Bitcoin Blast-Off Theories: $100 Million ‘Mystery’ Buyer, Asian Algos and April Fools

Now that the bitcoin rate came out of the doldrums, every mainstream business media channel has come out of the woodwork and back to crypto. With a few exceptions, much of the coverage has been tolerable. News shops are searching for grounds behind the sudden spike in the bitcoin premium. There's no shortage of excuses, chief among which point to a whale's big buy and computer-powered algorithmic hedge fund trading approaches. Of track, if you ask Blockstream's Samson Mow, the rallying may exactly be a result of good old fashioned supplying and expect. “Today’s spike in Bitcoin’s price was made

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