Key drivers like price, current macro trends and risks indicate that bitcoin is a great investment and possibly the best one available now. Note: This article does not constitute financial advice. Like many, when I first heard of bitcoin, my reaction was “Why would anyone invest real cash in magic internet money?” It was worth […]

In collaboration with Glassnode, Bitcoin Magazine is introducing more Bitcoiners to the world of on-chain analytics. This article is a collaboration by Glassnode and Bitcoin Magazine to introduce Bitcoiners to the world of on-chain analysis. Our aim is to simplify, demystify and improve access to on-chain data, helping you take the first steps into using […]

A combination of supply and demand dynamics and the actions of legacy financial systems will push bitcoin to $200,000 in 2021. Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in […]

As bitcoin becomes legitimized in the world of traditional finance, there are still some barriers keeping professional traders out. Bitcoin and digital asset investing, HODLing and trading has reached a new, higher plateau of legitimacy. Recent announcements of large-block institutional investments, the Office of the Comptroller of the Currency (OCC)’s recent stablecoin announcement, and the […]

Bitcoin’s comparison as “merely” digital gold demonstrates that legacy financial bureaucrats are in for a rude awakening. Early on Monday morning, March 22, during the Bank of International Settlement’s Innovation Summit, Federal Reserve chair Jerome Powell had this to say about bitcoin or, in his words, “crypto assets”: “Crypto assets are highly volatile — see […]

During a recent panel discussion, Ark Investment’s Cathie Wood said that “$1 trillion is nothing compared to where [bitcoin] will ultimately be.” During a panel discussion hosted by the Chicago Board Options Exchange (CBOE) last week, CEO of investment management firm Ark Investment Management Cathie Wood shared some decidedly bullish sentiments about bitcoin’s past and […]

Bitcoin (BTC/USD) continues to claw back from its recent sell-off that saw traders drive the pair as low as the 50305 area, nearly testing the 76.4% retracement of the appreciating range from 46219.32 to 61788.45.  Recent buying pressure pushed BTC/USD above the 52166, 54003, and 55841 areas, representing the 61.8%, 50%, and 38.2% retracements of […]

Bitcoin (BTC/USD) continues to claw back from its recent sell-off that saw traders drive the pair as low as the 50305 area, nearly testing the 76.4% retracement of the appreciating range from 46219.32 to 61788.45.  Recent buying pressure pushed BTC/USD above the 52166, 54003, and 55841 areas, representing the 61.8%, 50%, and 38.2% retracements of […]

Ethereum (ETH/USD) continues to attempt to reclaim its upward trajectory following recent buying pressure that emerged around the 1545 area, right the 50% retracement of the recent appreciating range from 1039.62 to 2041.42.  Some potential areas of technical resistance that traders are monitoring include 1805, 1832.03, 1844.27, 1859.67, 1864.74, 1881.21, and 1912.06.  Below current market […]

Ethereum (ETH/USD) continues to attempt to reclaim its upward trajectory following recent buying pressure that emerged around the 1545 area, right the 50% retracement of the recent appreciating range from 1039.62 to 2041.42.  Some potential areas of technical resistance that traders are monitoring include 1805, 1832.03, 1844.27, 1859.67, 1864.74, 1881.21, and 1912.06.  Below current market […]