Schiff Claims Bitcoin 'Wastes' Energy
In a recent social media post, gold bug Peter Schiff has rejected the narrative that Bitcoin could be viewed as a non-inflatable ledger for storing economic energy.Bitcoin as a battery? Schiff is responding to the specific narrative championed by MicroStrategy CEO Michael Saylor and other…
933,890,048,712 SHIB in 24 Hours: Can Shiba Inu Still Get a Chance?
According to CoinGlass data, Shiba Inu saw $6.71 million in futures outflows in the last 24 hours, which translates to 933,890,048,712 SHIB.Outflows remain significant as it suggests buying on the part of derivatives traders even as Shiba Inu attempts year end recovery.Following days of drop toward…
Bitcoin (BTC) Price Analysis for December 27
The market is mainly rising on the first day of the weekend, according to CoinStats.BTC/USDThe price of Bitcoin (BTC) has risen by 0.68% over the last 24 hours.On the hourly chart, the rate of BTC has set a local resistance at $87,702. However, if the daily bar closes near that mark, traders may…