1165 days ago
Bitcoin is bouncing back from last week lows
BTC jumped back up from it fall last week, a fall that saw prices plunge more than 12%. The digital asset traded around $34,400 up from below the $30,000 mark Friday. Source: Bloomberg
1165 days ago
Chart of the day: Ethereum Surges To New Record High As DeFi Boom Re-Accelerates
Coins that power decentralized finance (DeFi) protocols are soaring recently as bitcoin treads water. While bitcoin grabbed all the headlines early on in the year, it is the rest of the crypto space that is stealing its thunder most recently as Ethereum, the backbone of the smart contracts that define much of the DeFi space, has drastically outperformed. Source: www.zerohedge.com
1166 days ago
The race to the Bitcoin ETF
The never-ending Bitcoin ETF Race, which is now over 7 years old but has been revitalized with two new filings and a new SEC chair with high crypto-IQ - source: Eric Balchunas
1166 days ago
Timezone analysis on Bitcoin trading since March shows a clear pattern of relentless US buying while Asian whales and miners have been on the offer
“Timezone analysis which breaks down BTC moves into Asia hours vs. US hours (12 hours each). Since March last year, the clear pattern has been relentless US buying while Asian whales and miners have been on the offer” (QCP Capital)
1168 days ago
The Bitcoin Investment Trust (GBTC) premium has collapsed to to 2.7%, lowest in years. It was 40% a month ago.
This means that if you had bought the fund then, you are now up only 5% despite the fact that bitcoin is up 36%.Some investors are desperately waiting for the SEC approve an ETF as soon as possible. Source: Bloomberg, Eric Buchanas
