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JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead
11.2.2022
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional...
Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks
10.2.2022
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender has added uncertainty about...
Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too
7.2.2022
While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible...
Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking
5.2.2022
Dorsey's Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
29.1.2022
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased...
NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes
26.1.2022
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose...
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
25.1.2022
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’
16.1.2022
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s...
North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’
27.12.2021
North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash....
Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term...
Tron Price Analysis: TRX Long-Term Technicals Deterioration!
22.12.2021
Tron is a global file-sharing platform that allows developers to build decentralized applications. It was founded in 2017 by Justin Sun, a tech entrepreneur. The centralized world is prone to misinformation and data manipulation, and it uses personal data for revenue generation. Have you ever...
Monster-Sized Bitcoin Whale Transfers: Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges
2.12.2021
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month...
Bitcoin cools from 1-week highs with key long-term metric echoing $44K
30.11.2021
A "bullish engulfing" enters on multi-day charts as BTC price action manages to preserve some of Monday's gains
Long-Term Bitcoin, Ethereum Holders Remain Confident, On-Chain Data Shows
23.11.2021
The important long-term holders (LTHs) of both bitcoin (BTC) and ethereum (ETH) are still optimistic about the near-term price moves of the two cryptocurrencies, according to on-chain indicators analyzed by Kraken Intelligence.
Despite hitting all-time highs earlier in November, both BTC and...
Long-term Bitcoin holders at multi-year high: Glassnode
23.11.2021
The analytics provider reported that long-term BTC holders are reducing their spending, and adding to positions
'Fear' returns to Bitcoin while long-term holders own just 3% of BTC unrealized losses
19.11.2021
Bitcoin price declines finally shake out "greed" among investors, according to the Crypto Fear & Greed Index
BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong
19.11.2021
A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours.
At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6%...
Long-Term Bitcoin Holders Continuing the Trend: Kraken Reports
1.11.2021
Kraken recently released its Shocktober report, revealing major information about Bitcoin. The report states that most BTC miners still maintain their original holdings even under adverse conditions. The one-year received supply of Bitcoin shows a granular view of long-term hold supply....
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
22.10.2021
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues...
'All bears will die' — Bitcoin metric prepares to flip green for the first time in 6 months
19.10.2021
The complex-sounding but insightful Long-Term & Short-Term Holder Realized Price Ratio is tipped to repeat its historical bull signal
Long-term Bitcoin bulls hodl strong despite five-month price high
12.10.2021
Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset