Forwarded from The Cryptorphic™
Grayscale now holds half a million Bitcoin
Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value.
The Grayscale Bitcoin Trust has aggressively accumulated Bitcoin during 2020, with the amount of BTC held by the fund increasing almost 50% in the past six months. That’s a steep rise in 2020 for a fund that launched seven years ago and suggests snowballing institutional interest.
Grayscale’s Ethereum Trust also ramped up its purchases during 2020, and now holds roughly $1.175 billion worth of Ether, or 2.24% of ETH’s entire capitalization.
Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value.
The Grayscale Bitcoin Trust has aggressively accumulated Bitcoin during 2020, with the amount of BTC held by the fund increasing almost 50% in the past six months. That’s a steep rise in 2020 for a fund that launched seven years ago and suggests snowballing institutional interest.
Grayscale’s Ethereum Trust also ramped up its purchases during 2020, and now holds roughly $1.175 billion worth of Ether, or 2.24% of ETH’s entire capitalization.
Forwarded from The Cryptorphic™
https://www.tradingview.com/x/3FO2ju8M/
BTC Update: Bitcoin has entered the resistance zone now. $16700 to $17300 is the area where I think BTC can go for a correction. Though these are few weekly candles so the resistance is not very high.
It's very important to be cautious with your Spot positions in BTC, IMO You can think of hedgin some fund under this area 16.7k to 17.2k.
What's really important is Greed is very high in the market.
BTC Update: Bitcoin has entered the resistance zone now. $16700 to $17300 is the area where I think BTC can go for a correction. Though these are few weekly candles so the resistance is not very high.
It's very important to be cautious with your Spot positions in BTC, IMO You can think of hedgin some fund under this area 16.7k to 17.2k.
What's really important is Greed is very high in the market.
BiteniumAnnouncement
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Traders life, [๑๗.๑๑.๒๐ ๒๐:๑๓]
who ever invested and hold bitcoin now is up 100% in 7 months and expecting to make all time high by next year
who ever invested and hold bitcoin now is up 100% in 7 months and expecting to make all time high by next year
Forwarded from CryptoPotato News (Official)
Market Watch: Bitcoin Records Highest Ever Market Cap, ATH Price Next?
https://cryptopotato.com/market-watch-bitcoin-records-highest-ever-market-cap-ath-price-next/
https://cryptopotato.com/market-watch-bitcoin-records-highest-ever-market-cap-ath-price-next/
CryptoPotato
Market Watch: Bitcoin Records Highest Ever Market Cap, ATH Price Next?
Bitcoin's total market capitalization reached an all-time high today, surpassing the former peak from 2017. This is due to the increased overall supply, despite the currently lower unit price.
Forwarded from Siam Blockchain
นักวิเคราะห์คาดราคา Bitcoin อาจพุ่งสูงกว่า 20,000 ดอลลาร์ ภายในสิ้นปีนี้
https://siamblockchain.com/2020/11/19/analyst-says-bitcoin-could-end-2020-above-20000/?_unique_id=5fb6362894e3e
https://siamblockchain.com/2020/11/19/analyst-says-bitcoin-could-end-2020-above-20000/?_unique_id=5fb6362894e3e
Forwarded from CryptoPotato News (Official)
Altcoin Season Brewing as Bitcoin Price Stalls and Dominance Takes a Beating (Market Watch)
https://cryptopotato.com/altcoin-season-brewing-as-bitcoin-price-stalls-and-dominance-takes-a-beating-market-watch/
https://cryptopotato.com/altcoin-season-brewing-as-bitcoin-price-stalls-and-dominance-takes-a-beating-market-watch/
CryptoPotato
Altcoin Season Brewing as Bitcoin Price Stalls and Dominance Takes a Beating (Market Watch)
The community speculates on a new altseason as assets like Ethereum, Ripple, and Cardano have been surging in value, while BTC seems stuck beneath $19,000.