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New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
Bitcoin and Ethereum Eye Recovery, Altcoins Stable
14.9.2021
uld eye a short-term recovery. ETH tested USD 3,150 and it is now trading above USD 3,300. XRP must clear USD 3,400 to start a steady recovery wave. ADA is facing resistance near USD 2.50 and USD 2.55
AMP Trades Negatively in the Short Term: Is It Failing?
10.9.2021
AMP was developed by crypto payments company, Flexa, founded in 2018 by a group of crypto enthusiasts. Flexa was initially funded by multiple ICOs under which it raised through large venture capital firms. After starting their operations in the United States with just Bitcoin, Ethereum, and Gemini...
Traders identify $51K as the key level for Bitcoin to overcome in the short term
3.9.2021
Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend
More US Crypto Investors To Hodl Than Eye Short-Term Profit
2.9.2021
Some 48% of surveyed US consumers declare they have invested in cryptoassets during the first half of 2021. Among those who have already bought crypto, 58% view it as a long-term investment, potentially supporting lower market volatility, while 43% plan to sell their crypto to make a short-term...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks
2.8.2021
Ether risks bearish exposure as ETH’s price rises against falling volumes, but three crucial on-chain indicators suggest a dissenting scenario
How to Boost Share Prices in Short Term? Buyback & Burns on the RISE
13.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Buyback is an interesting mechanism which helps companies use the unutilized currency to buy back its shares. While the concept has been around for a while, it was best utilized by Apple in the non-crypto...
Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...
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...
Bitcoin short-term setup is challenging, JPMorgan strategists warn
28.6.2021
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note
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...
3 reasons why Ethereum may underperform Bitcoin in the short-term
20.6.2021
Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors
Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
17.6.2021
A potential bounce in the BTC/ETH pair suggests Bitcoin will sprint past Ether in the next market rally
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop...
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
1.6.2021
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher
Another Usual Bitcoin Crash: Bear to Run Short-Term, Bull to Follow It
19.5.2021
The Cryptoverse insiders have tried to identify several causes for the latest bitcoin (BTC) fall that dragged the whole market down and it seems that history and arguments are once again repeating - many are bearish short-term and bullish long-term.
Today, BTC dropped below USD 40,000, and Crypto...
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Early Bitcoin bull market buyers are hodling strong, but short term trading increasing
6.5.2021
Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year
Kimchi premium collapses: Short-term top signal or a reset for Bitcoin?
7.4.2021
South Korea's Kimchi premium collapsed overnight, but it is likely not a sign of a short-term Bitcoin top