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“# This year will produce gains some might call ‘shocking,’ Diginex CEO says ” Bitcoin (BTC) just recently broke through $35,000 as part of a tremendous price rally, in part the result of Bitcoin’s limited supply, according to Diginex CEO Richard Byworth. “Bitcoin is in the process of starting its post halving bull cycle,” Byworth…
“# 2 key Bitcoin price indicators show pro traders are waiting for $36K ” Bitcoin (BTC) recently reclaimed $35,000 but top traders at Huobi, OKEx, and Binance are not buying the breakout. Unlike the savvy institutional investors who may be desperate for protection against the debasement of fiat, the more crypto-focused investors seem to be…
“# Financial analyst agrees Bitcoin could be ‘rat poison,’ but not in the way you think ” Famous investor and Berkshire Hathaway CEO Warren Buffet called Bitcoin “probably rat poison squared” back in 2018. In his 2020 fourth-quarter market letter, financial analyst Bill Miller agreed with Buffett’s description of the asset — but not without his own…
“# Data says only 22% of Bitcoin supply left in circulation as BTC rally ‘far from done’ ” Bitcoin (BTC) investors are quickly storing most of the available coins away and they are not for sale, new data at the start of 2021 reveals. Statistics from on-chain analytics resource Glassnode originally released on Dec. 29,…
“# What’s next for Bitcoin price after $35K? Bulls and bears speak out ” Bitcoin price reached a new all-time high at $35,776 on Binance on Jan. 6. Following the explosive overnight uptrend of Bitcoin (BTC), on-chain analysts are generally optimistic about the short-term trajectory. While many agree that the rally is beginning to show…
“# Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars ” Bitcoin (BTC) is continuing to rise to new heights above $35,000 on Jan. 6 as U.S. buyers on Coinbase further drive up the price. But the BTC futures market’s funding rate is also surging alongside futures open interest. The combination of a high…
“# As BTC price gets close to $36K, Bitcoin network hash rate hits new high ” The Bitcoin (BTC) price is not the only metric seeing record numbers as the network hash rate has set a new all-time high. According to data from Blockchain.com, the estimated seven-day average Bitcoin hash rate is now at about…
“# One Bitcoin at $34K now buys one Tesla after Elon Musk has a Dogecoin Christmas ” Bitcoin (BTC) hodlers can now all own a Tesla electric car — as long as they have at least 1 BTC in their wallet. As BTC/USD crossed $34,000 at the weekend and went on to hit $35,600 on…
“# Bitcoin shatters $35K with fresh ATH ” Bitcoin is continuing to set new price records, breaking above $35,000 for the first time ever on Jan. 5. After setting its past record of roughly $34,800 on Jan. 3, BTC posted a fast retracement down to $28,000 the following day. However, the crash was short-lived, with…
“# Bitpay’s CCO says Bitcoin could hit $45K in a month, but there’s a catch ” An increasing number of mainstream giants have put their money into Bitcoin in recent months. While some speculate that these firms intend to hold their Bitcoin investments for years, Bitpay’s chief commercial officer isn’t so sure. He thinks that…