In light of Tesla’s $1.5 billion purchase of Bitcoin, market bullishness is at a fever pitch. In fact, right now, many anticipate that corporate treasurers worldwide will follow Tesla’s lead and take a closer look at an allocation towards cryptocurrencies. Tesla is the fifth-largest company in the S&P 500, which is the reason why many...Read More
While Bitcoin’s price nosedived by 17% on Monday, at press time, it had recovered considerably, with the cryptocurrency noting gains of 10.82% in a single 24-hour window. These statistics are not enough, however, considering Bitcoiners’ activity on exchanges – their buying and selling patterns, their compulsions, and their withdrawal capacity. Along those lines, Bitcoin exchange...Read More
