|submitted by Rufflenator to 3bitcoins [link] [comments]|
|submitted by ososru to Bitcoin4free [link] [comments]|
|submitted by Turil to wholisticenchilada [link] [comments]|
|submitted by BitcoinAllBot to BitcoinAll [link] [comments]|
|submitted by vnbitcoin to Bitcoin [link] [comments]|
|submitted by vnbitcoin to BitcoinMining [link] [comments]|
|submitted by blockchaincenter_de to CryptoCurrency [link] [comments]|
One of the largest Bitcoin holders emptied his wallet in one transaction at 14,922 BTC ($ 144 million). The commission was only $ 0.3.submitted by btcxlab to CryptoMarkets [link] [comments]
Information about the movement of funds published service Whale Alert. According to him, bitcoins were transferred to an unknown address.
The identity of the whale is also unknown, but its wallet has been the subject of close attention in recent months. According to BitInfoCharts, on April 5, the address was 58th in terms of the number of bitcoins on the balance sheet (12,380 BTC or $ 85.08 million at the exchange rate of that time).
On May 13, the wallet rose to 48th place, bringing the total cryptocurrency to 15,470 BTC ($ 138.15 million at that time).
A week earlier, an unknown whale transferred 47,835 BTC ($ 417 million) with a commission of $ 1.44.
In October 2019, a transaction on 112,027 BTC was carried out on the Bitcoin network (more than $ 930 million at that time). The commission then amounted to $ 3.89.
In September last year, a transaction was recorded at 94,504 BTC, which exceeded $ 1 billion at the exchange rate at the time of the transfer. In this case, the commission turned out to be unusually high - $ 700.
submitted by bestchange_pr to bestchange [link] [comments]
Opinion: the BTC price will drop down to $7,000 before a new rallyBloсkroots analyst and founder Josh Rager thinks that the price of bitcoin is ready to break through its historical maximum of $20,000, but it has to drop down first in order to do that.
He studied the chart starting from 2010 and noticed that there had been a powerful fall before each explosive growth. For example, the price formed a bear triangle in 2018, then fell from $6,300 to $3,100 and then rose to $13,800.
At the moment, the chart shows a similar formation. According to the analyst, the rate will plummet to $7,000 and then it will rise to the historical maximum towards the end of the year
The nearest target for bitcoin is $8,700Analyst filbfilb writes. According to him, the price lost its key support at the level of $9,250 and is now on its way to the round point of $9,000.
According to the trader, the nearest target will be $8,700 where the week support and the lower boundary of the side channel are. The analyst points out that the price has been consolidating since the beginning of May within the range of $8,600-10,000.
This week the price of the first cryptocurrency has lost more than $200 alongside hacked Twitter accounts of cryptocurrency exchanges and some celebrities. The hackers asked the subscribers to transfer bitcoins to the specified address in order to get twice as big the amount in return.
The bitcoin price is ready to rise up above $11,000CredibleCrypto analyst thinks that the BTC rate has completed the accumulation stage and is going to break through the point of $11,000.
He compared the current situation to the classic Wyckoff accumulation and came to the conclusion that it was completed. The trader predicts that the nearest targets should be the levels of $9,600, $10,400 and $11,000.
He points out that the bitcoin price is near the strong resistance of $10,000 and ready to liquidate the positions of sellers with one strong upward surge.
Chainlink (LINK) is currently the most popular Defi project.submitted by jakkkmotivator to thecryptobasic [link] [comments]
The LINK rate has almost doubled in the past 3 weeks and hit a new all-time high of $ 8.48. As a result, the market capitalization rose briefly to over $ 2.5 billion and placed LINK in 8th place at CoinMarketCap.
Of course, many are wondering how such a sharp rise in share prices could occur.
Therefore, today we take a closer look at the possible reasons for the strong LINK Pump.
If you are looking for cryptocurrency exchange with zero spot trading fees and Leverage trading engines that are ten times faster as compared to other cryptocurrency exchanges, Visit Phemex Exchange
Basically, there are currently three main factors that have led to the LINK price increase.
This includes the human psychology of pricing, high-profile partnerships, and a generally strong dynamic in the altcoin market.
In addition, the increasing trading volume may have fueled the LINK price increase.
Chainlink pricingThen on July 6th, the time had come.
The LINK price exceeded its previous record high of $ 5.31 and entered the pricing phase.
This phase leads to FOMO (Fear Of Missing Out) in most markets.
The way up is clear and has no natural resistance that could be identified by technical chart analysis.
Exactly this fact leads to the fact that many speculators get in and fear to miss something, are almost ready to pay any price.
Therefore the current Chainlink price increase could be irrational and encounter a hard correction.
Within the last seven days, after the old all-time high was broken, the price exploded by over 40%, rising from $ 5.31 to $ 8.48.
The LINK price is currently around USD 7.76.
The trading volume of LINK also rose to a level that has not been observed since April 2020.
At that point, the bitcoins price recovered from its strong sell-off to around $ 3,750.
During this period, the demand for cryptocurrencies from retail investors rose by leaps and bounds. Some analysts believe that the LINK price could rise to USD 10 in the next few weeks.
However, this statement should be treated with caution.
Partnerships stimulate businessOver the course of this year, Chainlink has entered into many high-profile partnerships with companies in the crypto sector. Chainlink partnered with Nexo on July 8th. Nexo is a crypto credit company with around 800,000 users. Chainlink is to make its Oracle solutions available to the company. Chainlink co-founder Sergey Nazarov said:
We are excited to bring Chainlink's secure and reliable Oracle solutions to Nexo's popular credit platform so users can independently check the interest rate and collateral rates they should receive on the blockchain.
Over the past two months, Chainlink has partnered with blockchain projects and companies like Matic Network and Hedera Hashgraph. Chainlink was also mentioned in a Google blog post entitled Building hybrid blockchain/cloud applications with Ethereum and Google Cloud.
LINK does not miss a partnership and therefore remains on everyone's lips.
Feels like every major crypto company is already included as a partner. This attracts a lot of attention and thus increases interest in Chainlink.
Altcoin and Defi Momentum bring LINK upThe Altcoin market has shown its strong side in recent weeks. While the Bitcoin price was rather sideways, some altcoins have exploded. Chainlink is just the tip of the iceberg. Many other projects, especially from the Defi Space, were able to grow properly.
DeFi is on everyone's lips and investors are looking for the next “insider tip” to quickly make a few 100%.
The crypto market is becoming increasingly irrational and money is being thrown from one project to the next. It is strongly reminiscent of 2017 and 2018 at the ICO hype.
The strong hype and greed can be felt and makes a timely correction more and more likely.
Many are already talking about an Altcoin Season and are currently seeing LINK and many other Altcoin projects outperforming BTC. How long the situation lasts and whether further profits can be achieved with LINK is in the stars.
But you should keep in mind that Chainlink has increased by over 450% in the last 3-4 months. This could lead to strong correction.
In the past two months, we have seen a significant decline in bitcoin dominance, While the value on May 15 was still 69.60%, it fell to around 62.60% by yesterday's Sunday.submitted by jakkkmotivator to thecryptobasic [link] [comments]
So that means that many altcoins perform better than BTC.
However, in view of the more than 5000 altcoins, the question of which coins should now outperform Bitcoin naturally arises.
The spectrum ranges from the well-known alts such as Ethereum to the new top performers like Chainlink.
If you are looking for cryptocurrency exchange with zero spot trading fees and Leverage trading engines that are ten times faster as compared to other cryptocurrency exchanges, Visit Phemex Exchange
In this article, let's take a look at an analysis by Santiment and see why they think Ethereum (ETH), Chainlink (LINK), and Ren (REN) could beat Bitcoin.
Santiment underlines the feeling of the Altcoin seasonFirst of all, the Santiment report presented is about a so-called short-term outlook.
This means that all statements refer to a short-term period. And for this short-term period, the analysis company now sees the altcoins ETH, Link, and REN at the forefront.
The report begins with a brief summary of the situation.
While the Bitcoin price is largely still in the price range of $ 9,000 - $ 9,500, many altcoins, in particular, have seen strong increases.
Santiment sees the greatest potential here at Chainlink (LINK).
Chainlink as a winner in front of Ethereum and RENIn the report presented, Santiment uses 3 indicators to assess the short-term situation of the altcoins. Chainlink sees this in the first place.
In addition to the positive indicators, the company also attests to the token based on the Ethereum Blockchain a bullish signal through the use in the context of China's National Blockchain Service Network (BSN).
After this news was published on July 8, the LINK course saw strong growth.
Let's take a quick look at the chart:
We can see from the 30-day chart that the price of Chainlink rose from around USD 4 to USD 6 at the beginning.
This makes LINK one of the best performers of the past 30 days.
