Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31.
In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed more than $1 bln in Bitcoin payments in 2017.
According to BitPay’s Chief Commercial Officer Sonny Singh, the addition of Bitcoin as a payment method for Fundstrat will enable a global client base from Asia, Africa, and Latin America that “has been nearly impossible before” to access the firm’s content.
Earlier this summer, June 27, the Fundstrat’s Head of Technical Research predicted that the BTC downtrend that took place in June, would be reversed if Bitcoin could push through a resistance point of $6,300-6400.
Source: Cointelegraph Bitcoin Price Index Bitcoin, which broke $8,000 level last week and reached $8,483 July 25, is trading at $7,555 at press time, having lost around 7.5 percent over the week, according to Cointelegraph’s Bitcoin price index.
Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon.
Experts at Fundstrat are super bullish on Bitcoin. They see halving and a Bitcoin ETF as material catalysts. Bitcoin is already up roughly 80% versus the start of 2023. Bitcoin has had a massive rally since the start of this year but experts at Fundstrat are convinced it’s just a drop in the bucket compared […]
The post Bitcoin could hit $180,000 by April of 2024: Fundstrat appeared first on CoinJournal.
Bitcoin might need several months to recover from its recent crash, according to a recent report published by Fundstrat Global Advisors. Bitcoin Needs Time to Repair Serious Damage The technicals behind the Bitcoin price are not in good shape, as per Fundstrat’s report published yesterday, though the cryptocurrency has already surged over 13% since then.
Coinspeaker Bitcoin Will Recover But It May Take Months, Fundstrat Expert SaysThe crypto market played out well on March 19-20 amid the market crash, with Bitcoin (BTC) surging by almost 15% to climb back above $6,500.
Many argue that Bitcoin, since its inception, has by and large been uncorrelated to macro assets like equities, gold, and oil. This very fact has built the case for Bitcoin as a 'safe haven' asset - aThe post Bitcoin, a decent, but not a full hedge: Fundstrat's Lee appeared first on AMBCrypto.
The Bitcoin market is getting hotter and hotter now, so you can probably see fireworks soon and we’re not talking about the Fourth of July. According to a recent tweet made by Thomas Lee, one of the members of Fundstrat Global Advisors, you can bet that we’ll see some fireworks in the Bitcoin market pretty […]
Fundstrat’s Lee Extremely Bullish on Bitcoin As news of Facebook’s Libra broke, every mainstream outlet began to cover it and Bitcoin (BTC) in general. So, it comes as no surprise that this morning, CNBC “Futures.
By CCN Markets: Independent research firm Fundstrat Global Advisors has great news for litecoin and bitcoin enthusiasts. Technical analysis carried out by the firm indicates that most of the cryptocurrencies are set to go on a bull run, and investors should start buying them.
Bitcoin Looks Bullish, According to Fundstrat After 14 months of brutal bear market conditions, data and other pieces of evidence are finally starting to accentuate that Bitcoin bulls are taking control of the BTC price.
Why Bitcoin Could Head Higher, According To Tom Lee Bitcoin (BTC) surged past $5,000 mere weeks ago, and Tom Lee, the head of research at Fundstrat Global Advisors, wants back in on the crypto space.
Thomas Lee, CEO of the New York-based research company Fundstrat Global Advisors, is in the news after he claimed that the fair price of Bitcoin [BTC] should be $14,000. In a recent interview with CNBC, Lee spoke about the latest Bitcoin rally that breached the $5,000 mark and the factors that propelled it.
Bitcoin Hasn’t Been This Oversold In Years As Bitcoin is seemingly teetering on the edge of an abyss, analysts have sought to discern how BTC is advancing from a technical analysis standpoint.
Fundstrat’s Tom Lee has always been one of Bitcoin’s biggest bulls. For several months, despite the wavering price of…
The post Fundstrat’s Tom Lee Bullish on Bitcoin, Believes BTC Could Still End the Year at $25,000 appeared first on Invest In Blockchain.
Forever the cause of feverous speculation, the institutional opinion of Bitcoin seems to stand as the yardstick for price projection. For all of Wall Street’s supposed secrecy, however, a survey finds the prospective market-makers to be more bullish than their retail counterparts.
Long term, prices could then fall much further towards the bottom end of Bitcoin’s multi-year upward trend channel, which began in 2016. Such behavior would mimic Bitcoin in 2014, Fundstrat says — echoing similar conclusions made last week from cryptocurrency trading analyst Tone Vays. $ 25k Still In Play For Lee Since publishing the warning,
The price of Bitcoin may be heading down to $3200, new research has warned — as the first and foremost cryptocurrency fails to find support at its April lows of $6450. The Bigger Picture In a detailed transaction analysis released June 13, Fundstrat Global Advisors concluded that — due to the lack of support — BTC/USD could hit February’s $6900 low before rebounding and subsequently falling further to somewhere between $5000 and $5500.
According to experts at Fundstrat, the price drop of Bitcoin to below $7,000, a two-month low, indicates that the coin will have a difficult time recovering in the short-term. Bitcoin Uptrend Coming Robert Sluymer, technical strategist at Fundstrat Global Advisors believes that $7,777 is the key level Bitcoin will have to reach to signal an.
Ведущий эксперт аналитической компании Fundstrat Global Advisers Том Ли по-прежнему утверждает, что курс bitcoin достигнет отметки в $25 тыс к концу этого года. Также он прогнозирует, что стоимость криптовалюты в следующем году не опустится ниже $14 тыс.
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For decades, sport has served as a powerful platform for advertising a wide range of goods and services, from everyday consumer products to luxury brands, from cars to food. Since 2022, however, the landscape of sports sponsorship has been reshaping dynamically, as sports organizations increasingly team up with crypto firms. This returning and rapidly evolving […]
Recent on-chain data shows a rise in XRP whale activity, with large holders increasing accumulation during recent price pullbacks. This increase in high-value transactions, now near a three-month high, suggests
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