Grayscale has a 70% chance of winning the case against SEC: Analyst

2023-3-13 12:30

Bloomberg analyst Elliot Stein gave his insights on Grayscale's lawsuit against the SEC. The analyst believes that a ruling in the case is likely in the first half of 2023. Elliot Stein, a sThe post Grayscale has a 70% chance of winning the case against SEC: Analyst appeared first on AMBCrypto.

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Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it

Key Takeaways Inflation in Argentina is now near 100%, as savings in the peso are getting crushed Bitcoin, despite collapsing in the last year, is up in peso terms Weak currencies are often cited as benefits of Bitcoin, but in the case of Argentina, it would be worse, writes our Analyst Dan Ashmore  Stablecoins present […] The post Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it appeared first on CoinJournal.

2023-2-18 20:08


Bitcoin Hash Rate Registers New Highs, A Selloff Imminent?

Based on CryptoQuant data, one observer notes that whenever the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades.   Extending this preview on current BTC rates, the analyst predicts that prices may rise above the current resistance level at $23,800 to $25,500 before dumping below immediate support lines towards $20,000, or worse.

2023-1-27 11:43


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$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as […]

2021-6-21 08:30


Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […]

2020-9-4 23:00


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Analyst on Bitcoin: Wall Street Isn’t Ready For What’s Next

Bitcoin price just set a new yearly high after pushing above $12,000 and may be gearing up for an explosive move higher. The first-ever cryptocurrency may be finally entering a new uptrend. If this is the case, and the asset continues to follow the stock-to-flow model, Wall Street may be left in shock after having to adjust their chart settings to keep up with Bitcoin’s logarithmic growth.

2020-8-19 18:16


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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […]

2020-7-15 02:00


Despite COVID-19 crisis, one analyst says Bitcoin’s macro case has “never been more obvious”

Both Bitcoin and the equities market have mounted a strong comeback from their lows, but there are still storm clouds brewing on the horizon for the economy and for society more broadly. The post Despite COVID-19 crisis, one analyst says Bitcoin’s macro case has “never been more obvious” appeared first on CryptoSlate.

2020-5-22 21:00


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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact

Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […]

2020-3-23 00:42


Top Crypto Analyst Lays This Case for 100% Cardano (ADA) Price Surge

Near the top of the Bitcoin bull market in 2018, Cardano (ADA) was dominating. Everything. Aside from a few select altcoins in Ethereum, XRP, and BCH, ADA was at the top of the market, rallying on a seemingly strong team and the promise of Cardano becoming the next leading blockchain that could service everything and... The post appeared first on NewsBTC.

2020-1-22 12:28


Hodlonaut’s case with Craig Wright gets dismissed, new battle to take place in Norway

Hodlonaut has claimed a small, but significant victory against Craig Wright, as his libel case against the anonymous Twitter analyst has been dismissed by the High Court of Justice in the U. K. According to Hodlonaut, the legal battle will continue in Norway, as the court ruled the country had jurisdiction over the matter.

2020-1-16 17:42


Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom

Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […]

2019-12-8 19:05


Horizen (ZEN) ranked first by active nodes, while Bitcoin (BTC) second

A renowned analyst is making a compelling case for ranking cryptocurrencies. Instead of taking into account their market capitalization, he puts emphasis on the number of nodes instead. CoinMarketCap rankings are “nonsense” Aat de Kwaasteniet, a former electrical designer at Vialis, explained in a Medium post that the way CoinMarketCap ranks cryptocurrencies is “highly questionable.

2019-12-1 21:19


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