Bitcoin - The Urban Mine

Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, AAVE, SNX

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Posted on January 24, 2021January 30, 2021

Select altcoins are rallying to new all-time highs while Bitcoin remains pinned below $33,000. As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC‘s correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price of $31,808 is a mild sentiment

Top Analyst Predicts Bitcoin Bottom Is In – Here Are His BTC, Ethereum and Altcoin Allocations

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Posted on January 23, 2021January 30, 2021

A prominent crypto strategist who made a name for himself after nailing Bitcoin’s collapse to $4,000 in March 2020 is back with another bold call. In a new tweetstorm, the analyst known in the industry as Capo looks at a number of technical indicators to show why he believes that the correction in the broader

Analyst Scott Melker Says He’s Aggressively Buying This Little-Known Crypto Asset

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Posted on January 23, 2021January 30, 2021

Prominent crypto strategist and trader Scott Melker says he’s heavily buying a crypto asset that’s flying under the radar. In a new tweet, the analyst known in the industry as the Wolf Of All Streets tells his 172,500 followers that he’s building a substantial position in MahaDAO (MAHA). “MAHA is one of my largest holdings,

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

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Posted on January 23, 2021January 30, 2021

Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins. Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily

Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses

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Posted on January 22, 2021January 30, 2021

Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital

Josh Rager Bullish on 10 Altcoins Programmed To ‘Print Money’, Warns Bitcoin’s Big Correction Not Over Yet

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Posted on January 22, 2021January 30, 2021

Crypto analyst Josh Rager says he’s patiently waiting for Bitcoin to prove it’s hit a bottom before placing any buy orders. Rager tells his 100,000 followers on Twitter that the crypto market’s rapid descent is likely not over yet. “This is why it can be wise to wait. BTC broke a daily level so continuation

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

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Posted on January 20, 2021January 30, 2021

Bitcoin price continues to drop, pushing select altcoins closer to their critical support levels. When an asset is in an overbought condition and traders are sitting on large profits, even minor negative news and events could trigger profit-booking. This seems to have happened following Janet Yellen’s adverse comments on cryptocurrencies during a virtual hearing with the

Janet Yellen Says She’s Concerned About Illicit Use of Crypto Assets, Chainalysis Finds 0.34% of Transaction Volume Connected to Crime

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Posted on January 20, 2021January 30, 2021

Former Federal Reserve chair and Treasury secretary nominee Janet Yellen is addressing the potential use of cryptocurrency for illicit financing. Speaking at a confirmation hearing with the U.S. Senate Finance Committee, Yellen answered questions from Senator Maggie Hassan about the potential for terrorists to use digital assets to fund illicit activities. “Cryptocurrencies are a particular

Crypto Exchange Gemini Launching Credit Card That Pays ‘Cashback’ in Bitcoin

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Posted on January 20, 2021January 30, 2021

Crypto exchange Gemini is launching a new credit card that lets users earn rewards in Bitcoin (BTC) and other cryptocurrencies. Gemini CEO Tyler Winklevoss says the Gemini Credit Card is like any traditional credit card. It will work wherever major cards are accepted, but give users 3% “cashback” in cryptocurrency for every dollar they spend.

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

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Posted on January 20, 2021January 30, 2021

The Ethereum blockchain ecosystem is growing fast with decentralized finance, or DeFi, and some traders say the cryptocurrency ether could notch further gains after hitting a new all-time high price. Jan 20, 2021 at 2:14 p.m. UTC First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High Bitcoin (BTC), the largest cryptocurrency, was down

Category: Bitcoin