Bitcoin’s recent $12B open interest wipeout was essential, says analyst – TradingView
According to analysts at Crypto, Bitcoin's nearly $12 billion open interest shakeout earlier this month may just be the catalyst needed to help assets regain their upward momentum. “This can be seen as a natural market reset. This is an essential stage for maintaining bullish continuity,” Cryptoquant contributor DarkFost said in a market report on […]
Bitcoin’s Quantum Race: Can It Survive Microsoft’s Majorana? – Bitcoinist
Is Quantum Computing threatening Bitcoin faster than expected? On Wednesday, Microsoft announced its first quantum computing chip, called “Majorana 1.” The tech community has long speculated about Google's next-generation quantum efforts, and while it is often referred to as “Willow,” Microsoft's announcement focused on looming questions. Microsoft said Majorana 1 is leveraging a new topology […]
Trump crypto order may disrupt Bitcoin’s 4-year cycle: Bitwise – Cointelegraph
US President Donald Trump's recent encryption order has stated that Bitwise Investment Chifeef Matt Hougan, which could confuse the four -year boom and bust cycle of the cryptographic market over the past decade. The drastic order of Trump on January 23 has changed the bank and Wall Street, as well as a change in the […]
Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC – Cointelegraph
Bitcoin (BTC) price is currently showing a 3% decline after a strong weekly performance last week. In addition to this, Bitcoin's daily chart is hinting at a historical bearish pattern, raising concerns that this could test the $60,000 level again. Bitcoin forms a bearish engulfing candlestick every day Bitcoin’s 2.4% decline on October 21st formed […]
How Bitcoin’s slight 3% rise caused an Open Interest surge – AMBCrypto News
After $2.5 billion in futures liquidations, Bitcoin open interest has surged to over $19 billion. BTC is facing strong resistance at $63,400, with the price hovering around $62,700 after a recent 3% rise. Bitcoin's [BTC] Due to the recent price spike, open interest has experienced significant volatility and several positions have been closed. Despite this, […]
HBO filmmaker believes he found bitcoin’s creator, whose identity has been unknown
The identity of Bitcoin's inventor is shrouded in mystery, but the makers of a new HBO documentary believe they may have revealed the man's identity. Karen Hoback believes she may have discovered the alias Bitcoin's inventor used online: Satoshi Nakamoto. The inventor of Bitcoin may have personal control over a stash of cryptocurrencies worth tens […]
Does Bitcoin’s negative funding rate signal that bears are in total control? – Cointelegraph
Bitcoin (BTC) prices fell 2.2% on September 11 following the release of the U.S. Consumer Price Index, but recovered to the $56,500 level within hours. This move was closely linked to the movement of the S&P 500 Index, which fell 1.6% on September 11 as U.S. Consumer Price Index growth hit its slowest level in […]
It’s Bitcoin’s victory as Russia, U.S. fight for crypto dominance – AMBCrypto News
Putin followed President Trump in adopting Bitcoin. Could this be a sign of the environment we can expect if Trump wins? Assessing the potential impact on a global scale, will China join in on this trend? If you’ve been watching Bitcoin closely [BTC]and when it comes to cryptocurrencies in general, you may have noticed that […]
Money, Debt, and Bitcoins
Estimated Reading Time: 8 minutes Suppose soaring inflation caused our money to be of so little value that it was no longer acceptable for business purposes. It should be obvious that a modern economy cannot function purely on barter trade. What would we do? This has happened in many countries. Usually, they turn to doing […]
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’ – Cointelegraph
Bitcoin could see its next big rally surge to $110,000, despite concerns that a “lower high, lower low” pattern is forming on the BTC price chart, according to a crypto trader. “The next phase will likely see Bitcoin reach $110,000,” MN Capital founder Michael van de Poppe wrote in a blog post on July 17. […]