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Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’
19.3.2021
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer...
Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies
19.3.2021
One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded...
Here’s why Siacoin, Basic Attention Token and Linear (LINA) are soaring
19.3.2021
Exchange listings, bullish announcements and real-world use cases are driving Siacoin, Basic Attention Token and Linear price higher
Bitcoin bulls 'hold back’ as BTC’s monthly futures expiry approaches
18.3.2021
Bitcoin price briefly rallied above $60,000 but analysts say bulls are holding dry powder until after the March BTC futures expiry
Cardano’s $1B futures open interest shows ADA is a serious contender
18.3.2021
Cardano's Coinbase listing helped push the open interest on its futures contracts above $1 billion, a signal that investors are seriously interested in ADA
Everipedia (IQ) rallies 400% after an NFT collaboration with the Associated Press
18.3.2021
Everipedia price spiked to its highest level in years following the project's pivot toward NFT art
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
18.3.2021
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price
Kyber Network (KNC) gains 40% as its 3.0 network launch approaches
17.3.2021
Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors
High priced $80K Bitcoin options signal pro traders expect more upside
17.3.2021
Bitcoin's recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded
Price analysis 3/17: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH
17.3.2021
Select altcoins could move toward new highs if Bitcoin price continues to trade in a tightening range
Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher
17.3.2021
New partnership announcements and integrations with DeFi and cross-chain projects providing an extra boost to the price of Orbs, Dego Finance and Harmony
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...
Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K
16.3.2021
Terra (LUNA), Basic Attention Token and Cardano spiked to new highs as Bitcoin and Ethereum attempted to recover from their recent correction
Polkadot integration sparks rallies in REN, OCEAN and CELR price
16.3.2021
Projects facilitating cross-chain integration with the Polkadot ecosystem have rallied to new highs while the Ethereum network continues to struggle with high fees
Ethereum bulls enticed by $1,750 support and lack of ETH liquidations
16.3.2021
Ethereum miners and developers might be fighting over network upgrades but derivatives data shows investors are still wildly bullish
Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
16.3.2021
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders
Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin
16.3.2021
Ethereum exchange reserves are falling quickly with outflows hitting yearly highs and boosting market sentiment around ETH
Mizuho Bank Survey Says $24 Billion in US Stimulus Checks May Be Used to Buy Bitcoin
16.3.2021
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less...
Bitcoin bulls take a breather while BTC price slips below $55,000
16.3.2021
Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally
Gas tokens gain 300% as the quest for Ethereum network alternatives expands
15.3.2021
Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees