MicroStrategy has become the poster child of mainstream Bitcoin adoption amongst corporations.
The post Here’s how Nasdaq-listed MicroStrategy went about buying $175m in Bitcoin appeared first on CryptoSlate.
The social sentiment for Bitcoin — a metric that tracks the asset’s public perception on social media and forums — has reached a record low level, according to on-chain tracking firm Santiment.
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The past few months have been marked by increasing fears of inflation, excessive money printing, and an increased conversation about the role of Bitcoin and gold amidst such a bleak outlook.
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Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks.
The post Bitcoin volume profile shows major demand for BTC is building appeared first on CryptoSlate.
Software firm MicroStrategy made waves within the crypto market last month when news broke regarding their acquisition of $250 million worth of Bitcoin.
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Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.
The post After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin appeared first on CryptoSlate.
The stock market has seen some slight weakness today, despite opening to a strong start.
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Jack Dorsey is undoubtedly one of the most prominent Bitcoin advocates.
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Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below.
The post Top Bitcoin analyst flips bullish after predicting the 20% retracement last week appeared first on CryptoSlate.
Bitcoin has undergone a strong correction over the past few days.
The post Since March’s 50% Bitcoin crash, traders have been hesitant to overleverage appeared first on CryptoSlate.
