Bullish Bitcoin Fundamentals Point to Renewed Price Rally Ahead

2021-2-2 15:42

Analysts cautioned that a stronger dollar could play spoilsport to any new push higher.

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Prominent Investors are Selling Bitcoin, Calling Recent Parabolic Rise “Unsustainable”

Bitcoin’s parabolic advance has finally come to an end, with bulls losing their footing following the recent break below $40,000 Its macro parabola could very well still be valid and in play, but it will require a firm and swift trend reversal in the near-term The entire market is reeling lower in tandem with Bitcoin, and investors widely believe that the ongoing descent could extend further This comes as one prominent Bitcoin investor from Guggenheim […]

2021-1-12 21:00


Top IMF Official Says Private Sector Could Play Pivotal Role in CBDC Development; Contrary to The Fed’s Take

A top executive at the IMF believes that the private sector could play a pivotal role in the development and integration of CBDC’s with existing financial ecosystems. Tobias Adrian, a Monetary and Capital Markets director & financial counselor at the IMF, shared these sentiments during the R3 sponsored “Building CBDC: A Race To Reality” conference […]

2020-7-27 22:31


Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy

Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […]

2020-7-27 22:00


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$500 Ethereum Price Back In Play, Says Analyst – Despite Growing Fear of Ethereum 2.0 Delay

Ethereum has for weeks now remained in a tight range. Where investors once profited from volatile price action every now and then, they have had to contend with marginal changes. Because of this, most traders have moved to other more action-ready coins such as Cardano’s ADA, Stellar’s XLM, and Chainlink’s Link. But could it be poised […]

2020-7-20 14:08


Three Ways the Coronavirus Market Correction Could Play Out

The coronavirus stock market correction arrived on 25 February, when Wall Street came to the realization that the Covid-19 outbreak could not be contained in China. The correction began as cases were spiralling out of control in South Korea and Italy, and the top Centers for Disease Control cautioned the US that, “This could be […] The post Three Ways the Coronavirus Market Correction Could Play Out appeared first on ItsBlockchain.

2020-3-25 13:35


Stablecoins Flip ETH Volume, DeFi the Primary Motor

Stablecoins on Ethereum had a cumulative transfer volume greater than its native ETH in 2019. This point indicates larger trends at play that could change the broader crypto landscape.  The Advent of Stable Money in Crypto Data from Messari Research suggests ETH’s trailing 12 month transfer volume fell from approximately $430 billion to $150 billion […] The post Stablecoins Flip ETH Volume, DeFi the Primary Motor appeared first on Cryptocurrency News.

2020-1-30 12:56


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2030: The End of Fiat Currencies?

Deutsche Bank has released a report arguing that the next decade could usher in the end of fiat currencies. Could their analysts be right? And what part does cryptocurrency have to play in that? Did Fiat Money Create Inflation? Imagine 2030, a special edition of Konzept, released by the research team at German banking giant […] The post 2030: The End of Fiat Currencies? appeared first on Crypto Briefing.

2020-1-13 08:25


Steady as She Goes

Overview Volatility is back in the cryptocurrency markets as the prices of bitcoin nosedived as much as 10 percent before stabilizing near its 5-month low at the 7400 levels. While many have been focused on Facebook’s Mark Zuckerberg’s Libra pitch in the US Congress, Google’s “quantum supremacy” claim could also be in play.

2019-10-25 14:06


Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund

After Wednesday’s crypto crash that left bitcoin trading at the $7,500 level, many investors never thought they’d see this kind of buying opportunity again. Now market leaders are predicting that the BTC price could have further to fall before regaining its upward momentum alongside improving fundamentals, which if they’re right could play out before the […] The post Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund appeared first on CCN.com

2019-10-24 18:30