Bitcoin’s consolidation culminated with a downside break below the $8.3K support but bulls are fighting to hold the price above the 200-day moving average. After three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) […]
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Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos. The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos. On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar […]
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Recent research shows that Ether was the cryptocurrency most correlated to the rest of the crypto market in 2019. Recent research shows that Ether (ETH) was the cryptocurrency most correlated to the rest of the crypto market in 2019. In a report published on Jan. 22, the research arm of major cryptocurrency exchange Binance suggests […]
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Ray Dalio gave an interview to CNBC explaining his investment thesis, noting that Bitcoin is not fulfilling its purposes as money and is inferior to gold. Ray Dalio, multi-billionaire and founder of investment firm Bridgewater Associates, said investors should not miss out on traditional markets, CNBC reported on Jan. 21. Dalio warned from holding Bitcoin, […]
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Chinese experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. Chinese technology experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the […]
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Major crypto exchange OKEx is at the 50th WEF Annual Meeting in Davos this week, promoting blockchain and cryptocurrencies as a new motor for the global financial system. Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain technology as a new motor for the global […]
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Bitcoin is an easy winning bet in terms of risk-adjusted returns compared to gold, stocks, bonds and more, Woobull data reveals. Bitcoin (BTC) outperforms major assets such as gold, real estate and stocks if an investor holds it for just four years, popular data confirms. Highlighting the success of Bitcoin as an investment tool on […]
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Bitcoin price nears a decisive move as key indicators on the shorter time frames hint that traders may attempt to push the price above $9.2K. After a strong two week performance that saw Bitcoin (BTC) price rise from $7,700 to $9,200, the top crypto asset appears to be consolidating before making another attempt at $9,200. […]
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With international conflict and recession looming on the horizon, is Bitcoin a safe haven for your money? In the summer of 2019, the 10-year minus 3-month yield curve inverted for the first time in 13 years. During the time of the inversion, Bitcoin’s price hit all-time highs for the year. The previous inversion in 2006 […]
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Craig Wright has pulled out the last trump card from his sleeve in the court case that indirectly tests his claim to be the Bitcoin creator. It has been over a year since Australian computer scientist Craig Wright proclaimed himself as the inventor of Bitcoin (BTC), and the estate of his late business partner, Dave […]
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