Bitcoin price discussion and analysis

[noirua]

Bitcoin's Rally to $40,000 Triggers Over $1,000,000,000 in Liquidations - The Daily Hodl

Tens of thousands of crypto traders had their positions liquidated as Bitcoin abruptly rallied to above $40,000.

dailyhodl.com

Data from the cryptocurrency futures trading and information platform Bybt reveals that on July 26th, $964.23 million worth of short positions across all crypto assets were liquidated as Bitcoin ignited a strong rally from around $35,000 to above $39,000 within four hours.

Live Bitcoin chart: https://uk.advfn.com/p.php?pid=staticchart&s=COIN^BTCUSD&p=0&t=16

CryptoCurrencies by Market Cap: https://uk.advfn.com/cryptocurrency?fpselector=1

 

[noirua]

Popular Analyst Predicts Parabolic Second Phase of Bitcoin Bull Run, Says Bottom In for Ethereum - The Daily Hodl

A prominent crypto strategist and trader predicts that Bitcoin is about to enter a parabolic second phase of the bull market and that something similar could be in store for Ethereum.

dailyhodl.com

 

[over9k]

Yep, took my profits too:

View attachment 127974

Hopefully there'll be some more manipulation to dive in & out of.

(Something tells me he's not done yet)

And then, the literal next day:



I love this stuff.

 

[moXJO]

Eth 2 is out soonish. Something that might push the market

 

[noirua]

Crypto Whales Suddenly Move $2,740,000,000 in Bitcoin Within Minutes – Here’s Where the Crypto Is Going - The Daily Hodl

Whale Alert first noted at 11:40 p.m. PDT on July 27th that an unknown wallet transferred roughly 9,977 BTC, valued at over $399 million, to another unknown wallet.

dailyhodl.com

Whale Alert first noted at 11:40 p.m. PDT on July 27th that an unknown wallet transferred roughly 9,977 BTC, valued at over $399 million, to another unknown wallet.

 

[noirua]

PayPal Plotting Bitcoin and Crypto Expansion in August – Here’s What the Payments Giant Is Up To - The Daily Hodl

Global payment giant PayPal is preparing to expand its cryptocurrency offerings. In April of this year, PayPal introduced crypto services on its mobile payment service Venmo, which enabled over 70 million additional users to buy and sell four cryptocurrencies, including Bitcoin (BTC), Ethereum...

dailyhodl.com

 

[noirua]

Popular Analyst Names Altcoin With Most Upside To Capture, Unveils Forecasts for Bitcoin, Solana and Terra - The Daily Hodl

A widely followed crypto analyst and influencer is naming one large-cap crypto asset with the most upside to capture, and is also making predictions for Bitcoin, Solana and Terra.

dailyhodl.com

The trader, known as The Crypto Dog, tells his 555,500 Twitter followers that he sees Bitcoin printing a new all-time high within three months.

 

[noirua]

Bitcoin ‘supercycle’ sets up Q4 BTC price top as illiquid supply hits all-time high

Bitcoin is seeing 2013 and 2017 comparisons again thanks to BTC price action this week.

cointelegraph.com

 

[noirua]

Prominent Analyst Outlines Key Bullish Levels for Bitcoin, Chainlink and One Low-Cap Altcoin - The Daily Hodl

Popular crypto analyst Josh Rager is outlining the key bullish levels for Bitcoin, Chainlink and one low-cap altcoin.

dailyhodl.com

 

[noirua]

Top Trader Flips Bullish on Bitcoin, Says He’s Accumulating As Much BTC As He Can – Here’s Why - The Daily Hodl

A pseudonymous crypto trader and analyst is changing his Bitcoin (BTC) outlook as the top cryptocurrency hits $42,000.

dailyhodl.com

 

[noirua]

 

[noirua]

 

[Joules MM1]

a mention of Willy Woo, reminds me of this video (hat tip @SAM)



tops !!

 

[noirua]

Here Are the Four Upsides to El Salvador’s Bitcoin Adoption, According to Bank of America - The Daily Hodl

Bank of America, one of the largest banks in the US, believes El Salvador has a lot to gain from its decision to adopt Bitcoin.

dailyhodl.com

 

[noirua]

Crypto Analyst Predicts Massive Ethereum Breakout, Forecasts New Bitcoin All-Time High by November - The Daily Hodl

A prominent crypto analyst says that he expects both Bitcoin and Ethereum to put up stellar performances toward the end of the year.

dailyhodl.com

 

[moXJO]

I don't know what thread to drop this in, so here is as good a place as any.

Right this company will be partnering with visa
https://cryptospend.com.au/
It basically uses crypto to buy goods.

So the question is:
Will this stop capital gains as you are buying goods and services with crypto like a reg currency ?
Is it then just taxed as income?

 

[noirua]

Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests

The upside predictions also carried the supply squeeze undertones—a situation wherein the number of available Bitcoin supply falls below its spot market demand, leading to higher bids.

cointelegraph.com

 

[noirua]

In the last week, Elon Musk said that TESLA's Bitcoin wallet values its holding at US$1.5 billion and as the Bitcoin price was well down from highs it tends to say TESLA is still buying. This does not include his own holding of Bitcoin and Dodge coin or smaller companies he has interests in. TESLA coins held given at 42,069 at $45.000 each = $1.893 billion.

How Many Bitcoins Does Tesla Hold? Elon Musk Offers a Hint

Tesla announced in February that it invested $1.5 billion (roughly Rs. 11,000 crores) in Bitcoins.

gadgets.ndtv.com

Unsubstantiated rumours have been around for a while now that Elon Musk will make a move and buy one or two Bitcoin miners . Favourites are the Canadian AIM market quoted Argo Blockchain known for its green credentials.

Argo Blockchain shares spike on social media rumours

Argo Blockchain PLC (LON:ARGO) shares started rising sharply and are up 17% to 102.3p in late afternoon trading. The cryptocurrency miner, which said...

www.proactiveinvestors.co.uk

 

[noirua]

Popular Crypto Strategist Predicts Huge Breakouts for Bitcoin and Ethereum, Says One Altcoin Set for Fireworks - The Daily Hodl

A widely followed crypto strategist and trader is predicting big bullish moves for Bitcoin and Ethereum as the broader crypto markets continue to flash signs of strength.

dailyhodl.com

 

[noirua]

Chinese province to cut off Bitcoin miners from hydropower stations

The notice requires hydropower stations to report to China’s NDRC after decommissioning the mining operators from the grid.

cointelegraph.com