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S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin Reminiscent of Gold Rush
27.1.2021
S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says...
Two things may result in a Bitcoin blow-off top, says on-chain analyst
26.1.2021
Prominent Bitcoin analyst, David Puell, says there are two things that could cause Bitcoin to top out in the future
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now
24.1.2021
Several prominent on-chain analysts and traders have turned short-term neutral to slightly bearish on Bitcoin as BTC struggles to reclaim $33,000
Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’
24.1.2021
While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting...
Analyst Lyn Alden Says Ethereum Is Still an ‘Unfinished Project’
20.1.2021
A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product.” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just...
Bitcoin breakout 'imminent' says hedge fund as analyst targets $48K monthly close
19.1.2021
Both Bitcoin's technicals and analysis of on-chain indicators are "wildly bullish," says Vailshire Capital Management, with BTC/USD reaching three-day highs
Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise
18.1.2021
The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets...
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Bitcoin chases new high as analyst says ‘smart money never stopped’ buying
15.1.2021
Increasing trading volume and demand from institutional investors have analysts expecting a new all-time high from Bitcoin price
Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
12.1.2021
Bitcoin and a number of other cryptocurrencies have regained some of the percentage losses they suffered this past Monday, as various crypto assets are up today between 5-25% in value. On Monday, the crypto economy dipped under the $800 billion handle after the entire market cap fell from...
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
9.1.2021
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to...
Bitcoin buying algos 'seldom care about price' in 2021, says analyst
8.1.2021
A blow-off top may yet appear but market composition has changed and 20% dips are being bought with "aggression," says filbfilb
Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’
7.1.2021
Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday...
Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
7.1.2021
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term
Financial analyst agrees Bitcoin could be 'rat poison,' but not in the way you think
6.1.2021
Even crypto industry experts might agree with Warren Buffett’s description of Bitcoin, under this interpretation
Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst
2.1.2021
Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday
Whale Sightings Become Scarce, Removing Downward Pressure on Bitcoin: Analyst
28.12.2020
Big bitcoin balance holders, or "whales," are moving less crypto onto exchanges, signaling some reduction of sell-side pressure, according to CryptoQuant
CME’s Ether Futures Indicate Institutions Will Start Buying ETH in 2021, Messari Analyst Says
27.12.2020
CME Group’s recent announcement that it will launch ether (ETH) futures on Feb. 8, 2021, is the “writing on the wall” that institutions will being buying the cryptocurrency next year, according to a pair of tweets by Ryan Watkins, an analyst at crypto data provider Messari
Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’
17.12.2020
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more...