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“# Bitcoin price peak in December 2021 as ‘main bull run’ begins — Willy Woo ” Bitcoin (BTC) is at the start of its next “main bull run” and the price peak won’t hit until the end of 2021, well-known analyst Willy Woo believes. In one of many recent Twitter discussions on Nov. 11, the…
“# Pakistan’s securities regulator mulls new legal framework for crypto ” Pakistan’s government is working on a framework for regulating cryptocurrencies like Bitcoin (BTC). The Securities and Exchange Commission of Pakistan, or SECP, has published a consultation paper on regulating digital assets. Issued on Nov. 6, the paper outlines major concepts for the growing digital…
“# Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power ” The Nasdaq-listed Bitcoin (BTC) mining company Bit Digital has announced it will issue $13.9 million in shares in exchange for mining hardware. According to a Nov. 11 announcement, Bit Digital has inked asset-purchase agreements with non-U.S. investors to issue 4,344,711…
“# 100 billion reasons Apple should get behind Bitcoin: Michael Saylor ” Apple should invest a portion of its massive cash reserves in Bitcoin, Toroso Investments’ portfolio manager Dan Weiskopf posted earlier today on the ETF Think Tank website. The site’s lead ETF strategist’s call follows in the footsteps of MicroStrategy CEO Michael Saylor and…
“# ‘Slippery slope’ as new Bitcoin mining pool censors transactions ” Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among other verified sources, such as the United States…
“# Here’s why bulls aren’t bothered by Friday’s $525M Bitcoin options expiry ” 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 unusual activity as most volume goes…
“# Price analysis 11/11: BTC, ETH, XRP, LINK, BCH, BNB, DOT, LTC, ADA, BSV ” Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control. <p>Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the…
“# Bitcoin monthly candle close signals possible mega rally in December ” Historically, when a Bitcoin monthly candle closes above previous candles the digital asset has seen a prolonged rally. Atop this high time frame pattern, Bitcoin’s monthly candle in September closed above $13,000 for the first time since 2017. Furthermore, the dominant cryptocurrency has…
“# Bitcoin burgernomics: This is how many Big Macs you can buy with 1 BTC ” Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation. The global Bitcoin purchasing power index, or PPI, which measures how…
“# Simple in practice: Crypto education is key to curbing phishing scams ” As the global crypto economy continues to prosper, with Bitcoin (BTC) currently occupying the $15,500 region, questions regarding the overall safety and security of digital assets continue to persist, especially in the wake of a new scam whereby hackers made use of…