Category: Bitcoin

Ralph Hamers, CEO of Swiss bank UBS, has said he does not fear missing out on crypto. Speaking to Bloomberg on Tuesday, Hamers said, “Clients are looking at different alternatives, and they hear about crypto, and there is a bit of a fear of missing out as well. They read it in the papers, but

As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates.  The model was popularized by the Twitter pseudonym more than two years ago in March 2019

Bitcoin (BTC) prices broke below a long-standing support wave that was instrumental in keeping its strong bullish bias intact after March 2020’s crypto market crash. Dubbed the 50-week simple moving average, or 50-week SMA, the wave represents the average price traders have paid for Bitcoin over the past 50 weeks. Over the years, and in

Over a thousand Bitcoin mining machines have been steamrolled in Malaysia amid allegations that the owners used stolen electricity to power their rigs. According to a report by local publication The Star, Malaysian authorities confiscated 1,069 Bitcoin mining rigs and used a steamroller to destroy the machines at a police station in the city of

The European Commission has submitted a new proposal which would require crypto-asset service providers to collect additional anti-money laundering, or AML, information from users who utilize cryptocurrency for money transfers. The stated purpose of this proposal is to prevent the further propagation of money laundering activity within the EU. Under this proposal, service providers conducting

A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency’s move downhill prompted many analysts, including Luno exchange’s Vijay Nayyar and Kinetic Capital’s Jehan Chu, to predict a further depressive move below $25,000, Anthony Pompliano offered a contrasting bullish outlook. The Morgan Creek Digital

Bitcoin (BTC) breaking below $30,000 has cost it almost all of its 2021 bull run gains — but a historic silver lining is ready to rescue bulls. Data from crypto exchange Binance’s order book confirms that BTC/USD has almost dipped to the strongest support zone ever seen. BTC price arrives at “biggest bid ever”  It

Guy, the host of Coin Bureau, is weighing in on the widely-followed stock-to-flow (S2F) trading model popularized by the analyst known as PlanB. The S2F has traditionally been applied to commodities like gold and silver. It predicts the performance of an asset based on the idea that the price increases as the asset becomes more

Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States’ Securities and Exchange Commission (SEC) on July 17, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC).  Rothschild GBTC shares near 150,000 A quiet but nonetheless

A collection of Bitcoin whale wallets suddenly scooped up tens of thousands of BTC over the weekend after being inactive since December of 2018. According to BitInfoCharts’ list of the biggest Bitcoin wallets, all addresses ranked 89 through 106, except rank number 90, accumulated a total of 28,377 BTC worth $841.85 million on July 17th