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“# YouTuber regrets spending 37 BTC — now worth $1.8M — on used Hondas ” A Honda enthusiast has released a YouTube video revealing how he spent a bunch of Bitcoin on two used sports cars. Known on social media as “NSXTRA”, Chris Cut’s Feb. 16 YouTube video titled “Idiot Spends $1.8 Million of Bitcoin…
“# Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application ” North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors to access digital assets. Less than three weeks after filing a preliminary prospectus for a Bitcoin ETF, Evolve Funds Group Inc announced Tuesday…
“# Gold bug Peter Schiff gives Bitcoin permission to hit $100K ” The man who once said “Bitcoin will never hit 50K” has doubled down on the bearish prediction that Bitcoin will eventually go to zero. Back in 2019, CNBC host Joe Kernen speculated that Bitcoin’s price would reach $55,000 by May 2020. Peter Schiff mocked him at…
“# NYDIG files for US-based Bitcoin ETF, with Morgan Stanley on board ” New York Digital Investment Group, or NYDIG, has submitted paperwork with the United States Securities and Exchange Commission to launch a new Bitcoin exchange-traded fund. NYDIG filed a Form S-1 registration statement for a Bitcoin ETF with the SEC on Tuesday. The submission…
“# Is a retail frenzy causing the Bitcoin futures’ markets excessive leverage? ” Bitcoin (BTC) has breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets…
“# Bitcoin hits $50,000 a new historic milestone for BTC price ” Bitcoin (BTC) surged to new all-time highs on Feb. 16 following a week of bullish news including Tesla accepting BTC and MicroStrategy planning to raise another $600 million to buy Bitcoin. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price breaks historical record…
“# Bitcoin futures break $50K: Why BTC price is primed for another leg up ” The price of Bitcoin (BTC) surpassed $50,000 for the first time in history across major futures exchanges, including Binance Futures. However, on spot exchanges, like Coinbase and Binance, the price of Bitcoin rejected closely below $50,000. BTC/USD 1-hour candle chart…
“# Battle of the whales as $50K Bitcoin hinges on ‘Coinbase premium’ ” Bitcoin (BTC) has already hit $50,000 on some exchanges but needs to get whales on its side to flip it to definitive support, data suggests. In a tweet on Feb. 16, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted the…
“# Price analysis 2/15: BTC, ETH, ADA, XRP, DOT, BNB, LTC, BCH, LINK, XLM ” A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index, the difference in Bitcoin’s (BTC) price on…
“# $1.89 billion liquidated: Why did Bitcoin and ETH price correct sharply overnight? ” In the last 24 hours, $1.89 billion worth of futures positions were liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell below $46,000 on Binance. BTC/USDT 15-minute price chart (Binance). Source: TradingView.com Most of the liquidations came from Bitcoin and Ether,…