Category: BTCUSD

NASDAQ-Listed MicroStrategy Buys $175 Million More Worth Of Bitcoin

The NASDAQ-listed company providing business intelligence and mobile software MicroStrategy has added $175 million worth of Bitcoin to its portfolio. The addition comes just a month after the firm purchased $250 million of the primary cryptocurrency. MicroStrategy Doubles Down On Its Bitcoin Accumulation As CryptoPotato reported a month ago, the Virginia-headquartered company developing software to […]

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Bullish For Bitcoin Price? Indicators on BTC Futures and Options Turned Green

Bullish For Bitcoin Price? Indicators on BTC Futures and Options Turned Green

Bitcoin buy liquidations on BitMEX surpassed twice the volume of sell liquidations. And with aggregated open interest and daily volumes ticking higher, Bitcoin futures markets are looking bullish. Options markets have not stayed back either on the ‘being bullish’ front.’ Could this mean that traders are going long on BTC? Will the top cryptocurrency make […]

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CFTC Filed a Complaint Against Operators of an Alleged $1 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against four individuals for defrauding investors of $1 million through an alleged Bitcoin investment scheme. Dubbed Global Trading Club (GTC), it operated as a BTC trading robot for over a year. CFTC Goes After GTC’s Members The Commission’s statement named the four people […]

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The Explosion of Bitcoin Price Defines Crypto As A Source Of Higher Gains Amidst Global Market Uncertainty

The cryptocurrency market has been through an unexpected boom throughout the past few months, despite the coronavirus cases taking back with an increasing pace around the globe. Since the start of the year, the price of both ETH and BTC, the most popular cryptocurrencies, went up 200% and 65% correspondingly, which also pushed the network […]

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Bitcoin Price Analysis: BTC/USD Majestically Propelled Above $12k, Is $13,000 Within Reach?

Bitcoin bulls take down the resistance at $12,084 and $12,145 to trade a new yearly high at $12,492. BTC/USD slowed down price action suggests that consolidation will follow ahead of a breakout to $13,000. Bitcoin finally made the last stroke above $12,000 on Monday ascending to a new yearly high at $12,492 (on Coinbase). The […]

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“Actual” Total Value Locked in DeFi is Only About 50% of Reported Value: Analyst

Reportedly, the recursive compounding of collateral on different DeFi project using the same initial capital tends to inflate the value locked in DeFi by almost 50%.  Data analytics websites reporting the ‘total value locked’ in DeFi, determine the value by analysing individual projects. However, the ecosystem has remarkable interoperability. DAI loaned in one project is […]

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How Fast Can Bitcoin [BTC] Reach $13,000 as FOMO Ensues?

Bitcoin [BTC] has broken out above $12,000 for the third time this year after a long built of anticipation. Confirmation of current levels for the digital currency targets $13,000 next. And, it could be approaching fast.  The Day of the Break-out? According to leading derivatives trader, Tone Vay’s technical view, the price is very bullish […]

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Bitcoin Technical Analysis: BTC/USD Unable To Break $12k Resistance But PlanB Believes $20,000 Is Nigh

Bitcoin bulls rush to secure the tentative support at $11,800 following another rejection from $12,000. Plan B believes Bitcoin’s next bullish target is 2017’s all-time high. Bitcoin price action has been mundane mainly because it was not been able to overcome the seller congestions at $12,000. There was a brief recovery over the weekend supported […]

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Why Bitcoin [BTC] Price May Surge In Early September 2020?

Ex-prudential CEO George Ball in a recent interview explained why he thinks wealthy investors and traders will invest in Bitcoin post this labor day. Historically US holidays have impacted the bitcoin price positively and after George’s revelation all eyes will be on September 7th, labor day 2020. Labor Day to Mark Entry Of Wealthy Investors […]

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First Of Many? NASDAQ-Listed Company Buys $250 Million in Bitcoin as Inflation Hedge

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