Home > Boards > Cryptocurrency > Coins > EOS (EOSUSD)

BTC price is in a "steady upward trend"

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
BestChange Member Profile
 
Followed By 0
Posts 131
Boards Moderated 0
Alias Born 05/17/18
160x600 placeholder
BHP 1st Half Iron-Ore Output Higher, Flags Up to $1.25 Billion Impairment Charge
SYDNEY--BHP Group Ltd. said it produced more iron ore but less coal, copper and petroleum in the first half of its fiscal year, as it flagged an impairment charge of between $1.15 billion and $1.25 billion against an Australian coal unit.
Top Company News of the Day
Bank of America Quarterly Profit Falls 22% -- 3rd Update
Stocks Rise on Hopes for More Stimulus
Netflix Tops 200 Million Subscribers for the First Time -- Update
Netflix Tops 200 Million Subscribers for the First Time
New York City Top Earners Face Highest Income Tax in U.S. Under Cuomo Proposal
Stocks Rise as Earnings Season Ramps Up -- Update
Microsoft Bets on Driverless-Car Space With Investment in GM's Cruise -- 2nd Update
Steak 'n Shake Taps Adviser for Possible Debt Restructuring -- Update
NASA Mulling Whether to Redo Ground Test of Deep-Space Rocket
Soybeans Drop as Profit Taking Extends
Dominion Acquires Solar Energy Project in Ohio From Invenergy
Existing Home Sales Seen Dipping Again -- Data Week Ahead Update
New Stellantis CEO Plans More Distinctive Vehicle Brands -- Update
New Stellantis CEO Plans More Distinctive Vehicle Brands
Expedia Blocks Vrbo Reservations Around Washington as Inauguration Day Approaches
Goldman Profit More Than Doubles, Powered by Trading -- 3rd Update
Stocks Rise as Earnings Season Ramps Up
Yellen Tells Lawmakers That American Workers Would Be Her Core Focus--Update 3
Yellen Tells Lawmakers That American Workers Would Be Her Core Focus--Update 2
Tele2 Secures Frequencies in Swedish Spectrum Auction
Zurich Insurance Withdraws From Nord Stream 2 Project Amid Sanctions Concern
Yellen Tells Lawmakers That American Workers Would Be Her Core Focus--Update 1
BestChange   Wednesday, 09/23/20 06:11:55 AM
Re: BestChange post# 26
Post # of 179 
BTC price is in a "steady upward trend"

As pointed by Delphi Digital analysts. Bitcoin's surge is now more robust than last year, as traders prefer to hold coins rather than speculate on exchanges. The current rise in bitcoin price to $12,500 in August differs from strengthening to $13,800 in 2019. Back then, the wallet balances of crypto exchanges were increasing, and this year they continue to fall, despite the rise in prices. This suggests that the selling pressure is now much lower. “This suggests a more sustainable move upwards for BTC, in comparison to that of 2019 as data indicates a holder base with longer time horizons,” analysts say. The balance of bitcoins on exchanges fell from an all-time high of 2.96 million coins in February to 2.59 million BTC today.

Institutions want to increase Investments in bitcoin

Cryptocurrency insurance company Evertas conducted a survey among institutional investors from the US and the UK, who manage assets totalling $78.4 billion. It turned out that 90% of respondents expect an increase in investments in crypto assets. 64% of those surveyed said they expect a small increase in investment from pension funds, family managers, insurers and sovereign wealth funds. Another 26% of respondents believe that institutions will "dramatically" increase investment in bitcoin and other cryptocurrencies in the next five years. #bestchange #bitcoin #gold #cryptocurrency #blockchain #investing #trading 84% of respondents attributed improved regulation to the reasons, and 80% named liquidity, which will grow along with the expansion of the crypto market.



Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences