Bitcoin

Markets Still, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says. By Damanick Dantes, Helene Braun Oct 26, 2021 at 8:34 p.m. UTC Updated Oct 26, 2021 at 9:59 p.m. UTC Bitcoin 24-hour price chart (CoinDesk) Source link

Bitcoin Latinum Continues its Momentum With Top Tier Global Exchange Listings PALO ALTO, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the next generation insured asset-backed cryptocurrency, continues to gain momentum and expand its global acceptance as it announced today its planned listing on HitBTC Exchange, a top crypto exchange in terms of 24 hour volume. LTNM will be available for trading with BTC and USDT pairs, and the official trading is expected to start at the… Source link

Bitcoin (BTC) marking a new high of $67,000 last week has opened the possibility of hitting $100,000 by the end of this year. PlanB, creator of the popular Bitcoin Stock-to-Flow (S2F) model, called Bitcoin’s price retracement from the $60,000-level the “2nd leg” of what appeared like a long-term bull market. #bitcoin bull market, 2nd leg has started pic.twitter.com/N9H2QF7SDe — PlanB (@100trillionUSD) October 26, 2021 In doing so, the pseudonymous analyst cited S2F, which anticipates… Source link

While the U.S. stock market teeter-totters on the cusp of an all-time high, the cryptocurrency market is erupting In less than a month, Bitcoin‘s (CRYPTO:BTC) price has increased by over $25,000, marking the fastest nominal price rise in Bitcoin’s history and an over 50% gain since late September. Bitcoin officially reached $66,930.39 on the afternoon of Oct. 20, its highest price ever.  At first glance, it’s easy to say that Bitcoin is expensive… Source link

Bitcoin’s surging popularity hasn’t changed one of its original attributes. Its ownership is still concentrated in just a few hands. The top 10,000 individual investors in Bitcoin control about one-third of the cryptocurrency in circulation, according to a study by the National Bureau of Economic Research. Crypto enthusiasts have long pondered who the largest owners of Bitcoin are since the early days of the its existence. It can be… Source link

Bitcoin was pushing back up Monday after experiencing a price dip below $60,000 over the weekend, down from the all-time high near $67,000 reached last week. As of press time the cryptocurrency was up 4% over the last 24 hours, trading around $62,900. The drop in funding rates is the most notable indicator seen over the weekend, according to Matthew Dibb, chief operating officer at Stack Funds. “This is extremely bullish given where we are,” said Dibb. Funding rates across major exchanges… Source link

Are you finally ready to take the plunge into the world of cryptocurrencies? It may seem complicated, but with a little research, beginners can be buying and selling Bitcoin in no time. Bitcoin is the most ubiquitous digital currency on the market, so we’ll show you the ropes on buying, selling, and storing it. However, these tips can apply to other cryptocurrencies like Ethereum (or even Dogecoin, if that’s your thing). What to Know Before Buying Bitcoin At the time of this writing, Bitcoin… Source link

Bitcoin (BTC) launches into a new week, determined to keep $60,000 as support — despite new all-time highs failing to last. After a classic Sunday dip, bulls regained control and have managed to keep BTC/USD clear of sub-$60,000 lows. With neither the April nor October all-time highs seeing a retest so far, however, investors are eager to see where Bitcoin is capable of going. Expectations remain sky-high — as much as $300,000 in the coming months, and even a continuation of the bull run… Source link

It’s been a fantastic year for cryptocurrency investors and Bitcoin (CRYPTO:BTC) in particular. The market-leading cryptocurrency’s price per token has surged roughly 113% year to date even with some recent pullback after hitting a new lifetime high of roughly $67,000 per token.  Bitcoin appears to be gaining traction as “digital gold” and as a potential safe haven at a time when inflation and other factors are casting uncertainty over equities… Source link

On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for more than a decade, the miner who spent the ‘sleeping bitcoin’ on Friday saw a percentage gain of 76,249,900% if the individual cashed out into U.S. dollars… Source link