A Donald Trump Win Could Be Seen As Bullish, Harris Victory As Bearish For Crypto: Bernstein
Nicolas Maduro's Venezuela Blocks Access To Binance, Crypto Exchange Says Funds Are Safe
Kamala Harris Edges Out Donald Trump In Crypto Betting Odds For The First Time, Wagers Rise From 6% To 52% In Less Than A Month
Bitcoin Archive noted that Bitcoin miner Marathon Digital will raise $250 million for buying more Bitcoin.
Notable Statistics:
IntoTheBlock data shows large transaction volume increased by 10%, while daily active addresses grew by 3.2%. Exchanges netflows widened by 80.2%, taking around 82% Bitcoin holders to profit levels.
Coinglass data noted 75,577 traders were liquidated in the past 24 hours for $220.44 million.
Cryptoquant reported that miner reserves dropped below levels not seen since Bitcoin's early 2021 all-time high.
Crypto trader Marty Party tweeted that Bitcoin reserves on centralized exchanges are at levels not seen since November 2018.
Top Gainers:
Cryptocurrency
Price
Gains +/–
SATS (CRYPTO: 1000SATS)
$0.0003154
+23.9%
Sui (CRYPTO: SUI)
$1.01
+12.7%
Helium (CRYPTO: HNT)
$6.6
+12.3%
Trader Notes: More Crypto Online in their recent tweet stated that Bitcoin's price will have to reverse to the upside the keep the "white micro structure alive."The next relevant support levels are at $56,287 and then $54,600.
Crypto trader Income Sharks believes that those who invested in spot are doing great, while others who are impatient will be out of money when BTC goes higher.
#Bitcoin – Same price that it was at the end of February. Still in a range, still chopping. Those that have been spot and chilling are doing great. Those trading this with leverage or being impatient will be out of money by the time it goes higher. pic.twitter.com/HVgYLObl5J
— IncomeSharks (@IncomeSharks) August 12, 2024
Crypto trader Blockchainedbb predicts that Bitcoin will go to $63,000 if $55,000 holds.
The likelihood of Aug pumping more is extremely high. If geopolitical tensions grow and we lose 55K, we must consider the case broken and contemplate option B, which is shorting early. As of today, $BTC is maintaining the bullish structure that it developed earlier this... pic.twitter.com/rMLt6ZCTzb
— Blockchainedbb (@blockchainedbb) August 12, 2024
Stockmoney Lizards in the latest X post has a conservative cycle top estimate of $200,000 – $250,000.
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
Bitcoin Will Outperform Gold, Ethereum And Even Nvidia, Trader Claims
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。