Bitcoin whales are betting $40K isn't the top as data hints bull run is only beginning

Volatility is the latest indicator to call the start, not the end, of a bull market cycle as 1,000+ BTC wallet numbers spike to new highs. Bitcoin (BTC) whales clearly expect massive price rises in future as the number of wallets containing over 1,000 BTC ($35 million) hits an all-time high. Data from on-chain analytics resource Glassnode confirms that as of Jan.

Kraken’s Dan Held Tackles Greatest Fear, Uncertainty and Doubt About Bitcoin’s Future

Dan Held, growth lead at crypto exchange Kraken, is pushing back against the fear uncertainty, and doubt (FUD) that’s percolating amid Bitcoin’s big bull run.

Polkadot, Cosmos, VeChain Price Analysis: 18 January

Polkadot's bull run might come to an end, and a move above resistance at $18 could depend on a broader market rally.

Bitcoin at $300k achievable? this analyst thinks so

The 2021 bull run of Bitcoin has pushed the digital asset to an unknown territory with regard to price discovery.

Top Crypto Analyst Pivots to Altcoins, Names Top Picks, Declares Historic Bull Run Imminent

A popular trader who’s building a reputation for his bullish Bitcoin calls says he’s now pivoting to altcoins in anticipation of a big rally.

Top Crypto Analyst Betting on Select Group of Altcoins, Says DeFi Bull Run Will Make 2017 Look Like Child’s Play

A popular crypto trader says the decentralized finance (DeFi) sector of the crypto market is poised to go through a moon phase that will put 2017’s extended bull run to shame.

DeFi and the Bitcoin Bull Run Trajectory: CoinGecko Report

CoinGecko, the world’s leading independent cryptocurrency aggregator, has just released its 2020 yearly cryptocurrency report.

DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty

Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin's consolidation. DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past several days while Bitcoin is seeing range-bound consolidation at around $35,000 as of Jan.

Synthetic dreams: Wrapped crypto assets gain traction amid surging market

Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth? Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market.

Institutional investors won't take Bitcoin mainstream — You will

Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin adoption around the world. Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly.

Bitcoin Faced First Major Correction In Current Bull Run: The Crypto Weekly Market Update

This was one of the most intense weeks.

Bitcoin Mining Revenue Hits $20 Billion, Doubling in Two Years

Bitcoin miners are making a killing from this bull run.

Bitcoin Rally Sees Drop in Number of Medium-Sized BTC Investors

The number of addresses holding between 10 to 100 Bitcoin has been going down despite Bitcoin’s bull run.

Bitcoin Could Rise Above $300,000 This Year, According to On-Chain Analyst Willy Woo

Bitcoin bull and analyst Willy Woo is explaining why he believes the leading cryptocurrency’s bull run is just getting started.

The 10 Biggest ICOs: Here’s Where the Money Went

Investors poured $22 billion into initial coin offerings during Bitcoin’s 2017/18 bull run.

5 stories that suggest crypto is moving into ludicrous territory

Dogecoin, Lindsay Lohan, Ivan On Tech and the New Zealand government, What do they all have in common? The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto gets increasingly weird.

Crypto Analyst Says Biggest Altcoin Bull Run in History Coming – Here Are His Top 5 Picks

A popular crypto trader who made a name for himself by predicting Bitcoin’s plummet to $4,000 in March of last year says that the biggest altcoin bull run in history is on the horizon.

Underhyped? Bitcoin sentiment lags despite bull run

Bitcoin hype has never been quite the same since 2019, according to this metric.

Is Bitcoin’s bull run over?

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012.

Bitcoin Bull Run: OGs on Why This One’s Different

Trump, COVID-19, massive money printing.

Buy the dip? Bitcoin price risks losing $30K as traders ‘manage risk’

Some well-earned miner profit-taking combines with a natural pause in the Bitcoin bull run to see the market revisit essential support levels. Bitcoin (BTC) hodlers got a serious test of their resolve on Jan.

Bitcoin whales are profiting as 'weak hands' sell BTC throughout $40K bull run

High or low, Bitcoin is still being shaken out of small investors and flowing to "millionaire" wallets, data confirms this week. Bitcoin (BTC) is changing hands fast after its drop to $32,000 and only millionaires are winning, data shows. Statistics governing wallet balances from Glassnode on Jan.

Ethereum Price Retraces Below $1,100 With Plunging Crypto Market, Is ETH's Bull Run Over?

Ethereum is down more than 18% since yesterday, as the ETH dropped below the $1,100 price level.

Why altcoins may be independent of Bitcoin in 2021

The alt season of 2017 was an accessory to Bitcoin’s bull run.

Not Only Bitcoin Price Is Changing During This Bull Run

As the most popular cryptocurrency, bitcoin (BTC), keeps scoring its new all-time highs, industry observers see important changes on the BTC adoption front too.

Bitcoin SV Leaps by 30% as Altcoin Race Heats Up

Bitcoin’s lengthy bull run has prompted a surge of interest in alternative tokens.

Bank of America: Bitcoin Bull Run Is the 'Mother of All Bubbles'

A senior analyst at Bank of America thinks that Bitcoin’s latest bull run “blows the doors off prior bubbles.”

Bitcoin bull run could end if institutions go under, Komodo exec speculates

The likelihood of such a scenario is tenuous but not impossible. Famous for its volatility, Bitcoin’s price constantly waffles both north and south.

Why this matters: Bitcoin active addresses decouple from price

2020 has been a very consequential year for Bitcoin and it went past its previous ATH established in the infamous bull run of 2017.

7 Crypto Assets Surge Over 100% in Just One Week As Bitcoin Hits New All-Time High at $41,427

Bitcoin’s massive and relentless bull run continues, with the top cryptocurrency hitting a new all-time high of $41,427.

Google searches for 'Ethereum' hit all-time high

Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. More people are searching for the word “Ethereum” now than ever before in its history.  Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run.

Bull Run Democracy, Revisited

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets.

3 reasons analysts say Ethereum may replicate Bitcoin's 2016 bull run

Will Ether be able to replicate the 2016 Bitcoin bull run with DeFi's momentum? Several analysts believe so. Several prominent analysts say Ether (ETH) is on the cusp of a major bull run despite already gaining nearly 65% in 2021.

Bitcoin NVT ratio suggests BTC may see another 'explosive move' as search interest spikes

The popular metric suggests the Bitcoin bull run is beginning, not ending, according to a report from Stack Funds. Bitcoin (BTC) may have hit new all-time highs of $37,600, but one indicator suggests that yet another bull run is incoming. Released in the latest weekly report from Stack Funds, data from Bitcoin's network value to transaction (NVT) ratio still remains firmly bullish. Report: NVT suggests Bitcoin "not overvalued" According to analysts at Stack, despite Bitcoin gaining 30% in 2021 already, the gains are far from over.

Trader Lark Davis Says 200X Altcoins Will Burst on the Scene This Year – Here Are Two Little-Known Crypto Assets He’s Eyeballing

Crypto analyst Lark Davis says certain low-cap altcoins could increase in value by 200x during the current bull run.

Total Cryptocurrency Market Value Hits Record $1 Trillion

During 2017's bull run, the market peaked at a $760 billion total value.

Price analysis 1/6: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB

Bitcoin's slow crawl toward $36,000 has given select altcoins the green light to rally higher. Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run.

Everything you need to know about Bitcoin's price discovery

Bitcoin investors, those who were around for the 2017 bull run, the price drop that followed in 2018, and who later survived the Black Thursday crash of March 2o20, understand how Bitcoin's market cyc The post Everything you need to know about Bitcoin's price discovery appeared first on AMBCrypto.

UBS Wealth Manager Says Large Institutional Buyers Quietly Fueling Bitcoin Boom

A private wealth manager at Swiss financial giant UBS is crediting institutions and wealthy investors for Bitcoin’s bull run.

Compared to The 2017 Bull-Run Bitcoin Has a Lot More To Grow, Research Says

Bitcoin could reach $350,000 per coin in up to six months if history is to repeat itself.

Ethereum and Litecoin Could See Slight Correction Before Continuing Bull Run

Ethereum (ETH) is currently trading at $1,107 at the time of writing, up by over 7 percent in the past 24 hours.

Sports Betting Sites’ Infographic Analyzes Growth in Bitcoin ATMs

The text below is an advertorial article that was not written by Cryptonews.com journalists. Bitcoin is enjoying a long bull run.

