Tag: bitcoin price

Taking a look at some of the structural changes in the bitcoin derivatives market over the course of 2021 and what they mean.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Global X, a New...

JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to "invest in Bitcoin (BTC)" and they are ready to help them invest their money wherever they like. The post Clients Want to "Invest in Bitcoin...

The entire supply of bitcoin will eventually go to the zealot DCA army, bringing enough fiat into BTC that fiat ceases to exist.In a recent podcast episode with Stephan Livera, I made a claim that Bitcoin was the greatest charitable movement in history and that its “donors” were those who actively support Bitcoin on a daily basis through automated buying of...

With a falling bitcoin price and mining difficulty, miners have accumulated 3,785 bitcoin over the last month.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe...

The highly anticipated...

The Grayscale Bitcoin Trust (GBTC) is a publicly-traded trust that invests solely in bitcoin. Grayscale, GBTC’s holding company, is the largest digital asset manager on the market, and the GBTC is one of its biggest products. BGTC is particularly appealing for Investors interested in crypto but not willing to hold coins themselves. In...

Bitcoin price has slumped to a...

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT's non-issuance. The last market issuance of The post Why Tether (USDT) hasn't issued any...

Bitcoin's (BTC) price fell below the critical support level of $30K for the first time in one month and only the second time this year. The top cryptocurrency is currently trading at $29,770 with a 6% price decline over the past 24-hours. The next support zone for BTC lies in the $24K-$27K price zone The The post Why You Should Read This Before...

Inflation may obscure the value of bitcoin, but let it not mislead you.Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.SummaryWhile bitcoin seems to be aiming for a dip below $30,000 soon, the last week has remained relatively quiet in the market....

Black Rock...

Bitcoin's (...

Bitcoin's (BTC) price continues to trade under $32K as we approach another weekend. The top cryptocurrency lost another key support of $32.4K yesterday and currently trying to hold onto the final support zone of $31K-$31.5K before crashing below $30K. BTC is trading at $31,338 with a 3.5% decline over the past 24-hours. Amid growing selling The post Binance Registers Massive 14,550.78 Bitcoin Inflow,...

Jack Dorsey, the Twitter CEO and founder of...

According to a Goldman Sachs analyst, profits for Coinbase will remain intact irrespective of a decline in BTC price. The prediction from the analyst came just a day before the finalization of Coinbase’s second quarterly report. Goldman Sachs has reinstated their “buy” ratings for Coinbase, pointing out that regardless of an upcoming change in Bitcoin The post Why Lower Bitcoin Price Is Good...

Bitcoin's (...

Is bitcoin in a bear market? Let's take a deeper look at recent on-chain accumulation.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In the below...

The current Bitcoin price...

It’s time for another edition of “By The Numbers.” This time, we’ll use a pseudonymous analyst’s numbers to find out if Tesla is in the red when it comes to their Bitcoin holdings. The caveat here is, if bitcoin’s price loses the $30K level, could Tesla’s board pressure Elon Musk into selling? And if they do, would that cause another series of red...