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Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits
Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.
Bitcoin Price Hits New All-Time High of More Than $19,800 as Tyler Winklevoss Says “Cash Is Trash”
Bitcoin has finally managed to break past $19K again. This time, it managed to surpass its 2017 all-time high, trading north of $19,700 late Monday night.
Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.
CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US
Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).
Institutional Bitcoin Buying Could Push Price to $45K, What Happens When They Start Taking Profits?
Bitcoin surged over 300% in 2020 on a wave of institutional buy in—but what happens when institutions decide to sell in 2021?
Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction
The number of Bitcoin (BTC) addresses in profits has plunged to a 3-month low at 30,782,698.006 as the price of Bitcoin has stayed in the bearish zone for days.
Bitcoin's Bull Run Above $50K Has Led to Profits for 99% of BTC Addresses
As Bitcoin soars to a new ATH price above $52,000, more addresses, namely 99% of them, has benefitted.
When China Yuan Sneezes, Bitcoin Wears a Mask
My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.
Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar
Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.