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Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists

With Bitcoin seemingly finding a local top, all eyes in the crypto space have migrated to stablecoins, digital assets tied to and backed by a “stable” reserve asset. Although present in the cryptocurrency industry for 2017 and 2018, the assets have become increasingly important to the market over the past few months, as they’ve grown […] The post Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists appeared first on CryptoSlate. дальше »

2020-4-24 16:00


S&P 500 Can Drop Another 25% to 50% to Make New Lows in 2020; Bitcoin Will Follow

Yet again, we have started the week on a green note, with bitcoin trading around $6,250, up 2.25% in the past 24 hours. These gains came after bitcoin fell to about $5,830 last night. Although the digital asset is holding $5,800s, the real level bitcoin needs to hold according to trader and investor Josh Rager […] дальше »

2020-3-30 17:06


Why a veteran investor believes Bitcoin will revisit its $20,000 high within 12 months

We are in uncertain times for global markets, there’s no doubt about it; all asset classes — from Bitcoin and equities to bonds and commodities — have seen dramatic sell-offs over the past few weeks, crunched under the pressure of one of the most drastic economic and health crises ever, epitomized by the 3. дальше »

2020-3-31 20:00


Bitcoin Could “Teleport” Higher if It‘s Able to Surmount This Key Level

Bitcoin’s price action seen throughout the past few days has quite boring for traders, with the benchmark digital asset forming a relatively tight trading range between $6,600 and $6,800. This period of range-bound trading comes shortly after the crypto’s intense rebound from its recent lows within the $3,000 region, with the momentum incurred here being... дальше »

2020-3-27 21:00


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Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […] дальше »

2020-3-24 20:45


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Bitcoin Price Hitting $20k Overnight Won’t Be Surprising For Blockstream’s Adam Back

Bitcoin is currently very volatile after recording one of its greatest crashes last week and a massive recovery in the past few days. For outsiders and mainstream market investors, these huge price swings may be signals for an unreliable investment and an asset they would not likely bank on. However, in the crypto industry, this […] дальше »

2020-3-22 13:01


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Bitcoin Miners Now Unprofitable But An Unbroken S2F Model Says Weak Hands Shaken Out

Bitcoin price is currently in the red, down 1.04% in the past 24 hours while hovering around $5,300 while the volume remains near $2 billion on top ten exchanges with real volume. Altcoins are yet again following Bitcoin’s lead and seeing a jump much higher than the leading crypto asset. Bitcoin price might be feeling […] дальше »

2020-3-15 18:15


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Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. дальше »

2020-3-12 01:48


Investor Activity in Bitcoin Is ‘Fizzing Out’ As Market Undergoes A Black Swan Event

Earlier last month, Bitcoin broke above $10,000 that on-chain analyst Willy Woo said was the “real deal”. “Fundamental investment activity is backing this $10k breakout,” said Woo at that time. However, as we saw in the past few weeks, bitcoin has been acting like a risky asset following the stock market, going from above $10,500 […] дальше »

2020-3-10 17:14


This economic model shows Bitcoin on track for a 1000% climb despite recent selloff

Bitcoin (BTC) has been subjected to an unrelenting downtrend over the past few weeks, which has occurred in tandem with the selloffs seen by more traditional asset classes. This has led the digital asset to erase the bulk of its 2020 gains, and potentially invalidate the bullish market structure resulting from this recent uptrend. дальше »

2020-3-10 10:00


This Simple Indicator Shows Bitcoin Could be Poised for a Major Bounce

It has been a rough past few days for Bitcoin (BTC) and the aggregated cryptocurrency market, with the benchmark crypto’s ongoing downtrend leading most major altcoins to see capitulatory selloffs. This bout of significant downside is occurring against a backdrop of bearishness within the global markets, and BTC’s confirmed status as a “risk-on” asset seems... дальше »

2020-3-10 00:00


Bitcoin (BTC) Plunges to $8,300; Here’s What Analysts Are Thinking

Bitcoin really hasn’t done well over the past day. After printing a false breakout candle on Saturday that brought the price of the asset to $9,200, there was a rapid and violent reversal. What followed was a dramatic and steep downtrend that has taken the price of BTC as low as $8,300 just last hour (as of the time of this article’s writing), marking a 10% drop from the highs. дальше »

2020-3-8 19:21