Category Archives: Bitcoin (BTC)

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Mike McGlone, a senior macro strategist for Bloomberg Intelligence, believes that Bitcoin, the leading cryptocurrency by market capitalization, has been vaulted to the world’s top macroeconomic indicator.  The analyst is convinced that the fate of risk assets could potentially hinge on the performance of the leading cryptocurrency.  During a recent appearance on Palisades Gold Radio, […]

Michael Saylor, an American businessman and well-known Bitcoin bull, published a new X post today. The CEO of MicroStrategy is known for his sometimes rational, sometimes weird, but always viral posts about the leading cryptocurrency, and today’s is no exception. Saylor captioned an AI-generated image of him holding a physical BTC with the words: “Everyone […]

Bitcoin (BTC) funding rates, i.e., the fees of crypto derivatives exchanges required to keep the balance between spot and futures prices, are shrinking. This might be a disturbing signal for Bitcoin (BTC) bulls, the CryptoQuant community author says. Bitcoin funding rates declined significantly: What does this mean? As Bitcoin (BTC), the largest cryptocurrency, was brutally […]

The U.S. government has been allowed to liquidate a total of 69,370 Bitcoins that were seized from the now-defunct Silk Road marketplace.  The claimants (Battle Born Investments Company, First 100, and 1st One Hundred Holdings) were attempting to pause enforcement of the judgment in this case.  They argued that it was necessary due to pursuing […]

Matthew Sigel, head of digital assets research at prominent investment firm VanEck, believes that Block (formerly Square) could be the first Bitcoin holder to make an appearance on the flagship S&P 500 stock market index.  There are several criteria that stocks have to fulfill in order to be eligible for inclusion. First of all, the […]

Jurrien Timmer, the director of global macro at Fidelity Investments, says that Bitcoin stole the show in 2024 its impressive rally that allowed the cryptocurrency to finally clear the $100,000 mark.  He also noted that gold’s stellar performance was “especially impressive” given that it is the most negatively correlated asset.  Timmer added that the markets ended […]

Cryptocurrency analytics firm CryptoQuant has opined that the potential selling pressure that will stem from the U.S. government’s possible sale of Silk Road-related Bitcoins would have a rather negligible impact on the market in the long term.  It pointed to the fact that the realized cap of Bitcoin, the metric that shows the value of all […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Bitcoin, the top cryptocurrency by market capitalization, recently secured 13 green hourly candles in a row, according to data provided by Vetle Lunde of K33 Research.  Notably, this is the longest streak of green hourly candles recorded by the flagship cryptocurrency since Jan. 1, 2017.  Blockstream CEO Adam Back believes that this could be time-weighted average […]