Ethereum and REN are further candidatesIn addition, the company says that they see Ethereum and REN as additional candidates for outperformance. As already mentioned, 3 indicators were considered for this.
Now let's take a look at the ones behind it. Then, of course, we also look at the values for the individual altcoins.
NVT, DAA and Sentiment Volume Consumed as indicators
The first indicator examined is the Network Value to Transactions Ratio (NVT).
This is a metric that relates the volume of transactions divided by the number of coins/tokens in circulation to market capitalization. This is done over a period of time. In our case, that's the 3-day average.
The second indicator is the daily active addresses in relation to price divergence. Simply put, the price dynamic is set in relation to the number of active addresses.
You can find more information here. The third parameter is called Sentiment Volume Consumed. This is about the measured “sentiment” on Twitter.
Now let's look at the ratings for Bitcoin, Ethereum, LINK, and REN.
The company assigned a numerical value of 0-10 for each indicator, which varies between maximum bearish (0) and maximum bullish (10).
LINK before Ethereum, REN, and Bitcoin: the resultsLet's start with the top dog Bitcoin. BTC received only a value of 2 for the indicator NVT. The DAA value was 5 and the value for Sentiment Volume Consumed was 6.5. This gives a total value of 4.5, which Santiment sees as a neutral rating.
Ethereum itself receives 5 points for NVT, 8 points for DAA, and 7.5 for SVC. This results in a total value of 6.8. Santiment rates this as bullish. Ethereum got the second-best total after Chainlink.
LINK itself received 9 points in the NVT area. 5.5 points were awarded for DAA and 7 points for SVC. This gives a value of 7.2.
REN received 8 points in NVT, 7.5 in DAA, and only 3.5 in SVC. This gives a total value of 6.3, which is still bullish overall.
Conclusion: Short-term outperformance possible
Santiment's report shows that the 3 cryptocurrencies Ethereum, Chainlink, and Ren offer the short-term potential to outperform the top cryptocurrency Bitcoin. However, it is important to understand that these figures only give a short-term outlook and therefore do not constitute a long-term trading recommendation.
Alex Wason and John Barry | Mon Jul 06 2020submitted by QuantifyCrypto to Bitcoin [link] [comments]
The Federal Reserve Stimulus Leads to 0% BondsOn March 15th, the Federal Reserve started the first round of its stimulus plan to stabilize the tumultuous economic conditions caused by the country-wide shut down due to COVID19. Significant was a $700 billion round of Quantitative Easing (QE) and the cutting of interest rates effectively to zero percent. The reaction of the stock market and most asset classes was to continue its downward trend that had started in late February. The Federal Reserve continued to make smaller policy changes during the next 8 days until March 23rd when it announced its “extensive new measures to support the economy”. In short, the Fed is expanding its QE program announced on March 15th and will be making additional expansions in the future as needed. This time Wall Street reacts positively, as March 23rd was the starting point of a historic bull run.
The Breaking of the 60/40 ModelThe 60/40 model of portfolio allocation has been a traditional portfolio management strategy used for over 30 years. The strategy states to put 60% of your funds into stocks and the remaining 40% into high quality bonds. The philosophy behind this investment strategy is that by having your portfolio diversified this way, you won’t take a huge hit if your stocks go down because you’ll have returns from bonds to make up for it. This is a strategy generally used by people with low risk tolerances, or people who don’t want to constantly keep their eyes on the markets. Over the past few decades, the 60/40 model has demonstrated a good amount of success; however, there are many who believe the chances of this strategy continuing to function successfully into the future are very low.
Both JP Morgan and Bank of America have released statements on the decline of the 60/40 portfolio. JP Morgan strategists have stated “In the zero-yield world, which we think will be with us for years, bonds offer neither much return nor protection against equity falls,” referencing the fact that the majority of government bonds are trading at yields below 1%. In a research note titled “The Death of 60/40” Bank of America strategists had this to say, “The challenge for investors today is that both of those benefits from bonds, diversification and risk reduction, seem to be weakening, and this is happening at a time when positioning in many fixed-income sectors is incredibly crowded, making bonds more vulnerable to sharp, sudden selloffs when active managers rebalance.”
So, with diminishing trust and poor returns from bonds, many investors are looking for other assets to replace the 40% hole in their portfolios. Many are increasing their percentage allocated to stocks in addition to investing in Gold and other metals as a protection against inflation. Many investors are also looking to Bitcoin.
