CME’s Bitcoin (BTC) futures, Initiated in late 2017, helps institutional investors trade the benchmark cryptocurrency on a more regulated platform. However, this regulation comes with some time constraints, requiring that the platform be closed on weekends and during public holidays. However, Bitcoin is a free market asset that trades 24/7 and is operational even on […]
Bitcoin (BTC) has extended its aggressive bull run into the Holiday season. Since December 24, the benchmark cryptocurrency has recorded a new all-time high daily. After obliterating the $25k and $26k resistance two days ago, the primary cryptocurrency has now tested the $28k resistance. The crucial question in the cryptocurrency community is if BTC will […]
As the world took the day to celebrate Christmas, Bitcoin (BTC) has launched its private celebration in a way. The benchmark cryptocurrency has commemorated the day by recording a new all-time high around $24,663, etching closer to $25k. Some days ago, BTC’s prospects got dampened, following an SEC lawsuit on Ripple (XRP). The suit asserted […]
According to Kim-Young Ju, an on-chain analyst, traders loading up on shorts for Bitcoin’s (BTC) current bull run are in for a huge shock. The Chief Executive Officer of CryptoQuant, a data analytics company, asserted via a tweet that traders had no reason for placing short-bets against a potential fall in Bitcoin. He explained that […]
After a multi-year bear run, Bitcoin (BTC) has finally shut the naysayers by clearing its previous all-time high at $20k and has recorded a fresh record high at $24,300 by December 2020. From the third halving event in May to dramatically dovish global economic monetary policies to combat the COVID-19-induced economic crisis, there have been […]
The CTO of Glassnode, Rafael Schultze-Kraft, has highlighted several Bitcoin (BTC) statistics, metrics, and recent developments that indicate an ongoing supply and liquidity crisis in the cryptocurrency. He pointed out that the well-known maximum supply of Bitcoin, which stands at 21 million, is smaller than popularly believed. He noted that about 3 million Bitcoins (16%of […]
While many financial assets have recorded in 2020 as a bad year, Bitcoin (BTC) has had a remarkable run and has grown by more than 220% on a year-to-date basis. Q4 2020 has turned out to be the most favorable for the benchmark cryptocurrency, as it has doubled its value since October and has recorded […]
Following a highly volatile week that ushered in a new era of the $20k level and a new all-time high around $24k, Bitcoin (BTC) fell into a slight consolation. However, the consolidation phase was rudely disrupted by a fresh leg up yesterday, which helped the cryptocurrency break the $24k barrier and record a new ATH […]
Since its creation, Bitcoin (BTC) has gotten compared to gold (XAU) because of some similarities, like limited supply. Although Bitcoin has struggled to live up to that comparison in the past, it has done tremendously well to bridge the gap as corporate investors adopt the benchmark cryptocurrency. Meanwhile, many institutions have gone as far as […]
