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Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
5.2.2023
Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year...
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
3.2.2023
Bitcoin buyers may get a chance to "load up" below $22,000 on the back of employment statistics
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
29.1.2023
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023,...
Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics
28.1.2023
Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance
Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report
25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...
Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold
20.1.2023
Bitcoin's trading range is "well defined" on exchanges but there is scope for a further breakout to copy gold
Has Bitcoin Entered Its Next Bull Market Cycle? This Analyst Thinks It Might Have
18.1.2023
Bitcoin may be at the start of a bull market that could last another nearly 1000 days, according to chart analysis from the pseudonymous crypto-focused Twitter account @CryptoHornHairs. According to a chart shared by CryptoHornHairs on the 11th of January, Bitcoin is at the beginning of a near...
Bernstein Analyst - Institutions Need to Give Up on Zero Crypto Strategies and Start Allocating Now
18.1.2023
Brokerage firm Bernstein has advised institutions to dabble into crypto and give up their "zero crypto allocation" strategy.
In a research report on Monday, the asset manager said crypto is poised to pivot from a fat infrastructure thesis to a fat application thesis in 2023, laying...
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
17.1.2023
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets
More Than 65% of Oman’s Crypto Holders Are College Graduates — Study
13.1.2023
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates, a new study by Souq Analyst has found. According to the study’s findings, an overwhelming majority (90%) of Oman’s crypto holders are aged between...
Bitcoin price rallies to $19K, but analyst says a $17.3K retest could happen next
12.1.2023
Bitcoin price hit a year-to-date high near $19,000 as pro traders used leverage to propel the pump, but derivatives data hints at reasons for BTC price to retest $17,300
How to keep your crypto safe in 2023: a few tips from an analyst
9.1.2023
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
9.1.2023
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate...
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...
'Big move brewing' for BTC price? Bitcoin may stay flat, hints analyst
5.1.2023
The Bitcoin Bollinger Band "squeeze" is not a firm indicator of a breakout, says the metric's creator
Bitcoin analyst reveals new key levels as Ethereum price nears 3-week high
4.1.2023
Fresh Bitcoin support and resistance levels crystalize amid an "extremely tight" trading range while ETH price action sets multi-week highs
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
30.12.2022
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is...
Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023
30.12.2022
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head...
Silver and Gold — Precious Metals Stored Value This Year Outperforming Crypto Assets in 2022
26.12.2022
Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to increase a hair in value since last year, […]