No Reason to Short Bitcoin, On-Chain Analyst Explains Why
Those who plan to short the ongoing bull run must think twice, as per on-chain analyst Kim-Young Ju. The
Read MoreThose who plan to short the ongoing bull run must think twice, as per on-chain analyst Kim-Young Ju. The
Read MoreThere is a number of benefits to work with YBS Capital beyond Ben Shimon’s expertise on the E2C approach.For a typical startup, the financial life cycle usually involves entrepreneurs starting with little to no funding, pitching ideas to investors for an initial injection of seed capital, and building from there.
Read MoreThe price of Bitcoin dropped below $16,400 on the day following a massive short-term correction. On-chain analyst Willy
Read MoreSam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and
Read MoreTop decentralized finance (DeFi) coins such as Aave and Yearn.finance’s YFI have exploded higher over the past few
Read MoreMicroStrategy’s headline-grabbing bitcoin bet was a rational response to a macroeconomy in chaos, said Chief Executive Michael Saylor.Appearing Tuesday at CryptoX’s Bitcoin for Advisors virtual conference, Saylor shed new light on one of this year’s biggest cryptocurrency stories: his software company’s recent purchases of $425 million in bitcoin. That surprise September
Read MoreDespite Bitcoin's (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons.The three factors are the growing outflow of funds from exchanges, increase in “HODLers,” and data showing that investors already took profit.Bitcoin is moving from exchanges
Read MoreEarlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy, with its CEO and founder Michael Saylor — a Bitcoin skeptic-turned bull — may not
Read MoreWendy Walker, solution principal at the tax compliance company Sovos, described reporting as the most important aspect of tax filing that people in the blockchain industry should know about. "Even if you don't owe income taxes, you still have to report details of the transactions," Walker told Cryptox in an interview.
Read MoreEthereum has strongly underperformed Bitcoin over the past two weeks. As BTC has shot around 20% higher in
Read More