Bitcoin Has Stumbled, Has ‘Institutional Exhaustion’ Kicked In?
The Coinbase premium has come back again. But why is the Bitcoin (BTC) price still struggling to remain above $32,000? In the last two days, BTC has recovered slightly after ...
Tag: market analysis
Bitcoin Bears Seem To Be Taking Over The Market, Here Is Why
Bitcoin dropped from $37,000 to below $29,000 within 48 hours and in the process recorded the biggest daily red candle in its history. For some time now, Bitcoin has failed ...
F2Pool Mass Selling Pushed Bitcoin Down, But Big Buyers Stepped In
On January 22, bitcoin dropped to lows of $28,950. Analysts and experts believe that miners sold huge amounts of their holdings but the big buyers ensured that the dip was ...
Why Is Bitcoin Plummeting? Coinbase Whales Might Be The Cause
Bitcoin’s drop below $33,000 for the first time in over a week on January 21, 2021, as selling pressure accumulated to push the price action significantly lower. Data acquired from ...
Is Bitcoin Pressuring Gold And Sapping Its Market?
Bitcoin has been on the rise since the start of December 2020. Many now wonder, do the rapid surge in the BTC price and the slide in the gold price ...
Gold May Retest $2,000 In The Mid Term – Standard Chartered
Gold has been volatile in recent months since it set its new all-time high in early August. News of worsening Coronavirus cases and the subsequent government and central bank stimulus ...
Will Gold Weakness Persist In The Long Term?
Gold always enjoys a great start to the year on Chinese gold buying for the Lunar New year celebrations. Notably, in the last ten years, gold has gained in eight ...
Ethereum Has Outperformed Bitcoin In 2021, What Pushed It?
In the past few weeks, Ether has been outperforming Bitcoin as Ethereum’s momentum keeps strengthening. The native crypto of the Ethereum blockchain network has seen its price surge parabolically since ...
Ethereum Rises To A New All-Time High, Will It Surge Further?
On January 19, 2021, Ether (ETH) exploded to surpass the $1,428 high reached in 2018. It has been a long-time coming for the second-biggest crypto as it moved to reached ...
Grayscale Acquires 18X The Bitcoin Mined In A Day
Bitcoin worth $600 million was taken off the market as BTC price struggles to consolidate for a retest of $40,000. Notably, asset manager Grayscale added around 18 times more bitcoin ...
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