El Salvador’s law embracing Bitcoin as legal tender will take effect on September 7th The Government of El Salvador has pledged to airdrop $30 to each adult citizen who use the country’s very own Bitcoin wallet...
The number of Bitcoin addresses in profit has hit an 8-month low of 28 million The percent of Bitcoin addresses still in profit has also hit an 11-month low of 74.387% Bitcoin remains in bearish territory...
Bitcoin is trading at the lower boundary of the stock-to-flow model by PlanB Bitcoin has traded at this lower boundary before as was the case in March 2020 According to PlanB, his model could be invalidated...
Microstrategy CEO believes that Satoshi Nakamoto deserves a Nobel Prize in Economics Mr. Saylor also adds that Satoshi should receive another Nobel Prize for the invention of a monetary system that does not rest on the...
Many traders use technical analysis to determine Bitcoin’s short-term price movements This could lead to a ‘self-fulfilling’ death cross as Bitcoin traders expect further losses Bitcoin’s 50-day moving average is in the process of crossing the...
Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top...
Bitcoin could retest the $48k to $50k range if it keeps moving higher This is according to an analysis by the inventor of Bollinger Bands, John Bollinger Mr. Bollinger however cautions that the market ‘will let...
Michael Saylor has described Bitcoin as being digital property His description of Bitcoin comes after El Salvador acknowledged Bitcoin as legal tender He also pointed out that Bitcoin empowers billions of people with property rights, as...
Institutional demand for GBTC and QBTC has dropped The premium on both Bitcoin products has been in negative territory since March The trade volume of GBTC and QBTC has also been reducing since the beginning of...
Engineers in El Salvador have dug a new 95MW geothermal well The new geothermal well will provide renewable energy for the mining of Bitcoin This is after the country’s President requested the power company of LaGeo,...
Bitcoin’s symmetrical triangle has broken to the downside Bitcoin continues to trade below the 200-day moving average A death cross is on the horizon for Bitcoin However, the 50-week moving average could produce a relief rally...
A potential death cross on the daily Bitcoin chart has been forming since mid- May The Bitcoin death cross should occur in the next week or so Bitcoin continues to trade below the 200-day moving average...