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Peter Schiff Says Bitcoin Still Has a Long Way to Fall — Values BTC at $10K
20.11.2022
Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX. He also believes that $10K is the real price of bitcoin, warning that “The lion’s share of the selling has not even started yet.” Schiff Predicts...
Robert Kiyosaki: I’m a Bitcoin Investor — When BTC Hits New Bottom, I Get Excited
13.11.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin dropping. “I am a bitcoin investor,” he said, adding that when the price of the cryptocurrency hits a new bottom, he gets excited. Robert Kiyosaki...
JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K
11.11.2022
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall...
‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up
25.10.2022
While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since...
Investment Strategist Discusses Bitcoin ‘Entering Unstoppable Maturation Stage’ — Says Price Should Continue to Rise
23.10.2022
Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price...
Kevin O’Leary Expects Bitcoin to Go up When Stablecoin Transparency Act Passes
17.10.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects the price of bitcoin to go up when the Stablecoin Transparency Act passes, which he believes could be soon after the November midterm elections. O’Leary emphasized that crypto cannot be stopped, stating: “You either join...
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade
7.10.2022
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which...
Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
19.9.2022
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin...
Robert Kiyosaki Warns of ‘Biggest Bond Crash Since 1788’ — Waiting to Buy Bitcoin at Lower Price
24.7.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times larger” than the stock market. He is waiting...
Deutsche Bank Predicts Bitcoin Rising to $28K by Year-End — Warns ‘Crypto Free Fall Could Continue’
1.7.2022
Deutsche Bank has predicted that the price of bitcoin will increase nearly 40% from the current level to $28K by the end of the year. The bank’s analysts also warned that “the crypto free fall could continue.” Deutsche Bank’s Bitcoin Price Prediction Deutsche Bank...
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More
29.6.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. He added that he will buy more if the cryptocurrency recovers from that price level. Robert Kiyosaki on Bitcoin Testing $1,100 The author of Rich Dad Poor...
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
25.6.2022
While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown...
Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K
17.6.2022
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
15.6.2022
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing...
PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End
14.6.2022
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm...
Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4
13.6.2022
The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4 for Bitcoin Financial advisory and asset management firm Devere...
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam
6.6.2022
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency...
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
3.6.2022
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds...
Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
2.6.2022
During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools...
JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
26.5.2022
JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with...