Category: Bitcoin

Bitcoin trader and analyst Willy Woo says a growing Bitcoin supply crisis will launch the asset towards a multi-trillion dollar evaluation. In a new interview on Real Vision, Woo explains that by following the movement of Bitcoin into and out of exchanges, it is clear that BTC supplies are drying up. The analyst expects the

It’s been a heady few weeks for commerce and art. Surely a revolution is afoot and we’re too mired in the hot mess to see it right. With that proviso, here are two notes from the front lines. NFTs are cutting-edge, digital art ain’t Some folks say the non-fungible token (NFT) that allows a digital

Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update on April 2, filbfilb, co-founder of trading suite Decentrader, said that he now expects upside to take over on BTC/USD. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC “threatening a

The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in the nation’s digital yuan project. The digital yuan is China’s central bank digital currency, and like all CBDCs its foundational principles are completely antithetical to

Former US Securities and Exchange Commission Chair Jay Clayton has stated that Bitcoin has not been classified as a security for a long time. But speaking on CNBC’s Squawk Box on March 31, Clayton warned that its status as a non-security still does not protect it from the imposition of new regulations which, he warned,

For the first time, shares in Grayscale’s Bitcoin Trust traded at a discount compared to spot BTC for an entire month. Rafael Schultze-Kraft, the CTO of on-chain analytics provider Glassnode, shared the observation to Twitter on April 1, noting shares in the institutional fund manager’s Bitcoin Trust had traded at a notional discount of -6%

Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on Huobi, OKEx and Gate on Thursday. These three exchanges have a predominantly Chinese user base and represent a large part of the Tier One trading volume for major pairs. On Thursday afternoon, Huobi trading volumes

Crypto influencer and trader Lark Davis says Bitcoin is set to rise, but altcoins will outpace the king coin’s growth in the coming months. In a new video, Davis takes to the Bitcoin chart to explain why he’s short-term bullish on BTC. Davis highlights that Bitcoin is on the verge of crossing the MACD (moving

United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again the rapid uptake of digital assets by major investment firms.  In a March 31 filing with the U.S. Securities and Exchange Commission, or SEC, Morgan Stanley

Crypto trader Ben Armstrong says that the price of Bitcoin (BTC) will soon break out to the six-digit zone. The host of BitBoy Crypto tells his 733,000 YouTube subscribers that he’s tracking derivatives traders, who are now reportedly betting on $100,000 and $300,000 Bitcoin call options, with 6,700 contracts worth $385 million to date. “Think