Quick take: After breaking the $12k ceiling, Bitcoin has fallen to as low as $11,600. Traders had expected Bitcoin to maintain the $12k support zone. Bitcoin losing the $12k could be a sign of manipulation. The...
In brief: According to John Bollinger, Bitcoin’s current rally is a picture-perfect advance. BTC has broken the $12k ceiling and managed to turn it into a support zone. $13,000 could be in sight if Bitcoin’s momentum...
In summary: Crypto Analyst Timothy Peterson has stated that Bitcoin’s odds at reaching $17k by the end of the year stand at 30%. $17,200 was Bitcoin’s peak value in 2018. If Bitcoin hits $17k, it would...
In summary: Dave Portnoy recently met with the Winklevoss Twins to discuss Bitcoin and digital assets. During the meeting, Portnoy spent a total of $250k on Bitcoin and ChainLink (LINK). He’s since tweeted about both digital...
In summary: Bitmex will be launching a user verification program on the 28th of August. All customers will be required to complete ID checks within the next 6 months. Bitmex has given a February 12th, 2021...
Quick take: The digital asset management firm of Grayscale kicks off a national ad campaign in the US. The first ad will be aired today, at 7 am ET on CNBC. Bitcoin has managed to retest...
Quick take: Bitcoin has reclaimed the $11,500 support level after a brief slip on Friday to $11,300. The latter was due to the stock market reacting to the continual back and forth between President Trump and...
In summary: Bitcoin’s supply and ownership has experienced a shift from so-called whales to smaller entities. Those holding 10 BTC or less has increased from 5.1% to 13.8% in 5 years. Entities holding between 100 and...
Quick take: During bull markets, patterns tend to emerge between Bitcoin (BTC) and individual altcoins. In the case of VeChain, VET has proven to have a very low correlation to Bitcoin compared to others such as...
In brief: After breaking $12k and $400, Bitcoin and Ethereum fell hard to $10,500 and $325. Crypto traders were caught off guard with over $1 Billion in liquidations. The volatility might just prove that we are...
In brief: Majority of quarterly contracts on major crypto exchanges are trading higher than spot markets. The difference is as high as $400 in some instances. Bitcoin has already hit $12k on some of the quarterly...
In brief: Bitcoin managed to brush off news of a shrinking US economy. Bitcoin has firmly regained the $11k price level. A previous Bloomberg report had concluded that active BTC addresses point to $12k. Using Metcalfe’s...