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Bitcoin Price Analysis: BTC Bulls Eye $13.3K As Next Target

bitcoin

The Bitcoin FOMO rally is truly underway, as the #1 cryptocurrency extends its meteoric rise by a further 9.4% today. With so much momentum picking up behind asset, where are bullish traders going to take it next? Bitcoin Daily Chart On the daily BTC/USD chart we can see that bitcoin price is showing no signs of slowing down. Momentum on both the MACD and RSI indicators is continuing to skyrocket in typical bull market fashion,

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Google Analytics Reveal Surprising Bitcoin Demographics 

Google Analytics Reveal Surprising Bitcoin Demographics 

bitcoin

We already know that the average Bitcoin user is a millennial male, but by studying Google analytics, Coindance uncovered a few more Bitcoin demographics that you may not have been aware of. Bitcoin Demographics From Google Analytics According to Coindance stats collated from Google Analytics data, Bitcoin users actually share some fairly common interests and affinities. The long and the short of it? They have pretty dull lifestyles. It’s not too surprising that the most

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Bitcoin Rallies Above $12000; ‘To The Moon’ By Christmas?

Bitcoin Rallies Above $12000; ‘To The Moon’ By Christmas?

moonshot rocket bitcoin

Another day, another milestone passed. Bitcoin’s inexorable rise from December 2018’s bottom to break $12000 has been astonishing in its speed. So what could lie ahead? Crypto-Spring Is Here, Courtesy of Bitcoin Barely six months ago we were engulfed in our darkest hour. Crypto-winter seemed here for the long-haul, not helped by the onset of actual winter (in the northern hemisphere, at least). Bitcoin price was hovering in the low-$3,000s, with no indication of which

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Bitcoin Price Rise Fuelled by Experienced Crypto Traders

Bitcoin Price Rise Fuelled by Experienced Crypto Traders

experienced bitcoin and crypto trader

Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests.  Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin , courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether. Over the past 24 hours, it is in fact Tether supplying the majority of Bitcoin buy-ins, with $4.21 billion changing hands between the two cryptocurrencies.  Second is Ethereum, which saw $1.62

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Bitcoin Based Stock Trading Trending Hot: Abra

Bitcoin Based Stock Trading Trending Hot: Abra

Abra bitcoin based stock trading app

Around a month ago investment firm Abra launched its crypto trading app to the world. Since then the company has been collecting data and responses to its Bitcoin-based stock and ETF platform. Findings have been positive emphasizing a strong demand for convenient and affordable investing solutions. Abra Allows Bitcoin For Stock Trading The concept is simple but effective. Enable Bitcoin as a medium for stock and ETF trading for non-US customers. Since its launch in

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Little Resistance Above as Bitcoin Heads to $13,000

Little Resistance Above as Bitcoin Heads to $13,000

bitcoin price surging

Another day, another new 2019 high for Bitcoin. The daddy of digital assets swept through resistance yet again a few hours ago to power up towards its next major milestone, $13,000. No Derailing The Bitcoin Train It has been another fruitful morning for Bitcoin markets in Asia. BTC spent the best part of the past 24 hours trading at around $11,300 but lifted off again a few hours ago to hit $12,380 according to Tradingview.com.

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Bitcoin Off-Chain Metrics To Improve Your Trading

Bitcoin Off-Chain Metrics To Improve Your Trading

expert bitcoin trading

They say it’s not what you know but who you know. Of course, when trading Bitcoin, what you know is kinda important too. Following on from our rundown of on-chain metrics, here are a bunch of useful off-chain indicators that no trader should be without. And possibly a few more on-chain metrics too. Again, these are compiled from a guide by crypto-analyst, Adam Taché. Mayer Multiple The ‘Mayer Multiple’ is one of the most popular

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Top 3 Ways to Keep Your Bitcoin Safe in 2019

Top 3 Ways to Keep Your Bitcoin Safe in 2019

Bitcoin Crypto

With the price of Bitcoin on a tearing run right now, it’s more important than ever to think about the long-term security of your funds – if you haven’t done so already. Here’s a list of the best ways to keep your crypto safe. Enough with entrusting your private keys to a cryptocurrency exchange or an insecure hot wallet. If you own any amount of Bitcoin, it’s gaining in value. That will make naturally make

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Bitcoin Likely to be Overbought by July 13, Says Analyst

Bitcoin Likely to be Overbought by July 13, Says Analyst

Bitcoin

Analyst and Economist, Alex Krüger, has predicted that Bitcoin could become overbought within the next 18 days, according to the Keltner channel chart indicator. Keltner Channel Shows Bitcoin in Overbought Position Analyst Alex Krüger tweeted on Monday (June 24, 2019) that bitcoin could be overbought over the next 18 days, based on an analysis of the Keltner Channel indicator – which provides information of price/trend breakouts and if an asset is overbought or oversold. Is

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Bitcoin Bull Market Leaves Cannabis Traders Green With Envy

