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Bitcoin Trades Sideways While Ethereum and Altcoins Rally


Bitcoin price formed a support above USD 35,000 and USD 35,500. As a result, BTC climbed higher above the USD 36,500 resistance, but it failed to gain strength above USD 37,200 and USD 37,500. It is currently (05:00 UTC) retreating lower, but the USD 35,500 zone could provide support. Also, there...

Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In


Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin...

Bank of America Predicts ‘Mother of All Bubbles’ for Bitcoin


Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin. Bank of America Warns of Huge...

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