The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
PayPal Brings Users To Bitcoin, But Not The…
News broke on the morning of October 21 2020, that PayPal would grant its users the ability to purchase, sell and hold bitcoin within its app. PayPal’s stock price rose 4.65 percent on the news,…
Bitcoin top signal from 2017 reappears, but here’s…
In 2017, the price of Bitcoin (BTC) reached as high as $20,000 before crashing rapidly. Now, the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time…
Bitcoin top signal from 2017 reappears, but heres…
In 2017, the price of Bitcoin (BTC) reached as high as $20,000 and crashed rapidly. Now the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time…
Crypto PayPal News Sends Asset To New All-Time…
News breaking today that payments giant PayPal would be supporting cryptocurrencies sent the price of Bitcoin rocketing over $1,000 in a single day. But it was another asset that soared to a new all-time high…
PayPal’s Just Introduced a Bitcoin Onramp to 346…
Bitcoin’s price rocketed to $13,000 this morning after news broke regarding FinTech giant PayPal’s foray into the crypto market. It has long been rumored that the payment processing firm was cooking up a crypto-related feature.…
TA: Bitcoin Correcting Gains, But Key Uptrend Support…
Bitcoin price rallied more than 5%% and it even broke the $13,000 resistance against the US Dollar. BTC is now correcting gains, but there are key supports near $12,500. Bitcoin gained bullish momentum and it…
Bitcoin on-chain transfer volume exceeds 4M as price…
As Bitcoin's price broke through resistance at $12,000, its on-chain transfer volume exceeded 4 million and set a 14-month record high. Source: Glassnode.Unlike exchange volume, on-chain metrics cannot be easily faked or manipulated. To put this…
Its official: Bitcoin now more popular than sex
What feels better than watching Bitcoin (BTC) skyrocket on bullish mass-adoption news? For hodlers, there aren't too many events in life more satisfying than a trip to the moon — and now the rest of…
10% of Bitcoins supply has been untouched for…
A significant amount of Bitcoin's (BTC) total supply has not moved for more than 10 years, according to data from cryptocurrency analytics data provider Glassnode. During this decade-long interim, 1.8 million Bitcoin (of the current 18.5…
Bitcoin blasts through $13K following PayPal’s entrance into…
Bitcoin (BTC) has rallied above $13,000 for the first time since July, and only the third time since the all-time high bull run of late-2017. The move follows the long sustained period of five-figure price…
Payments Giant Paypal Says Its Customers Can Now…
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop…
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day…
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained…
The Second Day Running Sees Bitcoin is Up…
For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see…
Bitcoin Could Soon Post First Weekly Close Above…
Bitcoin is currently in the throes of a strong uptrend that has allowed it to recapture all of the gains that were lost following its decline from $12,400 seen in late-August. The cryptocurrency set fresh…
Sellers Step In As Bitcoin Soars, But Could…
Bitcoin price nearly hit $13,000 today after an almost $1,000 intraday candle tapped the remaining bear market resistance keeping new all-time highs at bay a little while longer. With so many traders in profit, short-sellers…
Bitcoin Nears Bullish Breakout, But Volume Has Yet…
Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high.…
Introducing The Best Of Bitcoin Magazine
Since 2012, Bitcoin Magazine has been providing insight, analysis and thought leadership about the Bitcoin space — the first publication of any kind to commit to doing so. Thanks to some prescience about how truly revolutionary…
Bitcoin average transaction value increases 500% since July
The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct…
TA: Bitcoin Smashes Heavy Resistance at $12K And…
Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar. BTC is now trading above $12,000, with high chances of more upsides. Bitcoin remained in a…
Bitcoin price rally to $12K is meaningless until…
On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. Cryptocurrency daily market performance snapshot. Source: Coin360The move occurred after Monday’s…
Breakout or fakeout? Top traders react to Bitcoin…
Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested…
TA: Bitcoin Bulls Back In Driver’s Seat, More…
Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar. BTC is now struggling near $11,800, but it is likely to continue higher. Bitcoin is gaining momentum, and…
“Old Hands” Sold The Bitcoin Bottom And Are…
Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling,…
Bitcoin Rallies While Stocks Stumble: Is The Correlation…
Bitcoin price has rallied more than $300 intraday, meanwhile, the S&P 500 has fallen almost ten basis points in the same time period. Is this the fabled stock market crypto “decoupling” that analysts claimed was…
Institutional Bitcoin longs at record-high, hedge funds short…
According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of Trader report shows hedge funds are at a record-high for BTC…
‘Old hands selling out’ metric shows Bitcoin price…
Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnodeOn-chain analyst Willy Woo…
