Financial Insights That Matter Tldr: Bitcoin has dropped 11.4% from its recent all-time high of $109,000 and is currently trading below $100,000, with the price at $96,265 The Choppiness Index shows market instability with readings of 62 (daily) and 72 (weekly), suggesting upcoming volatility Key support levels are identified at $92,000 (Short Term Holders Cost […]
Financial Insights That Matter 2024 has been a great year for Bitcoin, with the cryptocurrency market reaching new heights. In late 2024, Bitcoin hit the $100K mark, creating a wave of excitement across the crypto industry. Over the past year, the market has grown by an impressive 85.8%. Right now, Bitcoin is priced at $96,160.29. […]
Financial Insights That Matter Bitcoin whipsawed after a hacker took control of the SEC’s X account early last year to falsely announce the approval of spot Bitcoin ETFs. The man behind the hack has pleaded guilty just four months after his arrest. It could have been an ill-advised prank or an attempt to manipulate crypto […]
Financial Insights That Matter Mike McGlone, Bloomberg’s senior commodity strategist, has taken to his social media account to share part of the recent Bloomberg Intelligence report regarding the current market stance of Bitcoin and gold. He believes that gold may begin to gain against the digital gold – Bitcoin – soon, stating that BTC may […]
Financial Insights That Matter The man behind a fraudulent post last year about bitcoin exchange traded funds (ETFs), from the official X account of the Securities and Exchange Commission (SEC), pleaded guilty this week to an identity theft scheme that enabled him to access the SEC’s X account. Eric Council, Jr., who lives in Athens, […]
Financial Insights That Matter An Athens man pleaded guilty today in connection with his role in a conspiracy last year to hack into the X account of the U.S. Securities and Exchange Commission and publish fraudulent posts in the name of the then-SEC Chairman. Eric Council, 25, entered a guilty plea to one count of […]
Financial Insights That Matter Google is no longer showing the price of Bitcoin when you search for it in Google Search. Google’s VP, Engineering for Search, Rajan Patel, said this is “Not intended” and he will investigate the issue. If you search for [bitcoin usd] or variations of this search, you won’t get the price […]
Financial Insights That Matter February began on the wrong foot, even though it’s historically a highly positive month for bitcoin. This time, though, the cryptocurrency plunged last Sunday and Monday by $15,000 within days. Although the asset has failed to recover most of the losses since the end of January, the overall bullish sentiment remains […]
Financial Insights That Matter Poland’s National Bank (NBP) dismisses Bitcoin as a reserve asset, prioritizing security and stability with gold, U.S. dollars, and euros. NBP President Adam Glapiński confirmed Poland’s reserves reached $225.4 billion in January 2025, a 22.1% increase year-over-year. Poland’s stance reflects the European Central Bank’s (ECB) rejection of Bitcoin due to its […]
Financial Insights That Matter Czech Republic President Petr Pavel. Photo: AFP Key Takeaways The Czech Republic will exempt Bitcoin from capital gains tax if held for more than three years. The new legislation aligns Czech crypto regulations with the EU’s MiCA framework starting mid-2025. Share this article The Czech Republic will exempt Bitcoin and other […]