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“The Next Crash Will Be Brutal!” Top Crypto Critic Peter Schiff Asserts After His Son Went All-In On Bitcoin
On Thursday, renowned cryptocurrency arch-critic, Peter Schiff, took to Twitter to lament Bitcoin’s growing influence on his family. Struck by the decision of his 18-year-old son, Spencer Schiff, who took an 8% interest loan off Coinbase to fetch some bitcoin into his asset satchel, Peter tweeted a hot swipe at HODlers by labeling his son’s […] дальше »
2021-6-20 20:21
The Missing Ingredient From A Full On Bitcoin Reversal
Bitcoin price is back around $35,000 and has failed to retake $40,000 despite several low timeframe reversal signals building. When looking back at past breakdowns following significant rallies, there could be a missing ingredient needed for a full on reversal, and it could have to do with the Bollinger Bands. All About The Bollinger Bands […] дальше »
2021-6-19 01:00
Bitcoin Top And Bottom Metric Reaches Historically Oversold Level
Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. дальше »
2021-6-19 01:00
“All The Way To $160K This Year” – Here’s Why Celsius CEO Is Upgrading His Bitcoin Price Target
CEO of Celsius Network, a leading crypto lending, and interest-yielding blockchain platform Alex Mashinsky has predicted that the price of Bitcoin looks on track to hit $160,000 by the end of 2021. Mashinsky supports his prognosis with recent events happening in the crypto community that saw El Salvador adopt Bitcoin as legal tender. He feels […] дальше »
2021-6-19 00:08
Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin – Who’s Next?
Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital. дальше »
2021-6-19 21:55
How Coca-Cola Losing $4 Billion Because Of Cristiano Ronaldo Vindicates The Cryptocurrency Market
The cryptocurrency market might have just been vindicated, thanks to the recent market reaction from Coca-Cola investors, which is suspected to have been fueled by Cristiano Ronaldo’s on-screen dismissal of the popular soft drink. дальше »
2021-6-19 21:15
Bitcoin’s High Volatility Becomes A Surprising Magnet For Investors: Are Price Fluctuations The New Bull Rally?
Bitcoin as a very volatile cryptocurrency has been a cause of worry for so many Bitcoin proponents and onlookers. Despite being the cryptocurrency with the largest market capitalization, and with more adoption rate than any other cryptocurrency at this time, Bitcoin still gives investors and traders reoccurring market scares, as prices continue to fluctuate by […] дальше »
2021-6-19 18:57
Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan
Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing’s wider clamp down on the bitcoin mining industry. дальше »
2021-6-18 16:55
Bitcoin Has 17 Months Left To Hit $250,000, Billionaire Tim Draper Tells Why
Sexagenarian Billionaire, Tim Draper, is doubling down on predictions that Bitcoin is on course to smash the quarter-a-million mark by the end of 2022. The strong Bitcoin proponent who rose to the ranks of a three comma senior citizen, courtesy of fruitful early investments in SpaceX, Twitter, Tesla, and Bitcoin is rooting for the apex […] дальше »
2021-6-18 14:55
This Bitcoin HODLer Metric Has Just Flipped Green For The First Time In 8 Months – Here’s What This Means
The long wait is over, or so it appears as Bitcoin holders prepare to set foot into a green zone after seven months of red hot drought. The earliest signs of a bullish rebound for Bitcoin were sighted on Glassnode’s on-chain metrics this week. дальше »
2021-6-18 14:03
TA: Bitcoin Trims Gains, What Could Trigger Fresh Drop To $35K
Bitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the near term. Bitcoin started a fresh decline from well above the $40,000 pivot level. дальше »
2021-6-18 06:08
Could The Golden Ratio Provide Clues To The Bitcoin Bottom?
Bitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the Golden Ratio. дальше »
2021-6-18 01:00
Ric Edelman: Bitcoin the Most Impactful Innovation Since the Internet, But There’s A Problem
Founder of Edelman Financial Engines Ric Edelman says that many financial professionals do not understand Bitcoin and other cryptocurrencies. This is despite them being educated, in business for a long time, and having more experience in finance, he said. дальше »
2021-6-18 23:22
The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin
This week’s Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news. дальше »
2021-6-18 23:00
Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele
Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »
2021-6-17 21:23
NASCAR Driver Landon Cassill’s Salary Will Now Be Paid In Bitcoin And Litecoin
NASCAR driver Landon Cassill has struck a racing deal that will see him become the first such driver whose entire salary will be paid in cryptocurrency. According to a report from NBC Sports, Cassill has signed a contract with the Voyager crypto brokerage that requires him to race in 19 events in exchange for digital […] дальше »
2021-6-17 20:38
Elon Musk Expresses Skepticism Over Kraken CEO’s Claim Of Bitcoin Being ‘Greener Than Critics Say’
Tesla/SpaceX CEO Elon Musk has long maintained that owning bitcoin is better than holding cash. But for him, the cryptocurrency’s success shouldn’t come at a great cost to the environment. Musk recently reacted to comments made by Kraken CEO Jesse Powell in a tweet. дальше »
2021-6-17 18:32
World Bank Snubs El Salvador’s Request For Help With Integrating Bitcoin
The World Bank has rejected a request from El Salvador for assistance with its Bitcoin adoption plans, reports Reuters. The World Bank, an international financial institution that offers loans and grants to low-income countries, on Wednesday cited “environmental and transparency shortcomings” of Bitcoin as the reason for its turning down the request from El Salvador […] дальше »
2021-6-17 16:25
Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards
Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »
2021-6-17 16:07
MicroStrategy Has Been On A Relentless Bitcoin Buying Spree, But Are They Really On The Right Track?
Business Intelligence software firm MicroStrategy has announced plans to purchase even more Bitcoin, a move that has brought the firm under the radar of many crypto analysts as the firm’s Bitcoin bank is already off the roof. дальше »
2021-6-17 15:21
Cardano Founder Charles Hoskinson Makes Compelling Case For Tesla Adopting ADA Instead of Bitcoin
According to IOHK CEO Charles Hoskinson, Tesla should ditch bitcoin en masse and instead turn to the world’s fifth most valuable token, Cardano (ADA). During a podcast by MIT researcher Lex Fridman, Hoskinson explained why he believes Cardano is far superior to bitcoin. дальше »
2021-6-17 09:11
TA: Bitcoin Dips From $40K, Here’s Why Uptrend Is Still Intact In BTC
Bitcoin price started a downside correction from well above $40,000 against the US Dollar. BTC is now trading near a major support at $38,000, where the bulls are currently active. Bitcoin started a downside correction after it failed to stay above $40,000. дальше »
2021-6-17 06:08
Bitcoin Bulls Reclaim Cloud But Stormy Days Still Ahead
Bitcoin price is struggling to hold above $40,000 and is now below it. On the three-day timeframe, the top cryptocurrency is also well back within the Ichimoku cloud, suggesting there’s more support now built below. дальше »
2021-6-17 23:00
Bitcoin Is Gearing Up To Pull A “2013 Style” Rally On The Market According To New S2F Data
Plan B, the pseudonymous creator of the Bitcoin stock-to-flow model, has taken to Twitter to present what could be one of the most bullish data to the Bitcoin community. Bitcoin could surge past $200k this year The stock-to-flow model, with which the creator and other Bitcoin proponents have relied on to predict the price of […] дальше »
2021-6-17 21:52
British Billionaire Alan Howard Making ‘Massive Moves’ Into The Crypto Space
Founder of Brevan Howard hedge fund Alan Howard has started offering cryptocurrency services to businesses and institutions through his company, Elwood. Following this investment, U. K. -based Elwood has now directly invested 1. дальше »
2021-6-17 21:38
TA: Bitcoin Consolidates Above Support, Here’s What Could Trigger Fresh Rally
