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Analysts Think the U.S. Dollar May Bottom—and That’s Bad for Bitcoin
Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U. дальше »
2020-8-22 11:00 | |
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Is Bitcoin Really In a Bull Market? Here’s Why Analysts Think BTC Isn’t
Bitcoin has done extremely well over the past few weeks. Since the start of July, the leading cryptocurrency has gained approximately 30% against the dollar, outperforming a majority of other macro assets. дальше »
2020-8-16 03:00 | |
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What Analysts Are Thinking After Chainlink (LINK) Jumped Another 15%
Chainlink (LINK) is exploding higher once again. In the past 24 hours, the leading altcoin has surged 12. 33% against the U. S. dollar, outperforming Bitcoin’s 0. 5% performance. At the $19. дальше »
2020-8-16 23:00 | |
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US Dollar Could See Bearish Reversal: Is A Bitcoin Reckoning Coming?
The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […] дальше »
2020-8-8 00:00 | |
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Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve Currency
Coinspeaker Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve CurrencyAs Goldman Sachs analysts have explained, one of the main factors to foster gold price's further rise is concern over the US dollar's global standing as a reserve currency. дальше »
2020-8-3 13:59 | |
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XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst
Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. дальше »
2020-8-3 13:00 | |
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Gold Rally Peaks: 5 Reasons Bitcoin Will Likely Outperform The Precious Metal
Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals. дальше »
2020-7-30 04:00 | |
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Goldman Sachs Says Dollar in Danger as Investors Flee to Safe Havens
The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy. дальше »
2020-7-29 21:21 | |
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Chainlink Prints Harrowing Reversal Sign After 500% Rally from March Lows
One of the best-performing crypto assets over the past month has been Chainlink (LINK). From the March lows to the recent highs, the asset has rallied approximately 500% against the U. S. dollar. дальше »
2020-7-25 04:00 | |
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US Dollar May Plunge: Macro Analyst Explains Why That’s Crucial for Bitcoin
For the longest time, Bitcoin was seen as an asset that is independent of the movements of traditional markets. But, the pandemic struck. It has dramatically altered the state of the global economy, with analysts now arguing that BTC’s directionality is dependent on certain markets. дальше »
2020-7-18 04:49 | |
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US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. дальше »
2020-7-9 22:15 | |
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Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report
According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […] дальше »
2020-5-24 21:24 | |
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Analyst: U.S. dollar may soon “break,” giving Bitcoin potential to pass $100,000
While many Bitcoin investors want the value of the U. S. dollar (USD) to crash more than anything in the world, right now, this is not the case. In fact, analysts say that the safe-haven dollar is poised to strengthen as the ongoing recession continues to ravage global markets. дальше »
2020-5-7 19:00 | |
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Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. дальше »
2020-4-24 20:25 | |
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Coronavirus-Marred Markets Have Analysts Speculating Best Investment Reentry
In spite of a strong start to the year, March has left most markets badly shaken due mostly to the Coronavirus outbreak. Notable exceptions are safe-haven assets such as gold and US Treasuries, as well as the price of the dollar. дальше »
2020-4-8 01:10 | |
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Could Bitcoin Benefit from a Weaker U.S. Dollar?
Bitcoin may be primed to take off as analysts suggest that the dollar is about to lose its strength. A weaker dollar would be a positive sign for risk-assets like...The post Could Bitcoin Benefit from a Weaker U.S. Dollar? appeared first on Crypto Briefing. дальше »
2020-4-1 11:30 | |
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A major crypto scam’s Bitcoin is moving and if history repeats, it may start a correction
A Chinese multi-billion dollar scam known as PlusToken is moving their holdings of Bitcoin once again. In 2019, when the price of BTC dropped to the $6,000s, analysts attributed the fall to the dumping of funds by the fraud. дальше »
2020-2-11 14:50 | |
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Key Bitcoin Sell Signal Flashes: Here’s Why Analysts Aren’t Concerned
Since hitting $6,800 over a week ago, Bitcoin (BTC) has exploded higher, registering massive gains against the U. S. dollar as bulls have made their presence known in this new year. At the recent rally’s peak, the price of the leading cryptocurrency was $8,450, up some 25% from the bottom. дальше »
2020-1-12 13:05 | |
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Dow Rallies as Analysts Predict Rough 2020 For The U.S. Dollar
The Dow Jones rallied on Friday as Boeing (NYSE: BA) stock firmed and the euro rose, crushing the US dollar as bullish 2020 forecasts swirl. The post Dow Rallies as Analysts Predict Rough 2020 For The U.S. Dollar appeared first on CCN.com дальше »
2019-12-29 23:07 | |
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Bitcoin Price Sneaks Past $10,000 – Are Bears Really Losing Momentum?
