Bitcoin has dropped well beneath the $100,000 floor … a level of mental significance for traders. The drop came during a rising wave of geopolitical instability in the Middle East, now triggered by the latest round of U.S. airstrikes inside Iran itself. The situation was exacerbated by the broader crypto...
Although Bitcoin may be a relatively new asset class, its volatility was in full display this weekend. It blasted past $101,000 after recovering from overnight losses that had stemmed from increasing conflict in the Middle East. The cryptocurrency recovered late Sunday. Once the market’s immediate shocked reaction to these events...
Bitcoin has been hit hard over the weekend, dropping below the $99,000 threshold to its lowest price since late last month. Making matters worse, the dip landed right when tensions in the Middle East flared dangerously. This along with inflation fears coming back into play caused a massive selloff across...
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...
We've seen it before, haven't we? Whenever Bitcoin takes a dive, the internet explodes with a chorus of “I told you so’s” and wild, desperate prophecies of doom. So, enough with the scare tactics — let’s step back and appreciate the overall success story here. This isn't the end; it's...
Michael Saylor, the chairman and co-founder of MicroStrategy, is in the news once more. His firm is all guns blazing, doubling down as we speak on bitcoin hoarding. MicroStrategy’s move was provocative as geopolitical tensions grew between Israel and Iran. The second surprise came when it revealed plans to make...
Fifty billion dollars. That’s the sound of institutional players beginning to realize Bitcoin. GameStop, yes, that GameStop, isn't just selling video games anymore. They're playing a whole new level. They're holding hundreds of millions in Bitcoin. And it's not just them. Strategy, previously known as MicroStrategy, is one of the...
The crypto market is no stranger to volatility, but recent momentum points to the right crypto investments that could double your money now. BlockTraderHub.com has brought you this exclusive article to provide you with a clear, comprehensive picture of price predictions for the top cryptocurrencies. Get ready to learn about...
Ethereum (ETH) has started to pick up real overarching upward momentum here, sitting at roughly $2800. More traders are employing bearish options strategies. Yet, further inspection into technical metrics, investor sentiment, and options positioning suggests these funds’ bearish wagers are misdirected. BlockTraderHub.com will do our best to break down what’s...
We've all heard it: Bitcoin is digital gold. A safe haven. A store of value. The mantra has been parroted ad nauseam by political consultants, campaign operatives, and pundits from every stripe. I’m here to tell you that this narrative really suits us, the academy. In practice, it does the...
