M2 Money Supply Approaches All-Time High, Bullish Signal for Crypto: Van Straten
The U.S. M2 money supply continued to increase in December a bullish catalyst for risk-on assets.
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The U.S. M2 money supply continued to increase in December a bullish catalyst for risk-on assets.
Bitcoin’s dip to $100,000 was quickly bought up and its outlook still remains “bright,” one analyst said.
Multi-asset investment portfolios with allocations to bitcoin are consistently outperforming those that don’t hold the cryptocurrency, the report said.
United States president-elect Donald Trump has come under scrutiny from a section of the cryptocurrency community after surprisingly launching his … Continue reading
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A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a friendly jurisdiction.
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.
The selloff in stocks and cryptocurrencies could mean Donald Trump’s inauguration will less likely be a sell the news event, K33 Research said.
Options linked to BlackRock’s spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit’s BTC options market.
The crypto’s main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.