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The latest cryptocurrency news and analysis from around the world

TA: Ethereum Prints Bullish Break: Why ETH Could Surge Above $1,200

Ethereum started a fresh increase above $1,050 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards the $1,200 and $1,250 levels. Ethereum started a fresh upward move above the $1,020 and $1,050 resistance. The price is now trading well above $1,100 and the 100 hourly simple […

The Bitcoin Price Just Ripped Past $35,000 After Consolidation

Bitcoin just set a new all-time high just minutes ago, exploding from $34,000 to $35,800. The cryptocurrency has since retraced slightly to $35,300 as the breakout has slowed to some extent. BTC’s rally appears to be a byproduct of news that the democrats are expected to win the Georgia Senate elections, which will determine the […

The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’

The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that are equivalent to $140 million versus the 2019 […]
The post The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’ appeared first on Bitcoin News.

TA: Bitcoin Revisits $34K, Why BTC Could Surge To New ATH Above $35K

Bitcoin price started a fresh increase above the $33,200 resistance against the US Dollar. BTC is likely eyeing more upsides above the $34,500 and $35,000 resistance levels. Bitcoin is up over 5% and it broke the $33,200 and $33,500 resistance levels. The price is trading nicely near $34,000 and it is well above the 100 […

Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits

The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set to Introduce Two Crypto Bills to Combat Terrorism Financing and Fraud According […]
The post Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits appeared first on Bitcoin News.

Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend

Among the many reasons Bitcoin turned bullish in 2020, was primarily due to the sudden fear of inflation caused by unprecedented money printing. Each new round of stimulus money resulted in yet another massive rally in the cryptocurrency, helping fuel its rise from $3,000 to over $34,000. Inflation expectation has been in decline ever since […

Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’

Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that details how the company helped the firm One River Asset Management make “one of the […]
The post Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’ appeared first on Bitcoin News.

Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K

Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is a global investment manager that […]
The post Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K appeared first on Bitcoin News.

Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence

Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the mid-term will likely depend on […

This Eerie Ethereum Fractal Suggests The Top Is In… For Now

Once Bitcoin finally began to cool off, capital began to flow into Ethereum causing an enormous breakout. The rapid rise took the altcoin to an over 50% increase in just two days, but a selloff stopped the token’s booming trend in its tracks. Crypto is bullish, and more upside cannot be ruled out. But a […

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