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Key Ethereum price metric signals pro traders are skeptical about $2K ETH
18.2.2021
Data suggest retail traders are over-optimistically using leverage to long Ethereum, whereas pro traders remain skeptical about ETH’s short-term prospect of reaching $2,000
NFTs Gaining Traction Around the World as Key Milestone Is Met
17.2.2021
A fragment of “EVERYDAYS: THE FIRST 5000 DAYS” by Beeple. Source: A screenshot, onlineonly.christies.com
The year is still young, but it is already promising to be a bumper 365 days for the growing non-fungible token (NFT) industry, with breakthroughs in the UK, North America, Japan and beyond.
In...
Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
17.2.2021
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult...
Key Bitcoin price metric signals traders are positioned for $50K BTC
13.2.2021
A key Bitcoin price metric is signaling that top traders are comfortably positioned and expect BTC to secure the $50,000 level in the short term
Bitcoin whale clusters pinpoint $44,214 as the key near-term price level
11.2.2021
Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally
Bitcoin and Ethereum Hold Key Support, Altcoins Surge
8.2.2021
Bitcoin price started a downside correction from well above USD 40,000. BTC declined below the USD 39,200 support level, but it was well bid above USD 37,500. It is currently (05:00 UTC) trading above USD 38,000, but it is facing hurdles near USD 39,200.
Similarly, ethereum corrected more than...
Founder of Crypto Scam Promoted by Actor Steven Seagal Charged — Key Member Arrested in US
3.2.2021
Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to...
Bitcoin and Altcoins Respond To Key Uptrend Support
28.1.2021
Bitcoin price declined further below USD 30,000, but the bulls prevented heavy losses below USD 29,200. BTC started a steady recovery above USD 30,000 and USD 30,500. It is currently (13:00 UTC) trading above USD 31,000 and the bulls seem to be aiming for a test of USD 32,000.
Similarly, most major...
2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
26.1.2021
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday's $4.9 billion BTC futures expiry
Pragmatism: The true key to unlocking crypto mass adoption
26.1.2021
Let’s double down on making crypto accessible and usable for real people
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
Key metrics show this week’s $4B Bitcoin options expiry favors bulls
24.1.2021
A record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand
At Least One Key Huobi Executive Is In Custody in China: Sources
22.1.2021
The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year
Bitcoin and Altcoins Try to Recover, Key Hurdles Nearby
22.1.2021
Bitcoin price formed a support base above USD 30,000 and started recovering. BTC broke the USD 30,500 and USD 31,200 resistance levels. It is currently (13:00 UTC) approaching the USD 32,500 resistance, where the bulls might face hurdles.
Similarly, most major altcoins are recovering higher....
3 key reasons why Polkastarter (POLS) price rallied 500% since December
19.1.2021
New partnerships, interest in initial decentralized exchange offerings and the success of Polkadot back Polkastarter’s impressive 500% rally
Grayscale holds the key to Bitcoin hitting $40K, says JPMorgan
18.1.2021
The BTC price is at a crucial inflection point, according to JPMorgan strategists
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....
Crypto is going public: Timing is key as Bakkt secures NYSE listing
15.1.2021
As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future
Bitfinex & Tether in Focus amid Key Milestone in NYAG Probe
15.1.2021
Source: iStock/standret, Cryptonews.com
Today is the date on which the injunction placed on related major crypto companies Bitfinex and Tether by the New York Attorney General (NYAG) expires, and it is also the deadline for both companies to hand over any remaining financial documents tied to...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
14.1.2021
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of...