Bitcoin very clearly set a new floor at $100K, indicating that the market is moving in a new direction. Some analysts are already treating this level as the final bottom for the cryptocurrency, hinting that a new floor has been formed.That $100k level, once a point of resistance, has quickly...
Long term holders continue to stack Bitcoin at record pace increasing the sell side pressure on Bitcoin’s circulating supply. This is happening more quickly than new coins are being created. To date, 17% of all Bitcoin is deemed illiquid, and that number will grow to more than 25% in the...
Bitcoin got battered, crashing to $103,500. Traders were reducing their risk tolerance ahead of the Federal Open Market Committee’s (FOMC) meeting announcement. The decision came in the context of rising geopolitical tensions, especially with the Israel-Iran conflict. This positive disposition contributed to risk-off sentiment across the entire market.Bitcoin’s price action...
Michael Saylor, co-founder of software giant MicroStrategy, has given early warning of an imminent Bitcoin buy by the firm. The announcement comes as global financial markets prepare for unprecedented chaos following the invasion of Israel by Iran and its proxies.Saylor's hint, delivered via a Bitcoin chart posted on Monday, suggests...
Bitcoin’s long-term value as a strategic asset has been further cemented with its price now towards $105,000. More and more the people I talk to view cryptocurrency as a necessary element of their overall portfolio strategy. It’s a hedge against inflation and personal financial sovereignty. This change in perception is...
Bitcoin, the first and most well-known decentralized cryptocurrency of the world, is currently under a significant threat posed by the fast-paced development of quantum computing. The truth is, Bitcoin has survived quite a lot over its 16 years existence, including hacking attempts. According to experts, if we don’t take steps...
As you may have seen on Friday, Bitcoin had a massive crash. It very briefly dropped to $102,650 on Binance when news hit that Israel had launched airstrikes against Iran. Looking back at history shows that this drop could be another great buying opportunity for long-term investors. BTC proved resistant...
Bitcoin is signaling defiantly optimistic signs of a breakout ahead, potentially towards new record highs. Positive economic indicators coupled with heightened institutional interest is propelling this momentum. The cryptocurrency recently broke out of a flag pattern, signaling a continuation of its upward trend that began in early April. Institutional investors...
As of last Wednesday, Bitcoin has reclaimed the $100,000 barrier, a price point it hadn’t surpassed since the first week of February. That spike on Thursday proved to be the beginning of an impressive recovery from several weeks of losses that had been spurred by economic concerns. Its sudden rebound...
Now, institutional investors are increasing their exposure to Bitcoin (BTC) through the use of corporate treasuries. This practice, promoted widely by Michael Saylor and his company Strategy, previously known as MicroStrategy, is all the rage. This indirect investment route provides institutions a way to access the potential of BTC without...
