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Autor: Can E

As Bitcoin continues to hold above $9,800, one whale decided now was the time to move more than $1 billion in BTC. According to blockchain data, an unknown Bitcoin (BTC) trader moved over 132,255 BTC — roughly $1.3 billion — in three transactions just one minute apart on June 11. The cryptocurrency was moved in …

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After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from its Shenzhen factory. According to sources of Chinese publication BlockBeats, Zhan issued an order prohibiting employees from shipping products to Bitmain’s customers. The reason for doing so remains unclear. …

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The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy. A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.” BTC hardens, USD …

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The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive …

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Bitcoin (BTC) price yet again surged past $10K for just a few hours before experiencing a short sharp 10% sell-off last week. Each time this happens, crypto Twitter brings out the fanfare rejoicing at the fact that we’ve reached this psychological milestone. It’s almost becoming too predictable, and that is exactly …

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Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests.  According to Glassnode’s Miner Outflow Multiple (MOM), outflows from mining pools compared to their one-year moving average are nearing all-time lows. Demeester “bullish” on BTC miner data MOM calculates coins leaving mining …

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Bitcoin (BTC) is looking like it did at its 2018 bear market bottom — and one fundamental is about to repeat a move which has only happened twice in its history. Analysis of Bitcoin network difficulty following its latest adjustment on June 4 reveals a key similarity to when BTC/USD traded at …

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Bitcoin (BTC) dollar-cost averaging for even a single year is an opportunity investors “cannot ignore,” one of the industry’s best-known price analysts thinks. In a Twitter debate on June 3, PlanB, creator of the popular stock-to-flow Bitcoin price models, said that short-term dollar cost averaging, or DCA, could easily net 70% returns. “Investors …

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Chinese law enforcement discovered a Bitcoin (BTC) mining operation in what appeared to be multiple underground burial sites. Local English-language news outlet Beijing News reported on May 31 that law enforcement found an illicit mining operation in the northern Chinese city of Daqing. More precisely, the mining operation was located in what …

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Bitcoin (BTC) hitting $10,000 has been frantic activity on exchanges — investors are buying the largest cryptocurrency at five figures, not selling. According to data from monitoring resource Coin Metrics on June 2, one 10-minute period alone saw trading volume hit a giant 3,500 BTC. “Peculiar” BTC price action sparks volume surge As markets …

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