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JPMorgan: Bitcoin Still Overbought Despite Price Drop


Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks...

What Causes the Kimchi Premium? South Korean Experts Explain


Kimchi premium crypto price discrepancy is driven by a lack of South Korean corporate investment in Bitcoin, say South Korean experts. The post What Causes the Kimchi Premium? South Korean Experts Explain appeared first on Cryptonews

Global Markets Crypto Intelligence Debuts Crypto Price Index


A new crypto market price tracking index, the GMCI 30, debuted today. The joint venture created by The Block and Wintermute announced the launch of its GMCI 30 index, which tracks the price performance of the top 30 crypto assets. 1/ Crypto has a new benchmark ???? Tracking the performance of...

Hydro Crypto Token Price Manipulation Convict Gets Jail Term


A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...

Bitcoin ETF Approval Has Failed Investors, Says Bloomberg + More Crypto News


Source: AdobeStock / MMollaretti Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin ETF Approval Has Failed Investors, Says Bloomberg Reddit Mentions May Help Predict Crypto Price Changes...

“Bitcoin is Topping Out” – Jim Cramer Shifts Stance Within Days


Jim Cramer. Source: CNBC Financial analyst Jim Cramer says Bitcoin (BTC) is topping out amid recent gains recorded at the start of the year following optimism for the approval of a spot ETF by the Securities and Exchange Commission (SEC). Cramer, the host of CNBC’s Mad Money, speculated on Jan...

Tim Draper Expects Bitcoin Price to Hit $250,000 in 2024


Venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price forecast. “I would say that my number $250,000 will probably come pretty soon,” he emphasized, predicting that if the price of bitcoin hits $250,000, “it’ll go way past it.”...

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