Truflation, a real-time data provider for inflation indexes, presented a correlation between its real-time inflation data and bitcoin’s price movements. The company stated that every time its disinflation trend pauses or reverses,…
Category: bitcoin
Bitcoin Price Nears Key Buy Zone as Stablecoin Ratio Channel Flash Opportunity
The Stablecoin Ratio Channel is at historic buy zones, indicating rising accumulation potential. While that’s happening, stablecoin market cap growth indicates that capital is staying in crypto and could power the next…
GameStop dives into Bitcoin, but investors aren’t buying it…yet
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO. GameStop’s board of directors unanimously approved last week to use both corporate cash…
Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In
Amid the Bitcoin price struggles, crypto analyst BitQuant has pushed back against the idea that the top is in and instead provided a bullish outlook for the flagship crypto. He also remarked…
Stunning Chart Highlights Strategy’s Bitcoin Dominance
According to a chart shared by Ryan Rasmussen, head of research at Bitwise Invest, business intelligence firm Strategy now owns three of every four Bitcoins held by public corporations. As reported by…
Charles Hoskinson Reveals How Cardano Will Boost Bitcoin’s Adoption
Cardano founder Charles Hoskinson says the network will play a key role in Bitcoin DeFi transactions in the future. With several partnerships and innovations in the works, Hoskinson says Cardano is bracing…
Bitcoin (BTC) Outperforms Gold Amid Macro Uncertainty, Bitwise CIO Stays Optimistic
Bitwise CIO Matt Hougan has expressed confidence in Bitcoin’s long-term potential, highlighting that the world’s leading cryptocurrency by market capitalization has returned a 24.3% gain since Election Day, despite its sideways trajectory…