Bitcoin Bull Market Leaves Cannabis Traders Green With Envy

Bitcoin Cannabis

Bitcoin’s latest moonshot to a new 15-month high has not just left the gold market in its dust, but also the nascent cannabis market.  Bitcoin Vs. Cannabis: The Grass Is Always Greener Data comparing Bitcoin price with the global cannabis market, confirms a trend which will likely bring enthusiasts back down to Earth. The emerging cannabis market, which Bloomberg described as ‘the next big thing‘ earlier this year, has started wilting over the last quarter

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Bitcoin On-Chain Metrics That Every Trader Should Know

Bitcoin On-Chain Metrics That Every Trader Should Know

Bitcoin

Making money with Bitcoin is easy, right? Just HODL for long enough and reap the rewards.. But what if you want to do more? Trading requires a greater understanding of the market and its various metrics, but sometimes analysts just seem to be speaking an alien language. So how are you supposed to know your CV-DD from your NVT Cap? Thankfully, crypto-analyst Adam Taché compiled some handy guides, which we’ll go through in this, and its

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Grayscale Bitcoin Trust (GBTC) Trading at 40 Percent Premium; ‘Big Money Coming In’

Grayscale Bitcoin Trust (GBTC) Trading at 40 Percent Premium; ‘Big Money Coming In’

Bitcoin bull gains

The Grayscale Bitcoin Trust (GBTC) is trading at a premium, which works out to a Bitcoin price of almost $15,000 – indicating that further gains are imminent.  ‘Big Money Coming In’ Via GBTC Data from Grayscale’s recent performance placed it trading at $14.64 as of June 24. At these levels, investors are working with a Bitcoin price of $14,640.  The premium, which amounts to around 30 percent, is not new but has increased significantly as

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Predicable Bitcoin Bubble Rants Begin Again as BTC Booms

Predicable Bitcoin Bubble Rants Begin Again as BTC Booms

Bitcoin bubble

Nothing grabs the attention more than an epic price pump of any asset. Bitcoin is no different; however the groups of those against it, probably because they don’t comprehend it, are starting to emerge from their caves hollering about bubbles once again. Bitcoin Is A Bubble … Again We heard it all before in 2017; ‘Bitcoin is a bubble that will burst’. Granted, BTC did fall over 80% the following year but has since recovered

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Bitcoin Price Surge Dampens Altcoin Rally Hopes

Bitcoin Price Surge Dampens Altcoin Rally Hopes

Bitcoin dominating altcoins

There has been no Monday correction for Bitcoin this week as the top cryptocurrency has held on to its weekend gains. With market dominance, a touch under 60% many traders and crypto aficionados are beginning to wonder if the altcoins will ever recover. Bitcoin Price Holding Steady Above $11000 Bitcoin is back at its 2019 high of just over $11,200 at the moment. It has spent most of the past day consolidating around $10,800 but

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‘Craig Wright is F***ed’ Says NY Lawyer

‘Craig Wright is F***ed’ Says NY Lawyer

Craig Wright

Craig According to a lawyer holding licenses in New York, Hong Kong, and Taiwan, the self-proclaimed Satoshi Nakamoto, Craig Wright, is in serious legal trouble in his case against Ira Kleiman.  The Craig Wright Lawsuit  Back in February 2018, the brother of the now deceased David Kleiman filed a lawsuit against the self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright. Ira Kleiman alleges that Wright stole a sum of bitcoins that the latter mined

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Want To Make It Big in the Next Bitcoin Rally? Use These 3 Tools

Want To Make It Big in the Next Bitcoin Rally? Use These 3 Tools

automated bitcoin trading

Bitcoin currently dominates the cryptocurrency market. Its price movements often determine the price direction of altcoins. A rally in Bitcoin’s price often tends to lift prices of many altcoins, while a BTC price drop usually causes the altcoin market to bleed. Occasionally, you might see some coins move contrary to the direction of Bitcoin, but they are often the exception and not the rule. Bitcoin entered 2019 at a depressing $3740 price point as weakness

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Bitcoin Price Analysis: Tether Market Stalls, is BTC Next?

Bitcoin Price Analysis: Tether Market Stalls, is BTC Next?

Bitcoin

Tether’s parabolic rise has started to show signs of weakness, after $80 million disappeared from the USDT market over the weekend. Is this an early indication that Bitcoin could be next? Let’s take a look. USDT Market Capital v Bitcoin Price It’s a well-known fact now that Tether’s circulating supply has a direct, albeit delayed, impact on Bitcoin price . Its inflation back in 2017 is still widely believed to be the root cause of

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Binance Claims its First Margin Trading Victim

Binance Claims its First Margin Trading Victim

Binance Bitcoin

Leading cryptocurrency exchange, Binance, has executed its first liquidation today as the platform continues to test its new margin trading feature. Someone Got #REKT On Binance As CEO Changpeng Zhao (CZ) confirmed on social media June 24, the pilot scheme delivered its first liquidation – likely painful for those involved – on a Bitcoin short. Bitcoin price continues to fluctuate at press time Monday, having reached over $11,300 on some exchanges before correcting downwards below

