Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
BitGo “unwrapped” over 11,600 WBTC last month. Source
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December
NFT Art Sales Reached All-Time High of $8.2M in December
With sales of physical art down because of the pandemic, NFT-based artworks have taken off in 2020. Source
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23rd December: BTC/USD Balancing between $23,000 and $24,000
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDOn 23rd December 2020, BTC/USD opened at 23,838 and reached 24,023 in the next two hours. Being pressured down by the local resistance level, the pair was sent down to 23,478 at
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Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue?
With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past 24 hours and nearing its all-time high. The current highs
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Market Wrap: Bitcoin Hits $18.4K; $260M in Ether Options Expire in December
Higher spot volumes Wednesday – and record volumes for the past month – are helping push bitcoin higher. Meanwhile, ether options for December pass 550,000 ETH.Bitcoin (BTC) trading around $17,688 as of 21:00 UTC (4 p.m. ET). Gaining 0.17% over the previous 24 hours.Bitcoin’s 24-hour range: $17,571-$18,474 (CryptoX 20) BTC
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Citibank analyst makes tentative $318K Bitcoin prediction for December 2021
A recent Bitcoin (BTC) technical analysis prepared by CitiFX for its institutional clients points to a potential high of $318,000 sometime in December 2021.As highlighted by Twitter commentator Alex on Nov. 14, the exact figure is of little value over such a long time frame. However, the analysis does suggest
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Citibank Executive Says Bitcoin Could Pass $300K by December 2021
A senior executive at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.The whole of bitcoin‘s existence has been characterized by major price swings, “exactly the kind of thing that sustains a long-term trend,” said Thomas Fitzpatrick, a managing director at
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Bitcoin price peak in December 2021 as ‘main bull run’ begins — Willy Woo
Bitcoin (BTC) is at the start of its next “main bull run” and the price peak won’t hit until the end of 2021, well-known analyst Willy Woo believes.In one of many recent Twitter discussions on Nov. 11, the creator of statistics resource Woobull produced fresh evidence that Bitcoin’s price gains
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Bitcoin Likely to Consolidate Before December Rise Toward $20K, Say Analysts
After the recent rapid rally, the bitcoin (BTC) market is likely to take a breather before continuing its rise toward the end of the year, analysts told CryptoX. “The cryptocurrency may consolidate for a short period before moving higher into Christmas,” said Chris Thomas, head of digital assets at Swissquote
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Market Wrap: Bitcoin Hits $13.6K; 500K ETH Options Pile Up for December
Bitcoin’s price is turning bullish as ether options traders accumulate half a million of ETH options for December expiration.Bitcoin trading around $13,519 as of 20:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours.Bitcoin’s 24-hour range: $13,105-$13,649BTC above its 10-day and 50-day moving averages, a bullish signal for
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