Bitcoin Investors UK
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Bitcoin Investors UK is the leading Bitcoin and Cryptocurrency site for UK investors. Get information on bitcoin and cryptocurrency
Bitcoin Investors UK
3d ago
Is Bitcoin back from the dead? A year ago, Bitcoin — and “crypto” in general — was in a parlous state. A series of major scandals, including the FTX collapse, had investors running scared and regulators on a warpath. The Securities and Exchange Commission (SEC) launched numerous full-bore attacks on crypto companies, and even blamed crypto for a short-lived banking crisis last summer. The public perception of digital assets was also in the toilet, and politicians, fearing reputational contagion, wanted nothing to do with them (this was in stark contrast to early 2022, when a third of the US Co ..read more
Bitcoin Investors UK
1y ago
The Bear is dead, long live the Bull!
It is increasingly clear that the most recent Bitcoin bear market (‘crash’) is finally over and we are starting the next bull market (‘to the moon’).
Bitcoin Bull Market (Image: Bitcoin-Investors.co.uk)
It has seemed to me that we were at or close to the bottom of the market for some time. In November I was able to add to my Bitcoin portfolio with additional loans from Ledn, at a price around $17-18k per Bitcoin.
Around the New Year, appropriately enough, it looked more certain that we had turned a corner. I increased my holding of Bitcoin, via ..read more
Bitcoin Investors UK
1y ago
The cryptocurrency extended its gains after another big jump on Tuesday, topping $30,000 for the first time since June.
Bitcoin is still the market’s runaway success story of the year. The cryptocurrency topped $30,000 on Tuesday for the first time since June.
Bitcoin Bull Market (Image: Bitcoin-Investors.co.uk)
Bitcoin has gained more than 80 percent in price this year, far outperforming many other assets. The Nasdaq 100, an index of the biggest tech stocks, has gained roughly 20 percent in that period — a strong showing but a far cry from Bitcoin’s resurgence.
The latest Bitcoin rally appear ..read more
Bitcoin Investors UK
1y ago
2022’s crypto collapse wiped out roughly $2 trillion worth of crypto assets.
As the sector enters a period of stability, good actors must come together to deliver a digital assets industry that promotes the safe, sound and compliant development of blockchain-powered tech.
Consumers, businesses and investors around the world lost nearly $2 trillion in the digital assets market last year. By any measure, the systemic failures in the digital assets market in 2022 were eye-watering — some argue they are still reverberating in 2023, with correlations in the evolving banking crisis.
Bitcoin (Image ..read more
Bitcoin Investors UK
3y ago
According to the stock-to-flow deflection chart, today, bitcoin is the most undervalued with respect to the last 10 years of its history.
A similar situation occurred in the middle of the 2017 bull market. After which, the BTC price continued its exponential growth.
Additionally, bitcoin is deviating from its 11-year uptrend line. The deviation reaches 36% negative. This gives an additional signal that the value of BTC is undervalued and also shows room for upside. The peaks of previous bull markets led the major cryptocurrency high above this trendline.
Record deflection from stock-to-flow
In ..read more
Bitcoin Investors UK
3y ago
With BTC’s price regaining traction and heading towards $40,000, it’s worth reviewing four (ok, five) reasons why you should be more bullish.
Although bitcoin has already added $10,000 of value in a week to $40,000, some on-chain features suggest even more bullish developments awaiting right around the corner. From the Stablecoin Ratio to increasing active addresses to corporations buying and holders still holding.
Reason 1: Bitcoin to Stablecoin Ratio
According to data from CryptoQuant, the Bitcoin to stablecoin ratio oscillator has gone into bullish territory. This metric highlights the rati ..read more
Bitcoin Investors UK
3y ago
My Bitcoin is down by more than $100,000 and I’m grinning. 13 years on, we’ve heard it all before. Here’s what is missed.
Saying Bitcoin is dead is nothing new.
It’s become so common that a website that tracks this bizarre phenomenon has recorded 416 times Bitcoin has been declared dead … and survived. Bitcoin rising from the dead is programmed into its code. Bitcoin will be declared dead many more times because it’s a silent protest that challenges the status quo. 13 years on, Bitcoin is still alive and breathing and roaring back to life.
My own Bitcoin portfolio is down more than $100,000. I ..read more
Bitcoin Investors UK
3y ago
Since its inception, Bitcoin has seen its price rise from a few cents to nearly $60k as of this writing. This phenomenal increase in the price of Bitcoin in just twelve years might lead you to believe that the best is behind us. The reality is quite different.
Bitcoin is not like a stock in a company that is listed on the stock market.
Bitcoin is a monetary revolution that will change the lives of hundreds of millions of people in the future. The digital currency invented by Satoshi Nakamoto has far greater reach than any of the GAFAM for example.
Bitcoin is all about power
At most 1% of the w ..read more
Bitcoin Investors UK
3y ago
If you want to help your friends and family once the traditional system collapses, buy bitcoin – advised Max Keiser.
With the largest Bitcoin conference to date taking place in Miami, CryptoPotato had the chance to speak with one of the most prominent BTC proponents – Max Keiser. During the interview, the host of the Keiser report talked about the remarkable difference between the first Bitcoin conference in Prague ten years ago, price movements, crypto sentiment, and more.
What a Difference Ten Years Can Make
Keiser, who has been among the most well-known BTC bulls for over a decade, spoke ab ..read more
Bitcoin Investors UK
3y ago
Bitcoin, the world’s largest cryptocurrency, finally sustained a breach of its 2017 ATH on the 16th of December on the back of exponential price appreciation on the charts. However, it wasn’t done, not by a long shot. In fact, at the time of writing, BTC was valued at just over $34,000 on the charts, having risen to as high as $64,000 less than two months ago.
Now, while the degree of corrections in the said case has been understandably significant, the fact of the matter is Bitcoin, at press time, was still giving YTD returns of over 35%, with the 1Y change v. USD as high as 246%.
What this m ..read more