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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To

Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […] дальше »

2020-6-24 23:00


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The Ethereum Investment Case Has This Unexpected Achilles’ Heel

With the next crypto bull run on the horizon, investors have speculated that Ethereum will be one of this cycle’s best investments. As reported by Bitcoinist previously, Chris Burniske, a partner at Placeholder Capital, said that he thinks Ethereum could rally to $7,500 in the coming years: “If BTC goes > $50,000 in the next cycle, and ETHBTC returns to its former ATH, then expect to see ETH > $7,500. To the mainstream ETH will be […] дальше »

2020-6-15 13:00


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Why Blockstream’s Adam Back Is Convinced Bitcoin Will Shatter $300,000 Even Without Institutional Investors

Blockstream CEO Adam Back is of the opinion that bitcoin will eventually cross the $300k mark even without the participation of institutional investors. Per Back, retail investors -who have been backing BTC even since its debut 11 years ago- will be enough to spark a rally that takes bitcoin to these heights as institutional investors […] дальше »

2020-6-3 16:50


Bitcoin Rally Driven By Eager Chinese Buyers, Key Data Shows

New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China. But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon? Indicator Shows Chinese Buyers Are Dominating Derivatives Bitcoin price may... дальше »

2020-5-22 23:00


Ethereum’s Macro Technical Structure Signals It Could Rally to $750 in Months Ahead

Ethereum’s immense weakness in recent times may not last for too much longer, as one technical structure suggests the cryptocurrency could be poised to rally higher One analyst is even noting that the crypto could surge up to highs of $750 if this structure plays out This comes as data shows that investors on cryptocurrency exchange platform Bitfinex may have been heavily accumulating ETH throughout the past several months Ethereum’s immense weakness seen throughout the […] дальше »

2020-5-19 02:00


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Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why

Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […] дальше »

2020-5-10 22:00


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Institutional FOMO Surging As Square’s CashApp And Grayscale Buy 52% Of Bitcoin Mined In Q1 2020

Estimated data shows that Grayscale and Square’s Cash App bought 52% of the total bitcoin minted in the first quarter of 2020. With the halving only four days away, many speculate that large retail and institutional investors could be looking to reap the benefits of the halving-related rally. Grayscale and Cash App Are Hungry for […] дальше »

2020-5-7 21:22


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Bitcoin Hits $9.4k on Halving FOMO, But Morgan Stanley’s Stunning Warning Threatens Rally

Bitcoin closed above $9,4000 on traders’ fear-of-missing-out (FOMO) sentiment over halving. But Morgan Stanley’s risk management head warned that FOMO is “not a good sign. ” The veteran recommends investors and traders to make a more defensive portfolio as the extent of the market damage remains unknown. дальше »

2020-5-7 08:54


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‘Bitcoin Has 50-50 Chance of Skyrocketing To $500K in August 2021’ — Pantera Capital CEO claims

Dan Morehead claims Bitcoin could skyrocket to hit upwards of $500K in 2021 due to the price action seen in previous halvings and bullish signals from indicators as we approach the halving date  In comments made to investors at Pantera Capital, the blockchain hedge fund, CEO Dan Morehead has predicted Bitcoin could rally above $500,000 more info… The post ‘Bitcoin Has 50-50 Chance of Skyrocketing To $500K in August 2021’ — Pantera Capital CEO claims appeared first on Coinjournal. дальше »

2020-5-6 13:03


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Here’s the Simple Reason Bitcoin May Not Set Six-Figure Highs Anytime Soon

There have been a plethora of lofty predictions circulating throughout the crypto industry regarding just how high Bitcoin could rally in the years ahead Although many investors are calling for a six-figure BTC in the near-term, one analyst is noting that the daily volume required to push the crypto into this region would be too significant The lack of organic money flowing into the market is another major factor that could stop these predictions from […] дальше »

2020-5-5 02:00


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Here are the Two Reasons Why Bitcoin Investors are Fleeing Exchanges

Bitcoin’s recent rally has closely coincided with a trend of investors fleeing exchanges It appears that the two primary factors behind this trend are degrading trust in centralized platforms coupled with more investors moving towards a long-term “hodling” strategy Either way, this trend does bolster Bitcoin from a fundamental perspective Bitcoin’s intense uptrend seen in the time following its mid-March meltdown has ushered in a significant influx of new capital to the market – a […] дальше »

2020-5-4 22:00


This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally

Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash.  According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control. BitMEX’s Funding Rate Signals Good... дальше »

2020-3-22 08:17