Asset Reallocation Flowing from Bonds to StocksThe historical runup in stock prices, specifically for the tech heavy Nasdaq, started on March 23rd. With the NAS100 index up close to 60% (from $6,584 to $10,616) in less than 3 months. It's not showing any signs of slowing down. In the opinion of QuantifyCrypto, the major reason for this is the flow of capital that would normally be going into bonds is now going into stocks. Yes the Fed stimulus is positive, but can you say the market conditions are actually better for stocks when there is still uncertainty in the future? While some stocks are fundamentally better due to COVID19, this is not true for most stocks. The next chart shows the price movement of the NASDAQ 100 Index for 2020.
NAS100 Daily Chart from Trading View
Asset Reallocation to Cryptocurrency – When?When asked about the current demise of the 60/40 portfolio model, veteran investor Dan Tapiero stated there could be “nothing more bullish for gold and bitcoin,” and that we are in the midst of the “beginning of the end for [government] bonds as a functioning productive asset class. Traditional 60/40 portfolios will need to find a new defensive asset to replace a portion of the 40%.” It seems that other players in the world of finance are saying similar things, hedge fund manager Paul Tudor Jones told CNBC in May that Bitcoin is a “great speculation” and that he has one to two percent of his assets in Bitcoin.
Historically, Bitcoin and other cryptocurrencies tend to have higher volatility than stocks. Three days before the Federal Reserve started making its announcements, Bitcoin went down over 50% in a single day. High volatility and a full price recovery continued in April and May, with Bitcoin closing on May 30th at ~$10,440. Until this point, there had been a high correlation between the NASDAQ 100 and Bitcoin as shown in the chart below.
NAS100 Daily Chart with Bitcoin (blue line) added
Since June 1st, Bitcoin has clearly lagged while stocks have continued their upward climb. While Crypto has been stagnant and down since May, the fundamental picture has never been better:
The platform Quantify Crypto provides live cryptocurrency prices, technical analysis, news, heatmaps and more. Our flagship product is the trend algorithm, designed to be on the correct side of significant cryptocurrency price moves. We are a new site, please check us out and let us know what you like and do not like about the site.
Watch live Bitcoin to Dollar chart, follow BTCUSD prices in real-time and get bitcoin price history. Check the Bitcoin technical analysis and forecasts. Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. The Bitcoin price chart provides historical price values and exchange rate values for the last 6 months. Loading chart data... Sponsored Advertisement. Bitcoin Price $9,177.58 ($14.91) (-0.16 %) 24 hour change. Buy Bitcoin Sell Bitcoin. Sponsored Advertisement. Bitcoin Ethereum Ripple Bitcoin Cash Cardano Bitcoin SV Chainlink Litecoin Binance Coin Crypto.com Coin EOS Tezos Stellar Lumens Monero Tron UNUS SED LEO VeChain NEO Cosmos Ethereum Classic Dash Iota ZCash Ontology Maker NEM Dogecoin Basic Attention Token HedgeTrade Kyber Network FTX Token DigiByte 0x Qtum Icon Algorand Augur THETA Zilliqa Charts providing a snapshot of the Bitcoin Cash (BCH) ecosystem. The Bitcoin Cash (BCH) Ecosystem at a Glance Bitcoin Cash (BCH) Inflation Rate Purchase Bitcoin using a credit card or with your linked bank account via an online exchange. Learn More. Use Bitcoin Cash (BCH) Send real money quickly to anywhere in the world, basically for
[index]          
Gemini Exchange Cameron and Tyler Winklevoss: Blockchain news, Bitcoin, BTC 2020, Tesla stock Gemini 52,646 watching Live now THIS SECRET CHART PREDICTS BITCOIN HAS BOTTOMED OUT!!!!? Bitcoin Cost & Price Bitcoin Today & Bitcoin Money & Bitcoin Value in Dollars & Bitcoin Account. bitcoin companies bitcoin conversion rate bitcoin cost bitcoin currency chart bitcoin daily chart ... Let's discuss this live today and some insane cryptocurrency trading chart technical analysis (TA) + speculative price prediction(s) + current 2020 market news for cryptos in today's video/live ... More than one million users on iOS - now available on Android, too! Easy to use: All 170 world currencies plus Silver, Gold and Bitcoin support Exchange rates are updated every hour Calculator ... Bitcoin to USD is the way to got when it comes to bitcoin exchange rates. This tool will help you see how much money did you make this past hour, updates every minute.