The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Price analysis 10/16: BTC, ETH, XRP, BCH, BNB,…
Chicago Mercantile Exchange’s cash-settled Bitcoin (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings in a new report by investment firm Wilshire Phoenix. The increasing volumes of…
Price analysis 10/14: BTC, ETH, XRP, BCH, BNB,…
The bond yields across most developed economies have dropped sharply since the central banks unleashed a slew of measures to counter the economic crisis caused by the COVID-19 pandemic. This could pose a challenge to…
Price analysis 10/12: BTC, ETH, XRP, BCH, BNB,…
U.S. equity markets are nearing all-time highs on the hopes that Democrats and Republican will break their current stalemate and strike a deal to release another round of stimulus for American citizens and the small…
Price analysis 10/9: BTC, ETH, XRP, BCH, BNB,…
Payments giant, Square, has become the second listed company after MicroStrategy to buy Bitcoin (BTC). Although Square’s purchase of 4,709 Bitcoin is much smaller than MicroStrategy’s haul of 38,250 Bitcoin, many investors feel that this…
Price analysis 10/7: BTC, ETH, XRP, BCH, BNB,…
Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. With the…
Price analysis 10/5: BTC, ETH, XRP, BNB, BCH,…
A recent report by ARK Investment Management LLC presents a strongly bullish case for Bitcoin’s (BTC) future value. The group projects that Bitcoin’s network capitalization will rise to $1-$5 trillion over the next five to…
Price analysis 10/2: BTC, ETH, XRP, BCH, BNB,…
The shallow pullback in Bitcoin (BTC) following the news of the CFTC’s regulatory crackdown on BitMEX and the late announcement that U.S. President Donald Trump tested positive for coronavirus shows that the underlying sentiment is…
Price analysis 9/25: BTC, ETH, XRP, BCH, DOT,…
According to a study by researchers at the Cambridge Centre for Alternative Finance, the number of people who own Bitcoin (BTC) and other digital assets has surged from about 35 million in 2018 to over…
Price analysis 9/23: BTC, ETH, XRP, BCH, DOT,…
According to survey data from crypto asset insurance firm, Evertas, institutional investors believe that clearer regulations and better infrastructure in terms of trading, reporting, and custodial services will increase their participation in the crypto market.…
Price analysis 9/21: BTC, ETH, XRP, BCH, DOT,…
Legacy and crypto crypto markets saw a strong correction today as traders fear that the second round of economic stimulus might be delayed as the White House, Senate and Congress could become entangled in a…
Price analysis 9/18: BTC, ETH, XRP, DOT, BCH,…
The U.S. Federal Reserve recently hinted that it could keep interest rates near zero at least through 2023. The Bank of England went a step ahead and said that it could explore options for cutting…
Price analysis 9/16: BTC, ETH, XRP, DOT, BCH,…
This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin (BTC) to its existing holding of 21,454 Bitcoin. This means in less than a year the firm has amassed 38,250 Bitcoin. This…
Price analysis 9/14: BTC, ETH, XRP, BNB, DOT,…
Most retail traders find it difficult to go against the herd and buy when the market is down. They generally wait for the price to recover and for improvements in sentiment before jumping in. By…
Price analysis 9/11: BTC, ETH, XRP, LINK, BCH,…
The President of the European Central Bank (ECB) Christine Lagarde said that the coronavirus pandemic has acted as a catalyst in boosting the adoption of digital payments in the European Union. Lagarde expects the majority…
Price analysis 9/9: BTC, ETH, XRP, LINK, BCH,…
The short-term gyrations in crypto and stock prices are usually based on sentiment and technicals, while the long-term trends generally follow stronger underlying fundamentals. Therefore, if the fundamentals do not weaken, smart investors view short…
Price analysis 9/7: BTC, ETH, XRP, LINK, BCH,…
Corrections are healthy for the strength of an uptrend because they shake out the excess exuberance and provide an opportunity to the traders who missed the bus earlier to make an entry at lower levels.…
Price analysis 9/4: BTC, ETH, XRP, LINK, BCH,…
The Nasdaq, S&P500 and Dow all corrected sharply on Sep. 3 and opened today with additional downside, suggesting that traders are rushing to the exit. Bitcoin (BTC) and several other major altcoins have also witnessed…
Price analysis 9/2: BTC, ETH, XRP, LINK, BCH,…
The U.S. stock market continues to hit new all-time highs while gold, which acts as a safe haven asset has retreated from it's all-time highs. This suggests that there sentiment is to own risky assets.…
Price analysis 8/31: BTC, ETH, XRP, LINK, BCH,…
The U.S. stock market is on track to clock its best August performance since 1984. Meanwhile, Bitcoin (BTC) is attempting a positive close for the month, after having declined consecutively in August 2018 and 2019.…
Litecoin Price Holds Strong at $60: A Bullish…
Litecoin started a steady recovery wave from the $53.50 and $54.00 support levels against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There…
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH,…
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that…
Price analysis 8/26: BTC, ETH, XRP, LINK, BCH,…
On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation to overshoot…
Price analysis 8/24: BTC, ETH, XRP, BCH, LINK,…
The coronavirus pandemic has forced people to change several social behavioral habits. Along with maintaining social distance from one another, people are also averse to using notes, coins or cards as they might transmit COVID-19. …
