Bitcoin
Why Bitcoin is up 1.2% in the last hour
Analysis
Bitcoin rose about 1.2% over the past hour amid constructive ETF-related narratives, with Cointelegraph highlighting data that frames dollar-cost averaging into BTC as a “safest” long-term strategy, which can support near-term sentiment. Additionally, CoinGape reported Ripple Prime adding support for Bitcoin derivatives on Coinbase, a development that can reinforce market access and trading activity around BTC.
Contributing Factors (3)
Dollar-cost averaging Bitcoin is safest strategy for long-term gains: Data
Backtested data and forward-looking models found that dollar-cost averaging Bitcoin buys is the best way to invest in BTC. Will the strategy work in the next bull market?
CleanSpark sold 97% of February bitcoin production to fund AI pivot
The cash flow generated will support the bitcoin miner's expansion into AI and high-performance computing data centers.
Ripple Prime Adds Support For Bitcoin, Ethereum, XRP, Solana Derivatives on Coinbase
Ripple Prime, formerly Hidden Road, has partnered with Coinbase to offer institutional clients access to crypto derivatives on the crypto exchange. This comes as the prime brokerage firm continues to...
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