Bitcoin price is trading in a positive zone above the $40,000 level against the US Dollar. BTC is likely to start a fresh rally if it clears the $41,200 resistance zone. Bitcoin remained in a positive zone above the $39,000 and $40,000 levels. дальше »
2021-6-16 06:08
Bitcoin Bull Trap: Bears Begin To Dig Claws Into Crypto Trend
Bitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices are reclaimed. Further adding credence to the theory of a potential bull trap, a trend strength indicator very clearly shows that bears are in charge, […] дальше »
2021-6-16 23:00
Bitcoin And Cryptos Are “Dangerous” And “Could Be Worth Nothing”, Bank Of England Boss Bailey Warns
Andrew Bailey, the Bank of England governor has said that the bank is focusing on stable coins which are backed by real-world assets and not on other crypto-assets which are “dangerous” and “could be worth nothing. дальше »
2021-6-16 21:44
Investing Icon Suze Orman Suggests Stacking Bitcoin For The Long Haul
Bitcoin price is now trading at around $40,000, up from virtually worthless just ten years ago. Even despite the law of diminishing returns, the nascent financial technology has enormous upside potential still. дальше »
2021-6-16 20:58
Fidelity Strategist Says Bitcoin Bottom Is In As Price Holds Above $40,000
The past month has been a frightening one for crypto investors around the globe. Bitcoin has, however, made a steady recovery in recent days after plunging from one of the biggest sell-offs in May. That begs the question: What comes next? No one can tell for sure. дальше »
2021-6-16 20:04
Bitcoin Left Out Of SEC’s 2021 Regulatory Agenda
The US SEC has tabled a plan on how it will regulate the market this 2021, but the conspicuous exception of Bitcoin and other cryptos from the regulatory agenda is turning heads. Many hoped that the crypto industry would somehow feature in the regulatory agenda, especially now that cryptocurrencies like Bitcoin have gone fully global […] дальше »
2021-6-16 19:08
MicroStrategy Intends To Sell $1 Billion Worth Of Shares To Purchase More Bitcoin
Publicly traded business intelligence firm MicroStrategy has filed with the U. S. Securities and Exchange Commission (SEC) to sell as much as $1 billion of its class A common stock, with part of the billion-dollar sum being used to buy more bitcoin. дальше »
2021-6-16 16:38
As Eth 2.0 Comes Into Fruition, Bitcoin Is Flocking To Ethereum At An Alarming Pace
Ethereum is currently dominating the cryptocurrency market in more ways than one. The network seems to be heading towards one of its most promising stages. Recently, there has been a significant drop in the gas price (Gwei) of Ethereum. дальше »
2021-6-16 16:24
Billionaire Tudor Jones Wants To Invest 5% Of His Portfolio In Bitcoin, But Michael Saylor Thinks His Investment Plan Is Flawed
Bitcoin appears to be headed back to previous highs in the wake of a few developments taking place this week. The world’s biggest cryptocurrency broke $40,000, with many expecting it to reclaim the surge that saw it priced as high as $64,829. дальше »
2021-6-16 16:08
TA: Bitcoin Signaling Upside Continuation, Why BTC Could Rally Further
Bitcoin price is showing positive signs above the $40,000 level against the US Dollar. BTC is likely to continue higher above $41,000 and $41,500 in the near term. Bitcoin started a fresh increase above the $38,500 and $40,000 resistance levels. дальше »
2021-6-15 06:08
MicroStrategy Is Ready To Splash Half A Billion Dollars On The Bitcoin Market
Michael Saylor’s MicroStrategy is gearing up to invest nearly half a billion dollars in bitcoin following the close of its offering as it pertains to the sales of senior secured notes. Earlier this month, the company announced plans to sell with a view to funding additional investment in Bitcoin. The press release revealing as much […] дальше »
2021-6-15 00:06
Low Volatility Bitcoin Suggests “Massive Upside Still Ahead”
Bitcoin and other cryptocurrencies are notoriously volatile, as the recent May selloff was a violent reminder of. The ongoing market cycle has been a walk in the park compared to the rollercoaster theme park ride of past cycles, which according to capital manager Dan Tapiero could be a sign that the first ever cryptocurrency is […] дальше »
2021-6-15 23:00
Paul Tudor Jones: Bitcoin Is “100% Certain”
Bitcoin price is back to around $40,000 but whether or not the bull market is over or not isn’t yet certain. What is certain, according to Paul Tudor Jones, is the cryptocurrency itself. Not the asset or its price, but the underlying ironclad cryptographic code. дальше »
