$400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’
Bitcoin has been trading in a tight band lately. Over the last 24 hours it dipped a bit, but it still sits between $108,000 and $110,000. According to market data, that range has held firm even as volatility showed up back in January and April. Related Reading: Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO Lagging Money Supply Signal According to analyst Kyle Chassé, Bitcoin’s price tends to follow global M2 money supply with a 90-day lag. He matched daily closes on the Bitstamp exchange against world M2 data shifted three months back. That overlay shows that when....
Related News
One of Cape Cod’s largest hospitals received two bitcoin donations this year totaling $800,000 in value. The Massachusetts-based not-for-profit medical centre (NPO), Cape Cod Healthcare, explained that an anonymous donor donated $400k last Friday and the NPO received a $400k bitcoin donation last month as well. Cape Cod Healthcare Gets $800K in Bitcoin Donations The hospital Cape Cod Healthcare (CCHC) is considered one of the leading providers of healthcare services in Cape Cod, Massachusetts. This week, the NPO told the Boston Globe staff member Anissa Gardizy that it received two....
On-chain data shows crypto exchange Coinbase saw a withdrawal of 400k Ethereum yesterday. This could be a sign of activity from institutional investors, and could prove to be bullish for the coin. Coinbase Observes Outflow Of 400,000 ETH As pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) was withdrawn yesterday from the crypto exchange Coinbase. The indicator used here is the Ethereum outflow, which shows the total number of coins exiting wallets of the exchange. When the metric shows a big spike, it means a lot of ETH was withdrawn from the....
The eye-watering strike option supplants the company's previous $300,000 maximum offering listed on Jan. 9.
Crypto scams are on the rise and the scammers are getting more sophisticated with their tactics. Some, however, have continued to use old and known tricks which have continued to garner more victims. Most of these crypto scams are perpetrated on social media platforms that are expected to take on the burden of keeping their […]
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s ether exchange rates. However, not everyone was impressed by the NFT transformation, as the cofounder of myartbroker.com says the NFT sale raises the idea that “the only morons in this transaction are the buyers and stunt artists themselves. A Burned Banksy Transformed Into an NFT Sells....