Monday, November 29, 2021
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Bitcoin Threatens Your Authority
Bitcoin

Bitcoin Threatens Your Authority

Bitcoin threatens your authority. In approving bitcoin as legal cash in El Salvador and announcing plans to construct a “Bitcoin City.” The government has moved one step ahead of the rest of the world. In…

Panic Grips Bitcoin as $3B in Options Expire
Bitcoin

Panic Grips Bitcoin as $3B in Options Expire

Panic grips Bitcoin as $3B in options expire. Put options on bitcoin, which are derivatives that provide downside protection. Are becoming more expensive, signaling a pessimistic sentiment. Because key exchanges, including Deribit, are scheduled to…

Bitcoin ETF to Launch on November 16
Bitcoin NFT

Bitcoin ETF to Launch on November 16

Bitcoin ETF to launch on November 16: VanEck Bitcoin Strategy ETF (XBTF). XBTF is an actively managed exchange-traded fund that targets capital appreciation. By investing in standardized, cash-settled bitcoin futures contracts. VanEck announced the expected…

What Makes Bitcoin So Valuable?
Bitcoin

What Makes Bitcoin So Valuable?

What makes Bitcoin so valuable? A single Bitcoin has seen a substantial increase in value. Since the cryptocurrency was initially introduced in 2008. Yet, the price has experienced significant ups and downs along the way.…

Bearish Flag Squeezes Bitcoin
Bitcoin

Bearish Flag Squeezes Bitcoin

Bearish Flag Squeezes Bitcoin, Break Lower to 53,000 Area on the Cards. Bitcoin’s (BTC/USD) price has been stabilizing within a negative triangle shape over the previous week. Support in the mid-55,000 range has been holding…