Search results for btc

  • Anonymous Bitcoin Whale Just Moved $31M Worth Of BTC Off Coinbase

    What happened: A Bitcoin (CRYPTO: BTC) whale just sent $31,256,679 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qwrlfzxzs8979tvfzfgcqqrdnydudv5a94n2hnp. Why it matters: Bitcoin "Whales" (investors who own $10 million or more in BTC) typically send cryptocurrency from exchanges when planning to hold their investments for an extended period of time. Storing large amounts of money on an exchange presents an additional risk of theft, as exchange wallets are the most sought-after target for cryptocurrency hackers. The best way to secure Bitcoin is through holding it on a hardware wallet, which can't be done through holding digital assets on an exchange. Hardware wallets store one's private keys in an offline device, making it impossible for funds to be hacked via the internet. According to Glassnode, only 12.5% of the total supply remains liquid across all centralized exchanges. The removal of BTC from an exchange reduces potential sell side pressure, allowing the price of Bitcoin to increase more easily. See Also: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers Price Action: Bitcoin is down -2% in the past 24 hours. See Also: How To Buy Bitcoin Public Blockchain data sourced from Whale Alerts Twitter. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • The Ringing Of The Presale Bell Has Begun. Join Gnox (GNOX) Presale while Bitcoin (BTC) struggles

    The crypto world is volatile, and this has been especially evident in the past few months. At the end of the second quarter of 2022, many investors find it challenging to understand which direction the market is headed Continue reading The Ringing Of The Presale Bell Has Begun. Join Gnox (GNOX) Presale while Bitcoin (BTC) struggles at DailyCoin.com.

  • Bitcoin (BTC) Moving Sideways - Calm Before The Storm?

    Bitcoin (CRYPTO: BTC) is struggling to break its resistance level of $22,000 as the market moves sideways. In early June, the crypto market left the trillion-dollar club; despite the recent short-term uptrend and speculated ‘accumulation,’ the market capitalization hasn’t been able to recover the $400 billion lost.  The current stagnancy in market prices has raised questions about the direction of the trend with a multitude of analysts forecasting a yet-to-come bottom or a bullish trend reversal.  (Source: TradingView BTC/USDT) On June 17, BTC hit its 18-month bottom and since then, the market has observed a correction forming a sideways momentum. On Sunday, BTC hit a 7-day high at around $21,800 level before dropping to $20,800 on Monday and rising up again to the press time price of $21,429. BTC is accumulating as it’s trying to find bullish momentum Bitcoin miners' revenue is decreasing significantly compared to the cost they incur. In 24 hours, mining revenue has declined by 8%, according to data from CryptoQuant. This indicates that the price is potentially undervalued — along with the increasing miners' motive to hold on to their coins. Historically, BTC’s bear market lows have had a decline of about -75% to -84% from its last all-time-high duration of 260 days in 2019-20 to 410-days in 2015. The current BTC drawdown hit -73.3% below November 2021 all-time high. Considering the duration of the timeline, the bear market is now “firmly within historical norms and magnitude” says Glassnode.  On-chain data from Cryptoquant show BTC cyclic indicators claim the current stagnancy to be the bottom. Observing previous BTC historical bottoms, consolidation of this asset class is yet to begin.  © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Live BTC ETH XRP ADA DOGE SOL LUNA SHIB Crypto

    Live Crypto Trading 00:00 Crypto Trade Update 01:42 Bitcoin BTC Price Prediction 03:10 Ethereum ETH Price Prediction 08:00 Ripple XRP Price Prediction 10:18 Binance Coin BNB Price Prediction 12:18 Cardano ADA Price Prediction 14:53 Dogecoin DOGE Price Prediction 18:04 DOGE Crypto Trade Set Up 21:50 Shiba Inu Coin SHIB Price Prediction 22:05 Shiba Inu Coin Trade Set Up 23:50 Solana SOL Price Prediction 24:18 Polkadot DOT Price Prediction 26:17 DOT Trade Set Up 29:40 YFI Price Prediction 30:10 Litecoin LTC Price Prediction 32:10 BSV Price Prediction 36:00 Bitcoin Trade Stop Loss Moved Up 39:15 Apecoin APE Price Prediction 52:13 Terra Luna Price Prediction 54:40 Bitcoin Short Term Price Analysis 55:50 Live Bitcoin Trading | $100,000 SHORT MILLION ZILLION CHANNEL PARTNERS Market Cipher & Phemex Market Cipher Use Code Crown (15% off) ➡️ https://tcrown.me/MarketCipher Phemex (Up To $4,100 Bonus) ➡️ https://tcrown.me/Phemex With interest rate hikes looming, markets are selling off, and cryptocurrency is no exception today! Come watch analysis of the crypto markets, specifically Bitcoin BTC, Ethereum ETH, Ripple XRP, Dogecoin DOGE, and Cardano ADA. Is crypto crashing? Is this a real crypto crash? We will find out together! Follow On Social https://discord.gg/tomcrown https://twitter.com/tomcrowncrypto #bitcoin #bitcoinlive #crypto Tom Crown Bitcoin BTC Cryptocurrency Crown Crypto (YouTube Channel) https://youtube.com/tomcrown All analysis is opinion of Tom Crown. The content of my media are intended for general information purposes only. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.

  • JPMorgan Says This Is The 'Fair Value' Of Bitcoin: Why Analysts Say BTC Is Going 28% Higher

    In a recent note, JPMorgan Chase & Co (NYSE: JPM) said that Bitcoin's (CRYPTO: BTC) fair price is 28% higher than its current level.  What Happened: JPMorgan's strategist Nikolaos Panigirtzoglou said in a note, "The past month's crypto market correction looks more like capitulation relative to last January/February, and going forward, we see upside for Bitcoin and crypto markets more generally."  JPMorgan has said that the present cryptocurrency market has been hurt more than other alternative investments, such as private equity, private debt, and real estate. As prices have started moving back up, the investment bank suggests there's still more room for the crypto market to rebound. Bitcoin plunged to $17,708.62 on June 18, and has since moved 20% higher. Although, the apex crypto remains 69% below its record peak of $68,789.63. Also Read: Crypto Analyst Who Correctly Predicted Bitcoin Would Retreat To $21K Now Has This New Alert What's Next: JPMorgan remains committed to its May assessment of Bitcoin's "fair value" at $38,000, 28% higher than its current market price.  The global cryptocurrency market cap has fallen from over $2.8 trillion in November 2021 to around $955 billion at press time.  However, JPMorgan analysts do not believe the market downturn has caused irrevocable damage to the cryptocurrency space At the time of writing, Bitcoin was trading at $21,266, up 0.46% in the last 24 hours, that adds to a strong week for BTC, which is up over 8% in the past seven days. Photo: Created with an image from Gideon Benari on Flickr © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Poll: Crypto Community Prefers BTC Switch to PoS than ‘Let it Die’

    A crypto influencer posted a poll asking which change is acceptable, supposing it became impossible to have a secure PoW ...Read More...

  • BTC, ADA Post Gains as Traditional Markets Rally in Last 24 Hours

    BTC and ADA see gains as traditional markets rise too. Should the S&P 500 and the Dow Jones see resistance ...Read More...

  • Bitcoin Whale Just Transferred $66M Worth of BTC Onto Coinbase

    What happened: An anonymous cryptocurrency wallet holding $66,351,684 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 19QiLkY3x1VWP7qrTQPPusaK4k2Xwq3WYM You can view more details about the transaction here. Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds on a hardware wallet, as these devices offer better security than cryptocurrency exchanges. Hardware wallets store investors' private keys offline, securing their digital assets from online hacks. When whales transfer bitcoin onto an exchange, this typically means they are looking for liquidity. It's unlikely that the investor plans to hold their crypto on Coinbase, as the security risks of holding large amounts of cryptocurrency on an exchange are higher than holding these assets in a hardware wallet. It's likely that this Bitcoin whale is planning either on selling Bitcoin or trading it for other altcoins. Price Action: Bitcoin is up 2% in the past 24 hours. See Also: How To Buy Bitcoin Public Blockchain data sourced from Whale Alerts Twitter. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bitcoin Whale Moves 3,167 BTC Off Coinbase

    What happened: A Bitcoin (CRYPTO: BTC) whale just sent $67,579,625 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qmjkd7vavvq2jqq7rf2rtq8cyun58sg6cjy3n05r63alagq2m35mqp7a55f. Why it matters: Bitcoin "Whales" (investors who own $10 million or more in BTC) typically send cryptocurrency from exchanges when planning to hold their investments for an extended period of time. Storing large amounts of money on an exchange presents an additional risk of theft, as exchange wallets are the most sought-after target for cryptocurrency hackers. The best way to secure Bitcoin is through holding it on a hardware wallet, which can't be done through holding digital assets on an exchange. Hardware wallets store one's private keys in an offline device, making it impossible for funds to be hacked via the internet. According to Glassnode, only 12.56% of the total supply remains liquid across all centralized exchanges. The removal of BTC from an exchange reduces potential sell side pressure, allowing the price of Bitcoin to increase more easily. See Also: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers Price Action: Bitcoin is up 2% in the past 24 hours. See Also: How To Buy Bitcoin Public Blockchain data sourced from Whale Alerts Twitter. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • More From Thursday’s Bear Market Relief; BTC Above $20k, Others See Green

    Cryptos see some gains following Thursday’s slight stabilization. BTC is currently trading at $20,907.24 after reaching a high of $21,266.39 ...Read More...

  • BTC’s Volatility Has Not Changed Michael Saylor’s Outlook on It

    Michael Saylor recently tweeted a snippet of an interview on FOX Business. BTC’s price could climb to new all-time highs ...Read More...