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Saylor Effect: Will Zynga Use Convertible Notes To Buy $750M In Bitcoin?

Mobile games maker Zynga, known best for Words With Friends and Farmville, has revealed a $750 senior convertible note offering that could potentially end up in Bitcoin.   Here are all the oddly coincidental details that mimic the timing of the Michael Saylor-led MicroStrategy convertible note offering that was used to purchase a large sum of the cryptocurrency. дальше »

2020-12-15 18:30


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Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear

Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […] дальше »

2020-12-9 23:00


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Dan Tapiero: Influx of Institutional Money Could Push Bitcoin Price to $500,000 in 5 Years

A renowned gold investor and Bitcoin bull Dan Tapiero has made the case for a $500,000 Bitcoin price in 5 years. Speaking during a podcast with Anthony Pompliano, Tapiero said that $15 trillion could potentially flow into Bitcoin and push the price to $500,000, representing 20-30x of Bitcoin’s current price level. “In the next five […] дальше »

2020-11-27 12:26


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Bitcoin Faces Drop Under $16,000: What Analysts Think Is Next

After holding above $16,000 and pushing above $16,400, Bitcoin has faced a drop. The coin currently trades for $15,800, slightly below the aforementioned highs but still above key support levels. Some analysts expect the market to consolidate further in the days ahead, potentially after one more leg higher. Yet there are signs that the market […] дальше »

2020-11-14 22:00


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Hedge Fund Titan Ray Dalio Foresees Governments Banning Bitcoin If It Becomes A Roaring Success

Ray Dalio, hedge fund titan, and well-known bitcoin skeptic says governments could potentially “outlaw” bitcoin and other cryptocurrencies should they become too successful. Dalio is the founder of Connecticut-based Bridgewater Associates hedge fund which has approximately $160 billion assets under management. дальше »

2020-11-12 21:19


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Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin

The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […] дальше »

2020-11-9 21:00


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DeFi sector struggles as Bitcoin sees another surge

Both Bitcoin (BTC) and the DeFi sector have grown side-by-side in 2020 following the mid-March global economy meltdown, but now, the two started moving in the opposite direction. As Bitcoin price recently surged, the DeFi sector started seeing a significant decline, which caused some to start speculating about the two potentially being connected in some way. дальше »

2020-11-3 17:31


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Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level

Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […] дальше »

2020-11-1 22:00


Alibaba Founder Jack Ma: Digital Currencies are the Future of Financial System

Alibaba Group founder Jack Ma talked about digital currencies, potentially playing an important role in building the financial system of the future. Ma at the Bund Summit in Shanghai said, “Digital currency could create value, and we should think about how to establish a new type of financial system through digital currency. дальше »

2020-10-26 19:28


Much Ow! Dogecoin Sets New All-Time Low Against Bitcoin On Binance

Dogecoin, a cryptocurrency based on the Shibu Inu meme and often an important health indicator of the altcoin market, has just set a new all-time low against Bitcoin on Binance. What does this potentially say about altcoins in general, and will Dogecoin investors experience much “ow” instead of “wow” when Dogecoin tanks further against BTC? […] дальше »

2020-10-21 23:00


Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1 2021

The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But while altcoins had regained some lost ground against the most dominant cryptocurrency, BTC dominance has potentially reversed, and if closes […] дальше »

2020-10-20 20:00


Bitcoin Likely to Reach $12,000 Following Robust Weekly Close, Claims Trader

Bitcoin’s price has been sliding lower throughout the past few hours due to its stalling momentum This decline is occurring directly following an incredibly bullish weekly candle close posted by the cryptocurrency Analysts believe that this close will provide it with some serious strength going forward, potentially putting a firm end to its recent downtrend It is important to note that there is a CME gap that exists around $11,100, which may act as a […] дальше »

2020-10-13 21:00


Negative Funding Could Act as a Launchpad for a Massive Bitcoin Rally

Bitcoin’s recent consolidation phase has come about concurrently with traders stacking up on short positions This indicates that they expect the turbulence within the traditional markets to continue suppressing BTC’s price action, potentially leading it lower in the weeks ahead That being said, this has caused negative funding rates to surge as of late, making it costly to be short Historically, funding rates – when slanted towards one direction for extended periods – work as […] дальше »

2020-10-6 02:00


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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00

Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […] дальше »

2020-9-30 00:00


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Here are the Key Factors Helping to Drive Bitcoin’s Price Lower

After a short bout of trading above $11,000, Bitcoin has witnessed massive inflows of selling pressure that have slowed its ascent and stopped it from seeing any major upside The cryptocurrency is now at grave risk of seeing further losses, with analysts noting that it may soon visit its key $10,200 support A break below this level could lead to serious losses, with bears potentially moving to fill the CME gap that exists around $9,700 […] дальше »

2020-9-23 21:00


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […] дальше »

2020-9-21 22:00