Speculation about the duration of the current run is endless, with Bitcoin now a stable news item even in the mainstream press. But what’s keeping the BTC price up? Is it simply the relentless slew of good news, or are there on-chain indicators that can predict future price moves? Since retesting the $50,000 barrier in early March, the price of Bitcoin (BTC) has held pretty … [Read more...] about When will Bitcoin price rally end? Here is what’s backing the BTC bull run
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Bitcoin to close April above $90K? When & where this bull wave will top
The cryptocurrency markets experienced a monumental green wave this week. Bitcoin and Ether calmly made new all-time highs on the back of Coinbase’s direct listing and the Berlin hard fork. Meanwhile, meme-cryptocurrency Dogecoin blasted off to more than 400% gains, briefly claiming a spot as a top 5 cryptocurrency by market capitalization. Despite the media hype and market … [Read more...] about Bitcoin to close April above $90K? When & where this bull wave will top
Bitcoin Whales Sold 50k BTC Worth $3B in the Last 5 Days
Bitcoin whales have sold roughly 50k BTC in the last 5 daysThis amount translates to roughly $3 billionThe Bitcoin whales include those holding 100 – 10,000 BTCBitcoin has entered what looks like a brief bearish window with $60k continuing to holdA breakdown of $60k could lead to accelerated of selling, and lower levels of supportBitcoin whales holding 100 to 10,000 BTC have … [Read more...] about Bitcoin Whales Sold 50k BTC Worth $3B in the Last 5 Days
Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin (BTC) investments.According to a Citigroup Inc. report, Bitcoin is consuming 66 times more electricity than it did in 2015. It added that the carbon emissions associated with mining will likely face increasing scrutiny, … [Read more...] about Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
You can already invest in hundreds of ETFs with exposure to Bitcoin
Numerous United States exchange-traded funds are loading up on shares in the world’s top crypto firms.According to ETF.com, hundreds of funds have invested in publicly listed companies that are holding Bitcoin (BTC) on their balance sheets. As of this writing, 88 ETFs hold MicroStrategy shares, while 144 ETFs hold Square, and 222 ETFs hold Tesla. Sixteen ETFs have direct … [Read more...] about You can already invest in hundreds of ETFs with exposure to Bitcoin