In brief: Bitcoin fell from $58,369 to a local low of $47,619 Bitcoin then rebounded to $55k before once again dipping to the $47,600 level The volatility caused $4.4 Billion in liquidations The crucial $50k support...
Quick take: OKCoin will delist Bitcoin Cash (BCH) and Bitcoin SV (BSV) on March 1st, 2021 The move is aimed at supporting the Bitcoin ecosystem and protecting new investors OKCoin CEO further explained that misinformation war...
In brief: Tim Draper has rekindled his $250k price prediction for Bitcoin He expects Bitcoin to hit this value by the end of 2022 He cites that unlike three years ago, Bitcoin looks more likely to...
Quick take: Bitcoin’s dominance has fallen consistently since the beginning of 2021 BTC’s dominance fell from 73% to 59% allowing alt-coins to thrive Bitcoin’s dominance is now battling to regain the crucial 63% that could see...
In brief: Selling by Bitcoin miners seems to have slowed down The reducing selling pressure could provide an opportunity for Bitcoin to break $50k Margin short positions have also capitulated pointing to a bullish future for...
In brief: Bitcoin’s market cap will reach a value of $1 Trillion at a BTC price of $53,680 Bitcoin’s current market cap stands at $904.5 Billion with its fully diluted market cap exceeding $1 Trillion Bitcoin...
In brief: According to Timothy Peterson, large Bitcoin holders could push BTC to higher levels A 10% increment in large holders (1k+ BTC) could increase Bitcoin’s value by 200% An increment of 500 of such large...
In brief: Twitter CEO, Jack Dorsey and Jay Z have set aside 500 BTC to fund Bitcoin development The funds will be in an endowment trust named ₿trust The fund’s focus will be on development teams...
In brief: Bitcoin has a 12% chance of breaking $100k by the end of 2021 This forecast is based on data from current Bitcoin options contracts Elon Musk’s tweets on Bitcoin and Dogecoin could increase interest...
Quick take: News of Tesla adding Bitcoin to its balance sheet resulted in the biggest BTC daily candle to date The event caused a Bitcoin move of $7,580 in one day Bitcoin also posted an all-time...
In brief: Tesla has just announced that the company invested $1.5 Billion in Bitcoin Tesla also plans to start accepting Bitcoin as a form of payments for its products Elon Musk has destroyed the ‘career risk’...
Quick take: Microstrategy held a conference to share their Bitcoin playbook with other global companies The event attracted 8,197 attendees from 6,917 enterprises All sessions of the conference, including Microstrategy’s Bitcoin playbook, are available for free...