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UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
22.12.2020
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate...
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
22.12.2020
JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...
Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price
19.12.2020
Analysts debate whether the U.S. Treasury Secretary’s new rule about self-custodied wallets could place the current bull run in peril
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...
Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts
14.12.2020
Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts
After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank
13.12.2020
Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin's surge
$50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally
5.12.2020
A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset
Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say
4.12.2020
'Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance,' according to Bloomberg
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...
Analysts say surging Bitcoin whale inflows heighten chance of BTC correction
3.12.2020
Bitcoin whale inflows are increasing as the price of BTC struggles to break past $19,500
Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin
30.11.2020
Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third...
Bitcoin’s All-Time High Price Rally Is Sustainable. Analysts Explain Why
30.11.2020
After bitcoin's price hit its previous all-time high in 2017, it fell. Analysts explain why the latest rally will be different
Bitcoin analysts explain what's next in the aftermath of BTC plunging to $16.2K
28.11.2020
Analysts and traders discuss both bull and bear cases for Bitcoin after the BTC price plunged to $16,200
Bitcoin’s price correction may not be over, on-chain data analysts warn
26.11.2020
A bigger Bitcoin pullback or a consolidation might follow, analysts say, as the risk of whale sell-off remains
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
OKEx’s Withdrawal Suspension Isn’t Behind Bitcoin’s Rally: Analysts
23.11.2020
Bitcoin’s price has been up dramatically since OKEx's crypto withdrawal service suspension, yet it's not behind the price rally
More Institutions Are Buying Bitcoin, Say JP Morgan Analysts
23.11.2020
In their “Flows & Liquidity” report, JP Morgan analysts say institutions are piling into bitcoin at a stronger pace this quarter than they were in Q3 and may have a bigger role in price movement than quantitative traders
Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
22.11.2020
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell...
Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold
21.11.2020
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
20.11.2020
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold...