Massive spike in Bitcoin buys at Mt. Gox
For a couple of minutes ago we witnessed a massive buy of Bitcoins at the Bitcoin exchange Mt. Gox. If you take a look at the graph below you can see buy orders of more than 2000 Bitcoins which is a buy order of more than 2 million USD with the current prices at Mt. Gox. Massive spike in Bitcoin buy orders at Mt. Gox. Some of the major events this weekend must include the Bitcoin conference in Miami that Kyle Torpey wrote about yesterday. Then we have a great analysis from Gordon Geeko including a video analysis that will come out later today trying to break down the shifts. We could see....
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Reports of massive Bitcoin Buyback in China circulating gain credibility http://t.co/PhNidqe4lp shows large buy orders originating from asia. - COINSPRINT (@coinsprint) January 14, 2014. This is the view from fiatleak.com showing a flurry of bitcoin buys in China: Here is an update one hour later:
Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply. The post MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine.
After Bitcoin hit the floor at $300, things have been looking upward. The main cause for this massive downward trend was a person sold 30,000 Bitcoins, all at the $300 mark. Once that massive sell wall was ridden of, the price of Bitcoin is going up now. Subsequently, most other coins are too. As you can see from the chart above, it only proves to further reinforce what has been previously stated. The downward trend hit the floor at around $300, with then a massive spike of volume where it then returned to regular volume levels, but the price trend is now moving upwards.
Shiba Inu (SHIB) is again catching the attention of crypto whales as on-chain data shows a 240% spike in this crucial metric. Thanks to the surge in this on-chain metric, a massive price rally for the second-largest meme coin by market cap might be on the horizon. Shiba Inu Records 240% Surge In Large Transactions […]
For the first time in three months, the price of bitcoin has surpassed $600 on the Bitstamp exchange. That's up over 7 percent in the past twenty-four hours and nearly 37 percent in the past month. As of this writing, we're looking at a price of $612 at the exchange. The spike comes following some huge buys on the exchange, which comes in the midst of new-found optimism following weeks on end of a minimal movement (as compared to bitcoin's price history, of course). It's unclear what in particular has caused this spike, but what is clear is that there has been no shortage of good news in....