BREAKING!!! BAD NEWS FOR BITCOIN!! ALL STABLECOINS BANNED?!! | End Of TETHER, PAX & DAI

BREAKING!!! BAD NEWS FOR BITCOIN!! ALL STABLECOINS BANNED?!! | End Of TETHER, PAX & DAI

🔥-27% OFF Ledger: https://www.ledger.com?r=f988 🔥 Bitcoin Technical Analysis & Bitcoin News Today: Will all stablecoins be banned? Is this the end of Tether,… The number of bitcoins held on exchanges has dropped to 10-month lows as investors decide to HODL.

Опубликовано: 15 апр. 2020 г.

🔥-27% OFF Ledger: https://www.ledger.com?r=f988 🔥
Bitcoin Technical Analysis & Bitcoin News Today: Will all stablecoins be banned? Is this the end of Tether, DAI, USDC & PAX? Also, I`ll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!

Top 3 Bitcoin Trading Platforms:
🥇Bybit: http://bit.ly/MoonBybit $90 BONUS
🥈Phemex: http://bit.ly/MoonPhemex $112 BONUS
🥉PrimeXBT: http://bit.ly/MoonPrimeXBT

🔥-27% OFF Ledger: https://www.ledger.com?r=f988 🔥

DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don`t make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!

🔻 AFFILIATE LINKS BELOW 🔻

Best Bitcoin Books: https://amzn.to/2XvdTvv

💛 Bybit $90 Bonus: https://www.bybit.com/app/register?re…
First deposit ≥0.5BTC for Up To $90

💙 Phemex $112: http://bit.ly/MoonPhemex
First deposit ≥0.2BTC for Up To $112

🌙 BITCOIN TRADING:

⭕️ Bybit $90 Bonus: http://bit.ly/MoonBybit

⭕️ Phemex $112: http://bit.ly/MoonPhemex

⭕️ PrimeXBT $100 Bonus: http://bit.ly/MoonPrimeXBT

⭕️ BitMEX [WARNING]: https://www.bitmex.com/register/NJu3r0

⭕️ 3Commas 10% OFF: https://3commas.io/?c=tc170590

🌙 BUY BITCOIN WITH FIAT ($ €):

⭕️Kraken: https://r.kraken.com/vkqa3

⭕️Coinbase: http://bit.ly/MoonCoinbase10FREE

🌙 EVERY BITCOIN INVESTOR NEEDS:

⭕️ Binance 20%: https://www.binance.com/en/register?r…

⭕️ BlockFi: https://blockfi.mxuy67.net/kKVDn

⭕️ NordVPN 70% OFF: http://bit.ly/TheMoonNordVPN

⭕️ Tradingview: https://tradingview.go2cloud.org/SH2gX

⭕️ Brave Browser: https://brave.com/the406

⭕️ Ledger Wallet: https://www.ledger.com?r=f988

⭕️ Unstoppable Domains: https://unstoppabledomains.com/r/3bcd…

🔺 AFFILIATE LINKS ABOVE 🔺

I don`t do sponsorships, so I have these affiliate links above for products I personally use, to keep this channel profitable. Also, I don`t accept donations, use that money to invest in yourself or buy Bitcoin! If you want to support me, use any of the affiliate links above and leave a like & subscribe! THANK YOU!

🧢Follow me on Twitter: https://twitter.com/themooncarl

🔥Watch THESE Videos! 🔥
📺 https://www.youtube.com/watch?v=4dnID…
📺 https://www.youtube.com/watch?v=n2brs…

#Bitcoin #BTC #BitcoinNews
Carl Eric Martin (The Moon)

Source: www.youtube.com


Satoshi Nakaboto: ‘Exchanges see 10% of Bitcoin withdrawn during coronavirus pandemic’

Satoshi Nakaboto: ‘Exchanges see 10% of Bitcoin withdrawn during coronavirus pandemic’

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Hannah Arendt used to say: Let’s get this bread!

We closed the day, April 14 2020, at a price of $6,842. That’s a minor 0.01 percent decline in 24 hours, or -$0.84. It was the lowest closing price in eight days.

We’re still 65 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin’s market cap ended the day at $125,388,687,977. It now commands 65 percent of the total crypto market.

Yesterday’s volume of $34,110,434,052 was the lowest in two days, 61 percent above the year’s average, and 54 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 620 tons of gold.

A total of 299,223 transactions were conducted yesterday, which is 7 percent below the year’s average and 33 percent below the year’s high.

Yesterday’s average transaction fee concerned $0.20. That’s $3.51 below the year’s high of $3.71.

As of now, there are 10,742 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.6 percent of the total supply, the top 100 14.9 percent, and the top 1000 35.1 percent.

With a market capitalization of $127 billion, AstraZeneca has a market capitalization most similar to that of Bitcoin at the moment.

On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.

