At 17:24 UTC on Saturday (March 6), U.S. Senate Majority Leader Chuck Schumer announced that Senate Democrats had just managed to get passed a $1.9 trillion COVID-19 relief bill (“American Rescue …
MoreCategory: Bitcoin
Goldman Sachs Survey: 34% Believe Bitcoin Will Reach $100K Next Year
A crypto-oriented survey compiled by the US multinational investment giant, Goldman Sachs, revealed that the general sentiment on bitcoin and other digital assets is primarily bullish. Nearly half of respondents, …
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Bitcoin is tens of thousands away from “overbought” territory
Bitcoin might gain further in value before hitting the overbought territory. A study dubbed “Staying Ahead of the Curve” released by the cryptocurrency exchange Kraken shows that the gains might come before the …
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Why institutional investors are not worried about Bitcoin price
Bitcoin has been on a virtually unstoppable rally since October 2020, with the cryptocurrency touching an all-time high of over $58,000 a few weeks ago. At press time, however, the …
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Most of the New Bitcoin Buyers Didn’t Panic Sell in 2021
Which team are you, Weak Hanks or Diamond Hands? Glassnode found that most of the Bitcoin buyers in 2021 hodled their coins during the correction. The morale among bitcoin hodlers …
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Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours
Bitcoin has added $3,000 since yesterday’s low and has overtaken $50k. Ethereum’s 6% increase has driven ETH to nearly $1,700. After flirting with the coveted $50,000 price tag, BTC has …
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MicroStrategy Rejects Market Uncertainty And Buys Another Bitcoin Dip
MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. As announced by CEO Michael Saylor, the company purchased …
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These Bitcoin whales are on a buying spree. Why?
Bitcoin’s biggest holders, those who HODL more than 1000 Bitcoins in their wallets, are increasing in number, and so is the volume of the Bitcoin they are HODLing. More than …
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12,000 BTC Acquired at $46,686 at Coinbase as Institutions Keep Accumulating Bitcoin
According to a recent tweet published by the CEO of the CryptoQuant analytics service, Ki Young Ju, institutional investors continue to acquire Bitcoin while the correction is dominating the market and Bitcoin …
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Ethereum or Bitcoin? Where the future of DeFi belongs
Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the …
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