Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s […]
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Can’t Kill Bitcoin CC: We’ve heard a lot of talk about Bitcoin being officially dead. You obviously disagree. What’s your response? Beautyon: This is FUD (fear, uncertainty and doubt) or “scaremongering.” Japan has just formally legalized Bitcoin, and Hong Kong has explicitly said they will not regulate, with their “hands off” approach. Other countries will […]
Bitcoin (BTC) has had an erratic trading session over the past 24 hours, as bulls and bears battle for dominance. At the moment, bears appear to be in control following the sharp 6% correction that befell Bitcoin recently. Bulls began the week on a steady footing following several favorable fundamental factors that sparked optimism among […]
Key HighlightsBitcoin retraced to $54,000 support levelThe king coin is fluctuating between $55,000 and $60,000 Bitcoin (BTC) Current StatisticsThe current price: $55,403.68Market Capitalization: $1,162,515,939,065Trading Volume: $58,477,329,032Major supply zones: $60,000, $62,000, $64,000Major demand zones: $50,000, $48,000, $46,000 Bitcoin (BTC) Price Analysis March 16, 2021 Bitcoin price is retracing after rejection from the $62,000 resistance zone. Today, […]
Key HighlightsBitcoin rallied to $61,693 highThe king coin is now consolidating above $60,000 support Bitcoin (BTC) Current StatisticsThe current price: $59,762.93Market Capitalization: $1,255,380,332,083Trading Volume: $48,920,232,234Major supply zones: $60,000 $62,000, $64,000Major demand zones: $40,000 $38,000 $36,000 Bitcoin (BTC) Price Analysis March 14, 2021 Yesterday, the BTC price broke the $58,000 high as the market reached a […]
The Next “Buzz Word” AltcoinsLast month, the Bloomberg Galaxy Crypto Index was at 1414.37, following a low of 217.82 in early March. BTC had made a new high yesterday at $51,630.86. Today (February 17) and the index was at 2,295.61. That’s a huge gain for one month. Let me put this into perspective. In late […]
After breaking with the mid term bullish structure we retraced back 61.8% of last week’s range and printed a new fresh higher low.Price is trading inside of a bullish flag and a break of the flag could catapult price to retest the structure highs at around the 37750 level which confluences with the 1.618% […]
Grayscale recorded its best year in 2020 yet with massive allocations, mostly from institutional investors, despite the dramatic events that plagued that year. The cryptocurrency investment fund posted record-breaking numbers in the first three quarters of 2020 and profoundly better reports in Q4. The firm reported that the total investments in the last three months […]
