Latest News for: btc

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Glassnode predicts BTC rally as stablecoin supply tags record highs

The Coin Telegraph 04 May 2021
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined ....
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Bitcoin Price Prediction: BTC tumbles eyeing $50,000 amid rejection from $59,000

CoinGape 04 May 2021
Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading ... Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under $55,000. Bitcoin fights for higher support ... BTC/USD four-hour chart ... BTC/USD price chart by Tradingview.
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Bitcoin (BTC) NVT Ratio Reset Suggests Undervaluation At Current Price, Bullish Signals Intact

CoinGape 04 May 2021
On the other hand, the BTC supply at exchanges has been constantly dropping ... Over the last five months, BTC supply at exchanges has been on a constant declining trend ... If #Bitcoin keep moving off Coinbase at the rate they have over the last 5 months, the exchange will have 0 BTC left to sell in 454 days.
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Bitcoin smart contract platform RSK sees TVL of 1,445K BTC driven by Sovryn DeFi app launch

CryptoNinjas 04 May 2021
CryptoNinjas » Bitcoin smart contract platform RSK sees TVL of 1,445K BTC driven by Sovryn DeFi app launch. RSK Network, a smart contract platform secured by Bitcoin, announced today it has surpassed Lighting Network (LN) total value locked (TVL) in Bitcoin (BTC), and now stands at 1,445 BTC locked.
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Bitcoin Perfectly Set Up for Leap Towards $100,000, Says Crypto Analyst PlanB

The Daily Hodl 04 May 2021
A widely-followed analyst known for being the first to apply the stock-to-flow model (S2F) to Bitcoin says that BTC has just created a perfect setup for a spike up to $100,000. The S2F, traditionally used in commodities markets like precious metals, compares the price of an asset versus the amount of new supply ... April close $57,200 ... Feb close $45,240.
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TA: Bitcoin Trims Gains, Here’s Why The Bulls Could Struggle Near $57K

NewsBTC 04 May 2021
BTC declined sharply and tested the $54,500 support zone, where the bulls took a stand ... There was a break below a major bullish trend line with support near $57,300 on the hourly chart of the BTC/USD pair (data feed from Kraken) ... BTC tested the $59,000 zone, but it failed to continue higher ... More Losses in BTC?.
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Bitcoin Long-Term Holdings Mature as Investors Refuse to Sell

CryptoPotato 04 May 2021
— glassnode (@glassnode) May 3, 2021 BTC Hodl On. The data provider defines BTC bought more than 155 days ago as ‘long-term holder’ coins and this period was in early November 2020 when prices were rallying from $16K to $18K ... BTC tapped $59,000 twice on Monday, May 3, but resistance there proved too strong for it to overcome.
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Bitcoin (BTC) Price Prediction: BTC/USD Struggles to Break Above $58,000 Resistance, Lacks Buyers at Higher ...

Inside Bitcoins 03 May 2021
Bitcoin (BTC) Price Prediction – May 3, 2021. BTC/USD is in a brief uptrend and has partially broken above the $58,000 resistance ... $50,000, $45,000, $40,000 BTC/USD – Daily Chart. Today, the BTC price has returned to retest the $58,000 resistance level ... BTC/USD – 4 Hour Chart.
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BTC vs ETH, How the World’s Second-Largest Crypto Overwhelmed BTC Performance In April

CoinGape 03 May 2021
In fact, it has clearly dominated the market overwhelming Bitcoin (BTC) entirely ... Also, if we see the monthly chart, BTC returns stand at negative 1% while that of Ethereum (ETH) stands at a massive 50% over the last month. Similarly, while BTC’s year-to-date returns stand at around 100%, ETH has overwhelmed by 3x with around 300% returns.
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