Search
Bitcoin, Ethereum Technical Analysis: BTC Fails to Breakout of $40,000 Resistance Level
15.3.2022
On the eve of tomorrow’s FOMC meeting, bitcoin once again failed to climb past its long-term resistance level of $40,000, as markets consolidated. Although prices moved away from recent support, upside momentum slowed as BTC neared its ceiling. As of writing, ETH was trading at its level...
Short term Bitcoin buyers transition to long term holders: Glassnode
15.3.2022
Although long-term coin selling saw a marked increase last week, HODLing is still the preferred strategy as more of the short-term supply is becoming long-term supply
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
What’s a ‘Long-Term’ Time Horizon for Crypto?
10.3.2022
Crypto is different from other investments. It’s still becoming clear who’s in it for the long haul, who sees it as a cash grab, and who’s investing due to FOMO
Technical Analysis: WAVES Almost 20% Higher to Start the Week, as FLOW Also Rises
7.3.2022
WAVES was once again trading higher, as cryptocurrency markets marginally climbed to start the week. Although the weekend’s red wave has not fully faded, FLOW was also able to move higher on Monday. WAVES WAVES rose for a second consecutive session to start the week, breaking out of...
Skybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-Term
7.3.2022
The founder of Skybridge Capital has doubled down on his $100K bitcoin price prediction. He also believes that bitcoin could reach $500K a coin in the long run. “But we’ve got some work to do here from a regulatory perspective,” he stressed. The executive also advised how...
Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks Support
6.3.2022
Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
5.3.2022
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency...
Crypto businesses will be rewarded over the long term, says Voyager CEO
1.3.2022
"Crypto is becoming more and more of a long-term safe haven for future generations," says Voyager Digital CEO Stephen Ehrlich
Bitcoin Mayer Multiple returns to July 2021 levels in fresh sign $37K BTC is a long-term buy
22.2.2022
An increasingly rare bull signal for investors comes after both the Mayer Multiple and Bitcoin price shed 50% versus November 2021
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...