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1142 days ago

Bitcoin soars above $50k for the 1st time ever. And the shorts will be forced to cover if momentum accelerates...

Large futures shorts face huge losses if the momentum accelerates north of $50,000 as they will be squeezed and thus forced to cover "à la GME". Source: www.zerohege.com 

Net short futures positions on Bitcoin

1143 days ago

Bitcoin crosses $50,000 for the first time. $100k next?!

It had looked inevitable ever since the news from Tesla - and here it is ---

Bitcoin crosses $50,000 for the first time. $100k next?!

1144 days ago

A little history of the Bitcoin price level

Now that Bitcoin is starting to flirt with the $50'000 range, it is interesting to examine the different milestones it reached and their timeline. Some took a little while to break through, such as the $20'000 range, but the price climb has been dazzling since then. 

A little history of the Bitcoin price level

1144 days ago

Cryptocurrencies have surpassed the 1 trillion market cap value

The recent massive bitcoin acquisition by Tesla suggests that cryptos have reached a institutional acceptance. It will be interesting to see if other companies, or even governments, will show the same enthusiasm. The rise of cryptos might also be a sign that the US dollar will play a less important role in the long run. In the meantime, the total market cap of major cryptocurrencies has surpassed the 1 trillion market capitalization value.

Cryptocurrencies have surpassed the 1 trillion market cap value

1144 days ago

Good news for Bitcoin pushes price upwards

Last carried more good news for the crypto giant Bitcoin after Tesla pushed up the demand for the asset. Uber says it might consider payments in crypto. If large players continue their path to increase holdings of the asset and legislature eases off on restrictive policy, Bitcoin could see further gains. Source: Yahoo/Coinbase

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