Markets

Bitcoin Rises Despite Dollar Strength as Elon Musk Adds BTC Payment Option
Tesla accepting bitcoin payments and running its own nodes is "massively bullish," according to one analyst.

Ex-Tether Exec Quigley Disappointed in Current Management, Urges Audits
Tether is its "own worst enemy" and needs to be audited, according to co-founder William Quigley.

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase
"My speculative guess is that institutions are buying bitcoin's price dip," one analyst said.

'Thrill' and 'Status' Driving Young People to Crypto Investment, Says UK Financial Watchdog
These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.

Bitcoin's Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue
Bitcoin's "reserve risk" metric indicates the cryptocurrency is nowhere close to a major price top.

Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K
Bitcoin's uptrend continues to slow after breaking short-term support.

Bitcoin Steadies Near $54K After Biggest Drop in a Month
The drop below $55,000 comes at a time when cryptocurrency fund inflows have been on the decline.

Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways
Crypto fund flows are slowing, which could suggest investor uncertainty about BTC's price.

Bitcoin Could Top Out at $150K to $300K in 2022, Says Large BTC Miner
BTC could peak by next June before entering a bear market, according to Chinese crypto miner Jiang Zhuoer.

Veteran Analyst Peter Brandt Expects Bitcoin to Reach $200K
Based on an analysis of price chart patterns, bitcoin is about halfway through its current bull market, which began around the March 2020 low.

