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Bitcoin Price

Crypto News
January 27, 2021

DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that…

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Crypto News
January 26, 2021

Bored with Bitcoin? The BTC bull run is about to return, this indicator says

Bitcoin (BTC) hodlers hoping for a return to the bull run may not have long to wait, as a popular indicator gives cause for optimism. As compiled by on-chain monitoring resource Glassnode, data from the…

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Crypto News
January 26, 2021

2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains. While this $3,800 shift to the downside might not seem significant, the…

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Crypto News
January 26, 2021

Two things may result in a Bitcoin blow-off top, says on-chain analyst

David Puell, an on-chain analyst and the creator of the Puell Multiple, believes two things could cause Bitcoin (BTC) to see a temporary top this cycle. The analyst pinpointed the U.S. government potentially taxing unrealized…

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Crypto News
January 26, 2021

Reddit investing group triggers crypto-style 860% rally in GameStop stock

Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high…

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Crypto News
January 25, 2021

Rothschild Investment Corporation increases stake in GBTC as institutional adoption grows

Rothschild Investment Corporation, a leading Chicago-based financial institution founded in 1908, has invested heavily in Grayscale’s Bitcoin Trust, according to a Monday morning filing with the United States Securities and Exchange Commission, or SEC. Rothschild…

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Crypto News
January 25, 2021

Bitcoin price looks to resume bull cycle after rising above $34K

Bitcoin (BTC) has been consolidating since its recent all-time high at $42,000 and has risen back above $34,000 at the time of writing. The current correction is currently at 30% already, as Bitcoin’s price has…

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Crypto News
January 25, 2021

Key metrics show this week’s $4B Bitcoin options expiry favors bulls

Over the past two weeks, Bitcoin price appears to have lost momentum and some analysts are suggesting that bears will be in control for the foreseeable future. Taking a look at derivatives market data provides…

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Crypto News
January 24, 2021

Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold

Anthony Scaramucci, the head of SkyBridge Capital and former White House communications director, believes Bitcoin’s (BTC) value proposition has strengthened significantly now that governments have addressed many of the risks associated with the digital asset. …

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Crypto News
January 24, 2021

Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now

Ki Young Ju, the CEO at CryptoQuant and an on-chain analyst, says Bitcoin (BTC) is neutral to short-term bearish for the time being. There are two major indicators that have been useful in spotting trend…

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