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JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation
29.6.2021
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan...
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
20.6.2021
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto...
Altcoin Roundup: Market cycle analysis screamed 'take profit’ ahead of May 19 sell-off
11.6.2021
Even grandma was bullish on Bitcoin in April, but market cycle analysis shows it was past time to take profit
Bitcoin sell-off likely played a key role in boosting Gold's appeal
8.6.2021
Investors' appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market
3 on-chain indicators suggest the Bitcoin price sell-off is losing steam
31.5.2021
As Bitcoin price shows new signs of bullish momentum, data from various on-chain indicators suggest that the current sell-off is reaching an end
Guggenheim CIO Scott Minerd Predicts More Bitcoin Sell-Off but Remains Bullish Long Term
27.5.2021
The chief investment officer of Guggenheim, Scott Minerd, has predicted more sell-off for bitcoin. He also warned that it will take a while for the cryptocurrency to return to its previous highs. However, in the long term, Minerd has predicted that bitcoin’s price could rise to $600K. Bitcoin...
China Halts Bitcoin, While the Bitcoin Sell-Off Resumes
24.5.2021
The Bitcoin industry on the weekend had a roller-coaster ride. While the Bitcoin sell-off continued over the weekend, it fell below $32,000, the lowest price since the start of the year. Meanwhile, the mining operators in Huobi Mall and BTC are working towards the suspension of crypto in China....
Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
22.5.2021
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz...
Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’
21.5.2021
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller...
ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
20.5.2021
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto...
Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy
19.5.2021
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. Louis. Crypto...
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
17.5.2021
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000
Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
13.5.2021
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000
Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1
1.5.2021
Bitcoin Sell-off Postmortem: Euphoria Exhaustion & FUD Behind Massive Liquidations
19.4.2021
While no one clear reason is apparent for the sharp bitcoin (BTC) correction this past weekend, analysts do not seem to have been surprised, with some finding it "inevitable." For the cause behind the wave of liquidations, that made the sell-off even worse, many cite euphoria depletion...
Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation
7.4.2021
Retail traders have been using high leverage throughout the current bull market, but that's not the real reason for today's market-wide sell-off
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...
Altcoins sell-off after Bitcoin price rejects near its $58K all-time high
12.3.2021
Altcoins are witnessing a bout of profit-taking after Bitcoin price failed to push through its $58,300 all-time high this week
Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak
12.3.2021
A return to the peak of the 2017 bull market could signal “major macro highs” for Bitcoin, but this time, institutions are here, says analyst Philip Swift
Big Tech sell-off and rising Treasury yield pin Bitcoin price below $50K
5.3.2021
A sharp spike in the 10-year U.S. Treasury yield and an extended Big Tech sell-off is weighing on cryptocurrency prices as investors flee risk-on assets