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Nalezeno "Bitcoin price discovery": 5

Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?


On Sunday, Nov. 17, bitcoin is holding steady above $90,000, a figure that it has flirted with multiple times since Nov. 12. The leading cryptocurrency, however, remains in the price discovery phase, having occupied this range for just 0.0691% of its entire existence. Price Discovery in Action:...

Report: USDT-Issuer Tether Purchased 8,900 BTC, Worth $380 Million


Source: AdobeStock The world’s largest stablecoin issuer, Tether, has reportedly expanded its Bitcoin holdings by acquiring an additional 8,888 BTC. This latest purchase cost a whopping $380 million. You cannot overstate how crucial this is for Bitcoin price discovery. Tether is earning ~$1bn/Q...

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