2021-6-15 22:34
Bitcoin At $50,000 Within Reach As Millions Of BTC Short Positions Set To Be Liquidated
Bitcoin is correcting gradually, and the market is rightfully excited. At report time, Bitcoin has raked in over 12% in daily gains, sending prices up to $40,641 while simultaneously clearing weekly losses, which at the peak of the bear market was all the way down to -30%. дальше »
2021-6-15 19:46
Bitcoin Could Hit Crazy Levels If Market Adjusts To New Exchange Inflows Pattern
The price of Bitcoin is dependent on many factors to remain afloat. Investment interest from big whales and institutional players have been driving the market’s bull run for the most part of this year. дальше »
2021-6-15 19:01
Tesla Will Reinstate Bitcoin Payments Once Green Energy Usage By Miners Reaches 50%, Elon Musk Reveals
Elon Musk, who has become an influential force in the cryptocurrency market, said in a tweet on Sunday that Tesla will resume accepting bitcoin as payment for purchases of its electric vehicles once the flagship crypto’s clean energy consumption reaches at least 50% level. дальше »
2021-6-15 07:44
TA: Bitcoin Prints Bullish Pattern, Why Dips Turn Attractive For BTC
Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. Bitcoin started a fresh increase above the $38,000 and $38,500 resistance levels. дальше »
2021-6-14 06:08
Dutch Finance Minister Opposes Government Bureaucrat’s Push To Completely Outlaw Crypto
Wopke Hoekstra, the Dutch minister of finance, is opposed to a blanket crypto ban. In an interview with Dutch publication RTL, Hoekstra argued that a ban on cryptocurrencies as proposed by top economic advisor Pieter Hasekamp, is not a good solution to the country’s current concerns about the nascent sector. In case you missed it, […] дальше »
2021-6-14 20:38
Blockchain.com’s Head Of Research Breaks Down State Of The Crypto Market And What’s Coming For Bitcoin
The month of May was not a great one for the world’s biggest cryptocurrency and June hasn’t shown significant signs of improvement, not to the casual observer at least. Bitcoin had reached highs of over $60,000 but experienced a 40% drop after Elon Musk announced his car-manufacturing company, Tesla, was suspending Bitcoin payments despite having […] дальше »
2021-6-13 16:23
Stock-to-Flow Creator Is Confident $288K Is Still In Store For Bitcoin — Here’s Why
Recently, the cryptocurrency market has been filled with doom and gloom. Yet, anonymous quantitative analyst PlanB is optimistic that his price prediction of $288K on BTC will come true within the next three years, even as bitcoin continues to struggle following last month’s 40% drop. дальше »
2021-6-13 15:13
Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin
The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is to crack down on “environmentally wasteful” decentralized cryptocurrencies like Bitcoin. She says cryptocurrencies […] дальше »
2021-6-13 00:31
Dutch Official Gives Reasons Why The Netherlands Should Ban Bitcoin In Its Entirety Immediately
Several people have poured their criticism on the call for the Netherlands government to ban Bitcoin and cryptocurrencies, as opinionated by Pieter Hasekamp, the director for Central Planning Bureau – a leading economic policy research institute in the country. дальше »
2021-6-12 14:01
Analyst Cites Massive Bitcoin Short Squeeze As Short Piling Begins
At press time, the cryptocurrency market is starting to recover losses from the last 48 hours. Although few altcoins are still struggling to remain in the green position, the large majority are slowly moving upwards. дальше »
2021-6-11 22:59
Trouble Looms For Bitcoin As U.S Looks to Bar Holders From Converting Crypto To USD
Bitcoin is still not free from criticism from the U. S government. The cryptocurrency which was recently branded as a threat to the country by the former president of the U. S Donald Trump has gotten a lot of backlash from members of the recently held 2021 senate banking subcommittee hearing. дальше »
2021-6-11 22:32
Why Reddit’s Co-Founder Is Moving More Of His Fortune Into Ethereum And Not Bitcoin
Alexis Ohanian, the co-founder of Reddit, has made some interesting revelations about where some of his million-dollar fortunes are being stashed in the cryptocurrency market. Ohanian, who was a guest at CNBC’s Squawk Box seems to share the same opinion as many other Ethereum supporters who believe that Ethereum is one of the most promising […] дальше »