XRP Triggers Signal Resulting In Nearly 80% On…
Bitcoin is more bullish than ever, and Ethereum has taken center stage of the hot to trot DeFi trend. XRP, however, has remained a laggard for two years running. But all this could soon change,…
TA: Bitcoin Hesitates Below $11,550, But Upside Break…
Bitcoin price is slowly rising and it is now trading above $11,400 against the US Dollar. BTC is a bit hesitant, but further gains above $11,550 seems very likely. Bitcoin is showing a few positive…
Analyst: Chainlink Likely to Rally to $16.50 as…
Chainlink has been struggling to break above $11.00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse.…
Seller shortage? Bitcoin exchange reserves plunge as BitMEX…
Bitcoin (BTC) exchange reserves are continuously plummeting as analysts pinpoint the trend to a shortage of sellers. Since the March crash, the reserves on exchanges rapidly fell from 2,950,000 BTC to 2,700,000 BTC. Within merely…
Analytics Firm: Bitcoin’s Correlation to S&P 500 is…
Bitcoin has been moving in close tandem with the stock market throughout the past few days and weeks, which has slowed its growth and caused it to see some turbulence. The stock market is currently…
Bitcoin Likely to Break Below $11,000 Before Next…
Bitcoin has been caught within a prolonged consolidation phase throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend. This has done little to…
Calm before the storm? Analyst says $20K Bitcoin…
The price of Bitcoin (BTC) has been consolidating within a tight range for several months. If the top cryptocurrency successfully breaks out, Bitazu Capital founding partner Mohit Sorout says a record-high would be imminent. Since…
Ascending channel Bitcoin price breakout possible despite OKEx…
Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the price has slumped back into a sideways range. Several…
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for…
Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.…
187,000 BTC Drained: Over $2 Billion in Bitcoin…
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot…
TD Buy Trigger Could Cause XRP To Rip…
Bitcoin has recently been picking up steam, stealing some of the capital and thunder from the DeFi trend and Ethereum. XRP, however, continues to lag behind both top crypto assets and linger sideways. According to…
Trader Warns: “Be Scared” Going To Bed Without…
Bitcoin’s bull run could very well be here, but with the pandemic and the coming election, there’s so much risk in the air. However, one crypto trader says that they’d be more “scared” going to…
On-Chain Data Finds OKEx Holds $2.3 Billion Worth…
According to the researchers at Glassnode, OKEx holds $2.3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the…
$22M in Bitcoin moves from Huobi to OKEx…
Large Bitcoin (BTC) transactions from Huobi cryptocurrency exchange are moving to OKEx despite the latter having temporarily suspended crypto withdrawals. According to data from crypto tracking service Whale Alert, a total of 1,995 BTC ($22.5…
‘Enormous wall of money’ will send Bitcoin to…
Bitcoin (BTC) hitting $1 million by 2025 is “about right,” Real Vision founder and CEO Raoul Pal has confirmed. In an interview with Stansberry Research last week, Pal, famous for his bullish stance on Bitcoin,…
Grayscale Adds $1 Billion to Crypto Products in…
Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Grayscale Investments…
Coinbase Builds Into Bitcoin Ecosystem With Dev Grants,…
San Francisco-based cryptocurrency exchange Coinbase has revealed two separate contributions to the Bitcoin ecosystem today. Here’s how the top crypto platform plans to boost the future of the first-ever cryptocurrency and make it more accessible,…
TA: Bitcoin is Showing Early Signs of Fresh…
Bitcoin price started a fresh increase from the $11,260 low against the US Dollar. BTC must settle above $11,600 to continue higher towards $11,800 and $12,000. Bitcoin is showing a few positive signs above the…
Taproot Merged Into Bitcoin Core
Taproot, the highly-anticipated protocol upgrade designed to add smart contract flexibility and more transactional privacy to Bitcoin, has officially merged into Bitcoin Core. The implementation now merged into Bitcoin’s code includes the Schnorr and Taproot…
Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use…
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A $10B Firm Makes Bitcoin Its Primary Treasury…
Stone Ridge Holdings Group announces $50 million in new funding for its digital asset subsidiary as well as significant BTC treasury holdings. Our main discussion: Stone Ridge Holdings Group discloses $114 million in bitcoin treasury…
Wrapped Bitcoin Sees Record $57.1M in Tokens Minted…
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Bitcoin and Ether now account for 44% of…
The recent explosive growth of decentralized finance (DeFi) has seen the sector lock nearly $4 billion worth of Bitcoin (BTC) and Ether (ETH) in less than five months. According to DeFi Pulse, the number of…
Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly…
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply…
Bitcoin Hash Rate Rockets to New All-Time High;…
From a fundamental perspective, Bitcoin has never been stronger. The benchmark cryptocurrency has evolved from being a speculative asset to a reserve asset that is being widely adopted by retail investors, funds, institutions, and corporations…
