Cryptocurrency Insight
In recent days, Bitcoin price has lost its grip on the $30,000 level and has dropped back down to the $29,000 level. Naturally, this had some effect on the market, dragging some other currencies with it. But metrics point out that this drawdown is just Read More
The current trend in Bitcoin’s MVRV index suggests that the cryptocurrency’s continued bullishness may have room to grow further. Bitcoin’s MVRV ratio has yet to reach its 4-year MA As pointed out by an analyst in a CryptoQuant post, the asset price recovery phase is Read More
Banking giant JP Morgan CEO Jamie Dimon has made several controversial statements that could support Bitcoin’s bullish long-term thesis. According to a Telegraph report, Dimon claims the government “should seize” private property to build renewable energy projects. Disclaimer: The following opinion article represents the views Read More