Quick take: The Bitcoin Korea Premium Index has just hit a one-year high of 11.97$% Also known as Kimchi Premium, it tracks Bitcoin’s value on S. Korean exchanges relative to others The index is known to...
In summary: Bitcoin has had 6 consecutive green months in terms of monthly returns Bitcoin just had its best Q1 performance since 2013 BTC has also traded for 30 days straight above $50k April and May...
In brief: Bitcoin has an 18.5% chance of hitting $100k by the end of 2021 The quarterly and monthly close is hours away and could mean volatility for the next few hours $947M in trading positions...
In brief: An independent report from Moore Cayman confirms that USDT is backed by actual fiat The report cites Tether’s Consolidated Reserves Report of February 28th as being accurate Tether’s consolidated assets exceed its consolidated liabilities...
In brief: Paypal’s U.S customers will soon have an opportunity of checking out using their crypto holdings This increases crypto adoption by allowing users to pay for goods and services at over 29 million merchants The...
In brief: Tyler Winklevoss has forecasted that the US Government will never ban Bitcoin His comments are in response to Billionaire investor Ray Dalio, suggesting that the government could outlaw Bitcoin at some point Cameron Winklevoss...
In brief: Bitcoin’s 30-day rolling correlation with the S&P 500 has increased to levels last seen in March and October of 2020 Bitcoin’s correlations with gold, bonds and the dollar index (DXY) have decreased Bitcoin price...
In brief: Bitcoin Miners’ Position Index (MPI) has been low since March 6th Bitcoin miners are now holding BTC rather than selling 90k Bitcoin options expired earlier today on Deribit, removing the anxiety of additional selling...
In brief: Bitcoin investors holding 1 BTC or less have continued to accumulate sats since March 2018 This group of Bitcoin investors has weathered the volatility for 3 years and now own 5.2% of Bitcoin’s supply...
Summary: Bitcoin is now a payment option when buying a Tesla Elon Musk has also clarified that the Bitcoin paid to Tesla will be retained as BTC and not converted to fiat Tesla accepting Bitcoin is...
Summary: 117k Bitcoin Options expire this Friday, March 26th The maximum pain point for the expiry is $44k according to the team at Deribit Insights Bitcoin has lost the $55k support zone with $53k the level...
In brief: Willy Woo has pointed out that only 7.3% of Bitcoin’s supply has moved since BTC hit a $1 Trillion market cap Chances are, that the $1 Trillion market cap is supported by investors henceforth...