Bitcoin could be on track to revisit the $50,000 level despite recording its third-biggest monthly drop in its entire history, according to Wall Street research firm Fundstrat. The flagship cryptocurrency is in the middle of forming the inverse head and shoulders bottom pattern. Image by @zGuz Fundstrat’s Tom Lee says that the fact that Bitcoin […]
Category Archives: Bitcoin (BTC)
The latest Bitcoin news
On this page, you can find out about the latest Bitcoin news and check market trends and quotes
Bitcoin could be on track to revisit the $50,000 level despite recording its third-biggest monthly drop in its entire history, according to Wall Street research firm Fundstrat. The flagship cryptocurrency is in the middle of forming the inverse head and shoulders bottom pattern. Image by @zGuz Fundstrat’s Tom Lee says that the fact that Bitcoin […]
Following the recent news of Elon Musk calling a bath heated with Dogecoin a “great idea,” a prominent Twitter user, “Documenting Bitcoin,” has tagged the Tesla CEO to show him a bathtub heated by Bitcoin mining. Unlike the idea with DOGE, the Bitcoin mining-heated tub was actually working. Musk simply tweeted “nice” in response. A use […]
Following the recent news of Elon Musk calling a bath heated with Dogecoin a “great idea,” a prominent Twitter user, “Documenting Bitcoin,” has tagged the Tesla CEO to show him a bathtub heated by Bitcoin mining. Unlike the idea with DOGE, the Bitcoin mining-heated tub was actually working. Musk simply tweeted “nice” in response. A use […]
Recent data provided by Glassnode shows that Bitcoin short-term holders have been dumping their BTC at a loss over the past two weeks. The STH-SOPR indicator on a Glassnode chart has dropped below one. This metric deals with spent outputs that are younger than 155 days, so this is a valid indicator to analyze patterns […]
Recent data provided by Glassnode shows that Bitcoin short-term holders have been dumping their BTC at a loss over the past two weeks. The STH-SOPR indicator on a Glassnode chart has dropped below one. This metric deals with spent outputs that are younger than 155 days, so this is a valid indicator to analyze patterns […]
Jeff Currie, global head of commodities research at Goldman Sachs, has rejected the idea that Bitcoin is replacing gold in a recent interview with CNBC International: The digital currencies…they are not substitutes to gold. If anything, they would be a substitute to copper…They are pro-risk, risk-on assets. Currie argues that Bitcoin is “definitely” a risk-on asset based […]
Jeff Currie, global head of commodities research at Goldman Sachs, has rejected the idea that Bitcoin is replacing gold in a recent interview with CNBC International: The digital currencies…they are not substitutes to gold. If anything, they would be a substitute to copper…They are pro-risk, risk-on assets. Currie argues that Bitcoin is “definitely” a risk-on asset based […]
In its June research note, James Thorne, chief marketing strategist at Canadian wealth advisory company Wellington-Altus Private Wealth, compares Bitcoin’s ability to disrupt the status quo to the red pill from “The Matrix” franchise. While the first cryptocurrency appeared only 12 years ago, Thorne claims it is the culmination of a decade-long evolutionary process: This […]
In its June research note, James Thorne, chief marketing strategist at Canadian wealth advisory company Wellington-Altus Private Wealth, compares Bitcoin’s ability to disrupt the status quo to the red pill from “The Matrix” franchise. While the first cryptocurrency appeared only 12 years ago, Thorne claims it is the culmination of a decade-long evolutionary process: This […]