We aren’t taught real economics in school. We learn, instead, voodoo economics. For example, rarely — if ever — do professors present us with the valuable insights highlighted by the Austrian school of economics. 

Individuals, therefore, need to break their conditioning to understand how the financial world works. The truth of how the . . . → Read More: The battle between DeFi, CeFi and the old guard

The number of Bitcoin (BTC) addresses holding 1 BTC plummeted to a four-month low on Sep. 20, according to the data from Glassnode. But it is premature to suggest that it is a bearish sign for the top cryptocurrency.

What caused the number of small Bitcoin addresses to sharply drop?

The noticeable decline . . . → Read More: Small Bitcoin addresses plunge to 4-month low, but is this bearish?

The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. 

Although the current $1.9 billion worth of options signal that the market is healthy, it’s still unusual to see such heavy concentration on short-term . . . → Read More: Bitcoin price volatility expected as 47% of BTC options expire next Friday

So Bitcoin appears to end this week within tickling distance of $11,000. Experts suggest that the next test of upper level support will be at $11,100 before a move to $12,100. Statistician Willy Woo is optimistic. He thinks there’s little chance of a “catastrophic” dump.

Some Bitcoin though, can’t be dumped. . . . → Read More: DeFi, celebrities charged and Kiss: Bad crypto news of the week

The cryptocurrency market is still in its infancy, and the overpowering sense of possibility is strong. The range of attitudes toward crypto is generally broad, but recent surveys shed light on certain inclinations one way or another. On one hand, we see beginners who venture into projects they fail to fully grasp, and . . . → Read More: Financial literacy will make the digital asset industry sustainable for the future

As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum.

The 4-hour price chart of Bitcoin. Source: TradingView.com

According to CryptoQuant’s Ki Young Ju, fewer whales have been sending BTC to exchanges. Historically, the data indicates less . . . → Read More: New Bitcoin bull run? Whales and institutions accumulating, data shows

The recent week has been relatively dull on the price movements of Bitcoin (BTC), as a slow upward trend was established after Bitcoin’s price found a footing at above $10,000. This rally then continued toward $11,000 on Sep. 18 but was pushed back by some short-term resistance levels. 

The previous week has been . . . → Read More: Will the CME Bitcoin futures gap buyers at $9,600 be left in tears?

As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range. 

Cryptocurrency daily market performance snapshot. Source: Coin360

Some analysts would say the digital asset has lost momentum but a quick glance at the 1-hour or 4-hour chart shows Bitcoin chugging along sideways in a defined . . . → Read More: Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)