bitcoin Bitcoin Analysis Cryptocurrency News 

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…

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bitcoin Bitcoin Analysis Cryptocurrency News Opinion 

Leading Technical Analysis Expert Predicts a Bitcoin Shakeout Before Rally – CCN Markets

The Fear and Greed Index suggests that crypto investors are feaful. In addition, a top analyst believes bitcoin has more downside risk before skyrocketing. | Source: Shutterstock Over the last few weeks, bitcoin has been struggling to stay above $10,000. The bullish steam that pushed the dominant crypto to $13,880 is fading away. Armchair traders are quick to notice the coin’s growing weakness. A pseudonymous trader named Escobar has closed short-term long positions. While doing so, the analyst is also maintaining shorts above $12,000. #Bitcoin 1D TF- Closing short term…

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bakkt bitcoin Bitcoin Analysis Cryptocurrency News sec VanEck 

Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date. According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified institutional buyers (QIBs) will be able to purchase publicly quoted DTC-eligible BTC security through a brokerage…

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bitcoin Bitcoin Analysis Bloomberg stock market U.S. Market News 

Global Stock Markets’ Aghast August Dumped 17x Bitcoin’s Market Cap – CCN Markets

A brutal August makes a notable setback for markets home and abroad. | Source: Shutterstock By CCN Markets: August was a brutal month for investors across the world. Global stock markets shed $3 trillion as a dirty cocktail of recession warnings and trade war escalation rocked the markets. To put that into perspective, $3 trillion is 17 times larger than the entire market capitalization of bitcoin, all wiped out in a month. It’s a reminder that bitcoin’s market cap is still a drop in the ocean. A tiny, nascent asset…

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bitcoin Bitcoin Analysis Cryptocurrency News Op-ed 

3 Simple Reasons NOT to Buy the Bitcoin Dip – CCN Markets

Cutting through the squiggly lines of technical analysis, here are three very simple reasons why you should NOT be buying any Bitcoin in the short term. | Source: Shutterstock Bitcoin’s recent drop below $10,000 split an already fractured cryptocurrency community into two distinct camps. On one side are the optimists who believe Bitcoin’s drop to $9,400 is merely a blip on the way to the moon – and an excellent opportunity to buy more coins. On the other side are those who believe the summer pump is over and more…

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bitcoin Bitcoin Analysis Brian Kelly Cryptocurrency News 

Brian Kelly Is Short-Term Bearish but Sees ‘Generational Opp’ in Bitcoin

Brian Kelly is bearish on the bitcoin price in the short term but believes there is a generational buying opportunity coming in BTC/USD. | Source: CNBC/YouTube By CCN Markets: The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there is a “generational buying opportunity” coming…

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bitcoin Bitcoin Analysis Bitcoin Economics federal reserve Opinion 

Why Bitcoin Rules in the ‘Insane’ World of Negative Interest Rates

Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source: Shutterstock By CCN Markets: In Denmark, some depositors are now paying the bank to look after their money. In Germany, the 30-year bond yield just went negative. A total $17 trillion of global bonds are now negative and it’s rising at a rate of a trillion a week. On the flip-side, Danish banks will pay you interest to take out a mortgage. Welcome to the bizarre new world of negative…

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bitcoin Bitcoin Analysis Cryptocurrency News Turkey 

Turkish Bitcoin Adoption Ramps Up amid Flagging Economic Recovery

Turkey interest in bitcoin remains robust as the economy struggles to recover from the collapse of the lira from 2018. | Source: Shutterstock By CCN Markets: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of Turks were crypto positive, while 36% said they would be happy to be paid in bitcoin. Meanwhile, Austrians were the most skeptical, with only 13% being pro-crypto. Screenshot of ing.at poll These sentiments make perfect sense given Turkey’s recent economic…

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bitcoin Bitcoin Analysis Bitcoin Price News Bitcoin Trading Cryptocurrency News Murad Mahmudov 

Bitcoin Could Hit $100K in the Next Bull Run: Hedge Fund CIO

Yet another crypto fund executive sets an ambitious $100,000 price target for bitcoin. Source: Shutterstock Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a weak chop for the next week or so, but my intuition tells me there is steady accumulation happening at these…

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Binance bitcoin Bitcoin Analysis Bitcoin Price News Craig Wright Donald Trump Opinion 

Trump Triggered the Latest Bitcoin Price Spike

Binance Research made the specious claim that the that latest bitcoin price spike was caused by President Donald Trump’s tariff rhetoric. | Source: NICHOLAS KAMM / AFP (i), Shutterstock (ii). Image Edited by CCN. Binance Research, the research arm of the world’s largest crypto exchange, claims that President Donald Trump caused the latest bitcoin price spike. Binance Research made the specious claim on Twitter, where it noted: “BTC has rallied, together with multiple safe-haven assets, after Trump’s latest tariff storm. Will the trade war continue to be a catalyst for…

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