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“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range

Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […] дальше »

2020-7-6 12:32


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Bitcoin Whales Back On The Pitch With Billion-Dollar Moves

A Bitcoin whale has reportedly transferred nearly $1 billion worth of Bitcoin to a Bitstamp account while paying less than $1 in fees. Revealing details from the transaction, a Bitcoin block bot revealed that the 101,857 BTC transaction, which is currently $925 billion according to today’s market price, only attracted $0.48 in fee charge. This whale […] дальше »

2020-7-6 00:11


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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […] дальше »

2020-7-3 23:00


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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […] дальше »

2020-7-3 21:00


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Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021

Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »

2020-7-2 09:50


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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »

2020-7-2 02:00