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“Enormous” Wave Of OTC Purchasing Might Be Behind Bitcoin Bull Impulse

“Enormous” Wave Of OTC Purchasing Might Be Behind Bitcoin Bull Impulse

Yesterday, Bitcoin experienced a major breakout through $12,000 and in a flash was trading above $13,000. Buying on exchanges is picking up, which is, in turn, driving up prices. However, a “massive” wave of OTC buying suddenly could also be contributing to the bullish impulse. Here’s how. Bulls Push BTC To New 2020 High, Is…
Exchange Inflows from Bitcoin Whales Spike as Experts Anticipate Selloff

Exchange Inflows from Bitcoin Whales Spike as Experts Anticipate Selloff

Bitcoin has been expressing tremendous strength throughout the past few days, with its price seeing an unrelenting uptrend that has allowed it to surmount multiple strong resistance levels and flip them into support. Its momentum stalled slightly yesterday afternoon following its rejection at $13,200, but this appeared to be only a slight speedbump, as BTC…
StormX Reveals New $1,000 Benefits Program

StormX Reveals New $1,000 Benefits Program

The popular crypto cashback platform, StormX is now offering users up to $1,000 in rewards for each new person they invite to the platform in its newly introduced referral program. StormX users now have more ways to earn on the platform, while helping StormX meet its ambitious plans to continue growing its userbase exponentially in…
Bitcoin Deviates Additional Far From Dow, S&P 500 as Cost Strikes $13 K

Bitcoin Deviates Additional Far From Dow, S&P 500 as Cost Strikes $13 K

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the price above $13,000 before a modest pullback turned it back below the level. But overall, the bias appeared extremely bullish…
Charted: Litecoin Rate Daily Timeframe Suggests Strong Uptrend To $65

Charted: Litecoin Rate Daily Timeframe Suggests Strong Uptrend To $65

Litecoin started a strong upward move from the $41.50 support zone against the US Dollar. The price is now trading nicely above the $50.00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.90 on the daily chart of the LTC/USD pair (data feed…