Bitcoin Held By Public Companies Now On Par…
The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a meager $6.8 billion. This figure matches the BTC supply public companies now hold alone, and it could…
Surging Bitcoin futures volume highlights increasing institutional interest
On Oct. 12 Bitcoin price (BTC) pushed above $11,700 on Binance and data shows trading at derivatives exchanges also began to spike. According to data from Skew, CME Bitcoin futures open interest has started to…
Warning: “Watch Out” For Bitcoin “Bulldozer” When Volume…
Volatility is finally increasing after a return to historical lows, but volume has yet to follow. When it does, however, one crypto trader says to “watch out” for the “bulldozer” that will be Bitcoin after…
Bitcoin Bulls Rejected Hard At $11,500 Retest, Rapid…
Bitcoin price is experiencing a surge of intraday volatility, rocketing $150 in minutes then collapsing more than $250 just moments later. Here’s what is going on in the top-ranked cryptocurrency and what to watch for…
Bitcoin Fractals That Sent Price 30-50% Higher Flash…
Just a day before Bitcoin breached $11,500, a psychological resistance level, the cryptocurrency painted one of the strongest bullish signals of its eleven-year history as a financial asset. On October 11, BTC/USD formed a leading…
Bitcoin diverges from legacy markets as ‘breathtaking’ rally…
A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuing to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining…
Fidelity makes it clear: Bitcoin volatility is worth…
In a recently released report titled Bitcoin Investment Thesis, Fidelity Digital Assets demonstrated how portfolio managers could increase their returns by allocating a portion of their holdings to Bitcoin (BTC). The report also speculated that…
Sell Setup Combo On Bitcoin Coincides With Ominous…
Bitcoin price has fallen more than $400 from yesterday’s peak. The drop happened abruptly as the daily candle closed and turned to October 13th’s trading session. The collapse also coincides with two sell setups triggering,…
Bitcoin decouples from legacy markets as ‘breathtaking’ rally…
A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining…
$17K Bitcoin price a real possibility if bulls…
Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the announcement that Square had allocated 1% of…
Ledger wants to help MicroStrategy secure its $400m…
Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product…
Hathor Merge Mining Pool Commands 33% of the…
Bitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and…
Bitcoin Reaches Critical Resistance Zone; Will It Spark…
Bitcoin’s price saw a notable rebound today that allowed it to recover from an overnight dip and rally to fresh local highs within the $11,500 region. This push higher is promising because it is finally…
Short the Dollar: How Goldmans Bearish Stance Uplifts…
Goldman Sachs, the $71.4 billion investment bank, is reportedly bearish on the U.S. dollar. For Bitcoin (BTC), which has recently rallied above the dreaded $11,100 level, this could serve as a potential catalyst. Bitcoin is…
Bitcoin (BTC) Bulls Kick Off Monday With Retest…
Bitcoin price had fallen this morning sharply after a weekend rally to start off the new week. But after a sweep of lows around $11,175 this morning, the first-ever cryptocurrency rocketed higher to retest $11,500…
TA: Bitcoin Likely Gearing For Another Upside Break:…
Bitcoin price surged above $11,000 and $11,200 against the US Dollar. BTC is now consolidating gains and it seems to be preparing for another rally above $11,500. Bitcoin is showing positive signs and it is…
$12K Bitcoin price back on the table after…
On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily close, the price…
Square’s Bitcoin Investment Made $2 Million Over The…
Bitcoin price blasted back above $11,000 in response to yesterday’s news that the Jack Dorsey-led Square Inc. had purchased 4,709 BTC to add to company reserves. Since the news broke about the payment firm’s innovative…
Bizarre Correlation Between Bitcoin Dominance And The Dollar…
Bitcoin just rocketed above $11,000 following the recent Square news, and DeFi tokens everywhere had a significant bounce. As well as Bitcoin has done, altcoins have outperformed the top crypto asset prompting another intraday fall…
3 Bitcoin On-Chain Trends Show a Macro Bull…
Bitcoin has surged higher over the past 48 hours due to positive fundamental trends. The cryptocurrency, which traded as low as $10,400 just a week ago, now trades for $11,400. Less than a few hours…
Wrapped Bitcoin tops $1B after 900% increase in…
The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion. The milestone comes four weeks after the TVL…
Key Bitcoin price metric at 10 week low…
October has barely started and the price action in the crypto markets has been both exciting and worrisome. Bitcoin (BTC) has seen a strong $10.9K rejection and a quick $10.2K bottom over the past week.…
CoinShares Reveals its Take on FCA’s Ban of…
The online trading community continues to receive responses to FCA’s new rules banning the sale of derivatives related to certain types of crypto-assets to retail consumers. While it is not unusual to see a company…
Coinbase Users Lose $25K On Yearn.Finance Since DeFi…
