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BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says
21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...
Russian Analyst: Digital Ruble ‘Brings No Benefits’ for Ordinary Citizens
19.8.2023
A Russian analyst has claimed that the digital ruble, the nation’s CBDC, will bring no benefits to ordinary citizens.
The comments were made by Anastasia Tselykh, a special correspondent at RTVI in her most recent column for the media outlet.
The Central Bank launched a pilot this week, which...
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst
17.8.2023
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC's price — but not to six figures
Analyst predicts major liquidation for Ethereum while DigiToads stirs up investor mania
13.8.2023
Nicholas Merten, a well-known cryptocurrency specialist with over 500,000 subscribers to his YouTube channel DataDash, has recently voiced serious worries about Ethereum (ETH). He speculates that a large liquidation event may be imminent, hurting the cryptocurrency’s price. This anxiety stems...
Fundstrat’s $180K Bitcoin Price Prediction, Analyst Says World War III Already Started Citing BRICS, SEC Looks to Appeal Ripple Ruling — Week in Review
13.8.2023
A Fundstrat investor note has said BTC could hit $180,000 before the upcoming block reward halving in April 2024, and an Indian analyst thinks World War III has already begun, expecting the BRICS economic bloc to merge with the Shanghai Cooperation Organization (SCO). In other news, the United...
Bitcoin has bottomed despite 'astonishing' BTC price action — Analyst
12.8.2023
Bitcoin is due to offer nothing beyond "classic weekend chop," signs of change on BTC price charts continue to flow in
Bitcoin has bottomed despite 'astonishing' BTC price action — Analyst
12.8.2023
Bitcoin is due to offer nothing beyond "classic weekend chop," signs of change on BTC price charts continue to flow in
Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5% — Analyst
11.8.2023
Approval of spot Bitcoin ETFs in the United States will likely push the country's share of crypto ETF trading volumes even higher, says a Bloomberg analyst
Analyst Discusses US-BRICS Power Shift — Warns of Dollar Dominance Ending
9.8.2023
A think tank analyst says the U.S. dollar’s dominance may be coming to an end as countries position themselves for a new international system. “As the reliance on U.S. dollars diminishes, central banks will begin dumping their dollar reserves. This will result in hyperinflation, a spike...
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Crypto Analyst Highlights Germany's Economic Challenges and Its Surprising Implications for Crypto
7.8.2023
A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes.
According to Pechman, a further fall in Germany’s gross domestic product (GDP) will likely mean that the European Central Bank (ECB) will start easing...
Indian Analyst: World War III Already Started, BRICS Could Merge With SCO
6.8.2023
The president of a New Delhi-based think tank believes that World War III has already begun. He also anticipates the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) merging with the Shanghai Cooperation Organization (SCO). “A single merged organization will be much more...
Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
5.8.2023
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with the matter has verified to The Block that said...
Coinbase Bears Doubt Stock Can Rise Even After Beating Wall Street’s Estimates
4.8.2023
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said
Bitcoin Price Prediction as Crypto Analyst Says BTC Still on Track to Hit $100,000 by 2025 – Time to Buy?
4.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark.
Despite showing stability within a specific price range, it lacked significant buying interest as traders eagerly awaited the US Securities...
Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls
3.8.2023
The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell
ETF analyst raises spot Bitcoin ETF approval chances in the US to 65%
2.8.2023
The ETF analyst predicted that recent developments in the Ripple vs SEC case and the upcoming Grayscale lawsuit would be crucial to first spot Bitcoin ETF approval
Ex-Fed Policy Analyst's Paper: Stablecoins Present Lower Risk Than Traditional Bank Deposits
28.7.2023
Dollar-pegged stablecoins may actually be less risky to hold than traditional bank deposits, according to Brendan Malone – a former Federal Reserve Board analyst.
Now writing on behalf of technology research and investment firm, Paradigm, Malone argued on Wednesday that stablecoins are inherently...
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
27.7.2023
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper released by Paradigm
A Wall Street (Crypto) Analyst’s Take on ChainLink: Crypto Long & Short
26.7.2023
If the LINK token were a stock, here’s what an analyst might say