Bitcoin Bearish Signal: Large Dormant Supply On The Move
On-chain data shows a large amount of old Bitcoin supply has moved in the last few days, something that could be bearish for the crypto’s price.
Bitcoin Jumps Toward $17K on Positive US Job Report
The US continued to beat expectations in terms of new jobs added for the month of December, according to the Labor Department.
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart in terms of new installations.
BTC Price Forms New Support at $16.8K As Bitcoin Lures ‘Mega Whales’
In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone.
Case for Bitcoin Weakens as Global Stockpile of Sub-Zero Bond Yields Vanishes
With the global central banks raising interest rates at a record pace to combat inflation, the global stockpile of negative-yielding bonds has vanished, weakening the case for harvesting returns from risky alternative assets like cryptocurrencies.
1.5M Houses Could Be Powered by the Energy Texas Miners Returned
During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mining operations and the ancillary services, provided by the state authorities.
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Nonfarm Payrolls
The bitcoin (BTC) and ether (ETH) options market saw mixed flows ahead of the crucial U.S. nonfarm payrolls (NFP) report, with a focus on setting strategies that profit from a potential post-data volatility explosion.
The Whimper Bitcoin Reversal: A Study of Volatility, Price, and Backwardation
In my last article, I also outlined that while backwardation is bullish it is a lousy timing mechanism. This study on volatility confirms this premise.
‘Bitcoin Is the Natural Reaction to the Scam of Central Banks’, Says an Argentina 2023 Presidential Candidate
In a recent interview, Javier Gerardo Milei, who is a candidate for the presidency of Argentina in 2023, shared his thoughts on Bitcoin.