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UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
24.1.2022
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Bitcoin records all-time high network difficulty amid price fluctuations
23.1.2022
Data from BTC.com estimates that the network will continue to grow stronger by attaining another ATH in the next 12 days — with a network difficulty of 26.70 trillion
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
22.1.2022
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week...
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market
21.1.2022
BTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market structure
3 wildest theories explaining $500B crypto market crash
21.1.2022
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off
Bitcoin’s transition to a risk-off asset will propel it to $100K in 2022, says Bloomberg analyst
19.1.2022
Mike McGlone, senior commodity strategist at Bloomberg, is convinced that Bitcoin’s transition to digital gold will propel it to new all-time highs in 2022
Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
19.1.2022
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane
Analysts warn that Bitcoin could dip to $38K 'before an eventual breakout'
18.1.2022
Bitcoin continues to struggle below $42,000 as extreme fear grips the crypto market and analysts hint at a drop to $38,000
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
18.1.2022
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says
Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
18.1.2022
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
18.1.2022
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress
Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ move
17.1.2022
BTC price is back in a free fall as the price drops to $41,600, but analysts are still holding out for “one more upward impulse” move
JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year
15.1.2022
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher. What JPMorgan’s Clients Expect the Price of Bitcoin to Be...
Analysts expect turbulent Bitcoin price until $46,500 flips to support
13.1.2022
Traders say “stay calm” but also expect further whipsaws in BTC price until $46,500 flips to support and marks a higher time frame trend reversal
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
13.1.2022
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
13.1.2022
“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank
Swiss Bank Seba Predicts Bitcoin Could Hit $75K This Year Boosted by Institutional Investors
13.1.2022
Regulated Swiss bank Seba has predicted that the price of bitcoin could reach $75K this year. “Institutional money will probably drive the price up,” said the bank’s CEO. Seba Bank’s Bitcoin Price Prediction Seba Bank CEO Guido Buehler shared his bank’s prediction...
Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
13.1.2022
3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022