Overnight, the bitcoin price recovered beyond $10,000, achieving $10,172 at the day’s highest point against the U. S. dollar. Technical analysts have said that bears and sellers in the market may be losing momentum as bitcoin nears its monthly support. дальше »
2019-8-1 15:47 | |
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Bitcoin Price Recovers 20% to Break $11,000; Pullback Done, Huge Rally Next?
Within a week, from June 26 to July 2, the bitcoin price fell from $13,868 to $9,651, recording a 30 percent pullback against the U.S. dollar. Technical analysts have expressed optimism towards the swift recovery of bitcoin from a large pullback as the dominant crypto asset has shown a change in trend within a short […] The post Bitcoin Price Recovers 20% to Break $11,000; Pullback Done, Huge Rally Next? appeared first on CCN Markets дальше »
2019-7-3 11:33 | |
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Tether continues to dominate money flow into Bitcoin as the U.S Dollar follows suit
Bitcoin’s spectacular surge has been the talk of the town, with many analysts and researchers expecting the cryptocurrency to climb to even greater all-time highs. According to a recent analysis, the real reason for Bitcoin’s climb can be attributed to cryptocurrency traders and maturing market fundamentals, and not the introduction of Facebook’s cryptocurrency, Libra. дальше »
2019-6-26 22:30 | |
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Australia: Cryptocurrency unlikely for retail payments, Facebook or not
The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way. дальше »
2019-6-20 12:38 | |
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JPMorgan analysts: institutions driving meteoric Bitcoin rally
The price of Bitcoin surged from $7,000 to $9,275, up more than 20 percent against the U. S. dollar, within a seven-day span between June 11 and 18. Analysts from JPMorgan attribute the recent upside movement to rising institutional demand, according to a report obtained by Zerohedge. дальше »
2019-6-18 04:55 | |
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Bitcoin Price Reclaims $8,200 as Trade War Intensifies Bullish Demand
By CCN Markets: In the past four days, the bitcoin price has increased from $7,630 to $8,240 by nearly eight percent against the U. S. dollar as other major crypto assets such as Ethereum and Litecoin recorded large gains. дальше »
2019-6-14 12:53 | |
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Bitcoin Price Sinks to $7,500 as Analyst Predicts Further 30% Plunge
By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U. S. dollar in a minor pullback in the crypto market. Within the last seven days, the bitcoin price has fallen by over ten percent, which has led technical analysts in the crypto market to ponder about the possibility of an extended pullback despite the market’s positive macro landscape. дальше »
2019-6-10 09:33 | |
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Newsflash: Bitcoin Price Plunges 14% in Violent Spiral to $7,700 — Here’s Why
By CCN: In the past several hours, the bitcoin price has dropped from around $8,500 to $7,732, by nearly 14% against the U. S. dollar. A pullback for bitcoin was generally anticipated by technical analysts following its 130 percent year-to-date gain. дальше »
2019-6-4 09:05 | |
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BTC Price Up Nearly 50% Since US Congressman Urged to ‘Ban Bitcoin’
Bitcoin price came off its more than 12-month high to drop 2 percent May 29 but traders and analysts alike are proving the BTC bull-run is anything but over. BTC FOMO Signs Pervade Markets Data from cryptocurrency exchange Bitstamp showed Bitcoin circling $8540 Wednesday, having reached as high as $8908 earlier in the week. дальше »
2019-5-29 14:30 | |
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Bitcoin Price Surpasses $8,600 in Big Overnight Rally, Investor Eyes $28K
By CCN: Overnight, in merely minutes, the bitcoin price climbed from $8,000 to $8,600, unexpectedly recording a 7. 4% increase on the day. Prior to the run of bitcoin, technical analysts generally anticipated the dominant cryptocurrency to see a pullback following its 100% year-to-date gain against the U. дальше »
2019-5-27 02:00 | |
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Predictable Bitcoin Drop Snowballs to Major Cryptos Plunging 7%
By CCN: In the last 24 hours, the bitcoin price has dropped by around four percent against the U. S. dollar, leading major crypto assets such as ethereum, bitcoin cash, and XRP to drop by more than seven percent. дальше »
2019-5-23 11:36 | |
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Meteoric Crypto Recovery: Here’s What Triggered Bitcoin Price Above $8,000
By CCN: The bitcoin price has surged by seven percent in the past several hours from $7,300 to around $8,000 in major markets including the U. S. , demonstrating a strong recovery from its abrupt drop to $6,400. дальше »
2019-5-19 10:13 | |
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Bitcoin Price Jumps to $7,500 Proving the Only Way Is Up
Coinspeaker Bitcoin Price Jumps to $7,500 Proving the Only Way Is UpBitcoin price rallied significantly above $6,800 and $7,000 against the US Dollar. BTC seems to be following a nasty uptrend and analysts claim that it could even test $7,800 or $8,000 in the coming sessions. дальше »
2019-5-12 13:34 | |
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Mario Kart Tour could be Nintendo’s biggest smartphone win
Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be. дальше »
2019-4-25 20:11 | |
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Bitcoin’s [BTC] trillion dollar evaluation would propel other cryptos to achieve Store of Value [SoV] status, claims Pascal Thellmann
The cryptocurrency market underwent a minor bull run recently which collectively improved some of the major coins’ valuation. Bitcoin [BTC] was one of them, and the cryptosphere has been very optimistic about the coin’s future in the industry. дальше »
2019-4-23 00:30 | |
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Next Crypto Bull Run Might Drive Bitcoin Market Cap Over The One Trillion Dollar Mark
The market cap of Bitcoin at its highest level was about $330 million dollars and now currently sits at $94 million dollars. However, there are many crypto analysts who think Bitcoin has the capacity to go over the 1 Trillion dollar mark in the near future. дальше »
2019-4-21 18:21 | |
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Bitcoin Storms Back with 75% Gains, Cementing 2018’s Crypto Bottom
According to Peter Brandt, an experienced and widely recognized technical analyst, major crypto assets such as bitcoin has recovered by more than 75 percent since 2018 lows. Relative strength among major macro caps since Dec 2018 low pic. дальше »
2019-4-15 13:01 | |
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Russian Gold Stockpile Grows as Analysts Warn of Global Recession
Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt. дальше »
2019-3-22 23:00 | |
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Bitcoin Price Could Crash by 50% in 2019: Veteran Crypto Traders
Throughout the past week, the bitcoin price has increased from $3,901 to $4,048, by nearly 4 percent against the U. S. dollar. The relatively strong short-term performance of bitcoin led alternative cryptocurrencies to engage in large upside price movements, allowing the valuation of the crypto market to rise by about $7 billion. дальше »
2019-3-21 20:35 | |
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Ethereum Surges 13% Overnight;: Crypto Market Punching For a Strong Recovery?
In the past 24 hours, the Ethereum price has increased from $124 to $141 by 13 percent against the U. S. dollar. Analysts foresee a strong short-term recovery ahead as the crypto market shows momentum. дальше »
2019-2-18 10:16 | |
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Don’t Bet On Ethereum: Gamblers Switching to EOS, TRON
Blockchain analysts Diar looked at three competing platforms supporting dApps to find out how much dollar value each process, finding a mass exodus away from Ethereum to EOS and Tron, most of which was related to gambling. дальше »
2019-1-30 22:00 | |
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Cardano (ADA) Makes A Bullish Comeback As Price Finds Bottom Against Bitcoin (BTC)
Cardano (ADA) has finally touched the bottom of the pitchfork formation it has been trading in. The above chart for ADA/BTC on the daily time frame proves that sometimes it is best to let the market run its course rather than to enter a position and wish for a miracle to happen. дальше »
2018-9-19 18:30 | |
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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed
University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »
2018-9-13 18:07 | |
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Apple becomes first company to reach $1 trillion market value
Apple Inc. today became the first publicly listed US company valued at $1 trillion. The Cupertino company saw its stock surge nearly six percent yesterday after reporting better than expected earnings over the last quarter. дальше »
2018-8-3 18:58 | |
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Future Analysts Will Be Tested on Cryptocurrencies in New CFA Curriculum
As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams. дальше »
2018-7-16 20:42 | |
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