CoinBis Official

2023-03-17 18:05:14 [NFA] Open / Comment

2023-03-17 16:06:01 Hodlers' Bags Continue to Grow - The amount of BTC owned by addresses holding for over one year just set a new all-time high

Bitcoin hodlers now own over two thirds of all circulating supply.

Following the BTFD mantra, this group of addresses typically increases their holdings in the bear market, as we saw in 2022.

If history rhymes, this group is unlikely to start selling their holdings until we reach close to the previous all-time high ($69,000).

This points to Bitcoin's scarcity as the majority of long-term holders have been historically unwilling to sell shortly after the bottom. Open / Comment

2023-03-17 12:13:43 South Korea Intensifies Push To Extradite Terra-Luna Founder For Crypto Scandal

South Korean prosecutors are increasing their efforts to bring South Korean national Kwon Do-hyung, also known as Do Kwon, and five other Terraform Labs employees back to Korea to face fraud charges related to the now-collapsed Terra-Luna stablecoin. The project was developed by Terraform Labs, which is based in Singapore. Last month, the US Securities and Exchange Commission filed a lawsuit against Terraform and Kwon for allegedly defrauding investors by hosting a “multi-billion dollar crypto asset securities fraud.” The Federal Bureau of Investigation and the Southern District of New York prosecutors are also investigating former Terraform employees equally as the SEC lawsuit. Singapore police have launched their own investigation into Terraform Labs. During his podcast appearance last year, Kwon acknowledged his responsibility for the Terra project’s failure but insisted no fraud was involved. Open / Comment

2023-03-17 12:11:01 Ethereum’s Vitalik Buterin Suggestions Amid Shanghai Upgrade, Arbitrum Airdrop Open / Comment

2023-03-17 12:10:17 BTC Soars to Highest Point Since June 2022, is $30K in Sight? (Bitcoin Price Analysis)


On the daily chart, the price has rebounded decisively from the significant 200-day moving average, located around the $20K mark a few days ago. Since then, the market has been trending impulsively to the upside, finally breaking above the $25K resistance level.

Currently, the key $30K zone is the next probable target for the price in the short term. A breakout above this area would be wonderful for the bulls, as the market would likely enter a bullish phase in the coming months.

However, the RSI indicator should be monitored closely as it is entering the overbought zone, and a bearish pullback or consolidation is probable in the short term. Open / Comment

2023-03-15 10:19:06 Open / Comment

2023-03-14 20:50:48 Global clothing brand GUESS now accepts Bitcoin payments in Lugano, Switzerland


#CoinBis Open / Comment

2023-03-14 19:54:08 Fiat currency is a promise from your government.

Account balance is a promise from your bank.

Bitcoin is a guarantee, verified by you.

#CoinBis Open / Comment

2023-03-14 11:38:37 Banks are failing, and a record high 67.7% of all BTC has not moved on over 1 year.

The stage is set for a parabolic bull run unlike any other.

Hyperbitcoinization is here. Open / Comment

2023-03-14 11:37:51 Bitcoin Explodes 10% Daily on Positive SVB Developments, Binance $1B Injection: Market Watch


Bitcoin’s Price Rallies
Bitcoin’s price crashed a few days ago on worries that Silicon Valley Bank won’t be able to honor customer redemption requests.

The bank was shut down on Friday, and the market crumbled. However, it didn’t take long for the US Government to step in. In a joint statement by the Federal Reserve, Treasury Department, and the Federal Deposit Insurance Company, officials promised to make depositors whole: Markets seem to have been reassured, as Bitcoin’s price, together with that of the broader cryptocurrency industry, rallied. Open / Comment