Quick take: Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheet This comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’ Bitcoin has since rallied from the $32k price area...
Summary: The number of Bitcoin transactions by BTC miners to all crypto exchanges has hit a yearly high Selling could be linked to profit-taking ahead of the Chinese new year that begins next month Bitcoin analyst,...
Quick take: Bitcoin stored in exchange wallets has continued to drop since early 2020 The amount of BTC in exchange wallets is at its lowest in almost 2.5 years Institutional buying and storage offline is one...
Summary: Bitcoin’s aggregated open interest has hit a new high of $14B Bitcoin has just set a local high of $40,960 – Binance rate The King of Crypto has printed what looks like an ascending triangle...
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...
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: 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: 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...
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: 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: 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: 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...