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Bitcoin News / Bitcoin.com - 2 years ago

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million

Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric ca...

Bitcoin News / Bitcoinist - 2 years ago

Is $1 Million Possible For Bitcoin? Here’s What This Analyst Thinks

Bitcoin is already seeing a drawdown which has sparked speculation that the mini-bull run has come to an end. However, over the long term, there is still a bullish case for the digital asset but how high the price will go remains anyone’s best guess....

Bitcoin News / Bitcoinist - 2 years ago

Why Tightening Correlation With S&P 500 Could Be Bullish For Bitcoin 

The correlation between the S&P 500 and Bitcoin is only increasing, inching closer to reaching levels where in the past the cryptocurrency strengthened.  Meanwhile, the S&P 500 just closed its January monthly session outside of a key trend li...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Positive signs of Bitcoin’s recovery can be seen in on-chain, spot exchange and futures data. Bitcoin (BTC) had a rough time all throughout 2022.But fresh on-chain an...