Elon Musk is “astutely aware” of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses.
Bitcoin (BTC) recovered above $56,000 on March 24 after a new “Elon candle” put a familiar spring in the step of bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewCrunch time at $58,000Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD gaining 3.3% over several hours during Wednesday on news that Tesla will accept — and keep — payments in Bitcoin.As with the company’s initial announcement of a treasury allocation last month, the news immediately translated into spot price gains, as the gloom of this week’s price action lifted. Analysts were thus interested in whether Tesla would spark a new phase in Bitcoin’s bull market or whether the rally would be confined to lower timeframes.For popular Twitter account Rekt Capital, support lay at $53,000 as before, w
Vitalik Buterin Shares Big Take on ‘Multidimensional Gas Pricing’
[[{“value”:” Coinspeaker Vitalik Buterin Shares Big Take on ‘Multidimensional Gas Pricing’ Ethereum co-founder Vitalik Buterin has shared some…