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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […] дальше »

2020-11-11 17:01


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Cardano’s Network Growth Supports Bullish Trend, But ADA Must Prevail Possible Selling Pressure

Cardano hit an over 50% yearly low of $0.07 in mid-September after achieving its yearly high of $0.155 in late July, shortly before the launch of the Shelley Network. Following the successful launch of Shelley, Cardano – also dubbed the Ethereum killer and the most decentralized blockchain network – has been experiencing increased network usage. […] дальше »

2020-11-11 19:21


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XRP To Outperform Bitcoin Next Year As Price Indicator Bets It Will Have Its “Best Year Since 2017”

XRP’s multi-year-long stagnation phase could soon come to an end. According to a price indicator that has gained traction among investors, the crypto asset is set for a stellar performance in 2021. In a November 7 tweet, a financial analyst at Cane Island Alternative Advisors, Timothy Peterson, drew attention to this bullish possibility for the […] дальше »

2020-11-11 18:09


Bitcoin Overtakes PayPal Market Cap, Sets Sights On VISA, Mastercard, And Big Banks Next

Ever since news broke that PayPal would be supporting Bitcoin and other cryptocurrencies in the future, the price per BTC and the asset’s overall market cap has ballooned. And while PayPal’s support of the emerging financial tech is what started off the recent bullish impulse, the momentum has carried the top cryptocurrency’s market cap beyond the payments giant’s valuation itself. дальше »

2020-11-7 18:00


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Ethereum is Stuck Below a Crucial Level, But Analysts Aren’t Worried

Ethereum has been struggling to match the bullish price action seen by Bitcoin as of late, which has led it to consolidate around $380 The past couple of days have been no exception, and the cryptocurrency has yet to gain any bullish momentum despite BTC pushing against $14,000 It remains unclear as to when there will be an impetus for investors to rotate capital away from BTC and into ETH Once this does occur, however, […] дальше »

2020-11-5 23:00