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Traders, analysts offer mixed reactions to El Salvador’s BTC announcement
6.6.2021
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum
Analysts See 'Seismic shift' In Bitcoin Mining Amid Chinese 'Crackdown'
24.5.2021
Bitcoin (BTC) could be in for a fresh battering this week after reports emerged that some mining pool players including HashCow and BTC.TOP, are reviewing their operations in China as a response to central government pressure on the mining sector, while some industry observers argue that this might...
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE
20.5.2021
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar...
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
18.5.2021
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink...
Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus
11.5.2021
Recent headlines in numerous publications claim the U.S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged...
Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
5.5.2021
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC
'The Most Honest Sh*tcoin,' Dogecoin, Will Survive Alongside Bitcoin - Analysts
5.5.2021
One of the oldest cryptocurrencies, created as a joke, dogecoin (DOGE), continues to rally, with financial services firm Galaxy Digital researchers attributing it partly to its honesty, simplicity, and self-awareness.
In their report titled 'Dogecoin: The Most Honest Sh*tcoin', Galaxy Digital...
Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
Keep Calm, Bulls Are Here, Say Analysts, As USD 19B Liquidated In One Week
23.4.2021
Options expiring, US tax speculations, China blackout, and the combination of these are blamed for the crypto market turning bloody today, to say the least - yet numerous insiders see this as just a necessary correction and expect that the bull market will continue, with bitcoin (BTC) possibly...
Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies
20.4.2021
Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs...
Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts
17.4.2021
South Korean analysts are continuing to debate the market value of Dunamu, the operator of the South Korean market-leading Upbit crypto exchange – as talk of the company seeking to make a listing bid on an American stock market intensifies.
As previously reported, industry insiders claim that...
Analysts say Coinbase listing represents a 'watershed’ moment for crypto
13.4.2021
Analysts say the impact of Coinbase listing on the Nasdaq will be overwhelmingly positive as it is the bridge legacy investors will use to tap into crypto
Ethereum Fees Decline as Analysts Point to Bots as Cause
13.4.2021
Ethereum (ETH) average transaction fees have plunged by as much as 50% in two weeks, falling from a fourteen-day high of USD 22.9 to a low of USD 11.4 on April 11, before increasing again. Analysts have pinned the fall on a shift in the types of bots used by traders, with flashbots replacing...
Early Investors Hodl Post-Tesla-Bitcoin Buy As Analysts Debate Hedge 'Myth'
29.3.2021
Source: Adobe/Сергей Шиманович
Over the past several days, prominent analysts have argued that more early investors are choosing to hodl bitcoin (BTC) at the moment, and that BTC is a measure of wealth, and while some say that it is a hedge against inflation, others call that narrative a myth....
Upbit Operator May Follow Coinbase with Nasdaq IPO Bid – Analysts
26.3.2021
South Korean analysts claim that Dunamu, the operator of the crypto exchange Upbit, could be heading for an initial public offering (IPO) – and, possibly inspired by Coinbase’s own IPO bid, may choose to launch on America’s Nasdaq exchange rather than a domestic alternative.
Per a report from...
Analysts still 'bullish on April’ despite Bitcoin price drop to $54K
24.3.2021
Pro traders and analysts view Bitcoin’s dip below $54,000 as another bullish buy-the-dip opportunity
Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...
Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’
13.3.2021
Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate
The $282 Million Awakenings: 120 Bitcoin Block Rewards from 2010 and 2011 Woke Up This Year
27.2.2021
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards...