Tag: Bitcoin

3 reasons why Bitcoin traders keep a close eye on the futures funding rate

Analysts often associate a top perpetual futures funding rate with economy crashes, but is this the ideal method to analyze the metric?Futures contracts trading has increased immensely over the past year, and proof of...

Bitcoin is’a Replacement for gold Compared to the Buck’ — Fed Chair Powell

Jerome Powell reiterates his view regarding Bitcoin as a golden replacement, but a sell-off communicates his other criticisms.Powell takes place with Bitcoin's financingWhen asked if he believed Bitcoin along with other cryptocurrencies introduced a...

Bitcoin Hunts in Turkey spike 566% Following Turkish lira drops 14%

Google hunts for Bitcoin (BTC) emanating from Turkey exploded from the previous 24 hours, following the value of the Turkish lira fell 14% after the shooting of a central bank .Based on statistics from...

Key Bitcoin Cost metric Reveals Professional traders Improved their BTC longs

Data reveals pro traders improved leveraged long positions as Bitcoin's cost traded at a tight range this past week.A similar movement also occurred from the futures contracts, since the foundation rate has improved.After signaling...

Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says

Kraken's mind of expansion, Dan Held, believes Bitcoin can reach $1 million over the current market cycle.Based on Dan Held, expansion contribute at Kraken, Bitcoin (BTC) is now undergoing a supercycle that may propel...

Bitcoin is Currently’too Significant to Dismiss ‘,” Deutsche Bank States

International banking giant Deutsche Bank expects authorities to begin regulating Bitcoin at the end of 2021.Bitcoins: Could the Tinkerbell Impact Become a Self-Fulfilling Prophecy?"From the 18-page analysis, Deutsche Bank Research explains the fundamental features...

Bank of America Maintains it costs Only $93 million to Maneuver Bitcoin’s Cost by...

Bank of America strategists have estimated that it requires in-flows of only $93 million to maneuver Bitcoin's cost by just one percent.The currently notorious Bank of America study notice slamming Bitcoin also comprises research...

Bitcoin bulls’hold back’ Because BTC’s monthly futures approaches

Bitcoin (BTC) temporarily recovered the $60,000 amount on March 18 as worries on the strength of their stocks market mounte because of increasing U.S. Treasury returns.Statistics from Cointelegraph Markets and TradingView proves that the...

Stocks of Bitcoin: JPMorgan offers BTC Vulnerability, an ETF in sheep’s clothing

JPMorgan bunched proxy crypto shares to offer skeptical investors exposure to the crypto economy.Cryptocurrency adoption was entering the mainstream for an exponential pace.This volatility is evident from the recent all-time high Bitcoin of about...

Can a US riches tax push millionaires to Bitcoin adoption?

There are ways in which a tax upon the ultra-wealthy can nudge them toward crypto, but concealing assets is not one of them.Levying a progressive taxation on the ultra-wealthy continues to be a talking...