched $10,000 for the first time since February.A lot of experts thought that the recovery from the March lows would be prolonged and slow, but the fact of the matter is that Bitcoin...

Large cryptocurrency-related financial service company, Bitcoin Suisse, is looking to raise over $50 million from investors. The institution plans to expand its services in Switzerland and Liechtenstein by receiving dual bank licenses.Bitcoin Suisse To Raise More FundsFounded in 2013, Bitcoin Suisse AG has become a prominent market player in terms of brokerage, custody, lending, staking, and other cryptocurrency-related services. Currently valued at over $275m, the entity announced earlier...

The majority of Bitcoin holdings are currently in a profitable position following the recent rally of the largest cryptocurrency by market capitalization, data from on-chain data provider Glassnode shows. The UTXO Realized Price Distribution (URPD) metric from the data firm puts the proportion of the moneymaking Bitcoin at 81%.What Is UTXO Realized Price Distribution and Why Does It Matter?UXTO is short for unspent transaction output. It can be simply related to the change you receive when...

Only four days left until the Bitcoin halving event. This by itself could have been enough to fuel the primary cryptocurrency beyond the $10,000 mark.Maybe it happened faster than expected, Bitcoin just reached the 5-digit mark for the first time since February 24, 2020.As of writing these lines, BTC completes an incredible 35% price increase over the past ten days. Who could believe that less than two months ago, one Bitcoin traded for $3,600? Those who bought the dip can now celebrate...

The popular American hedge fund manager, Paul Tudor Jones II, said that he is buying Bitcoin amid the growing trend amongst world central banks to print excessive amounts of money.He added that the hedge fund he founded in 1980, Tudor Investment Corporation (Tudor BVI), could start allocating portions of its assets in Bitcoin futures.Paul Tudor Jones Buys Bitcoin To Fight InflationJones is a prominent traditional investor who founded the Tudor BVI hedge fund 40 years ago. He is also a...

Millions of US citizens received a stimulus check worth $1,200 in the last few weeks as government aid to fight the effects prompted by the COVID-19. Interestingly, if that amount was invested in Bitcoin when the first checks were initially received, it would have grown to $1,600 by now.$1,200 Becomes $1,600 In WeeksAccording to a report, 88.1 million people received a stimulus check wroth $1,200 by April 25th. The first batch was mailed in mid-April, and many people noted they had received...