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“# Investors are back into Bitcoin but DEXs are still the future of crypto ” Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass…
“# 3 reasons why Bitcoin price abruptly dropped 6% after reaching $15,800 ” The price of Bitcoin (BTC) rose to as high as $15,840 before crashing to $14,800. Just five hours after reaching an intraday top, the dominant cryptocurrency dropped over 6%. This massive spike in volatility was likely caused by three major factors. The…
“# Why a 30% Bitcoin price crash should not catch you off-guard right now ” The Bitcoin (BTC) price rally halted the moment Joe Biden was announced as the projected winner of the 2020 presidential election during the weekend with price dropping from $15,500 to $14,400. However, Bitcoin is still continuously showing strength as it’s…
“# Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests ” Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream investors have been largely on the…
“# S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021 ” PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its way to hit $100,000. The pseudonymous analyst expects the dominant cryptocurrency to achieve the $100,000 to $288,000 range by December 2021. Bitcoin…
“# BTC supply squeeze and Biden: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month presidential transition. After Joe Biden was declared the projected winner of the U.S. presidential elections during the weekend, Bitcoin fell,…
“# As US election dust settles, crypto traders and analysts eye new administration ” While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out of…
“# 3 factors to consider before trading crypto perpetual futures contracts ” As tempting as it can be to buy altcoins using perpetual futures, there are a few hidden traps that one should monitor closely. Over the past few years, numerous exchanges began to offer altcoin futures quoted in Tether (USDT) and stablecoin pairs, which…
“# Bitcoin at $15K is now bigger than PayPal, Coca-Cola, Netflix, Disney ” In early September of this year, the market capitalization of Bitcoin (BTC) was hovering at around $190 billion when the BTC price was hovering around $10,000. In the past two months, however, the price of Bitcoin rose from to over $15,000. With…
“# 4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000 ” After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000. Analysts have pinpointed lower Bitcoin exchange reserves, unmoved supply,…