- From cointelegraph.com|7 hr ago
Many Bitcoin traders became bullish this week as prices rallied deep into the $88,000 level, but failure to overcome this level in the short term could be a take-profit signal. Alphractal, a crypto analytics platform, noted that Bitcoin whales have entered short positions at the $88,000 level. In a recent X post, the platform highlighted that the “Whale ...
- From wharton.upenn.edu|10 hr ago
Bitcoin is now priced at almost a hundred thousand dollars with a total market of almost two trillion dollars. A common argument promoting investment in Bitcoin compares it to gold — a time-tested store of value and a safe haven for generating significant investment returns. How credible is that analogy, and more importantly, what is the risk that comes ...