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Grayscale Bitcoin Trust (GBTC) Is Trading at a 3.77% Discount

In brief:Grayscale Bitcoin Trust (GBTC) closed yesterday at a 3.77% discountA discounted GBTC could point towards bearish Bitcoin sentiment amongst institutional investorsBitcoin dipped to...

Bitcoin Futures Trade Volume Hit an ATH of $294B as BTC Dipped to $45k

In summary:Bitcoin futures trade volume hit a new all-time high of $294.19 Billion as BTC fell below $45kThe majority of the trade volume was...

Bitfinex and Tether (USDT) Settle With NY Attorney General for $18.5M

In brief:The NY Attorney General’s office has settled with Bitfinex and TetherBitfinex and Tether will cease all operations in New YorkThey will also pay...

Bitcoin Battles for $50k after $10k Dip and $4.4B in Liquidations

In brief:Bitcoin fell from $58,369 to a local low of $47,619Bitcoin then rebounded to $55k before once again dipping to the $47,600 levelThe volatility...

OKCoin Will Delist BCH and BSV to Support the Bitcoin Ecosystem

Quick take:OKCoin will delist Bitcoin Cash (BCH) and Bitcoin SV (BSV) on March 1st, 2021The move is aimed at supporting the Bitcoin ecosystem and...

Bitcoin (BTC) at $250k by End of 2022 is Likely – Tim Draper

In brief:Tim Draper has rekindled his $250k price prediction for BitcoinHe expects Bitcoin to hit this value by the end of 2022He cites that...

Bitcoin’s Dominance Exceeding 63% Could Put a Dent on Alt-Season

Quick take:Bitcoin’s dominance has fallen consistently since the beginning of 2021BTC’s dominance fell from 73% to 59% allowing alt-coins to thriveBitcoin’s dominance is now...

Bitcoin (BTC) Selling By Miners Slows Down, $54k and $60k Possible

In brief:Selling by Bitcoin miners seems to have slowed downThe reducing selling pressure could provide an opportunity for Bitcoin to break $50kMargin short positions...

Bitcoin (BTC) Becomes a $1 Trillion Asset at $53,680

In brief:Bitcoin’s market cap will reach a value of $1 Trillion at a BTC price of $53,680Bitcoin’s current market cap stands at $904.5 Billion...

Bitcoin Needs 500 Large Users Holding 1k+ BTC to Reach $140k – Analyst

In brief:According to Timothy Peterson, large Bitcoin holders could push BTC to higher levelsA 10% increment in large holders (1k+ BTC) could increase Bitcoin’s...

Jack Dorsey and Jay Z Set Aside 500 BTC To Fund Bitcoin Development

In brief:Twitter CEO, Jack Dorsey and Jay Z have set aside 500 BTC to fund Bitcoin developmentThe funds will be in an endowment trust...

Bitcoin (BTC) has a 12% Chance of Exceeding $100k By End of 2021

In brief:Bitcoin has a 12% chance of breaking $100k by the end of 2021This forecast is based on data from current Bitcoin options contractsElon...

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