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Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why

[Nov 18, 2022 5:00 PM] Venture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects the digital asset to hit six figures, and once again, he has…

Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

[Nov 18, 2022 10:00 AM] On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an…

Grayscale Liquidation Could Unleash A Bitcoin Armageddon

[Nov 18, 2022 1:42 AM] The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto exchange, the discount to the NAV of…

El Salvador President Says Country Will Buy 1 Bitcoin A Day

[Nov 17, 2022 5:00 PM] Since the bitcoin price decline began, El Salvador and its president Nayib Bukele have basically been put under a microscope. The country’s bitcoin plan had seen it buy more than 2,300 BTC but the bear market had wiped a significant portion of the…

Blockstream Launches BOL2: Community For Bitcoin Development

[Nov 17, 2022 2:38 PM] Along with other bitcoin companies, Blockstream is spearheading a developer community to further Lightning and layer-2 development.Blockstream, a company focused on scaling bitcoin, is launching a platform to connect developers, entrepreneurs, and…

Bitcoin Long-Term Holders Face Major Financial Stress

[Nov 17, 2022 1:33 PM] The Bitcoin and crypto market is still wallowing in turmoil from the collapse of the FTX exchange. Many crypto assets have followed a correlation with the decline of FTX Token, FTT. As a result, the past few days brought an intense bearish pull on…