Bitcoin Insights

2021-11-16 15:20:54 BTC Market makers are trolling us trying to build the same chart as we had before the May dump

I'll go ahead and say it's PsyOps to scare people out of their coins.

We'll likely see a lot of these charts pop up soon.

Once again: I DON'T think it will play out like that.

Source

@Bitcoin_Insights Open / Comment

2021-11-15 16:14:39 Breaking: Marathon to raise $500 million in debt to buy bitcoin and mining machines

Marathon Digital, one of the largest Bitcoin mining firms in the U.S., has said it wants to leverage the debt market to buy bitcoin and mining hardware.
The firm said in a statement on Monday that it intends to raise $500 million through an issuance of senior convertible notes.

Source

@Bitcoin_Insights Open / Comment

2021-11-15 10:50:33 The Bitcoin Top Cap is calculated by applying a factor of 35x to the all-time Average Cap.

Top Cap today puts Bitcoin at a $4Trillion valuation, and Top Price is hovering around $214k.

Source

@Bitcoin_Insights Open / Comment

2021-11-10 12:03:55 Apple CEO Tim Cook Reveals Cryptocurrency Investments

While Apple is yet to make a move into the crypto space, its CEO has.
Speaking at the Deal Book Online Summit Tuesday, Apple CEO Tim Cook revealed that he uses and holds cryptocurrencies.

Source

@Bitcoin_Insights Open / Comment

2021-11-09 17:41:58 Financial Services Giant ING Is Working On A Defi Lending Project

Source

@Bitcoin_Insights Open / Comment

2021-11-09 14:55:26 Mastercard Partners with Leading Digital Currency Companies Across Asia Pacific to Launch the Region’s First Crypto-Linked Payment Cards

Source

@Bitcoin_Insights Open / Comment

2021-11-09 11:16:12 The Mayer Multiple is a ratio between price and the 200-day MA.

It can be used to gauge when bitcoin  is overbought or oversold.

Compared to previous multiples and all-time highs, we're nowhere near overbought yet.

Source

@Bitcoin_Insights Open / Comment

2021-11-08 14:43:37 Ethereum hits new all-time, bitcoin inches toward record as cryptocurrencies rally

Ethereum, the world’s second-largest digital coin, surged over 4% in 24 hours Monday to hit a new all-time high above $4,700.

Bitcoin climbed 7% to a price of $66,250, inching back toward its record high above $66,900, set in late October.

It comes amid ongoing excitement around DeFi, or decentralized finance.

Source

@Bitcoin_Insights Open / Comment

2021-11-06 17:30:38 House passes $1T infrastructure bill with crypto tax for Biden's approval

The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens.

Source

@Bitcoin_Insights Open / Comment

2021-11-05 19:14:42 Blockchain.com Hires Deutsche Bank Executive as First Compliance Chief

The hire comes as the cryptocurrency startup, founded in 2011, continues to expand globally as more people find ways to buy, sell and trade crypto. The company said it has $1.5 billion in revenue year-to-date for 2021 and a $5.2 billion valuation.

Source

@Bitcoin_Insights Open / Comment