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‘Bitcoin Pokemon Parody’ Song Hits The Internet

‘Bitcoin Pokemon Parody’ Song Hits The Internet

Bitcoin Pokemon

The original singer of the Pokemon theme tune has just unleashed a new Bitcoin parody version of the song. And it does not disappoint.  Bitcoin, Gotta Cash Them All Just when you thought this month couldn’t get any better for Bitcoin, along comes a new crypto-centric Pokemon parody with a powerful message. The parody theme tune of the famous children’s cartoon programme arrived on Youtube earlier this week, just in time to capitalize on the

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Small Cryptocurrency Exchanges For A Healthy Digital Economy

Small Cryptocurrency Exchanges For A Healthy Digital Economy

healthy bitcoin trading

The cryptocurrency market has rapidly grown to become a disruptive alternative to the fiat currency market. In a relatively short span of 10 years, this space has seen quite a handsome appreciation in value. But with that said, the digital asset also attracted centralized manipulation practices of the highest order. Things move fast when it comes to technology, and the decade-old cryptocurrency market is no exception. Unfortunately, the trajectory, in this case, is unhealthy and

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Why Bitcoin Excels Over Gold as a Store of Value

Why Bitcoin Excels Over Gold as a Store of Value

Bitcoin better than gold

There is no doubting the king of crypto has been on a roll over the past few weeks. This month alone Bitcoin has surged 26% from mid $8000 to over $10,000. With political and economic tensions rising, BTC has often been compared to gold as a store of value but, which one is superior? The weekend has been nothing short of monumental for Bitcoin. Yesterday BTC hit a new 2019 and 15 month high of

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CZ on India Bitcoin Ban: The more it’s banned, the more people want it

CZ on India Bitcoin Ban: The more it’s banned, the more people want it

Bitcoin india ban Binance

With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation’s decision to outlaw cryptocurrencies is only driving more people towards decentralized assets. Binance Contests India Bitcoin Ban Binance CEO, CZ, posted a tweet this week commenting on India’s latest anti-bitcoin bill, which seeks to dish out jail sentences to anybody caught holding cryptocurrencies. The more it is “banned”, the more people want it. https://t.co/weOVZGCaz3 — CZ

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Pre-Halving Phase: Bitcoin is Just Getting Started; Huge Gains Expected

Pre-Halving Phase: Bitcoin is Just Getting Started; Huge Gains Expected

bitcoin getting started

Bitcoin has been on fire lately. Since this time last Sunday, it has surged almost 19% from the $9000 price point it traded at last weekend. All signals are coming into alignment for further gains as it seems like Bitcoin is just getting started. Bitcoin Breaks $11,000 After breaking $10k yesterday, many expected a lot of profit-takings followed by a pullback. Yet again, the #1 cryptocurrency defied the predictions and carried on marching upwards hitting

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Weekly Digest: From Bitcoin to $10k to Facebook’s ‘Cryptocurrency’

Weekly Digest: From Bitcoin to $10k to Facebook’s ‘Cryptocurrency’

Bitcoin

This week has been a rollercoaster for bitcoin and the rest of the cryptocurrency market, with new regulatory task forces, tech giant cryptocurrencies, IPOs, and YTD-highs breaking the headlines.  Bitcoin Price Goes From Strength To Strength After entering the week on a high (a 13-month high at that), bitcoin managed to finish off the week even higher. Most notably, bitcoin price broke through the psychological $10k mark; a level which we haven’t seen in over

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The Federal Reserve Could Be Helping Bitcoin to $100K

The Federal Reserve Could Be Helping Bitcoin to $100K

Federal reserve

Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun 19, 2019, Jerome Powell, the chairman of the Fed announced the decision to maintain the benchmark for the federal funds

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Obsidian Capital Partner: Bitcoin Will Break $1 T Market Cap This Cycle

Obsidian Capital Partner: Bitcoin Will Break $1 T Market Cap This Cycle

Bull market

Arnie Hill, partner at Obsidian Capital VC Fund, believes bitcoin can attain a $1 trillion market capitalization in this current bull cycle. Bitcoin in 2017 Bull Run Territory In an exclusive chat with Bitcoinist, Hill provided his thoughts on the recent BTC price spike . According to Hill, the present trend mirrors the 2017 bull run meaning bitcoin could be set for a new all-time high (ATH). Elaborating further, the Obsidian Capital partner commented: Bitcoin

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deVere Chief Executive: Boris at No10 Bodes Well for Bitcoin

deVere Chief Executive: Boris at No10 Bodes Well for Bitcoin

boris johnson

Chief Executive of deVere financial group, Nigel Green, predicts that fears of a no-deal Brexit will drive UK investors towards Bitcoin, if Boris Johnson becomes the next British PM. Hard Brexit Boris Contemporary UK politics is going through the motions of deciding yet another Prime Minister, in the wake of Theresa May stepping down from office at the start of the month. Hard brexiteer and former London mayor, Boris Johnson, is the bookmakers clear odds

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