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Wed Jan 15 11:07 PM

On-chain analyst says Bitcoin in serious “supply and liquidity” crisis

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Bitcoin has been gobbled up like no tomorrow by institutions and accredited funds in the past months. And an analyst now says the asset is in midst of a sell-side crisis.Glassnode CTO Rafael Schultze-Kraft said Monday that Bitcoin was in midst of a severe...

MicroStrategy’s Bitcoin Holdings Tops $1B Following Latest Acquisitions

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MicroStrategy’s latest Bitcoin purchase appears to have received the applause of its investors as it is showcased in the current share price. Nasdaq-listed MicroStrategy Incorporated (NASDAQ: MSTR) has continued on its ever bullish attempt to stock up on Bitcoin (BTC) following its latest purchases in...

Bitcoin Tops $24K, Setting New All-Time High

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Bitcoin cut through $24,000 Saturday afternoon, setting a new record high as the leading cryptocurrency’s ongoing rally continues through the weekend before Christmas. The price of the leading cryptocurrency continued its recent torrid run, setting a new all-time high of $24,122.67 before falling back to...

Jefferies’ Wood Cuts Gold Exposure in Favor of New Position in Bitcoin

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Christopher Wood, global head of equity strategy at investment firm Jefferies, cut his exposure to gold for the first time in years in favor of bitcoin, Business Standard reported. Wood will be cutting the gold position in his long-only asset allocation for U.S.-dollar-based pension funds...

Elon Musk Compares Bitcoin to Fiat Money, Calls Dogecoin Supreme

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Endorsing the DOGE cryptocurrency, Elon Musk also changed his Twitter bio to “Former CEO of Dogecoin”. Although his Bitcoin bashing hasn’t had much effect on the BTC price.On Sunday, December 20, Tesla Inc (NASDAQ: TSLA) boss and business tycoon Elon Musk took the crypto...

Market Wrap: Bitcoin Sits at $22.8K While $10B Locked in Top 5 DeFi Protocols

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Bitcoin’s price has hung around $22,400-$22,800 after Thursday’s momentous spot volume day while brand-name DeFi protocols have the lion’s share of the market for locked crypto. Bitcoin (BTC) trading around $22,783 as of 21:00 UTC (4 p.m. ET). Gaining 0.68% over the previous 24 hours. Bitcoin’s...

Bitcoin Hits New All-Time High at $24,000, Generates Over 90,000 Tweets

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The surge in the price of Bitcoin is now a topic of discussion on social media platforms. The price of Bitcoin reached a new all-time high of $24,000 on the 19th of December which has been reflected in thousands of tweets. On the day, the...

Crypto Wall Street: Goldman Sachs to underwrite Coinbase IPO while JPMorgan says Bitcoin “overbrought”

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Wall Street is coming for crypto and how. The two US banks have previously contended against the growth of cryptocurrencies but have turned a bright eye for Bitcoin this year. Multiple reports over the weekend stated that while Goldman Sachs could underwrite Coinbase’s upcoming initial...

Bitcoin (BTC) Price Falls to $22K After Reaching ATH with 23% Surge

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BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well. Bitcoin (BTC) price has surpassed expectancy over the last days. The price started to recover on Monday with a considerable rally setting a new all-time high at...

Analysts think Bitcoin may be overextended as bulls fail to hold $24,000

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Bitcoin has undergone a strong rally over the past week, moving from $19,000 to highs near $24,300.As of the time of this article’s writing, BTC trades for $23,100, as bulls have failed to hold the $24,000 support. The cryptocurrency moved higher last evening as...