Price Analysis 8/21: BTC, ETH, XRP, BCH, LINK,…
Rich Dad Poor Dad author Robert Kiyosaki believes that Warren Buffet’s recent closure of his bank stock positions is a warning sign that the world might be starting a “major banking crisis.” Therefore, Kiyosaki suggests…
Price Analysis 8/19: BTC, ETH, XRP, LINK, BCH,…
Bloomberg Intelligence senior strategist Mike McGlone is bullish on Bitcoin (BTC) as he believes that “something unexpected needs to happen for Bitcoin's price to stop doing what it's been doing for most of the past…
Litecoin Could Be Next In Line For Surge:…
Litecoin started a steady increase above the $50.00 and $60.00 resistance levels against the US Dollar. The price traded as high as $68.92 and it is currently correcting gains. There is a crucial bullish trend…
Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH,…
Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold…
Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH,…
Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. The correction in…
Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH,…
On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve with Bitcoin (BTC). The company’s CEO Michael J. Saylor believes…
Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK,…
Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities. This is because a trade that follows the major trend carries a greater possibility…
Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV,…
The U.S. Federal Reserve has been contemplating a change in the way it responds to a possible increase in inflation. Previously, the Fed would kickstart tightening if its models forecast a 2% inflation increase. However,…
Analyst Expects Pain for Litecoin as It Paints…
Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which,…
Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV,…
Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year. This is a 600% increase over the comparable quarter in the previous year. This…
Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV,…
August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark. A fall of such magnitude usually drives…
Top 5 Cryptocurrencies to Watch This Week: BTC,…
Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start. Yusuke Otsuka, the co-founder of Japanese crypto exchange Coincheck, said that several Japanese traders…
Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV,…
Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should…
Price Analysis 7/29: BTC, ETH, XRP, BCH, BSV,…
Bitcoin (BTC) trading volumes in spot and derivatives markets have been surging since the digital asset rallied above the $10,000 level earlier this week. Bakkt reported record Bitcoin futures volume on July 28 and 29, which…
Price Analysis 7/27: BTC, ETH, XRP, BCH, BSV,…
Gold made a new lifetime high today, eclipsing the previous high made in 2011. This is possibly the result of investors buying the asset as a way to hedge against the possible debasing of fiat…
Price Analysis 7/24: BTC, ETH, XRP, BCH, BSV,…
Bitcoin (BTC) has covered a considerable amount of ground over the past few years. Initially considered as an asset mostly used for unlawful activities, it has finally received the approval of the Office of the…
Price Analysis 7/22: BTC, ETH, XRP, BCH, BSV,…
Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the…
Price Analysis 7/17: BTC, ETH, XRP, BCH, ADA,…
Grayscale Investments recent Q2 report shows that the firm took in $905 million into Bitcoin (BTC) and other altcoins. In Q1 of this year, the inflow into various Grayscale products was $503.7 million. The sharp…
Price Analysis 7/15: BTC, ETH, XRP, BCH, ADA,…
The People’s Bank of China (PBoC) is rumored to be working with food delivery giant Meituan Dianping and ride-hailing application DiDi to test the digital yuan. Currently, Meituan Dianping is estimated to have more than…
Price Analysis 7/13: BTC, ETH, XRP, BCH, ADA,…
The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies. Along with this, a few stocks in the S&P 500…
Price Analysis 7/10: BTC, ETH, XRP, BCH, BSV,…
Veteran trader Peter Brandt believes that a new altcoin season is likely to start in the near future and he predicted that altcoins are likely to outperform Bitcoin (BTC) during this next run. In the…
Price Analysis 7/8: BTC, ETH, XRP, BCH, BSV,…
Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the top-ranked asset on CoinMarketCap, over…
Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV,…
The U.S. equity markets, gold, crude oil and the crypto markets are all up today. This shows that the U.S. investors have returned from the holiday weekend charged up and ready to buy assets to…
Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV,…
Tesla’s market capitalization has surged from about $76 billion at the start of 2020 to $224.18 billion at market close on July 2. This unending rally has also made it the largest car company in…
Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV,…
Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year. This shows that investors’ appetites remain strong as they are confident that central banks will…
Price Analysis 6/29: BTC, ETH, XRP, BCH, BSV,…
The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap…
Price Analysis 6/26: BTC, ETH, XRP, BCH, BSV,…
Grayscale Investments has been taking in Bitcoin (BTC) at a frantic pace. In the last week alone, the fund gobbled up 19,879 Bitcoin, which is way over the 7,081 Bitcoin mined during the period, according…
Price Analysis 6/24: BTC, ETH, XRP, BCH, BSV,…
