Bitcoin has taken a bit of a dip in recent days. While the currency is stronger than where it was 24 hours ago, the asset is still short of its recent $40,000+ all-time high. However, there’s no denying that the world’s number one digital currency by market cap has surged […]

The latest data from the Chicago Mercantile Exchange (CME) reveals that hedge funds are twice more short than long on bitcoin futures. There were 7,991 shorts contracts by hedge funds as of this Tuesday according to the Commodities Futures Exchanges Commission (CFTC) which finalized the data on Friday. Each contract […]

The head of the Irish Central Bank Gabriel Makhlouf is worried that people who invest in Bitcoin could end up losing all their money. However, Gabriel Makhlouf was quick to note that Bitcoin isn’t a direct threat to financial stability. He just wanted to say that despite the fact that […]

Bitcoin has incurred a nasty fall in recent days, dropping from $40,000+ earlier in the month to about $30,000 at press time. Thus, the currency has lost more than $10,000 since reaching its new all-time high, and many analysts – including Agustin Carstens of the Bank for International Settlements – […]

As soon as Musk put “#Bitcoin” in his bio, its price picked up by 18%. Now, BTC is trading above the $37,000 level. Last December 2020, Musk also tweeted about Dogecoin. At that time, the simple tweet saying “One word: Doge” translated into a 20% rise in its value. Many […]

One of the biggest crypto exchange is apparently greeting an influx of new users with Binance stating: “Binance will be suspending withdrawals temporarily in order to address a large increase in requests from new unique users. Rest assured funds are SAFU and we apologize for any inconvenience caused.” Changpeng Zhao, […]

This article provides an update (as of 08:45 UTC on 29 January 2021) on the latest thinking on Bitcoin by influential crypto analysts, investors, and traders, and other thought leaders. Bitcoin’s Price Action According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $29,943 (at 00:222 UTC) […]

Ninepoint Partners has announced the launch of its Bitcoin Trust following a hugely successful CAD $230 ($180 million) initial public offering (IPO). The shares are now live on the Toronto Stock Exchange with ticker symbols “BIT.U” and “BIT.UN,” according to a press release on January 27, 2021. Ninepoint Unveils Bitcoin […]

Jim Wiederhold, S&P Global’s associate director for commodities and real assets, has written in an opinion piece about bitcoin last week that BTC is reminiscent of the 1800sgold rush in the United States. His words were followed by a report saying bitcoin has become mainstream. In his opinion piece, Wiederhold […]

The people have been put in their place by the ‘simple’ act of a centralized app abusing its trust to go against all written and unwritten contractual agreements with its customers. Rising on the back of century old memes by evoking the tale of Robinhood, the masses came to play […]