During the month of June, the number of “whale” Bitcoin trades (a trade that is at least 10 BTC tokens) had spiked higher, in particular on the popular OKEx exchange.
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- Record Whale Bitcoin Trades Recorded by OKEx in June During the month of June, the number of “whale” Bitcoin trades (a trade that is at least 10 BTC tokens) had spiked higher, in particular on the popular OKEx exchange....
- Does Bitcoin Depend on the S&P500 in the Near Term? Bitcoin continues to be subdued as financial markets are under pressure due to increased uncertainty generated by COVID-19. What’s even more concerning for BTC investors has to do with the...
- Bitcoin Breaks Triangle on the Upside – Bullish Sentiment? Following a period of diminishing volatility, Bitcoin buyers seem to be energized again, now that the price had managed to break a triangle pattern on the upside. Covered in our...
- Bitcoin-Stocks Correlation Increases Alongside Virus Fears Following two months when Bitcoin and stocks had small correlation, things had taken a new turn since a few days ago, when both asset classes started to weaken as the...
- Bitcoin False Breaks Around $10,000 – Buyers Weakened? As we’ve been highlighting since a few weeks ago, Bitcoin had finally reached the key $10,000, broke above it, but stalled around $10,400 only to resume the selloff impulsively. A...
- Massive BTC Exchange Withdrawals Since March 12th Despite managing to rebound from the March lows, interesting flows of BTC occurred on exchange platforms. The market panic led to record outflows, which may have to do with two...
- Bitcoin Buyers Look Set to Retest the Key $10,000 Area There’s no significant sign of weakness in the Bitcoin bull run and that’s raising the prospects for the near term, given that an impulsive breakout above the $10,000 area could...
- Bitcoin Remains Stable Right After the 2020 Halving The 2020 Bitcoin halving had been successfully executed and now the block reward is 6.25 BTC. This drop in new daily supply is viewed as a deflationary pressure and in...
- Bitcoin Tests the $10,000 Area – Uncertainty Moving Ahead? The positive mood in the cryptocurrency market had continued for the past few days and as a result, Bitcoin had managed to reach the $10,000 area for the first time...
- Is the May Bitcoin Halving Already Priced In? May 11th, 2020 is the big date for Bitcoin this year, which is when the third halving will take place. Block rewards will be cut into half to 6.25, but...
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