Category: Bitcoin

Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price hits 2-week highs Data from Cointelegraph Markets and Tradingview showed BTC/USD hitting local highs of $54,500 on Tuesday. The latest attempt to break out of its sideways trading

On-chain crypto analytics firm Glassnode has reported significant on-chain support was found for BTC at the roughly $47,000 level, describing the event as the largest on-chain support identified since Bitcoin broke above $11,000 in late 2020. According to a March 8 report from Glassnode, approximately 1.2 million Bitcoin were moved on-chain as BTC’s price traded

The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region. An announcement states the fund launched in response to a growing demand for institutional crypto products in Southeast Asia. The fund leverages an Artificial Intelligence (AI) powered blockchain-based platform provided

Macroeconomics guru and Real Vision co-founder Raoul Pal believes that the market cap of Bitcoin and crypto can soar at least 100x from its current valuation of about $1.7 trillion. In a new tweetstorm, former Goldman Sachs manager tells his 419,800 followers that many traditional investors fail to see the potential of the crypto markets

Bitcoin (BTC) price might have re-established $50,000 as a support, but the optimism of professional traders is nowhere near the levels seen before the 26% drop to $43,000 on Feb. 28.  The current scenario is far from bearish, but derivatives indicators do not reflect the substantial purchases from institutional clients, including Microstrategy, Meitu, and most

Bitcoin and altcoins are picking up momentum as bulls attempt to secure a daily close above the $52,000 level.

The economic recession of 2008 to 2009 resulted in the invention of Bitcoin (BTC), creating a brand new financial system that is now growing and developing rapidly. Back then, the Harvard Business Review published an article titled “The Female Economy” pointing out that about $20 trillion of the annual consumer spending in the world was

Financial advisor and podcast host Suze Orman is unveiling the reasons why she loves Bitcoin.  In a new Yahoo! Finance interview, the financial guru says she views Bitcoin as a store-of-value asset. “I like the universality of it. I like that it’s just there and the corporations that are investing in it. I do not

Right-wing commentator Ben Shapiro says he believes more and more people will be drawn into Bitcoin as the leading cryptocurrency offers safety and security amid the global devaluation of fiat currencies. In a new video, Shapiro explains to his 2.86 million YouTube subscribers why new assets like cryptocurrencies need big-name personalities in order to grow.

A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone, a senior commodity strategist at Bloomberg. McGlone tweeted Monday that the battle between the safe havens is beginning to favor Bitcoin,