Tesla Vs Bitcoin: Which One You Should Hold by 2025?

Bitcoin is regarded by many as the world’s top performing asset class, but the king of crypto might have an unexpected competitor in the face of Tesla stock (TSLA), as is market cap breaks $100 billion today. Tesla Becomes First Publicly Listed US Carmaker to Cross $100B Mark On Wednesday, the share price of Tesla enjoyed another significant rally amid a general bullishness in the US stock market. The stock has gained over 8% since the opening of the session, with the market capitalization crossing the $100 billion mark for…

Bitcoin Nodes Go Ultra Private Thanks to TOR Network

According to recent data from Bitnodes, 2020 has brought a large new movement of anonymity within Bitcoin nodes, many of which went anonymous thanks to the TOR Network. Privacy is Back On Trend 2020 is going to be a big year for Bitcoin for a number of reasons. One of the biggest is the upcoming halving, which is expected to take place in May. Then, there is a pending update that is supposed to make Bitcoin network more efficient. Both events are expected to be the cause of a bull…

Bitcoin Won’t Drop Below $7k Again In Our Lifetime: Cane Island

Bitcoin ‘Never Look Back Price’ proponent, Timothy Peterson of Cane Island Alternative Advisors, has been talking to Bitcoinist about where he feels Bitcoin price is currently, and how far it will ‘never look back’ to. Never Look Back Price The ‘Never Look Back Price’ is essentially the last time that bitcoin was at a particular price level. After that point it only went up, and never again dropped below that price. The current NLB price will always be the current price, however if the price drops back down again, then…

How Much Influence Will China Have On The Future Of Bitcoin?

China is intrinsically tied with bitcoin, more so than any other nation. The state has little tolerance for it, that much is known, but can past events give us any insight to the future of this fragile relationship. As Chinese New Year approaches many analysts are looking for clues as to whether this will affect bitcoin prices. Crypto media has decided it will be bullish and bearish at the same time. One common theory is Chinese investors will sell off holdings before the holiday to free up spending money which…

Bitcoin And Ethereum Not As Correlated As Everyone Thinks

Many people expect Bitcoin and Ethereum price movements to be fairly closely aligned. Markets are either up or down, right? Not so, according to Three Arrows Capital CEO, Su Zhu, who has been looking at monthly trends on BTC and ETH over the past 36 months. Bitcoin And Ethereum Disagree 25% Of The Time In a tweet yesterday, Zhu compared monthly closes on BTC/USD and ETH/USD since Jan 2017. While some expect agreement in the market direction between the two almost all of the time, this is far from reality.…

Bitmain, Roger Ver, Kraken Case: Judge Shows No Mercy to United Corp

US Judge McAliley has denied United Corp’s request for an extension to serve accusations to Bitmain and its CEO, Jihan Wu, citing the plaintiff has more than enough time to send the necessary documents across.  Bitmain and Others Get a Lucky Break The US court appears to getting fed up with the plaintiff in the high profile lawsuit against Bitmain, Roger Ver, Kraken, and others. United Corp., recently requested an additional 90 day extension period to serve translated documents to Hong Kong-incorporated crypto giant, Bitmain, having already had over a…

Why Bitcoin Price Could Hit $100,000 in 2021?

The month of January is usually bearish for bitcoin price but this one has bucked that trend. It has been the best start to the year since 2012 but analysts are eyeing even greater gains in 2021. A dump down to $8,500 a few hours ago was responded to rapidly as the following candle on the hourly chart was larger and green. Bitcoin price quickly moved back into its short term range bound channel pushing to the top of it at $8,700. A sustained move higher is looking likely as…