Mike McGlone, Bloomberg Intelligence Commodity Strategist, has taken to Twitter to indicate four causes behind the optimism of Bitcoiners. Increasing adoption vs. declining supply Mr. McGlone shared three graphs: the dynamics of Bitcoin’s (BTC) average annual price, Bitcoin’s Liquid Index (1Q timeframe) and the ratio between the Bitcoin price’s 260-day volatility and the same indicator for […]
Category Archives: Coins
30
Jan
Jan
The Bitcoin Fear & Greed Index, an indicator utilized to display whether social media users are, on the whole, optimistic or pessimistic about the short-term dynamics of the crypto king, shows signs of recovering. Fear & Greed Index recovers from seven-week bottom According to data shared by the Alternative.me web portal, the Bitcoin “Fear & Greed” Index started recovering after losing […]
30
Jan
Jan
The Bitcoin Fear & Greed Index, an indicator utilized to display whether social media users are, on the whole, optimistic or pessimistic about the short-term dynamics of the crypto king, shows signs of recovering. Fear & Greed Index recovers from seven-week bottom According to data shared by the Alternative.me web portal, the Bitcoin “Fear & Greed” Index started recovering after losing […]
30
Jan
Jan
Bitcoin, the number one cryptocurrency by market capitalization, touched the pivotal $60,000 level once again at 5:02 p.m. UTC on the Bitstamp exchange. Image by tradingview.com Bulls, however, are struggling to gain footing above the aforementioned price point, with Bitcoin slightly retracing to $59,785. Earlier this week, the crypto king plunged to as low as $55,567, […]
30
Jan
Jan
Bitcoin, the number one cryptocurrency by market capitalization, touched the pivotal $60,000 level once again at 5:02 p.m. UTC on the Bitstamp exchange. Image by tradingview.com Bulls, however, are struggling to gain footing above the aforementioned price point, with Bitcoin slightly retracing to $59,785. Earlier this week, the crypto king plunged to as low as $55,567, […]
30
Jan
Jan
Odell Beckham is the latest National Football League (NFL) star to jump on the Bitcoin bandwagon. It’s a NEW ERA & to kick that off I’m hyped to announce that I’m taking my new salary in bitcoin thanks to @CashApp. To ALL MY FANS out there, no matter where u r: THANK YOU! I’m […]
30
Jan
Jan
Odell Beckham is the latest National Football League (NFL) star to jump on the Bitcoin bandwagon. It’s a NEW ERA & to kick that off I’m hyped to announce that I’m taking my new salary in bitcoin thanks to @CashApp. To ALL MY FANS out there, no matter where u r: THANK YOU! I’m […]
30
Jan
Jan
Cover image via stock.adobe.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 […]
30
Jan
Jan
Cover image via stock.adobe.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 (BTC)
El Salvador Plans to Release Bitcoin Bonds, Drops Dollar-Denominated Bonds to All-Time Low
30
Jan
Jan
The country’s commitment to Bitcoin and blockchain technology in the financial system might be hard for investors with a more traditional approach to investing. The nation’s USD-backed bonds saw a new all-time low after El Salvador’s president revealed plans for Bitcoin-backed bonds, Bloomberg reports. El Salvador’s USD notes with due dates in 2050 fell to 64.4—a new all-time low. […]