Bitcoin News

Bitcoin Can Reach $100K in ‘Hypothetical’ Store of Value Boost, Goldman Sachs Says
The firm assumes a scenario where bitcoin adoption increases as a store of value for investors versus gold.

First Mover Asia: Bitcoin Continues in Narrow Trading Range, Ether Pops Back Into the Green
Some price-chart indicators show the potential for a short-term BTC bounce if support holds.

Apple Stock Outpaces Bitcoin
A chart by Bloomberg’s Joe Weisenthal shows Apple stock outperformed bitcoin in year-over-year returns. In this Chart of the Day report, Galen Moore reflects on whether both investments rest on the strength of a single offering — bitcoin as digital gold, and its iPhone sales in the case of Apple.

Market Wrap: Bitcoin Gains May Be Limited in January, Altcoins Outperform
Bitcoin continues to trade in a tight range on relatively light volume.

Bitcoin Declines Toward Support at $44K-$45K as Analysts Await Price Bounce
Some price-chart indicators show the potential for a short-term bounce if support holds.

Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).

First Mover Asia: Bitcoin Slips Under $46K as Volume Across Major Centralized Exchanges Remains Low
“It’s pretty much been choppy since that big drop in the beginning of December,” said Efficient Frontier’s Andrew Tu.

Bitcoin Compared to Ether, Solana and Doge
2022’s first Chart of the Day analyzes the movement of decentralized finance (DeFi) assets over the last seven days, looking closely at BTC, ETH, SOL, and DOGE compared to the CoinDesk DeFi Index (DFX). DeFi assets in the DFX started the new year off with a rally opposed to cryptocurrencies.


