btc price

Why These Famous Personalities Support Bitcoin

Bitcoin (BTC) probably doesn’t need much introduction after going mainstream and highly visible in 2017. But adoption is still in its very early stages, and more thought leaders, celebrities and businessmen are getting on board. Internet Money, Finance Disruptor: How Celebrities See Bitcoin The idea of a borderless Internet currency seems to appeal to some...
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Bitcoin UTXO Growth Hits New All-Time High, But What Does it Mean?

The Bitcoin (BTC) record is showing one indicator of extreme growth this year – the count of Unspent Transaction Outputs, or UTXO. This growth points to several potential explanations. UTXO Growth May Signal Coin Mixing Activity Each bitcoin transaction has the potential to generate UTXO, or “change”, which is then redistributed to a change address....
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Bitcoin Hash Rate Now 7x The Size It Was During 2017 ATH

While bitcoin price may be going through a period of consolidation at the moment (and frankly, after the year that was 2019, who isn’t?), the network fundamentals are as strong as ever. In fact, the hash rate is currently almost seven times as large as it was during BTC’s all-time high price, back in December...
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Bitcoin May Revisit $6,000 If The Momentum Sustains

The cryptocurrency news and updates today show that the price of Bitcoin (BTC) has reversed just when we thought it would rise more and reach $8,000. The momentum was good until the dominant coin started dropping – and the news now show that Bitcoin may revisit $6,000 if the resistance is not broken soon. BTC...
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Bitcoin Price Needs to Break $7.8K to Turn Bullish

Bitcoin (BTC) is once again stuck in a range, moving for weeks between support and resistance levels around $7,000 to $7,500. Now, new analysis pegs a support of $7,800 as a sign of a new bullish trend. Bitcoin Stuck in a Range Ahead of New Year Bitcoin prices rallied close to $7,500 in a weekend...
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Reaccumulation Phase Is On: Willy Woo And His Take On Bitcoin Now

The major cryptocurrency trader Willy Woo is in the Bitcoin news now for what he labeled a major reaccumulation phase for the most dominant coin. As the last few days of the year go by, Bitcoin (BTC) is still down by almost 50% from its yearly high – but is also around 87% up from...
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Bitcoin Options Trading Poses New Risks to the Market

The Bitcoin (BTC) market will have another source of risk – trading in options. The intention of derivative instruments is to hedge the risk for owners, or potential buyers. But trading option positions holds an additional risk of its own. Bitcoin Options Exposure Expected to Grow Next Year Options exposure is growing, as the markets...
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Bitcoin Price Action Starts Again After Days Of No Movement

It appears that the partnership of the network TRON and the technological magnate Samsung is expanding. After two months of the publicization of the first deal for the integration of Samsung’s Blockchain Keystore, support is added by Samsung for 3 new TRON dApps for the Galaxy S10 phone as we are about to see in...
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Bitcoin Data Shows The Price Never Went Bearish In 2019

The latest bitcoin data shows that Bitcoin actually never saw a bear market in 2019 and the evidence is really easy to find on the blockchain according to some analysts as we are reading below in the bitcoin price news. The data covering multiple metrics shows that despite the recent price volatility, Bitcoin managed to...
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Backtesting Bitcoin’s Stock-to-Flow Model Confirms 2020 Rally

The end of the year is usually a good time to review some price predictions for bitcoin. One model that has grown in popularity this year has been stock to flow and further research indicates that BTC price patterns are accurate. Bitcoin S2F In Depth The model was originally proposed by market analyst ‘PlanB’ who...
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Novogratz Lost The Confidence In Bitcoin, Predicts $12,000 Next

If you are a hodler who appreciates their earnings in crypto, it may be a time you decide to spend some money and shop with crypto at some of the most popular online destinations. The truth is, most of the traders out there don’t know where to turn and use their cryptocurrency to buy goods....
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Bitcoin Investment: BTC ROI Positive for 64% Days Since 2017

Bitcoin (BTC) took off with its mainstream appeal since around mid-2017. Since that time, the market price of BTC has seen ups and downs, with at least a dozen dramatic days of appreciation or crashes. Altcoins at Risk of Being Wiped Out in Value Looking back, betting on BTC prices brought an upward daily move...
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Why Bitcoin Average Price Paints a Bullish Picture

Bitcoin (BTC) has been rising relentlessly in the first decade since its Genesis block. But now, the price may be entering a stage where new price moves are uncertain. Bitcoin Average Price Move in Bullish Direction Looking at average prices paints a bullish picture over the years-long frame. Bitcoin prices have moved through several waves,...
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Altcoins Crash Against The Ever-Increasing Bitcoin Dominance

The Christmas shopping season is officially open and there are many places which accept payments in cryptocurrency. As the latest Bitcoin and altcoin news and rumors show, online retail giants are turning to crypto and have made purchasing wonderfully simple for the average person.However, big players such as Amazon and eBay have yet to make...
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Bitcoin Price Holds Ground As Market Prepares To Take A Turn

The Christmas shopping season is officially open and there are many places which accept payments in cryptocurrency. As the latest Bitcoin and altcoin news and rumors show, online retail giants are turning to crypto and have made purchasing wonderfully simple for the average person.However, big players such as Amazon and eBay have yet to make...
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Total Crypto Market Cap to Grow to $11 Trillion in 2023

