Bitcoin (BTC)

Largest Crypto Fund Manager Says Clients See Bitcoin as Inflation Hedge

Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top […]

Why Do Bitcoins Have Value?

Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank-controlled fiat money. 継続は力なり To continue is power. <Japanese proverb> There has been a lot of talk about how to price Bitcoin and we set out […]

Morgan Creek and Exos file Bitcoin fund with SEC

The new risk-managed Bitcoin fund was filed with the SEC on Thursday. Morgan Creek Capital Management and Exos Financial filed a new Bitcoin (BTC) fund with the United States Securities and Exchange Commission on Thursday. If approved, the fund will offer institutional investors another way to long the flagship cryptocurrency without the volatility of owning […]

Bakkt Opens its Bitcoin and Crypto App for Early Testers

After announcing the launch of the Bakkt Bitcoin and crypto app earlier this year, the Bakkt mobile app is now ready for testing. The company sent an email on November 11 expressing its readiness to launch the mobile app. According to the information in the email, the firm asked users to provide valuable feedback on […]

Here’s why bulls aren’t bothered by Friday’s $525M Bitcoin options expiry

Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level. On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open interest also expired. This presents somewhat […]

Ripple’s Garlinghouse disses Bitcoin’s energy use in advance of Biden administration

With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration. Ripple CEO Brad Garlinghouse thinks corporations converting cash to Bitcoin (BTC) could be making a costly mistake as a more environmentally-conscious Biden administration takes the White House in […]

Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be […]

Traders are Using the Most Leverage Ever as Bitcoin Nears Key Resistance

Bitcoin is trading around the level it has been at for the past couple of weeks Bulls are vying to break above $13,800, but the resistance here is rather significant and is showing few signs of degrading BTC has now made multiple bids to break above $14,000, but each one has resulted in it seeing […]

How Much Bitcoin [BTC] Does Wall Street Own?

Top firms to enter Bitcoin [BTC] race are MicroStrategy, Square  Inc. , Stone Ridge Asset Management and GrayScale. Yesterday, October 31st, crypto king Bitcoin (BTC) celebrated its 12 birthday since the release of the Bitcoin whitepaper. Bitcoin pushed past $14,000 levels and registered its biggest ever monthly closing in the last 34 months after the […]

A 2016-level massive Bitcoin price volatility spike might be near

The Bollinger Band shows the Bitcoin price might see a spike in volatility, similar to 2016’s post-having cycle. For the first time since 2016, the Bollinger Band width of Bitcoin (BTC) dropped below 0.95. The Bollinger Band is a widely utilized technical indicator that evaluates the volatility trend of an asset. It might signify that […]

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