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1246 days ago

Bitcoin Tops $14,000

Bitcoin prices are back above $14,000 today, officially trading for 100 straight days above $10,000...- source: Bloomberg

Bitcoin chart

1248 days ago

Bitcoin's scarcity explained

Dan Moreheard of Pantera Capital makes an interesting observation: "Square’s Cash App got out to an early lead in this space. In Q1 2020, Square purchased $306mm in bitcoin, up 72% from Q4 2019. Square purchased almost a quarter of the total amount of bitcoin created in that quarter. (A year ago, Square’s Cash App was reportedly buying less than 10%.) That was before the block reward halving which occurred in May of this year. Under the assumption they were consuming the same number of bitcoin throughout Q2 as they were in Q1, Cash App would be buying around 40% of all newly-issued bitcoin. " - source: The Market Ear, Pantera

Bitcoin's scarcity driven price (by Pantera)

1250 days ago

Bitcoin keeps rising in tandem with the volume of negative yielding debt

Source: Holger Z, Bloomberg

Volume of negative yielding debt vs. Bitcoin

1254 days ago

Bitcoin soars to 18-month high - runs into key 13,700 level

The price of cryptocurrency Bitcoin is breaking out of a 2 1/2 year trading range- can it move beyond 13,700 towards 20,000 ?

#Technical Analysis
Bitcoin soars to 1-year high - runs into key 13,700 level

1254 days ago

Chart of the day: Bitcoin is outperforming the Nasdaq over the last 12 months

Bitcoin grabbed the headlines on Tuesday as it overtook Nasdaq's performance in the last 12 months...Source: www.zerohedge.com 

Bitcoin vs. Nasdaq vs. S&P 500 last 12 months
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