Quick take: Bitcoin has been the best performing asset in 6 of the last 11 years Pantera Capital CEO has pointed out that a cryptocurrency has been the best performing asset in 9 of the last...
Quick take: BTC Miners have now cumulatively earned Bitcoin worth $20 Billion Such revenue is an incentive to keep the Bitcoin network going and secure Bitcoin has just experienced a dip to the $35k level The...
Quick take: The supply of Yearn Finance (YFI) is 700 times lower than that of Bitcoin Like Bitcoin, YFI is valued at the $30k area with a current value of $32,300 The project has lately merged...
Quick take: Bitcoin’s $30k – $32k held Bitcoin has just retested $40k and looks ready to push further This comes after Grayscale added 2,172 BTC to its bags in the last 24 hours Institutional buying of...
Quick take: CryptoQuant CEO forecasts that $30k – $32k should hold because most institutional investors bought Bitcoin around these levels He cites the January 2nd outflow from Coinbase when BTC was around this price area However,...
Summary: Bitcoin fell from $41k to $30,300 in less than 48 hours This is a drop of over $10k or 26% Bitcoin has since rebounded and rejected at the $36,600 price area However, $38k could be...
Summary: Robert Kiyosaki has recommended investors to buy Bitcoin He cites that the Biden administration will print more dollars to stimulate the economy He also expects the rules to change at the Federal Reserve thus facilitating...
Summary: The number of active Bitcoin addresses recently hit an all-time high of 1.34 million This amount is higher than the 1.29 million experienced on December 14th, 2017 Bitcoin is attempting to turn the $40k price...
Summary: $50k may be Bitcoin’s next stop Bitcoin’s old all-time high of $20k is now its base Bitcoin is attracting traditional gold investors as it is the digital version of the precious metal Bitcoin as an...
Summary: Bitcoin has a 9% probability of exceeding $100k by September 2021 This is according to options prices on the various derivatives platform Deribit has introduced a December 2021 Bitcoin options contract with a $200k strike...
Summary: Bitcoin’s dominance tested 73% on January 3rd This level was last seen in September of 2019 and is a crucial resistance area If Bitcoin pushes above this level, altseason will be postponed Conversely, if Bitcoin...
Summary: MagicPoopCannon has highlighted $36,200 as a possible pullback zone for Bitcoin He explains that Bitcoin’s parabolic move could be ‘running out of gas’ If a rejection occurs at $36,200, the 10 week MA could provide...