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Bitcoin Outflows From Miner Wallets Plummet To A Multi-Month Low — And That’s Crazy Bullish

Bitcoin miners mostly operate with fiat money and are repetitive sellers in the market, liquidating a portion of their stash to finance their daily operational expenses such as electricity costs.  However, it seems that they are currently hoarding their newly minted coins as they have no incentives of cashing out at current prices. A reduction […] дальше »

2021-4-30 22:43


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Two surprising topics are currently more pressing to BlackRock’s institutional clients than Bitcoin

Institutions exhilarated to dabble with cryptocurrencies, but not enough to go all in. The continuous Bitcoin purchases from institutions are enough to place one under the impression that interest rates from these firms have hit the roof, but BlackRock’s Larry Fink finds that to be misleading to a large extent. His reason being that from […] дальше »

2021-4-16 00:30


Grand Finale: Bitcoin Price Closes Record High Weekly, Could Conclude Cycle

Bitcoin price is currently flirting with prices above $60,000, as the momentum of the ongoing bull market slowly begins to push the asset above the key resistance level. The start of a breakout through resistance might have began with last night’s historic weekly close – the highest ever recorded. However, despite what could be a […] дальше »

2021-4-13 23:00