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Czech Point: Prague Central Bank Wants Bitcoin, Lummis Freaks Out

Czech Point: Prague Central Bank Wants Bitcoin, Lummis Freaks Out

The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the Financial Times Wednesday. On Thursday, the Czech National Bank (CNB) said it would start analyzing the prospects of introducing additional asset classes to its reserve, […]

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Analysts Point to Market Reset as Potential Catalyst for Bitcoin’s Next Rally

Analysts Point to Market Reset as Potential Catalyst for Bitcoin’s Next Rally

On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on exchanges. He noted that things have been bearish until the start of August due to an influx of around 100,000 BTC from the German and US governments selling and Mt. Gox distributions. He added that

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