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Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K

The number of "hodled" and presumably lost Bitcoin tokens continues to surge in sync with the BTC price.

Continue ReadingBitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K

CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Open Interest surged to $3.22 billion Thursday to levels not seen since February.

Continue ReadingCME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin

Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February.

Continue ReadingElon Musk’s Tesla is already $1 billion in profit from holding Bitcoin