Quick take: Bitcoin’s Twitter sentiment has taken a nosedive in the month of March BTC Twitter sentiment is at its most bearish since October 1st 2020 However, the approval of a $1.9T stimulus bill might change...
Quick take: Meitu, a Chinese Technology Company, has purchased 379.12 Bitcoin and 15k Ethereum The purchase was made on the 5th of March at a cost of $22.1M and $17.9M respectively Meitu made the purchases as...
In brief: Bitcoin is getting harder to ignore as an investment option Bitcoin’s market cap is now greater than JPMorgan, Facebook, VISA and Tesla individually Rich Dad, Poor Dad author continues to recommend Bitcoin as a...
In summary: Microstrategy has purchased 205 additional Bitcoin for $100 million bought at $48,888 each The company now holds 91,064 Bitcoin at an average entry of $24,119 The $47k Bitcoin price area is a level of...
Quick summary: Bitcoin is replacing gold in investment portfolios is accelerating Bitcoin has gained legitimacy with declining volatility and is increasingly becoming a global digital store of value $100k is the logical next threshold for Bitcoin...
Summary: Willy Woo has forecasted that Bitcoin’s bull market is just getting started He cites that retail investors reentered the space in January and will continue to do so A peak in new Bitcoin users and...
In brief: Goldman Sachs will restart its Bitcoin and crypto desk next week The investment bank’s crypto desk was first launched in December 2017 around the same time Bitcoin topped at $20k Re-entry into the crypto...
In brief: Bitcoin’s SOPR indicator has seen a full reset, turning negative for the first time in 5 months The indicator points to a possible local bottom for Bitcoin The last time it fell this low,...
In brief: 25,600 Bitcoin has left Coinbase in the last week 13k Bitcoin left Coinbase on the 25th of February This shows that institutions are scooping up the Bitcoin dip with Coinbase facilitating a majority of...
In brief: Grayscale Bitcoin Trust (GBTC) closed yesterday at a 3.77% discount A discounted GBTC could point towards bearish Bitcoin sentiment amongst institutional investors Bitcoin dipped to the $44k support zone and could be headed lower...
In summary: Bitcoin futures trade volume hit a new all-time high of $294.19 Billion as BTC fell below $45k The majority of the trade volume was witnessed on Binance followed by Huobi and OKEx Bitcoin is...
In brief: The NY Attorney General’s office has settled with Bitfinex and Tether Bitfinex and Tether will cease all operations in New York They will also pay an $18.5 million fine alongside other requirements to increase...