While the price of Bitcoin (BTC) has recently seen a retracement, falling back to $7,800 as of the time of writing this, analysts are still optimistic about the cryptocurrency’s prospects in 2020. Prominent Analyst Optimistic On...
Bitcoin Bottom Isn’t In? After plunging to $6,800 on Friday, Bitcoin (BTC) has been subject to some reprieve; the cryptocurrency now trades at $7,300, up some 8-odd percent from the bottom. While this bounce is somewhat...
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...
Quick take: Grayscale has added to its bags Bitcoin worth $270 Million in the last 7 days Grayscale’s total assets under management have hit a total of $13 Billion Grayscale’s assets under management have increased by...
Quick take: Willy Woo has pointed out that Bitcoin’s fundamentals ‘are in moon mode’ On-chain data and metrics from infrastructure players hint that Bitcoin is on a path to a profitable Q4, 2020 Bitcoin’s bullishness will...
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...
Summary: Tether’s CTO, Paolo Ardoino, has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According to Mr. Ardoino, the attack involves a new wave of FUD, trolling, clowns, and more. Mr....
Summary: Bitcoin has set all-time highs on two consecutive days Bitcoin’s most recent all-time high is $25,035 – Binance rate The King of Crypto shows no signs of slowing down with $26k and $27k in sight...
Quick take: Tether’s CTO has stated that the company has reduced its holdings of commercial paper and increased its US Treasuries as reserves for USDT Tether also announced that the USDT stablecoin had stood the test...
CME Looks to Improve Bitcoin Product Over the past few months, the Chicago Mercantile Exchange (CME) Group Bitcoin futures contracts have become increasingly important in this budding market. In fact, as the financial institution pointed out...
If you’ve perused Crypto Twitter at all over the past week or two, you likely would have noticed the incessant mentions of a Bitcoin price fractal. (editor’s note: a fractal, in the context of financial assets...
For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months. Mark Dow, a hedge fund manager that shorted...