Coronavirus cases are jumping across the world as nations reopen their economies and this raises the risk of a second wave which could slow down the current recovery in major markets. Global debt levels are…
Price Analysis 6/22: BTC, ETH, XRP, BCH, BSV,…
The current economic environment has made it difficult for pension funds to sustain their expected rate of return. The U.S. Federal Reserve has continued along the path of cutting rates to zero and it seems…
Price Analysis 6/19: BTC, ETH, XRP, BCH, BSV,…
Kraken crypto exchange CEO Jesse Powell has said that a large number of both retail and institutional investors have opened accounts with them. This shows that all types of investors are concerned about the current…
Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV,…
Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as…
Price Analysis 6/15: BTC, ETH, XRP, BCH, BSV,…
Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased during the sharp fall…
Price Analysis 6/12: BTC, ETH, XRP, BCH, BSV,…
The S&P 500 plunged 5.89% on June 11, its fourth-worst fall this year. This brought back memories of the sharp sell-off seen in March when investors dumped most asset classes as the coronavirus pandemic took…
Liquidations May Loom as Altcoin Bulls Hold Despite…
Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with a slight rally…
Price Analysis 6/10: BTC, ETH, XRP, BCH, BSV,…
About one-third of institutional investors surveyed by Fidelity said they have invested in digital assets. 25% of the survey participants said that they hold Bitcoin (BTC) and 11% confirmed that they hold Ether (ETH). While…
Price Analysis 6/8: BTC, ETH, XRP, BCH, BSV,…
The total crypto market capitalization was close to $270 billion on May 8 and currently, the metric stands at $275 billion. This suggests that the crypto markets have been largely stuck in a range for…
Price Analysis 6/5: BTC, ETH, XRP, BCH, BSV,…
The U.S. equity markets are on a tear as the traders cheer the largest jobs gain ever. This report has improved sentiment as it suggests that the blip in the economy due to the pandemic…
Litecoin Signaling Fresh Increase To $50: Here’s How…
Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar. The price is currently rising and it could surge if it clears the $48.00 resistance. There is a major bullish…
Price Analysis 6/3: BTC, ETH, XRP, BCH, BSV,…
Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look…
Price Analysis 6/1: BTC, ETH, XRP, BCH, BSV,…
The tensions between the U.S. and China have escalated once again. This is bad news for the global economy which is currently witnessing one of the worst crises since the Great Recession. If either the…
Price Analysis 5/29: BTC, ETH, XRP, BCH, BSV,…
Institutional demand for Bitcoin remains high, even as the price turned down after the block reward halving. Some in the space believe that if institutional and retail demand picks up, there will be a severe…
Price Analysis 5/27: BTC, ETH, XRP, BCH, BSV,…
Although Bitcoin (BTC) has weathered the current crisis and come out on top, Goldman Sachs only focused on the March 12 fall in a presentation to its clients. Using liberally interpreted information, Goldman appears to…
Price Analysis 5/25: BTC, ETH, XRP, BCH, BSV,…
Bitcoin (BTC) has neither run away nor plunged following its halving, which suggests that history might be repeating itself. After the first halving, the top-ranked cryptocurrency on CoinMarketCap moved up only by 7% after a…
Price Analysis 5/22: BTC, ETH, XRP, BCH, BSV,…
For some reason, Bitcoin (BTC) analysts never take the middle path. They either project that the price will go to the moon or warn of imminent doom. After surviving and thriving for over a decade…
Price Analysis 5/20: BTC, ETH, XRP, BCH, BSV,…
While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets…
Price Analysis 5/18: BTC, ETH, XRP, BCH, BSV,…
Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and investors are also closely watching…
Price Analysis 5/15: BTC, ETH, XRP, BCH, BSV,…
A month after the first halving, Bitcoin (BTC) moved up by 7% but following the second halving, the price slipped by 10% in a month. This suggests that if history were to repeat itself, the…
Price Analysis 5/13: BTC, ETH, XRP, BCH, BSV,…
History suggests that Bitcoin (BTC) halvings have led to massive bull runs. After the first halving in November 2012, the top-ranked cryptocurrency on CoinMarketCap surged 10,000% from late 2012 to 2014. The second halving that…
Price Analysis 5/8: BTC, ETH, XRP, BCH, BSV,…
Billionaire hedge fund manager Paul Tudor Jones has added Bitcoin (BTC) to his portfolio. In a letter to his clients, Jones said that the top-ranked cryptocurrency on CoinMarketCap was likely to play a similar role…
Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV,…
Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal,…
Price Analysis 5/4: BTC, ETH, XRP, BCH, BSV,…
Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. They anticipate that a rally…
Price Analysis 5/1: BTC, ETH, XRP, BCH, BSV,…
The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment is bullish. While…
Price Analysis 4/29: BTC, ETH, XRP, BCH, BSV,…
The Bitcoin (BTC) whales have not been perturbed by the sharp rallies or the waterfall declines in Bitcoin in the past three years. As Cointelegraph recently reported, some major whales have not moved their Bitcoin…
Price Analysis 4/27: BTC, ETH, XRP, BCH, BSV,…
Crypto traders seem to be approaching the Bitcoin halving without any fanfare. Bitcoin’s (BTC) price action has been marginally positive in the past few days but it has only recently overcome the sharp crash of…