Technical charts for Bitcoin suggest that the US$31,000 level of support has already been tested in the 50-day moving average, a level if breached, technical analysts suggest, could send Bitcoin…
I wrote this article a few days ago, when bitcoin’s price was $36,000, in the middle of a parabolic move that started at $9,800.
At that time, the total cryptocurrency market…
Slowing of fund inflows to Grayscale Bitcoin Trust is putting downward pressure on Bitcoin price as the "Grayscale Premium" is being eroded Erosion of the disconnect between price of Grayscale Bitcoin Trust…
Since December 16, 2020, Bitcoin has doubled to hit almost US$42,000 before undergoing a correction in the last two weeks. Many naysayers relish this opportunity to negatively opine on Bitcoin’s…
US financial regulators have been long-time harsh critics of digital assets, with the exception of the Office of the Comptroller of the Currency (OCC), which pushed out several crypto-friendly regulations…
Bitcoin fell more than 20% over the past week, going from the heights of $40,000 and dipping around the $30,000 level before sustaining itself above $32,000 over most of the…
As Bitcoin struggles in the $32,000 to $33,000 range, where it has been stuck for the better part of last week, two other tokens have risen above expectations to strike…
Investors have been touting Bitcoin as a hedge against inflation in recent months, buoyed by Bitcoin’s massive consecutive price surges in the last quarter of 2020. Its growth coincided also…
Traders’ portfolios may be down 20%, the largest dip we have seen since the start of the December 2020 price rally for Bitcoin and also Ethereum. According to CoinMarketCap, bellwether…
One’s treasure can certainly be garbage to others, and amidst heightened interest in Bitcoin driving its recent price rally and prices ballooning over 400% in the span of eight weeks,…