{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=DE&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin+prrice+surges+%2431%2C000+-+what+this+means+for+the+market&text=As+Bitcoin+price+continues+to+increase%2C+we%27re+seeing+more+activity+from+and+towards+Coinbase+which+could+be+having+a+massive+impact+on+the+market.&text=Coinbase+experienced+a+significant+increase+in+activity+as+the+new+year+kicked+off+as+a+result+of+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fde%2Fhandelsplattformen%2F%22%3EBitcoin%3C%2Fa%3E+surpassing+%2432%2C000+USD.+According+to+analysts+and+cryptocurrency+experts%2C+this+shows+similar+signs+to+when+software+and+information+services+firm+MicroStrategy+added+a+large+sum+to+its+investment+portfolio%3B+a+trend+largely+driven+by+institutional+orders.%0A%3Ch2%3ECoinbase+Bitcoin+activity+increasing%3C%2Fh2%3E%0AOver+the+past+two+days%2C+Coinbase+has+offered+a+higher+premium+compared+to+other+exchanges%2C+such+as+Binance.+When+the+price+of+Bitcoin+sent+past+%2430%2C000+USD%2C+the+premium+on+Coinbase+breached+nearly+%24350+USD+compared+to+other+exchanges.+Before+the+bull+run+started%2C+Ki+Young+Ju+-+CryptoQuant+CEO+-+noted+that+the+low+trading+outflows+from+Coinbase+could+be+a+roadblock+to+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fde%2Fbitcoin-trader%2F%22%3EBitcoin+rallying%2C%3C%2Fa%3E+suggesting+that+they+would+need+to+increase+for+the+cryptocurrency+to+see+any+traction+heading+upwards.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3ESpeculative+guess%2C+but+BTC+would+have+a+correction+when+the+spot+inflow+of+institutional+investors+slows+down.+BTC+needs+to+bring+more+institutional+investors.+For+example%2C+Grayscale+BTC+holdings+are+still+607k+since+25+Dec.%3C%2Fp%3E%0AData%3A+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fbybt_com%3Fref_src%3Dtwsrc%255Etfw%22%3E%40bybt_com%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ft.co%2FH0a5gkoVmt%22%3Epic.twitter.com%2FH0a5gkoVmt%3C%2Fa%3E%0A%0A%E2%80%94+Ki+Young+Ju+%EC%A3%BC%EA%B8%B0%EC%98%81+%28%40ki_young_ju%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fki_young_ju%2Fstatus%2F1344525510823428097%3Fref_src%3Dtwsrc%255Etfw%22%3EDecember+31%2C+2020%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%0AWhen+Bitcoin+started+closing+in+on+the+%2429%2C500+USD+price+tag%2C+we+started+to+see+an+increase+in+Coinbase%27s+outflows.+This+activity%2C+according+to+Ki%2C+represents+bullish+activity+for+the+cryptocurrency+and+led+further+to+the+surge+of+the+token.%0A%3Ch2%3EBitcoin+bullish+and+breaking+new+records%3C%2Fh2%3E%0AAnalyst+at+Delphi+Digital%2C+Ashwath+Balakrishnan%2C+also+commented+on+Bitcoin%27s+bullish+behaviour%2C+noting+that+the+cryptocurrency+market+became+more+attractive+to+new+investors+as+it+broke+past+its+all-time+high%3A%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3EBuying+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fsearch%3Fq%3D%2524BTC%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24BTC%3C%2Fa%3E+post-+ATH+is+actually+superior+than+sniping+the+bottom+from+a+risk+adjusted+lens%3C%2Fp%3E%0AIf+you+bought+at+%2420k+you%27re+up+50%25+with+minimal+friction+in+between%0A%0ABottom+buyers+%7E%244k+are+up+almost+8x+but+their+risk+of+blowing+up+was+much+higher%0A%0A%E2%80%94+Ashwath+Balakrishnan+%28%40ashwath_22%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fashwath_22%2Fstatus%2F1345348801691717634%3Fref_src%3Dtwsrc%255Etfw%22%3EJanuary+2%2C+2021%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E","timeout":15}