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Institutions Cautious of Buying Bitcoin (BTC) at Current Price Levels, Says JPMorgan

There could be more room for bitcoin’s (BTC) price to slide further down, JPMorgan opines. Bearish Mid-term Scenario for Bitcoin Bitcoin continues to slide down the price chart amid a wider market sell-off, and if Wall Street giant JPMorgan’s words are anything to go by, there could be more pain ahead for BTC holders. AccordingRead More дальше »

2021-6-27 21:00


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


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Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash

Guggenheim has registered a new fund with the U. S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling cryptocurrency Tulipmania. дальше »

2021-6-3 05:00


How Bitcoin “Black Thursday” Compares To This Weekend’s Flash Crash

Bitcoin is barely recovering from a bloody weekend. Trading at $56,767 with 2.8% profit in the daily chart and a 5.6% loss in the weekly chart, BTC’s price outlook might seem bearish. However, investor Nik Yaremchuck shared a fractal comparing Bitcoin’s worse period in 2020 and the weekend’s flash crash. As can be seen below, […] дальше »

2021-4-20 17:38