Category: Bitcoin

High-profile pseudonymous trader Capo is laying out the path ahead for Bitcoin, Ethereum and two low-cap crypto assets as the entire market struggles to recover from a major correction. In a series of tweets this week, Capo attempts to sort out what is in store for Bitcoin and Ethereum holders. After its crash to just

Bitcoin miners in North America are teaming up with oil drillers to utilize excess natural gas and mine the leading crypto asset. Reuters reports that Bitcoin miners are sending mobile mining rigs on trailers out to oil drilling sites in North Dakota to harness the excess energy produced and efficiently convert it into crypto. Since

Nobel prize winning economist Paul Krugman says that Bitcoin is suffering from the same problem as gold, which is that people think of it as money, but it isn’t used as such. In an opinion piece published in the New York Times, Krugman caught the attention of the crypto industry with a lengthy criticism of

Bitcoin firebrand and MicroStrategy CEO Michael Saylor says that recent criticisms against Bitcoin, including increased government scrutiny and intense volatility, are non-issues. In a new interview with CNBC, Saylor addresses concerns that governments and agencies such as the Federal Reserve and the US Treasury Department are closely looking at BTC as the leading crypto asset

An analyst who continues to build his following with his timely on-chain signals is unveiling the group of investors who are buying the big Bitcoin correction. In the latest installment of The Pomp Letter, Will Clemente says that a significant portion of the BTC that was sold during Wednesday’s collapse that saw Bitcoin crash from

Coin Metrics co-founder Nic Carter says he’s happy that Chinese authorities are calling for a crackdown on Bitcoin mining. A new statement from Chinese Vice Premier Liu He and the State Council says the move is part of an effort to “resolutely prevent and control financial risks” in the country. “[We will] focus on reducing

A widely-followed analyst known for being the first to apply the stock-to-flow model (S2F) to Bitcoin is sharing his thoughts on the state of the BTC market after the leading cryptocurrency sharply fell from its all-time high. In a new interview with trader Scott Melker on The Wolf of All Streets, PlanB emphasizes he believes

Singapore’s largest bank, DBS, may favor Bitcoin over the US dollar as a store of value. The Chief Investment Office at DBS recently published a note to investors which makes a case for Bitcoin as a more effective store-of-value asset than US-based fiat. DBS argues that as global central banks continue to inject supplies of

A prominent trader and analyst who continues to build his following with his timely calls on crypto assets just flipped extremely bullish on blockchain network Cardano (ADA) following the latest marketwide correction. In a series of tweets, the pseudonymous trader known as Capo unveils his bullish outlook on Cardano, plus Bitcoin and three more altcoins.

Popular on-chain analyst Willy Woo is contemplating Bitcoin’s path ahead, as the flagship cryptocurrency struggles to surmount the $40,000 level. In an interview on the What Bitcoin Did podcast, Woo expresses confidence that Bitcoin has not entered a bear market quite yet, despite the asset’s plunge down from around $43,000 to just above $30,000 in