In brief: An independent report from Moore Cayman confirms that USDT is backed by actual fiat The report cites Tether’s Consolidated Reserves Report of February 28th as being accurate Tether’s consolidated assets exceed its consolidated liabilities...
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...
In summary: Bitcoin has had 6 consecutive green months in terms of monthly returns Bitcoin just had its best Q1 performance since 2013 BTC has also traded for 30 days straight above $50k April and May...
Quick take: The Bitcoin Korea Premium Index has just hit a one-year high of 11.97$% Also known as Kimchi Premium, it tracks Bitcoin’s value on S. Korean exchanges relative to others The index is known to...
Quick take: Bitcoin replacing gold is occurring at a fast rate as investors divert funds ‘to where it is treated best’ Gold still maintains its place in jewelry and coin collections, but Bitcoin is replacing it...
Quick take: Bitcoin miners have been earning over $50 million per day This is a 4x increment in one year despite BTC rewards being halved Bitcoin miners are choosing to hodl their BTC Bitcoin’s $55k is...
In brief: Bitcoin long term holders, aka OGs, are no longer selling after Tesla bought BTC Bitcoin old hands are extremely strong and their lack of selling, points to new highs for BTC Bitcoin has since...
Summary: The number of Bitcoin whales holding 100k BTC or more has hit an 11 month high The whales now control 2.20% of Bitcoin supply up from 0.76% 11 weeks ago At the same time, smaller...
Coinbase (COIN) is scheduled to be listed on Nasdaq tomorrow, April 14th Bitcoin and Ethereum have hit all-time high values $63,657 and $2,294 on the eve of the Coinbase listing BTC and ETH could keep climbing...
Bitcoin’s market could have entered the ‘greed stage’ based on the high leverage being used by BTC traders The amount of leverage has increased since February The weekly Bitcoin chart is hinting of exhaustion and a...
Turkey has announced a move to ban cryptocurrencies as a form of payment The Turkish Central Bank cites that cryptocurrencies can cause ‘non-recoverable’ losses due to their level of anonymity The crypto ban in Turkey begins...
Bitcoin whales have sold roughly 50k BTC in the last 5 days This amount translates to roughly $3 billion The Bitcoin whales include those holding 100 – 10,000 BTC Bitcoin has entered what looks like a...