Logarithmic scale analysis of the entire bitcoin and crypto market, based on data from the past decade, point to the potential for the sum of all digital assets to reach a valuation of $11 trillion by 2023. Logarithmic Analysis Predicts New Altcoin Bull Run, Bubble in Coming Years Benjamin Cowen, who has dedicated previous analysis...
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Bitcoin Developer Throws Light on BTC’s Upcoming Future

Bitcoin (BTC) attracts the most attention with its price action. But the technological capabilities of the leading coin should not be underestimated. Bitcoin Network Evolves with Lightning Payment Innovations In 2020, more than a decade after the Genesis block was created, the Bitcoin network will have changed in unexpected ways. Beyond highly active mining and...
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Bitcoin to Peak above $140,000 in Next Bull Market: Analysis

The next Bitcoin parabolic rally may take prices as high as $141,173, based on logarithmic band analysis. But the trek to those highs may take a while testing various support levels. Bitcoin Price Prediction Based on Previous Bands Charted Forward Analysis by Benjamin Cowen based this prediction on a backward look at BTC performance so...
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Bitcoin Dominance Increases As It Reaches $7,137: Analysis

Craig Wright, the convicted Faketoshi, has been at it again. Now ‘proving’ that he truly is the creator of bitcoin, by publicizing a timestamped document, in which the origins of the Satoshi Nakamoto pseudonym are shown. Or just holding up an unclear printout with something written on it, on a Skype interview with a compassionate...
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Here are Bitcoin’s Most Dramatic 20% Moves since 2017

Bitcoin (BTC) has tended to look “boring” in 2019. But the coin has regular, dramatic price moves, exceeding 20% per day. This behavior has continued since BTC moved into the mainstream. Bitcoin Surprise Moves Happen Despite Overall Low Volatility Bitcoin saw volatile days from 2017 until now, with 20 occasions of price moves above 20%....
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Bitcoin Whale Activity Picked Up Just Before Price Swing, Data

The past four months saw Bitcoin volatility continue to rise, as prices moved between highs above $10,000 and lows near $6,500. But transaction levels also tell a story of sudden activity just before or during active rally phases. Bitcoin Activity Linked to Transaction Spikes, but Also Sharp Drops Bitcoin transactions, both in number and size,...
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Bitcoin More Likely to Hit $10K in 2020 than Dip to $5K

Bitcoin is still in a consolidating bull market, shows the 2020 prediction of Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Bitcoin Evaded the Worst Scenario of Fast Slide, So Far The behavior of BTC has been erratic in the last months of 2019, leading to even more erratic predictions for the next year. But...
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Crypto Experts Give Their Top Predictions for 2020

In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has in store. Here’s what thought leaders, professionals,...
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Bitcoin Block Size Hits New All-Time High

The Bitcoin network keeps improving in multiple parameters, and this time, mean block size peaked, carrying the heaviest set of transactions on record. Block Size Growth Remains Organic A Bitcoin block has a variable size, though relatively small blocks usually propagate. There is no target or limitation, and the Bitcoin network has not set out...
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Bitcoin Still King, China Sways Crypto Prices

The state of the blockchain space in November shows long-running trends establishing themselves. Bitcoin (BTC) was still the leader in multiple metrics, and China was the focus as activity flowed to local markets, shows the latest Longhash report. China Emerges as Leader in Trading Activity November’s Blockchain Data Report focused on China, basing its conclusions...
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BTC Price Falling Today Could Be A Result Of One Chinese Ponzi Scheme

The BTC price falling today is something that no one expected after yesterday’s fall. However, the cryptonews now show that the most dominant cryptocurrency is taking the lead as many other altcoins are dropping and losing their value. What’s interesting is that all of this may come as a result of one Chinese Ponzi Scheme...
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Bakkt Open Interest Breaks All-Time High as Bitcoin Price Slides

During the most recent slide in Bitcoin (BTC) prices, futures markets caught fire. The Bakkt physical delivery exchange has now reported a new record high in open interest on the platform. Bakkt Open Interest Signals Rapid Funds Inflow Bakkt futures allow for betting both on the upside and the downside of BTC. Now, a bearish...
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5 Bitcoin Events That Could Happen Before 2020 Halving

The Bitcoin (BTC) halving narrative remains one of the chief sources of price speculation going into 2020. Altana Digital CIO, Alistair Milne, says we’re likely to witness 5 events take place before the big day arrives. Pre-Halving Months Will See Bitcoin Accumulation The Bitcoin halving event is less than 150 days away, and while it...
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Crypto Hot Trends and Opportunities for 2020, Messari Research

The crypto sector has gone through a turbulent year, with significant developments in the background. Despite the setbacks, there are expectations for significant trends that will shape the moods, attitudes, and decision-making in 2020. Report Lists Growth Vectors and Failing Crypto Trends The year 2020 comes with various predictions as the Bitcoin (BTC) market is...
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Bitcoin Transactions on the Decline Since June This Year

The level of Bitcoin on-chain activity has declined since June, sliding just as market prices sank from their yearly peak. Transactions also saw a spike in October when BTC touched $10,000 again briefly. On-Chain Bitcoin Transactions Correlate with Exchange Price Action On-chain transactions for BTC often coincide with heightened trading interest. This led to slowing...
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