‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.
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South Korean Bitcoin lending platform Delio pauses withdrawals
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity. 474 Total views 4 Total shares Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.”The…
Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery
July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive…
What Will Move Crypto Into the Institutional Realm?
Facebook recently made its entry into the world of institutional blockchain and cryptocurrency with the announcement of Libra. It garnered so much attention that lawmakers in the United States are holding hearings to review the project. Walmart has been flirting with crypto and blockchain for years. At the time of writing, the top crypto exchange…
Traders flock into altcoins as Bitcoin price trades sideways
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. 318 Total views 3 Total shares The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting double-digit…
Bitcoin Price Breaks Above Key Resistance Levels as Bulls Target $8.6K
Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring bullish momentum to the current uptrend which has seen the price rise from $7,655 to $8,536 over the past week. Cryptocurrency market weekly overview. Source: Coin360For the second time in a week, the…
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout.
Bears intend to pin Bitcoin price below $42K until Friday’s $700M expiry passes
Bitcoin (BTC) has been trading in a descending pattern since the strong $53,000 rejection that occurred on Sept. 7, and the $3.4 billion futures contracts liquidation along with China's ban on crypto trading appear to have severely impacted traders' morale. Adding to the negative sentiment, major crypto exchanges like Binance and Huobi halted some services in…
Crypto trading firm Amber valued at $3B after big Singaporean investment
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer. 271 Total views 4 Total shares Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise…