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Guggenheim CIO Scott Minerd Warns of a Crypto ‘Washout’ Similar to the Internet Bubble
22.12.2022
Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto...
Economist Peter Schiff Warns Bitcoin May Not Rise When Other Financial Assets Rebound
21.12.2022
Gold bug and economist Peter Schiff has warned that the price of bitcoin may not rise when other financial assets rebound, even though the crypto fell alongside them. “The bitcoin bubble popped and collectors will be selling no matter what happens to financial assets,” he predicted....
4th Quarter Market Outlook: The CoinDesk Digitization Index (DTZ)
20.12.2022
Digitization protocols making up the DTZ lost a combined 24% over the period
4th Quarter Market Outlook: The CoinDesk Culture & Entertainment Index (CNE)
20.12.2022
Among the constituent indexes making up our main market measure (CMIX), the CNE performed worst, losing 35% over the period
4th Quarter Market Outlook: The CoinDesk Computing Index (CPU)
20.12.2022
Computing protocols in the index lost a combined 21% over the period, with Mask Network the best performer and JasmyCoin the worst
4th Quarter Market Outlook: The CoinDesk DeFi Index (DCF)
20.12.2022
4th Quarter Market Outlook: The CoinDesk Smart Contract Platform Index (SMT)
20.12.2022
4th Quarter Market Outlook: The CoinDesk Currency Index, Excluding Stablecoins
20.12.2022
CoinDesk Market Outlook: 4Q Crypto Gloom Spills Into 2023
20.12.2022
A comprehensive fourth-quarter review and outlook of crypto markets, based on the CoinDesk Market Ex Stablecoins Index (CMIX) and sector indices
Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%
14.12.2022
The miner cited delays in building out a mining facility by one of its partners, Lancium
Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook
14.12.2022
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning
13.12.2022
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world...
XRP faces resistance from 100 EMA; Outlook turns positive!
7.12.2022
XRP slips to the seventh spot as three stablecoins dominate the top 6 spots. Having declined 55% in the last year, even months’ movement has moved negatively. XRP has been a dominant force in applying its decentralized ledger technology, XRP ledger, for microtransactions, DeFi, and even...
Solana tumbles to historical lows; outlook shows failing hype!
29.11.2022
Within a couple of weeks, Solana has tumbled from being ranked amongst the top ten cryptocurrencies with disruptive applications showcased as the ETH-killer. Considering the price action showcased in the previous year till 2021, the expectation from SOL was at an all-time high when it touched...
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
8.11.2022
The miner is targeting 9 EH/s for the end of the year, but maintains it will reach 23 EH/s by the middle of 2023
A positive outlook on the current situation of Web3
31.10.2022
A decentralized autonomous organization (DAO) is the community in the metaverse that showcases expressions and opinions about Web3 on the whole. Therefore, the current need of the hour is to have a deeper understanding and further study exactly what this entails. The first phase in this process...
Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended
31.10.2022
Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt...
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
26.10.2022
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by...