Summary: A chart by the team at JP Morgan Chase superimposes Bitcoin’s and Gold’s ratios of realized volatilities and hints that BTC is acting a lot like the latter asset. Bitcoin’s market cap and that of...
Summary: Mike Novogratz believes that Bitcoin will lead the next rally when the US Federal reserve pauses its monetary tightening policy. When Bitcoin rallies, good crypto projects will follow suit. According to Mr. Novogratz, the crypto...
Summary: Su Zhu has admitted via Twitter that his Bitcoin supercycle thesis ‘was regrettably wrong.’ Mr. Zhu’s Bitcoin supercycle thesis had forecasted that BTC could reach $2.5 million if it took a large portion of Gold’s...
Summary: Four top Coinbase officials have sold $1 billion worth of COIN shares since the company went public. The Coinbase executives include Co-founders Brian Armstrong and Fred Ehrsam, its President and Chief Operating Officer Emilie Choi,...
Quick take: Huobi Global has announced the acquisition of Bitex to expand its presence in the Latin America region that continues to embrace crypto. Bitex, founded in 2014, is one of the first regional crypto exchanges...
Summary: Bitcoin could be gearing up for a rapid drop to $22k or $20k, where macro support lies. Bitcoin options data shows that traders are loading up on hedges in the event of another leg down....
Summary: Bitcoin’s value has been declining for a record-breaking eight consecutive weeks. The ongoing pullback has put a notable dent in the entire crypto market performance. Fear in the Bitcoin and Ethereum derivatives markets indicates that...
Summary: Bitcoin miners based in China now control 21.1% of BTC’s hashrate. China is now ranked second in Bitcoin’s hashrate, hinting at the existence of covert mining facilities. This is despite China’s government reiterating in May...
Crypto markets slow down as Bitcoin ranges around $30K.
More fashion leaders adopt bitcoin and other cryptos.
Quick take: European Central Bank President, Christine Lagarde, has said cryptocurrencies are worth nothing and based on nothing. She added that cryptocurrencies do not have an underlying asset to act as an anchor of safety. ECB...
Quick take: MicroStrategy’s new Chief Financial Officer, Andrew Kang, has reiterated that the company will stick to its Bitcoin plan by not selling any BTC. Mr. Kang also adds that MicroStrategy investors are also aligned with...