Bitcoin Bull Run on First Base in First Inning, Says Galaxy Digital’s Mike Novogratz

The CEO of the crypto management firm Galaxy Digital says Bitcoin’s current bull cycle has barely begun.

Bitcoin price dip to $27K costs Binance long traders $190M in liquidations

Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes. Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows. According to on-chain analytics resource Glassnode, futures traders with long positions lost a total of $190 million on Binance alone in a single hour — the most in history. One exchange, 60 minutes, $190 million The figures underscore the current face of Bitcoin as it circles new all-time highs and together with Ether (ETH) becomes the hottest ticket of 2021. Longs had seen almost unbridled success throughout much of December 2020 and into the new year, with upside seeing little in the way of resistance.  Despite warnings from various analysts that the bull run could not last uninterrupted forever, plenty of traders took on substantial risk, betting heavily on new highs continuing.

Ethereum (ETH) and Polkadot (DOT) Lead The New Year Crypto Bull Run

With the recent price surges seen in the market, Ethereum and Polkadot take the lead among the top ten cryptocurrencies by market cap.

Binance US CEO predicts $100K Bitcoin by 2022

Coley said that Bitcoiners could see an "accelerated" version of the 2017 bull run eventually driving the price to $100,000.

Retail investors are largely uninvolved as Bitcoin price chases $40K

Bitcoin looks set to achieve many new all-time highs in 2021 but when will retail investors join the party? There are many investors feeling validated in the cryptocurrency market now that Bitcoin’s price has established a new all-time high of $34,778.  The last time Bitcoin (BTC) traded anywhere near this level was during the bull run of 2017, when it reached a peak of about $19,783.

Mike Novogratz attributes BTC's rise past $30K to institutional adoption

According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and “debasing fiat money” was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story.

Kraken’s Dan Held Explains Why Bitcoin Could Be in Early Days of Super Cycle to $1,000,000

Dan Held, growth lead at crypto exchange Kraken, is explaining why he believes Bitcoin’s current bull run could be part of a supercycle that takes the cryptocurrency all the way to $1 million.

Bitcoin Price Analysis: BTC Retraces From $35K, Cool-off Before Another ATH or Correction Inbound?

The BTC ongoing bull run is still intact as the primary cryptocurrency records an unbelievable 75% price explosion over the past month alone.

Social media interest in Bitcoin hits all-time high

As Bitcoin's price soars, the cryptocurrency has broken several key Twitter metrics Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics.  In a tweet Saturday night, the official handle for The TIE, a cryptocurrency data firm, showed that the number of unique Twitter handles tweeting about Bitcoin has hit a new all-time high, eclipsing a 64,000 mark last seen during the peak of the 2017 bull run: The number of unique Twitter accounts tweeting about #Bitcoin has just hit an all-time high of 66,832, surpassing the previous high of 64,652 set on 12/27/2017.

Understanding the main triggers of this Bitcoin bull run

Bitcoin has hit new all-time highs quite a few times in the last week.

Analysts Explain Why Bitcoin's Price Is Going Crazy This Weekend

Bitcoin has consistently smashed records on its latest bull run.

Fundstrat Analyst Tom Lee Reveals Bitcoin Price Prediction for 2021

Fundstrat analyst and executive Tom Lee thinks Bitcoin’s incredible bull run is just beginning.

$7 Billion “Lost” and HODLed Bitcoin Found Since Start of Bull Run

Bitcoin left untouched for years is moving once again.

Bitcoin Nearly Taps $29,000 as Bull Run Continues

Bitcoin nearly tapped $29,000 this morning as the bull run has continued.

Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low

Bitcoin has hit a new record high of $28,600 and this bull run has made the leading cryptocurrency gain more than 295% this year.

What's driving the current Bitcoin bull run?

Not many can deny that bitcoin is in the final leg of the 2020 bull run before it hits the $30,000 mark.

Calls for Another Bitcoin Bull Run Grows as Its Open Interest Soars

Bitcoin prices eased on Tuesday as traders with short-term risk appetite locked their profits.

Analysis: Bitcoin’s Bull Run Top Expected In January 2021

An analyst with 20 years of experience relies on historical data and retail investors' behavior to argue that BTC could drop in value in early 2021.

XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?

Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value.

Corporations Now Own $30 Billion in Bitcoin as Bull Run Pays Off

Companies who invested in Bitcoin this year made a good decision, it seems, as the price of Bitcoin continues to rocket.

Bitcoin price crashes by 6.5% in minutes after hitting $28.4K sell wall

A rampant bull run is punctuated by sellers above $28,000, with Bitcoin continuing to see wild volatility on Sunday. Bitcoin (BTC) hit all-time highs of $28,400 before crashing thousands of dollars on Dec.

6 Reasons For The Ongoing Bitcoin Bull-Run Beyond $20K

Despite all of its hardship, 2020 has been a brilliant year for Bitcoin.

Bitcoin Nears USD 26K After Smashing USD 25K On The Same Day

The most popular cryptocurrency, bitcoin (BTC), is on a Christmas bull run as its price hit USD 25,000 for the first time in its history today and jumped to almost USD 26,000. At the time of writing (17:16 UTC), BTC trades at USD 25,813 and is up by 7% in a day and in a week.

Litecoin revived its market in 5 weeks. Here's how

Calling Litecoin a surprise performer in the present bull run is odd.

Macro Guru Raoul Pal Predicts Bitcoin Bull Run Will Be More Shocking Than Crypto Traders Imagine

Real Vision CEO Raoul Pal says Bitcoin’s new bull cycle could be far bigger than most are expecting.

No Reason to Short Bitcoin, On-Chain Analyst Explains Why

Those who plan to short the ongoing bull run must think twice, as per on-chain analyst Kim-Young Ju.

Price analysis 12/23: BTC, ETH, XRP, LTC, BCH, LINK, BNB, ADA, DOT, XLM

The SEC’s lawsuit against Ripple may be bearish for a few altcoins but could be bullish for Bitcoin. The current crypto bull run has been spearheaded by Bitcoin (BTC).

How the 2020 Bitcoin Bull Run is Different From 2017, High Confidence Seen in BTC at Current Price

Mike McGlone noted that there are more reluctant BTC sellers this time, compared to the massive Bitcoin rally seen in 2017.

Bitcoin is the Gift that Keeps on Giving, says Tyler Winklevoss

Bitcoin billionaire Tyler Winklevoss has continued his praise for the BTC cryptocurrency after its mammoth bull run over the last week.

Venezuela’s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro

The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very novel crypto asset,” such as the petro (PTR).

Upland Proves Why Buying Virtual Land Will Be the Next Big Thing

As the cryptomarkets may see their bull run continue for fungible tokens (aka Bitcoin, Ethereum, etc) in 2021, the asset class of non-fungible tokens (NFTs) will quickly catch up.

Cat got your tongue? Bitcoin critics wither in 2020

Why have Bitcoin critics been so silent in 2020? Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin's performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp.  Yet compared to other bull run years like 2017, 2020 has seen much less crypto criticism, with a number of Bitcoin naysayers appearing to have somewhat softened their stance towards digital assets. As we look back on crypto in 2020, Cointelegraph has noted some of cryptocurrency's biggest critics. “Bitcoin has no future”: Russian politician Anatoly Aksakov Date of quote: Oct.

Stimulus checks meet BTC all-time highs: 5 things to watch in Bitcoin this week

A vote on $600 payments to Americans combines with bank buybacks as one analyst says that institutional buying could mean the Bitcoin bull run "never stops." Bitcoin (BTC) surged to a new all-time high over the weekend, but what’s in store as a new week begins? With $24,000 still in play, Cointelegraph takes a look at five factors influencing BTC price action over the coming days. Coronavirus stimulus deal includes $600 direct payments A sigh of relief from the United States as Congress was poised voted to accept a $900 billion coronavirus stimulus bill.

Why ETH, DeFi shouldn't be ignored amidst Bitcoin's rally

Bitcoin’s latest bull run has made history, with the cryptocurrency's price touching never-before-seen levels day after day.

Why Bitcoin's bull run is all about bonds

Bitcoin’s decoupling with Gold and its inverse relationship with stocks has been covered widely by mainstream media.

The Side Effect of Bitcoin's Bull Run: Transactions Now Cost an Average of $12

As traders flock to the currency, Bitcoin has once again become incredibly expensive to use.

Crypto Analyst Michaël Van De Poppe Preparing for Major Altcoin Bull Run, Tracks Path Ahead for Ethereum and XRP

Crypto analyst Michaël van de Poppe says he’s preparing for a major altcoin bull run.

Gift Ideas For a Very Merry Crypto Christmas 2020

With another bitcoin (BTC) all-time high and Christmas knocking on our wreath-decorated doors, we are reminded that a major aspect of the holiday season is certainly - that’s right – shopping after an impressive bull run in the market this year.

Top Trader Says 6 Crypto Assets Ready to Ignite After Bitcoin’s Big Bull Run

A prominent trader known for nailing Bitcoin’s bottom in 2018 is calling out six altcoins that he says are poised to rally.

Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price

Analysts debate whether the US Treasury Secretary’s new rule about self-custodied wallets could place the current bull run in peril. This week various media reported that US Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented.

Bitcoin options volume crosses $1B for the first time ever

Open interest for Bitcoin options almost touched $6 billion. Amid an ongoing bull run of Bitcoin (BTC), Bitcoin options are hitting a new historical milestone.

Here’s One Crazy Stat About CME Offering Ethereum Futures

CME's introduction of Bitcoin futures trading coincided with the 2017 bull run.

Why bots can be crucial for crypto traders in the futures markets

With Bitcoin futures continuing to surge in popularity, trading bots can help users keep on top of the markets 24 hours a day, seven days a week. The crypto industry has matured substantially in recent years — so much so that it’s practically unrecognizable when compared to the bull run of 2017.

Bitcoin Price Smashes Through $20,000 as Bull Run Gets Underway

Bitcoin recently hit an all-time high, and now it’s breaking even more records.

Ethereum and XRP to Outpace Bitcoin in Massive Bull Run, Says CEO of Crypto Investment Firm Pantera Capital

The CEO of one of the largest crypto-focused investment firms says he expects a group of altcoins to  outperform Bitcoin in an extended bull market.

Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days

Glassnode recently noted that the total value staked on Ethreum has reached over 1.5 million ETH.

Bitcoin price tipped to consolidate before continuing bull run in 2021

The Bitcoin price could stagnate until early 2021, various on-chain indicators show, as investors could take profit. The Bitcoin price (BTC) reached the $19,400 mark in the past 24 hours, which has served as a critical resistance level since the start of December.

Bitcoin: Is the wait for a 40% drop in price justified?

The current Bitcoin bull run, or more appropriately labeled 'price rally,' has been initiated by large investors and institutions, not by retail traders.

Why Bitcoin's bull run is well and truly here

Bitcoin cycles have evolved over the past decade, a development that has been pretty similar to Bitcoin's own evolution as an asset.

Here’s Who Profited the Most Off Bitcoin’s Bull Run

A report from OKEx’s data arm suggests that professionals and whales had the edge over retail traders.

Bitcoin undervalued sub-$20K, says new report as BTC mimics 2017 bull run

Bitcoin's market cap to thermocap ratio is primed to repeat bullish behavior, analysis from Stack Funds says. Bitcoin (BTC) investors have “not long” to accumulate before a continuation of the bull run past $20,000, a new report says. Released on Dec.

Why Bitcoin's realized volatility is below 100% in a Bull Run

Traders who witnessed Bitcoin’s 80% drop in price following the 2017 Bull Run to ascent from $1000 to new ATH of $19891.99 on Coinbase in 2020 have seen it all.

Bitcoin Bull Run Pumped Trading Volume 78% in November

A report from CryptoCompare charts just how well exchanges did out of the winter bull-run.

First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact

As banks like Wells Fargo come around to writing about bitcoin, pro crypto analysts are scrutinizing blockchain network activity for clues on market cycle.

Expert expects new high despite Bitcoin hitting $19K

Let’s have a look at what our Influencers feel! CPH on BTC Bull Run: Bitcoin is in the sweet spot and looks bullish for the future.

Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market

A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run.

Bitcoin: What will price discovery above $20,000 need?

2017, the year of the historic bull run, was also the year of extremes.

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.