Category: Bitcoin

Crypto data aggregator CoinMetrics has compiled a list of 100 insights into the recent performance of the digital asset markets — and the figures add up to a very bullish picture for the ecosystem.  Released to celebrate the 100th issue of its State of the Network report, the list notes that a $100 investment made

Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin. On April 28, Nexon announced it had purchased 1,717 BTC for roughly $100 million at an average price of $58,226 each after fees. The firm noted the investment represents less than 2% of its “total cash and

Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low. The last time this signal was seen was in March 2020 when

MicroStrategy CEO Michael Saylor believes that Bitcoin ownership among US citizens is about to skyrocket to new heights over the next eight months. In a Bitcoin vs. gold debate with mining magnate Frank Giustra, Saylor says that over 50% of voters in the United States will own the world’s leading cryptocurrency before the end of

Bitcoin (BTC) is riding high on the back of a “very low and healthy” indicator, according to one market analyst, which could propel it to a key resistance level at $58,000. In a tweet on April 27, analyst Lex Moskovski noted that futures funding rates are suggesting this week’s BTC price run has been completely

Macro guru Raoul Pal notes Bitcoin (BTC) is flashing the same bullish signal as it was before some of its big price explosions in the boom cycle of 2017. The former Goldman Sachs executive tells his 467,500 Twitter followers that Bitcoin’s relative strength index (RSI), is hovering at similar levels to what it displayed in

No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021. According to a report by financial market data provider FactSet on Monday, the figure represents the highest number of companies to do so in the last decade. Earlier in April, the United States Bureau of Labor Statistics released

New York cryptocurrency exchange Gemini today announced the pending release of the Gemini Credit Card, which will allow cryptocurrency holders to spend crypto and receive cashback rewards in the form of Bitcoin (BTC), or any other cryptocurrency available on the Gemini platform. The credit card will be released in conjunction with Mastercard, and will be

Bitcoin (BTC) is still on course to hit $100,000 this year and its recent dip is “unchanged price action.” That was the conclusion of one of the industry’s best-known investors as BTC/USD recovered from its trip to near $46,000. Tapiero eyes “very rare buy signal” for Bitcoin… In a tweet on April 27, Dan Tapiero,

Iran is continuing to explore the potential use of cryptocurrency as a tool for mitigating the devastating impact of economic sanctions imposed by the United States.  According to a report from the English-language Iranian economic news source Financial Tribune, the Central Bank of Iran, or CBI, is authorizing banks and licensed forex shops to use