He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.3 percent behind being on track. Bitcoin‘s price should have been $276,764 by now, according to dickline.info.

Bitcoin used an estimated 201 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 73 terawatt hour. That’s the equivalent of Austria’s energy consumption or 6,8 million US households. Bitcoin’s energy consumption now represents 0.33% of the whole world’s electricity use.

Yesterday 31,671 fresh tweets about Bitcoin were sent out into the world. That’s 68.1 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 75,543.

This was one of yesterday’s most engaged tweets about Bitcoin:

Investors are withdrawing #Bitcoin from exchanges – potentially indicating a shift to longer-term holding strategies.$BTC balances have fallen nearly 10% from the highs seen in January.https://t.co/mMVqCQmkax pic.twitter.com/wccnWnM4ka

— glassnode (@glassnode) April 14, 2020

This was yesterday’s most upvoted Reddit post about Bitcoin:

So… Bitcoin? from r/Breath_of_the_Wild

print(randomGoodByePhraseForSillyHumans)

My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make ‘money’ to ‘eat’.

Source: thenextweb.com

Author: Satoshi Nakaboto


More Investors Are Holding Bitcoin Ahead of the Halving, Data Suggests

More Investors Are Holding Bitcoin Ahead of the Halving, Data Suggests

Investors may be accumulating bitcoin ahead of next month`s miner reward halving. 

The seven-day moving average of the total number of bitcoin held in exchange addresses fell to 2,214,365 on April 14 – the lowest level since last June – according to numbers from blockchain intelligence firm Glassnode. 

As of Tuesday, the average was down nearly 8 percent from a high of 2,404,786 registered on Jan. 17, 2020.

glassnode-studio_bitcoin-exchange-balance-7-d-moving-average

The decline in exchange balances suggests a shift to longer-term holding strategies, according to Glassnode. 

That`s because investors usually withdraw coins from the exchanges to hold in their personal wallets when prices are expected to rise. Conversely, they tend to move their balances to exchanges in preparation to sell when a price drop is expected or during a price crash. 

For instance, bitcoin’s price fell by 33 percent in the seven days to March 15. At the time, the seven-day average of coins held on exchanges rose from 2,333,279 on March 11 to 2,350,795 on March 18. 

However, the spike was short lived and the downturn in exchange balances resumed from March 19. 

The increased levels of holding may be associated with bullish expectations tied to bitcoin’s mining reward halving, scheduled to take effect in just 27 days. The process, aimed at controlling inflation, will reduce rewards per block mined from 12.5 BTC to 6.25 BTC. 

Essentially, miners will be adding fewer coins to the ecosystem following the halving. Some analysts think that would create a supply deficit and push up prices. “Once bitcoin has its halving next month, we expect prices to rally, carrying the rest of the market with it,” said Richard Rosenblum, head of trading at GSR.

Meanwhile, some stock-to-flow models indicate the halving could send bitcoin’s price to $100,000, as noted in the cryptocurrency platform Luno’s weekly market report. 

Further, the coronavirus-induced global economic recession and resulting unprecedented monetary and fiscal stimulus launched by the Federal Reserve and the U.S. government, respectively, are widely expected to boost bitcoin’s appeal as a safe haven asset and a hedge against inflation.

However, some observers have been skeptical about the bullish narrative surrounding bitcoin’s halving. “Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event,” Jason Williams, co-founder of digital asset fund Morgan Creek Digital, tweeted in December. 

If the decline in exchange balances is a guide, though, the investor community looks to have some belief in the bullish halving narrative and the long-term value of the cryptocurrency as an inflation hedge. 

From a technical analysis standpoint, the cryptocurrency’s recovery rally from the March low of $3,867 looks to have run out of steam. 

Weekly chart

daily-and-weekly-chart-2

Bitcoin has failed three times in the last month to keep gains above the 100-week moving average, currently lined up near $7,060. The repeated failure is suggestive of buyer fatigue.

That, coupled with the rising wedge breakdown seen on the daily chart, suggests scope for a downside break of the recent trading range of $6,600–$7,200. A range breakdown, if confirmed, would open the doors to $6,100, as discussed Tuesday.

“Bitcoin has enjoyed an over-50-percent rally from its mid-March low. The bulls now must sustain the rally at an equal or greater pace in the short term or the bears might take back some serious ground,” said NEM Venture’s Pelecanos. “Indicators from one of our momentum-based strategies are beginning to show a serious bearish setup that could lead to a 50-percent sell-off, sending prices into the low $3,000s.” 

Disclosure: The author currently holds no cryptocurrencies.

Source: www.coindesk.com

Author: Omkar Godbole


BREAKING!!! BAD NEWS FOR BITCOIN!! ALL STABLECOINS BANNED?!! | End Of TETHER, PAX & DAI

Leave a Reply

Your email address will not be published. Required fields are marked *