Bitcoin (BTC) price opened the weekend trapped within the $33,500 to $32,000 range but at the time of writing the digital asset is struggling to hold above $32,000. A few analysts have warned that the recent price loss of momentum may be a sign of ‘institutional exhaustion’ as selling pressure from Asia has increased since Jan. 19. Despite Bitcoin’s current downtrend, some institutional investors are sticking to their prediction that BTC price will reach $100,000 before the end of 2021. This suggests that institutions are buoyed by rising investor sentiment…
Day: January 24, 2021
Is Riot Blockchain (RIOT) a Hot Stock?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Check out my online trading courses: Use this secret coupon code to get a discount: YT99 In this video, I discuss the possible merits of Riot Blockchain (RIOT) as a trade and as an investment. The company has a money-losing, scammy history, cycling through multiple CEO’s and business and name changes. The executives and board are overpaid for a company that continuously loses money. They also have a history of poor investment allocations and write-downs. RIOT looks to me more like a…
Все, что нужно знать про Ethereum 2.0 | Майнинг
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Завтра Ethereum начинает первую фазу перехода на алгоритм Proof of Stake и постепенно движется к Ethereum 2.0. Переход будет состоять из 3 фаз, которые постепенно приведут сеть эфириума к совершенно новому и более технологичному проекту. Займет это точно более 2 лет. При этом, старая цепочка на Proof of Work продолжит работать все это время. И майнеры смогут продолжать майнить эфир на видеокарт как минимум 2 года. ☑️Наш канал в Telegram: ☑️Рекомендую лучший VPN NordVPN – ☑️Поддержать канал: 13oktSsmKABarzdfdYUFnvkX47keJVbgNG ☑️Оформить спонсорскую подписку: Вы…
Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’ – Markets and Prices Bitcoin News
While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding 1,000 Bitcoin Spikes According to onchain statistics, bitcoin whales with a balance of more than 1,000 bitcoin are growing and the recent BTC price drop helped bolster the metric. A few days before the drop…