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Bitcoin Unable To Break $12k While Bitcoin Cash (BCH) Joins the Party (Market Watch)

Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits. Bitcoin Aims At $12,000 Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took...
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Safe Haven? Bitcoin’s Recent Rally Correlated With Gold And Silver

Over the year so far, Bitcoin has demonstrated interesting correlations with legacy markets. During the crash, largely-induced by the spread of the novel coronavirus and for a period after that, the cryptocurrency was trading in line with the stock market. Now, however, it appears that Bitcoin is largely perceived as a safe haven as it...
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$1 Billion Worth of Bitcoin Just Sent For a $4 Fee

Bitcoin’s network is known for a lot of things, and low transaction fees are undoubtedly one of them. Less than an hour ago, we saw another example of this as upwards of $1 billion worth of BTC was transferred from one address to another for a fee of $4 at current rates. $1 Billion Worth...
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Grayscale Files an SEC Form 10 For Its Ethereum (ETH) Trust

The large cryptocurrency asset manager Grayscale Investments has filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for its Grayscale Ethereum Trust. Should the application be successful, the ETH Trust will be the second company product designated as a digital asset investment vehicle reporting to the SEC after the Grayscale...
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$30 Million In BTC And BCH Seized By German Authorities And FBI

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K. Movie2K’s Backstory The pirate streaming website began operating in 2008 and ran until 2013. In that timeframe,...
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Bitcoin Price Analysis: BTC Fails to Retest $12K, is the Bull Run Over?

Bitcoin bulls look pretty tired right now. The leading cryptocurrency has printed the first lower high since July 21 and is currently stalling around the 0.786 Fibonacci level (white lines) at $11,743. We’ve also seen $4 billion exit the market in the last ten hours, which seems to suggest that some traders are cashing out...
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Bitcoin Price Stopped At $11,800, Altcoins Got a Hit (Market Watch)

Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts. Bitcoin Moves Ahead As CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a...
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Grayscale Crypto Fund Grows 15% in a Week Hitting $5.5 Billion AUM

Grayscale Investments has been loading up on digital assets for a while now, more so when prices have been depressed. Its Bitcoin Trust enables investors to gain exposure to the price movement of BTC through a traditional investment vehicle. This is a bonus for institutional investors seeking to expand their portfolios but not wanting to...
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Testimony By Craig Wright’s Wife Puts “Satoshi” in Very Hot Water

Lawyers for the estate of Dave Kleiman claim Craig Wright and his ex-wife, Lynn Wright, again attempted to defraud the courts by lying about Ms. Wright’s role in her ex-husband’s former firm, W&K Info Defense Research. Craig Wright Contradicts Courts Again? Craig Wright’s counsel had built part of a legal argument on the claim that...
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Dave Portnoy: I’m Coming to Bitcoin

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there. Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming...
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JPMorgan: Young People Buy Bitcoin, Elderly Investors Gold

The financial crisis prompted by the COVID-19 pandemic has highlighted the various investment approaches initiated across different age groups. According to a new JPMorgan analysis, elderly generations have turned to more traditional assets such as gold and bonds, while younger people have gone for Bitcoin. Old For Gold, Young For Crypto Bloomberg cited the latest...
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Crypto-Friendly Cash App Sees Quarterly Bitcoin Revenue Of $875 Million

Jack Dorsey’s Square noted that its cryptocurrency-friendly mobile payment app Cash App had registered its best quarter during Q2 2020. Nearly half of the $1,92 billion total revenue came from the company’s Bitcoin trading service. As a result, Square shares have pumped after hours following the record numbers. Cash App’s Record BTC Revenue Square published...
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Bitcoin Price Stagnant as Gold Records ATH Above $2,000

During yesterday’s trading session, gold’s futures contracts and shortly after the spot price broke above the coveted $2,000 level for the first time. In the cryptocurrency market, Bitcoin remains relatively calm, while some altcoins are fluctuating with another all-time high charted by Chainlink. Cryptocurrency Price Movements After yesterday’s unsuccessful attempt to overcome the $11,500 resistance,...
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Bitcoin Price Hits ATH Against the Turkish Lira

On Sunday, Bitcoin hit the all-time high against the Turkish lira (TRY). It has to do with the recent Bitcoin rally and the declining Turkish fiat currency, which fell to a record low against the euro. Bitcoin’s Safe-Haven Capability Is Noticeable in Turkey Cryptocurrency bulls are waiting for Bitcoin to update its all-time high, but...
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Bitfinex Announces $400 Million Reward For Hacked Bitcoin Recovery

Bitfinex will be awarding $400 million for the successful recovery of bitcoins lost in the infamous August 2016 hack. The offer is also open to the hackers themselves who pilfered around 120,000 BTC, worth $1.3 billion (at today’s rates). Bitfinex: Help Return 120,000 BTC Worth $1.3 Billion, Get $400 Million In an official announcement today,...
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FOMO: Highest Ever Number of New Bitcoin Users Since 2017

Bitcoin’s price increased by about 22% over the past couple of weeks. Its gains were greater, but there was a sudden correction during the weekend. In any case, it’s safe to say that volatility is back in the market, and with it, the interest is also increasing. In fact, data from Glassnode shows that the...
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US DOJ After $7.2 Million Crypto Ponzi Banana Fund

The United States Department of Justice (DOJ) has filed a complaint against an alleged cryptocurrency Ponzi scheme to forfeit over $7 million in Bitcoin and Tether. The administrator of the scam called the “Banana Fund” has used some of the raised funds for personal benefits, including purchasing a house. DOJ Against Banana Fund Ponzi Scheme...
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Russian Crypto Fraudster Trialed Over Billions in Laundered Bitcoin

Forty-year-old Russian computer expert, Alexander Vinnik, allegedly supervised and operated a Russian cryptocurrency exchange called BTC-e from 2011 to 2017. The alleged fraudster is also wanted by Washington and Moscow, according to statements from his lawyer and recent reports. Extradition Tussle: France, Russia, and America Vinnik was arrested in Greece in 2017 at the request...
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Bitcoin Price Analysis: Bullish Reversal Pattern Emerges, BTC to $12K Soon?

We have now entered into Bitcoin’s worst month in terms of historical performance. On average, the leading crypto crashes 14% during the month of August. That being said, BTC price action appears to be falling in a bullish reversal pattern that suggests a spike to $12,000. And this could happen very soon. The mentioned pattern...
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LINK Paints Fresh At Above $9 While BTC Dominance Bleeds (Market Watch)

Green dominates most of the cryptocurrency market with some impressive gains from Ripple, Tezos, and Chainlink as LINK even marked a fresh all-time high. Bitcoin’s unsuccessful attempt to conquer $11,500 has pushed the asset down to $11,300 Altcoins Rejoice, LINK ATH Speculations for а revived altcoin season emerged today as the majority of alts have...
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Analysis: Bitcoin’s Sunday $1500 Crash Likely Predicted By Active BTC Addresses Decline

The price of Bitcoin reached a yearly high of above $12,000 yesterday, but it retraced heavily moments after. According to recent data, the correction was overdue since the number of daily active BTC addresses fell behind the price. Bitcoin’s DAA Impact The Price Daily active addresses (DAA) provide a general idea of how many users...
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If History Repeats: Bitcoin Price at $430,000 During Next Bull Run

Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021. Bitcoin At $430,000? The primary cryptocurrency has built a reputation for beating unfavorable odds...
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Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again. A Breath Of Stability For Bitcoin The weekend was nothing short than volatile for the...
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Bitcoin Price Touched $100,000 on Binance Quarterly Futures For September

The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours. Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly...
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After Bitcoin’s $1500 Immediate Plunge, Is The 2020 Bull-Run Over? BTC Price Analysis

The past ten days, which were the last days of July, were a blessing for the price of Bitcoin. Right after breaking out above the blue-marked trend line at $9200 on July 21st, Bitcoin started to fire its engines, and yesterday – following ten magic days – BTC price recorded a fresh 2020 high above...
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Weekend Ride: Bitcoin Plunged $1500 In Minutes, After Recording Fresh 2020 High

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now. Bitcoin’s New 2020 Top And Drop August doesn’t...
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July Marks Bitcoin’s 2nd Highest Monthly Close Ever After December 2017

Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance. In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own. Bitcoin’s Highest Monthly Close Since Dec 2017 There’s currently no...
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Altcoins In Deep Green As Bitcoin Skyrockets: Market Cap Heading To $350 Billion

Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level. Bitcoin Rejoice At A New Yearly High Bitcoin’s first days in July were rather dull as it traded sideways in a tight...
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Bitcoin Just Broke To New 2020 High: Those Are The Next Price Targets To Watch

Today is the first day of August, and this means that a few hours ago, the monthly candle of July closed. A surprising fact is that only once in its history, Bitcoin had recorded a monthly close higher than yesterday’s – and that was during December 2017 – the peak of the bubble. After two...
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Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400,...
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Bitcoin (BTC) $ 92,922.90 2.85%
Ethereum (ETH) $ 3,276.88 1.55%
Tether (USDT) $ 0.998857 0.06%
XRP (XRP) $ 2.14 4.04%
BNB (BNB) $ 674.28 2.34%
Solana (SOL) $ 181.35 0.61%
Dogecoin (DOGE) $ 0.305458 2.99%
USDC (USDC) $ 0.999222 0.15%
Lido Staked Ether (STETH) $ 3,270.94 1.18%
Cardano (ADA) $ 0.866658 3.06%