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Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next
27.7.2023
Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.
The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s...
CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
27.7.2023
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
The association, which provides credentialing for chartered financial analysts, found that 66% of its members in India and 70% in China...
Chinese, Indian investment professionals show strong support for CBDC in new survey
26.7.2023
The CFA Institute asked members around the world how they felt about CBDCs. Their responses might surprise the crypto community
Dogecoin Pulls Back as These Indicators Signal Conditions Overbought – But Here’s Why the DOGE Outlook Remains Strong
26.7.2023
After surging more than 10% on Tuesday, its biggest one-day gains since early April, Dogecoin (DOGE) has succumbed to profit-taking on Wednesday and was last trading around 3.5% lower.
Dogecoin hit its highest level since April on Tuesday around $0.084 as traders bid the meme coin up on hopes...
I Played The World’s Largest Donkey Kong Arcade Game And Lived
25.7.2023
You would never guess it, but The Strong National Museum of Play in the great, gray Rust Belt city of Rochester, New York houses the world’s largest operational Donkey Kong arcade machine. It’s almost 20 feet tall, says a press release from this spring, and intended to act as a “playful, whimsical...
Bitcoin Price Prediction: Bitcoin Stays Strong above $30,000 as Cathie Wood Offers Support
19.7.2023
The price of Bitcoin is currently trading at $30,095, experiencing a minor drop of less than 0.10% on Wednesday.
Despite this slight dip, Bitcoin remains resilient above the crucial $30,000 level, bolstered by the assurance from Cathie Wood of further support for BTC.
Notably, US Congressman...
Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?
14.7.2023
SOL price rallied to a year-to-date high above $30, but Solana’s struggle with increasing its user stats call the current bullish momentum into question
Litecoin's Strong Performance Before 'Halvening' Fuels Optimism for Bitcoin Rally
11.7.2023
Bitcoin (BTC) investors are closely watching the performance of Litecoin (LTC), another proof-of-work token, as the flagship cryptocurrency gears up for its upcoming "halvening" event.
The term "halvening" refers to the protocol-backed reduction in rewards for miners who successfully solve...
Ethereum Price Prediction as ETH Builds Strong Support at $1,800 Level – When is the Next Leg Up?
11.7.2023
The Ethereum price has risen by 1.5% in the past 24 hours, with its move to $1,881 coming as the wider cryptocurrency market also sees a modest gain today.
ETH is now down by 3.5% in the past week but up by 7% in the last 30 days, with the altcoin holding firmly above the $1,800 support level...
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...
XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report
9.7.2023
The XRPL saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared to the same period last year
Bitcoin Price Prediction as BTC Builds Strong Support at $30,000 Level – Where is BTC Going Next?
8.7.2023
Bitcoin, the leading cryptocurrency, has been gaining momentum as it establishes a strong support level at $30,000. The recent insights from industry experts add an interesting perspective to Bitcoin's future.
According to Arthur Hayes, the former CEO of BitMEX, Bitcoin has the potential...
Ark Invest Report Reveals 70% of Circulating Bitcoin Supply Remains Unmoved for a Year
6.7.2023
In a newly published report by the American investment management firm Ark Invest, the leading cryptocurrency, bitcoin (BTC), has found support from “strong holders and improved institutional sentiment.” Ark detailed that during the month of June, the supply of bitcoin that has...
‘Bidenomics’ Agenda Struggles to Gain Support as Joe Biden’s Approval Ratings Plummet
4.7.2023
Over the past week, U.S. president Joe Biden has been engaged in discussions regarding his economic agenda, commonly referred to as “Bidenomics,” with the aim of establishing a strong groundwork for his 2024 reelection campaign. Emphasizing the potential to revive the cherished...
Surveys Reveal Strong CBDC Skepticism in Canada and UK
3.7.2023
Surveys conducted in Canada and the UK demonstrate that skepticism towards central bank digital currencies (CBDCs) is prevalent across the globe.
According to recent studies conducted by Trezor and WealthRocket, people in both Canada and the UK have reservations about embracing CBDCs as...
Biggest Movers: LTC Leaps to 15-Month Peak as DOGE Bull Run Continues
1.7.2023
After climbing by over 20% on Friday, litecoin extended gains to start the weekend, surging to its highest point in over a year. The move comes as momentum surrounding the token’s listing on EDX markets continues to grow. Dogecoin also recorded a strong start to the day. Litecoin (LTC)...
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
26.6.2023
BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat
SEC, CPI and a 'strong rebound': 5 things to know in Bitcoin this week
12.6.2023
Bitcoin faces a week full of potential price triggers — both up and down — as BTC price action drops below a major trend line
Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
5.6.2023
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said