Terra (LUNA) has hit a new all-time high of $115.23The LUNA Foundation is determined to keep buying BitcoinTerra’s founder wants to increase LUNA’s Bitcoin reserves to $10 Billion and to be the single largest holder of Bitcoin after SatoshiLUNA and the purchases of the Foundation could ignite a Bitcoin and crypto-wide bull run The digital asset of Terra (LUNA) has hit a new … [Read more...] about Could LUNA Hitting a New ATH Ignite a BTC and Crypto Bull Run?
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Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
As 2022 draws closer, some cryptocurrency investment experts are now doubtful on whether Bitcoin (BTC) has enough time to hit $100,000 in 2021.Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the next three weeks and go all the way up to $100,000, according to Bitwise’s chief investment officer Matt Hougan.“$100,000 … [Read more...] about Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
Institutional investors load up ETH, with its share of AUM hitting a new record
Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of crypto investment products.According to CoinShares’ June 1 Digital Asset Fund Flows Weekly report, the past week saw significant institutional inflows of $74 million as investors sought to capitalize on the fall out from the … [Read more...] about Institutional investors load up ETH, with its share of AUM hitting a new record
Bitcoin set to close first ‘red’ April in 6 years as Ethereum keeps hitting all-time highs
Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ago.Data from monitoring resource Bybt shows that at -8.3%, April 2021 is Bitcoin’s worst April on record and the first since 2015 to make a loss.A Bitcoin April like few othersThe … [Read more...] about Bitcoin set to close first ‘red’ April in 6 years as Ethereum keeps hitting all-time highs
Bitcoin (BTC) has an 18.5% Chance of Hitting $100k by End of Year
In brief:Bitcoin has an 18.5% chance of hitting $100k by the end of 2021The quarterly and monthly close is hours away and could mean volatility for the next few hours$947M in trading positions have been liquidated in the last 24 hoursHowever, Bitcoin is on track towards closing the first quarter of 2021 with 100% in gainsBitcoin has an 18.5% chance of hitting $100,000 by the … [Read more...] about Bitcoin (BTC) has an 18.5% Chance of Hitting $100k by End of Year