Category: Bitcoin

Earlier this week, Cointelegraph reported the importance of the upcoming $6.1 billion Bitcoin (BTC) options expiry on March 26. The article made clear that bulls were in control if one excluded the put (sell) options below $47,000, which is likely the case as BTC currently hovers above $50,000. As the expiry date draws closer, it’s

State-owned investment funds are reportedly making inquiries into buying Bitcoin (BTC). According to Robert Gutmann, CEO of New York Digital Investment Group, the firm has been having conversations with sovereign wealth funds about possible Bitcoin investments. Gutmann made this known while appearing at a virtual podcast with investment strategist and founder of Real Vision Raoul

Tennis pro Serena Williams is investing in Lolli, a rewards app that allows people to earn Bitcoin (BTC) when they shop online. The crypto startup says it raised $5 million in its pre-Series A funding round with Williams’s investment firm Serena Ventures and her husband Alexis Ohanian’s venture capital fund Seven Seven Six leading the

The biggest-ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin (BTC) options will expire across exchanges on Friday, with a majority of these options being on Deribit. This will be a record expiry in terms of the value and number of options — a total of 100,400 Bitcoin options

Goldman Sachs is gearing up to offer its clients exposure to an exchange-traded fund (ETF) that’s invested in the cryptocurrency industry. In a new filing with the U.S. Securities Exchange and Commission (SEC), the Wall Street giant says it intends to offer a note that’s tied to the performance of the ARK Innovation ETF, an

Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational was not even the least bit interested in dabbling in Bitcoin, stating that Tesla’s

Bitcoin (BTC) is showing tenacity above $50,000 on March 25. The 10% drop over the last 24 hours happened despite Tesla allowing customers to buy vehicles using BTC in addition to CEO Elon Musk affirming that it will not be converted to fiat currency. On March 22, the United States Federal Reserve chair, Jerome Powell, stated that

Bitcoin (BTC) fell to its lowest level since March 8 on Thursday as U.S. dollar strength added to selling pressure near $60,000. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC price saved from $40,000 zone Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD testing $50,000 for the first time since sealing the level as support

The pressure of trying to sell Bitcoin (BTC) at a price top is proving too much for some couples. A Reddit post revealed that a man’s wife left him after he refused to sell his Bitcoin holdings when the price hit $60,000, and instead loaded up on more BTC during the recent dip. In a

Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle.  Corrections are needed to generate strength for further upward momentum as markets can’t go up in a straight