Bitcoin Recovery and Pending Death Cross
Bitcoin is currently forming a death cross as it rallies after a recent crash. Is this death cross actually bullish?
Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
Bitcoin is currently forming a death cross as it rallies after a recent crash. Is this death cross actually bullish?
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The Bitcoin “halving,” when the newly issued supply of Bitcoin is cut in half, occurs every four years. The next halving is predicted to happen April 20th, 2024 at block height 840,000.
A number of Bitcoin ETFs were approved on Jan 10th 2024. This includes the conversion of GBTC. You can now buy the following tickers to get exposure to funds that hold Bitcoin. This list includes fees: Bitcoin ETFs and fees as of Jan. 10 (Source: Investors.com) Name Ticker Issuer Fee (after waiver) Waiver Details Exchange… Read More
All Bitcoin ETFs and Fees Now that Bitcoin ETFs have been approved, there are many ways to buy Bitcoin on the stock market. Here is a list of Bitcoin ETFs and their fees. Bitcoin ETFs and fees as of Jan. 10 (Source: Investors.com) Name Ticker Issuer Fee (after waiver) Waiver Details Exchange ARK 21Shares Bitcoin… Read More
Here is a list of fun and informative cryptocurrency facts. Bitcoin Inception (2009): Bitcoin, the first cryptocurrency, was created by an unknown person or group under the pseudonym Satoshi Nakamoto. Blockchain Technology: Cryptocurrencies operate on a technology called blockchain, a decentralized ledger across many computers. Decentralization: Cryptocurrencies are not controlled by any single entity like… Read More
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LedgerX is now FTX.US Derivatives. That means there are now US-based options, futures, and swaps under the FTX.US brand.
Bitcoin has broken above its previous all-time high of $64k and is currently trading above $66k in price discovery.
The first Bitcoin ETF ever has been approved. The Bitcoin Futures ETF by ProShares is set to launch Tuesday, Oct 19th, 2021 under the ticker “BITO”.
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