Bitcoin Whale Warns Of “November 2018 Vibes.” What This Means
Known Bitcoin whale JOE007 compared current market trends to November 2018 trends. Calling it November 2018 vibes. This was in reply to a tweet that called Bitcoin at $30K the new Bitcoin at $6K, referring to the market trends of 2018 when Bitcoin crashed after the bull market ended. Replying to the tweet, Joe tweeted; […]
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Bitcoin blasted from $10,000 to just under $20,000 in just a few months, sans any significant correction. And while sellers have been unable to shift the bullish momentum thus far, increased whale activity has one top crypto quant analyst warning investors not to buy the “dip.” Here’s why the opinion is so “unpopular,” along with […]
What is "usually" an OTC transaction signals change is afoot among 2018 bear market buyers, says Whalemap. Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.In a Twitter thread, monitoring resource Whalemap flagged a transaction involving 32,000 BTC.Buyer could be "willing to acquire" 32,000 BTC at $19,000In the latest sign that current spot price is affecting the behavior of even longer-term holders, a whale entity who purchased BTC near the pit of the last bear market appears to have sold.According to Whalemap,....
On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in the Whale Transaction Count has been looking like for the various top coins in the sector. Related Reading: ‘Paper’ Bitcoin On The Decline: What It Means For BTC The “Whale Transaction Count” here refers to an on-chain metric that keeps track....
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank, issued a warning notice titled “Caution on Using Digital Assets as Means of Payment for Goods and Services” on Thursday. The notice explains that some enterprises have recently begun soliciting payments for goods and services in cryptocurrencies, naming bitcoin (BTC) and ether (ETH) as....