Timing when to buy in crypto or any market is a difficult task. Eager DeFi investors learned this the hard way if they rushed to buy Yearn.Finance (YFI) the moment it was listed on Coinbase.…
TA: Bitcoin Rejected $10,800, And It’s Vulnerable to…
Bitcoin price failed to clear the $10,800 resistance and started a fresh decline against the US Dollar. BTC could continue to move down below $10,500 as long as it is below the 100 hourly SMA.…
Trump Stimulus Tweet Sends Bitcoin Price Plummeting $200…
Bitcoin price just tanked just as US President Donald Trump crushed hopes of the stimulus round two. In just 20 minutes from the time the President tweeted, the price of the leading cryptocurrency plunged $200.…
Bitcoin To Hit $100,000 in Five Years as…
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to…
New Bitcoin addresses hit two-year high after China…
China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a “targeted marketing campaign” — in favor of crypto. In a series of tweets on Oct. 5, analyst and market…
Bitcoin Open Interest on BitMEX is Down 25%…
Bitcoin’s market dynamic has been shifting over the past week. The CFTC’s pursuit of the BitMEX co-founders has sparked some fear regarding the safety of funds on margin trading platforms that could be vulnerable to…
Bitcoin Reddit Roundup – September 2020
Welcome to the 3rd edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 40 links to most of the best quality content that was uploaded to Reddit for this month. Most…
Dwindling Bitcoin Volatility Could Lead To Decisive Move
Bitcoin price exploded through resistance at $10,000 and has flipped it into support that’s thus far held strong. The support level has proven just as unbreakable as it was on the way up, fending off…
Bitcoin whale clusters pinpoint critical levels BTC must…
Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term. Whale clusters form when large investors purchase Bitcoin and do not move it, making it…
Crypto Roundup: October 5th, 2020
Bitcoin remains buoyant, and is now approaching $11k for the third time despite repeated waves of uncertainty crashing over the crypto market. Last Thursday, U.S. regulators filed charges against the founders of crypto exchange BitMEX,…
Bitcoin pioneer predicts $1T BTC market cap by…
Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years. That was according to Blockstream CEO Adam Back, who delivered a fresh bullish…
Bitcoin Defies Gravity, But $10,900 Still Presents Strong…
Bitcoin price is slowly recovering from the $10,387 low against the US Dollar. BTC broke the $10,650 resistance and it might soon test the $10,800 resistance or the $10,900 barrier. Bitcoin started a fresh upward…
Why traders expect ‘boring’ Bitcoin and altcoin price…
Bitcoin (BTC) price has been stuck in a range for weeks now but traders generally expect a slow fourth quarter for the top-ranked digital asset. Bitcoin quarterly returns (%). Source: Skew.com In 2018 and 2019…
DeFi craze propels Uniswap monthly volume to $15.3B,…
Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume. In the same period, reports indicate that Coinbase processed $13.6 billion. Monthly decentralized exchange volume. Source:…
Bitcoin Price Has “12 Weeks” Left To Validate…
Bitcoin price is currently trading at $10,500, holding strong above a key resistance level despite several retests of support. Not even negative news regarding a major crypto industry player, a hack, or the US President…
COVID-19, Trump, KuCoin, BitMEX: Bitcoin price says keep…
Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse. Cryptocurrency daily market performance…
BitMex has bled 45k Bitcoin since US gov…
Over 45,000 Bitcoin has been withdrawn from BitMex since the U.S. government levied charges against the exchange and its leadership. October 1 brought two devastating blows to BitMex. First, the CFTC and DOJ brought charges against the…
What BitMEX scandal? Bitcoin futures data shows traders…
BitMEX used to be the indisputable leader of Bitcoin (BTC) futures trading and if something similar to yesterday's civil enforcement action were to happen back in 2015-2018 the crypto markets would have completely collapsed. Regardless…
Bitcoin Games Reveals Satoshi’s World Travel Plans, Offers…
Embark on an adventure like none other to win exciting prizes and have loads of fun in Bitcoin Games’ new promotion. Up to 15x Money Multiplier Bitcoin Games has been making new waves by not…
Bitcoin Vulnerable to More Losses After Another Rejection…
Bitcoin price is down over 2% and it faced another rejection below $11,000 against the US Dollar. BTC remains at a risk of more losses below $10,350 and $10,250. Bitcoin is failed again to clear…
Fiat inflation has cost Bitcoin hodlers 20% over…
Bad news — the increase in the Bitcoin (BTC) price over the past decade may have been overstated because of the accompanying fiat inflation. Since Bitcoin is typically denominated in fiat — United States dollars…
Why reduced Bitcoin futures volume may signal the…
Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion. Bitcoin futures volume…
Bitcoin Posts a 66-Day Consecutive Streak Above the…
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million…
Bitcoin Sees 3rd Quarterly Close Over $10K, 3…
Bitcoin just closed the 3rd quarter of the year with its best-ever performance, marking the third of only three quarterly finishes over $10,000. All good things come in threes, so here are three reasons why…