Black Thursday

Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and since listing it has been known to trade at a high premium, having hit a 2020 high…

Bitcoin has been showing a tight correlation with the stock market  – the largest correlation in the asset’s young history.A historically accurate sell signal has just triggered across three major United States stock indexes, which not only could cause another major selloff across all markets, but it could cause Bitcoin…

Bitcoin and XRP have both made strong recoveries since their epic plunge last month amidst the Coronavirus panic selloff that rocked the stock market. The V-shape bottom and previous top have potentially formed an ultra-rare diamond bottom pattern across the two crypto assets.Bitcoin and XRP Aim For Further Upside After…

Over the past few months, Tether’s USDT stablecoin has become increasingly important to the crypto market; the asset’s market capitalization has swelled as it has surged in adoption, now amounting for much of Ethereum’s network traffic.Due to the growth, tracking the movement of USDT has given investors novel signals as…

One of the most important crypto events of the year, the 2020 Bitcoin block reward halving, is rapidly approaching. Estimates derived from blockchain data, in fact, suggest that the key occurrence will come to pass in just under 30 days — a month.With this, the number of BTC coins issued…

Apr 14, 2020 at 21:01 UTCAfter weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.Prices for bitcoin (BTC) climbed less than a percent Tuesday, retracing gains lost the day before when it hit a one-week low, according…

As global markets grind to a snail’s pace, the architect behind bitcoin’s stock-to-flow prediction model has gone on the record to say that his work isn’t dead accurate, but order of magnitude right.Indeed, bitcoin’s leading indicator forecasts that the number one cryptocurrency is still set climb to new all-time highs…

Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a result of disagreements between opposing factions within the BCH community, which led to a group backed…

Sell-side pressure over the past two days has seen the price of Ethereum dip below key support at the $160 level. Currently, the second-largest cryptocurrency by market cap is priced at $159. But has fallen 8% from its recent high just two days ago.This move reversed an uptrend that peaked…

In the middle of February, when the cryptocurrency market (XRP included) was pumping to multi-month highs, emotions were running high; there was a class of Bitcoin investors who expected their favorite orange coin to rocket past its $20,000 all-time high by the time of the halving, as irrational as that…