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Bitcoin: Fundstrat’s Tom Lee places the onus of BTC crash on futures
Bitcoin has seen a major downfall in its market strength over the past week with a drop of about 20% in its price. According to Thomas Lee, the Head of Research at Fundstrat Global Advisors, this steep plunge is due to the expiration of futures contracts linked with Bitcoin [BTC] on Cboe and CME. Lee […] дальше »
2018-6-17 07:20 | |
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June 15 Price Analysis of Bitcoin, Others
In a study, Fundstrat’s head of research Thomas Lee noted that Bitcoin declines about 18 percent, leading to the Bitcoin futures expiration on the CBOE. So, if the theory holds good this time, we should see a recovery in Bitcoin from next week. дальше »
2018-6-16 05:35 | |
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SEC makes major Cryptocurrency Announcement – Analysts React
Today, after nearly a decade of debate, the SEC announced that both bitcoin and ether are not securities. The SEC’s head of the Division of Corporate Finance, William Hinman, delivered the news at the San Francisco Yahoo All Markets Summit earlier today, garnering excitement from the crypto market and an immediate increase in the price […] дальше »
2018-6-16 22:27 | |
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Bitcoin Price Drop Caused by Futures Expiration, Tom Lee Says
Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the market’s first and foremost cryptocurrency was the result of futures contracts expiring. дальше »
2018-6-15 16:00 | |
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The weak link in Bitcoin is from Future Expiration says Thomas Lee of Fundstrat.
According to Fundstrat head of research Thomas Lee, the recent decline in Bitcoin (BTC) price is likely the result of the expiration of Bitcoin futures, Bloomberg reports June 14. In a report, Lee explained that the “gut wrenching” weakness in Bitcoin (BTC), which dropped upwards of 20 percent earlier this week, was the result of дальше »
2018-6-15 06:54 | |
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Litecoin (LTC) All Set To Break Past $100 Mark
Litecoin (LTC) has been going through a rough patch for the past few months as the price nosedived from a euphoric high of $366 to $88. For the past few months, the price has traded closely in a well defined triangle with a support line passing through the $88 mark. дальше »
2018-6-14 22:30 | |
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Ethereum Price Analysis: ETH/USD Faces Tough Challenge
Key Highlights ETH price crashed and declined toward the $440 level recently against the US Dollar. There is a declining channel in place with resistance near the $480 level on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2018-6-14 06:28 | |
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