Is Bitcoin a commodity? It is, according to most regulatory agencies including the CFTC. But is Bitcoin a store of value (SoV) commodity? That seems… Read More »Is Bitcoin Following S2F Model? How a $200K Top Could be in Sight
Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According… Read More »Bitcoin Miner Revenue Hits New All Time High Among Other Key Metrics: Potential Bull Case?
After weeks of gut-wrenching volatility, the start of April has been much kinder to Bitcoin. Following a record-breaking $6.4b options expiry, Bitcoin’s price action has… Read More »Bitcoin Miners Net Position Turns Positive: Is A Rally to New Highs Overdue?
Last week was suspenseful for Bitcoin. The cryptocurrency market was expecting a super-volatile period as about $6 billion worth of options neared their expiry. Many… Read More »Bitcoin Weekly Forecast: BTC/USD Does Not Want to Move Below $50,000
The past few weeks have been hard on crypto bulls, as Bitcoin and the broader crypto market continued to sell off. Since reaching an all-time-high… Read More »Bitcoin Bounces as $6.4B in Options Expire, Institutional Buying Slows Down: What’s Next?
Bitcoin price remains nearly 10% below recent highs, as the major cryptocurrency continues its slump after early last week’s sell off. Since hitting a new… Read More »Bitcoin Continues Its Slump: Indicators Point to Further Correction Ahead
There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses… Read More »Number of Addresses Holding Bitcoin Hits New All-Time High
On March 11th, Bitcoin reached $57k, just below its all-time high, after falling to a low of $43k in February. Today, the coin hit $62,000.… Read More »Bitcoin Just Below All Time High: Analysts Indicate Room To Grow
Earlier today, Bitcoin rose to its highest level since late February and regained its $1 trillion market cap. Recently, Bitcoin was unable to break key… Read More »Bitcoin Reclaims $1 Trillion Market Cap: What’s In Store?
The Crypto market rose on Monday as new macro factors and institutional interest weighed in. Cryptos Recover from Selloff Following last week’s sell-off, Bitcoin and… Read More »Cryptos Rally off Equity Markets and Institutional Interest
New Indicators Point to Bitcoin Sell-off Slow Down As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be… Read More »New Indicators Point to Bitcoin Sell-off Slowing Down
Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the… Read More »2 Key Reasons Why Analysts Expect a Strong Bitcoin Breakout Here
Bitcoin fell extremely hard over the weekend and into Monday after reaching $42,000 last week. The cryptocurrency’s drop came as the U.S. dollar index bounced… Read More »All Eyes on the U.S. Dollar as Bitcoin Attempts to Recover
Bitcoin faced an extremely steep correction on Sunday and Monday after last week’s surge to new all-time highs. The cryptocurrency fell as low as $30,000… Read More »On-Chain Analyst Explains What Caused Bitcoin to Plunge from $38k to $30k
Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges… Read More »Bitcoin Reclaims Key Support Level After Drop to $34,500
Bitcoin remains up over 100% in the past six weeks despite the ongoing correction. Many think that BTC will continue higher in the weeks ahead.… Read More »Bitcoin Market Is In Bubble Phase, Says Economist on CNBC
Bitcoin trades at $33,950 as of this article’s writing. The cryptocurrency traded above $34,000 just minutes ago and is attempting to consolidate around the current… Read More »Bitcoin Price Shoots to $34,000 Despite Saturday’s Drop to $30,000
Bitcoin moves past $23,500 for the first time ever after moving to $30,000 on new year’s day. BTC is now up by over 10% in… Read More »3 Key Reasons Why Bitcoin Price Just Exploded Past $32,000
Bitcoin has enjoyed an extremely strong rally over the past few months that has brought it from the $10,000 region to $29,000. Since the start… Read More »Winklevoss Twins Double Down on $500,000 Bitcoin Call
Bitcoin careened to another record high on Wednesday amid concerns about this year’s huge stimulus packages. The flagship cryptocurrency continued to attract capital from investors… Read More »Bitcoin Sets Eyes on $30,000 After Logging Another Record High