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Why This Respected Fund Manager Sees DeFi Thrusting Ethereum 4000% Higher To A Trillion-Dollar Market Cap

Some investors are still wary of a March-like market correction. With crypto markets, you can never predict, of course. For instance, who could have foreseen such a massive crash in mid-March, and who could have also seen the swift recovery from the painful lows? Ethereum has recovered over 120% from the lows of March. However, […] дальше »

2020-6-20 14:34


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Bitcoin Buyers Defend Crucial Support Level, Boosting the Bull Case

Bitcoin and the aggregated cryptocurrency market have been caught in the throes of an unrelenting consolidation phase over the past few weeks This has muddied the clarity that many analysts previously had regarding the strength of the market’s multi-week uptrend It does appear that buyers got a much-needed boost overnight, however, as bulls were able to post a potent reaction to its key support Analysts are now eyeing a few key factors for insight into […] дальше »

2020-6-20 21:00


Chief Investment Officer Calls For Violent Stock Market Reckoning, How Will Bitcoin Respond?

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does […] дальше »

2020-6-20 19:00


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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows

Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »

2020-6-18 02:00


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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

2020-6-18 21:00


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Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K

Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours later, however, the cryptocurrency rebounded to as high as $9,500 after the Fed announced it will begin purchasing individual corporate debt. […] дальше »

2020-6-17 14:26


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Whale Numbers Spring Up, Revealing Positive Market Sentiment For Bitcoin $10K Breakout

Another heavy brushoff from $10,000 is making investors and traders uncomfortable as Bitcoin continues waning, currently trading at $9,400 at the time of writing. Clearly, all the rejections are not exactly a good thing for Bitcoin’s sentiment, however, it’s notable that bears aren’t getting an extensive correction. BTC has lost the daily 12-EMA and the […] дальше »

2020-6-13 14:59


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New research debunks claims of Grayscale buying over 30,000 Bitcoin since halving

Cryptocurrency Research Firm Messari has debunked claims of Grayscale adding over 30,000 BTC to their Bitcoin Trust since the halving. On the 5th of June, ZyCrypto reported on claims of Grayscale securing over $279 million worth of Cryptocurrencies, particularly Bitcoin from investors since the Bitcoin halving event that took place four weeks ago. However, according […] дальше »

2020-6-13 23:02


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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?

Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »

2020-6-12 02:00


BTSE Crypto Exchange Launches Bitcoin-Denominated, Tether Gold (XAUT) Futures Contracts

Bitcoin (BTC) has long been referred to as ‘digital gold’ with the prospect of becoming a store of value. However, the digital coin has not lived to its said expectations to the shiny metal but one exchange is aiming to change this with the launch of Bitcoin priced futures tracking the price of Tether Gold […] дальше »

2020-6-12 19:59


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Report Shows That 25% of Major Institutions are Long on Bitcoin

Institutions have long been looked upon as the group that could help boost the crypto markets up to fresh all-time highs It does, however, appear that many big-name institutions already have long exposure to Bitcoin and other digital assets This exposure may still remain fairly limited, giving the market significantly further room for growth in the months and years ahead Ever since Bitcoin and the aggregated crypto market began their multi-year downtrend in 2017, investors […] дальше »

2020-6-11 02:00


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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »

2020-6-10 02:00