The Currency Analytics
By Dan Saada
There was a massive 1 billion Bitcoin whale transaction, which has been making the waves in the cryptocurrency market.
One of the analysts stated that the majority of the transactions came from the Huobi Wallets, he said, “Our team is looking into the validity of the claim.”
The price of the Bitcoin changed from $10,569 to $10,790, and it has been following the path of the $780 million BTC move of the past week.
One of the Tweets read: “$1 Billion+ $BTC was transferred in one transaction yesterday. Where did that come from?
“It’s no coincidence that Bitcoin has risen as the Pound has gone south.”
Kevin Collier tweeted: I have never seen such a fantastic example of how insane cryptocurrency media is than the fact that MULTIPLE outlets have written articles based…
William Turton tweet doing the rounds was about the NSA's director has stated that the agency will propose hardware and software standards again.
Over the past 24 hours, Bitcoin has been down by 2.03 %, and Ripple as well leads the trend.
Analysts opine that BTC is ready to launch its next price move towards the uptrend. The BTC has been sustaining above the moving averages for over the past three days.
The ETH/USD pair would start a new uptrend, and we might have to wait for the price to sustain beyond $183.