$60K meets whale sellers: 5 things to watch in Bitcoin this week
Inflows to exchanges spike as BTC/USD drops under $58,000 — what could happen next? Go to Source Powered by WPeMatico
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Inflows to exchanges spike as BTC/USD drops under $58,000 — what could happen next? Go to Source Powered by WPeMatico
Bitcoin’s annualized returns have eclipsed all other asset classes by a big margin. Go to Source Powered by WPeMatico
The increase in volume came as the price of Bitcoin rose to a new all-time high of more than $61,000 Saturday. Go to Source Powered by WPeMatico
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. Go to Source Powered by WPeMatico
Bitcoin sees weakening momentum as the U.S. dollar recovers and Treasury yields rise. Go to Source Powered by WPeMatico
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also … Read more
Bitcoin is slumping as the DXY breaks out and the U.S. stock market tanks. Go to Source Powered by WPeMatico
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the … Read more
Goldman Sachs’ Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks. Go to Source Powered by WPeMatico
The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Go to Source Powered by WPeMatico