3 reasons Bitcoin spot volume reaching new yearly peak is highly optimistic

According to the data from Arcane Research, the spot volume of Bitcoin has reached a new yearly high. This figure is particularly optimistic for the short to medium term trend of BTC because it reflects the growth of real and verifiable trading volume. Since late October of this year, the spot volume of Bitcoin rose…

Here’s why this billionaire investor just flipped bullish on Bitcoin

Another day, another billionaire investor foraying into Bitcoin. Billionaire macro investor Stanley Druckenmiller is the latest legendary investor to flip bullish on the cryptocurrency. In a recent interview, he echoed what many of his peers – including Paul Tudor Jones and others – have been stating throughout the past few months regarding Bitcoin’s merits as…

History shows presidential elections often mark a turning point for Bitcoin

The presidential elections have long been looked upon as a serious catalyst for economic trends, with potential changes in power often altering the global markets’ course. Many analysts expect Bitcoin’s price also to be influenced by the elections. History does show that elections are turning points for Bitcoin, and they typically work in the benchmark…