Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital
Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that…
Read More »Bitcoin Can Not Recover After Drop Caused by Tesla Selloff
Tesla sold 10% of its Bitcoin holdings to demonstrate the liquidity of the cryptocurrency as a cash alternative. This has caused a short-term drop in the coin’s price. But despite…
Read More »Tesla Announces Major Profit After Selling Small Portion Of Bitcoin
Despite taking a reported $272 million in profit, Tesla still seemingly retains a majority of its original bitcoin stack. Tesla has sold portions of the bitcoin it held on its…
Read More »Sign up and Get Free $30 Coupon with Nhash Cloud Mining Services
Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating bitcoin, with Tesla recently purchasing vast amounts of bitcoins.
Read More »Bitcoin In Contango: How Pricing Differences Can Foreshadow Further Gains
Major differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this…
Read More »What The Stock-To-Flow Model Says About Bitcoin’s Future Price
The stock-to-flow model, which accounts for the availability and production of an asset, can help predict the future bitcoin price. They say that the simplest way to beat the system…
Read More »American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC to Investment Portfolio
Following in the footsteps of Tesla, the home warranty company American Residential Warranty (ARW) says it will accept cryptocurrency payments for its services. In addition, the company also plans to…
Read More »Cryptocurrency Market Analysis: 5 Biggest Gainers of February 2021
In February 2021, we have seen several institutional investors like Elon Musk CEO Tesla, businessmen like Bill Gates and billionaires like Rakesh Jhunjhunwala, influence the price of cryptocurrency and the…
Read More »Despite The Bitcoin Price Dip, This Week Was Incredibly Bullish
I know that this advice is easier said than done, but don’t get distracted by the price of bitcoin. We closed last Friday at $56,000 and saw the price reach…
Read More »What Pushed Bitcoin Past All-Time Price Highs This Week (And What’s Next)?
It may be a milestone that is losing some of it’s novelty, but bitcoin once again eclipsed its all-time price high this week, reaching a USD value of $49,000 on…
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