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NYDIG: Bitcoin's Most Valuable Property Is Non-Correlation to Existing Asset Classes
Bitcoin's most valuable property as a financial asset is its non-correlation to existing asset classes and other macro factors, according to NYDIG. Christine Lee breaks down the Chart of the Day.
Bitcoin Hodler Net Position Change Shows First Positive Reading Since October
Bitcoin hodlers are becoming NET buyers for the first time since October. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Testing $41K Mark
While bitcoin briefly topped $41K on Monday, analysts are watching to see if the week's close can sustain this level before calling it the bottom, which could then pave the way for a bullish revival. Christine Lee breaks down the Chart of the Day.
Bitcoin ‘Options Smile’ Shows Market Fearful of Downside Despite Tesla News
Bitcoin's "options smile" chart pattern shows persistent fears of a deeper drop and low expectations for a quick rally. Christine Lee breaks down the data for today's Chart of the Day.
Bitcoin $200K By Year's End? Some Options Traders Make That Bet
Some bitcoin options traders are making wagers on $200K bitcoin by the end of the year, even as the cryptocurrency continues to struggle following last month's dramatic fall. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
BTC Rises Above $38K After Global Regulator Gives Greenlight to Banks to Hold Bitcoin and Other Digital Assets
Bitcoin hits highs above $38K early Thursday after The Basel Committee, which sets international banking standards, gives banks the green light to hold bitcoin and other digital assets. CoinDesk's Christine Lee breaks down the data.
Bitcoin-Focused Investment Funds Suffered Record Redemptions Last Week
Investors redeemed over $140 million NET from bitcoin funds during the seven days through June 4, the highest weekly total on record, according to CoinShares. Is the worst over yet? “All About Bitcoin” host Christine Lee brings us a close look at today’s Chart of the day.
A Flood of BTC Moving Off Exchanges Since El Salvador President Bukele’s Announcement
El Salvador President Nayib Bukele's goal to make bitcoin legal tender is lifting sentiment around bitcoin. Since his announcement, a flood of BTC has been moving off exchanges at the highest rate since last November. Is that a sign of a bullish trend? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Is Elon Musk Breaking Up With Bitcoin?
Elon Musk's Twitter presence is pouring cold water over the crypto markets, again. Musk tweeted a meme of a couple breaking up and included a broken heart emoji and #Bitcoin, prompting many to speculate Musk is breaking up with bitcoin. The markets plunged in response. "All About Bitcoin's" host Christine Lee breaks down the data in the Chart of the Day.
Bitcoin's Price Inches Towards $40K, Are Further Gains Ahead?
The price of bitcoin is hovering around $38K, but is the upward momentum likely to last? "All About Bitcoin's" host Christine Lee looks at the data in the "Chart of the Day."