In brief: Bitcoin has been experiencing some serious sideways movement for over a week. Since around the 11th of June, BTC has oscillated between $9,600 and $8,900. $9,300 continues to be a strong support zone as...
In summary: Big money in the form of hedge funds, university endowments and pension funds are ready to invest in Bitcoin. However, these institutions have governing charters that prevent them from investing in crypto directly. Investment...
In summary: 60% of the Bitcoin in existence is held as a long-term investment. 20% of the Bitcoin ever mined has not moved in five years or more. Approximately 19% of the Bitcoin mined, moves frequently...
In brief: Crypto traders and investors have seen Telegram Messenger as a logical home for their news and discussions. A report by the team at Amun estimates that 59% of Bitcoin and Crypto investors get their...
In brief: Continual Quantitative Easing by the Fed has led to Bitcoin (BTC) becoming attractive to Baby Boomers. Paul Tudor Jones investing in BTC has injected additional confidence in Bitcoin investing. The new capital could just...
In brief: With the first half of 2020 almost coming to an end, Bitcoin looks set to close of Q2 of 2020 on a high note. BTC is once again above the crucial $9,300 support zone...
Quick take: All bets are on Bitcoin either retesting its $9,300 support or losing it completely. BTC dropped below this support zone on the 11th of June. One bearish scenario sees Bitcoin retesting $8,000 or even...
In brief: The discussion surrounding Central Bank Digital Currencies has gathered steam since COVID19 was declared a pandemic. The team at Grayscale suggests the launch of CBDCs will provide a gateway for further Bitcoin adoption. China...
Quick take: The number of Bitcoin whales who hold at least 1,000 BTC has increased by 8.9% in the last year. The increment could be due to BTC’s use as a hedge during times of uncertainty...
Quick take: Yesterday, Binance launched the BTCUSD Quarterly Futures Contract with a leverage of up to 125x. To promote the derivatives product, the exchange will offer users 30 days of maker fee rebates and taker fees...
In brief: Bitcoin has lost the $9,300 support zone as the US Stock market experiences a hefty correction. The stock market is reacting to fears of a possible second wave of the Coronavirus in the United...
In brief: Crypto Twitter has linked bullish tweets by the Co-Founder and Partner at Morgan Creek Digital, Anthony Pompliano, to Bitcoin experiencing periods of heavy correction. To prove this correlation, a few members of Crypto Twitter...