According to a recent report by Bloomberg, JPMorgan Chase & Co strategists, led by Nikolaos Panigirtzoglou, have cited that Bitcoin (BTC) has to reclaim the $40k level soon or risks losing its bullish momentum and trend-following investors. The team added that the pattern of demand for BTC futures and the Grayscale Bitcoin Trust (GBTC) could […]
Nadat ons met die middeltermyn bullish struktuur gebreek het, het ons 61.8% van verlede week se reeks teruggetrek en 'n nuwe vars hoër laagtepunt gedruk. 37750 vlak wat saamvloei met die 1.618% […]
Grayscale recorded its best year in 2020 yet with massive allocations, mostly from institutional investors, despite the dramatic events that plagued that year. The cryptocurrency investment fund posted record-breaking numbers in the first three quarters of 2020 and profoundly better reports in Q4. The firm reported that the total investments in the last three months […]
The cryptocurrency industry is taking no breaks in its erratic moves. The past few weeks are testimony to this fact. Over the past few hours, Bitcoin (BTC)—and many altcoins—have recorded yet another erratic session, leading to significant liquidation across the board. Reports show that about $400 million worth of both long and short positions have […]
Bitcoin het meer as 32% gestyg sedert dit Maandag van die $32,000 XNUMX-vlak teruggespring het, en alles verhandel binne 'n baie gestruktureerde skuif. Ons het teruggetrek na die vorige gebroke vlak binne 'n bullish vlag wat massiewe verborge bullish divergensie op pad druk. As hierdie vlag uitbreek, kan ons sien dat BTC saamtrek om […]
eToro, on the largest trading platform, recently notified its users that there could be disruptions in their cryptocurrency trading services due to extreme demand. The exchange went on to explain that it was experiencing “unprecedented conditions on crypto markets,” as Bitcoin (BTC) prices and the cryptocurrency market cap are close to their highest levels in […]
Ten spyte van die versterkende institusionele beleggersbasis wat Bitcoin (BTC) versamel het, het Wall Street-kenner, Jeff Curie, opgemerk dat die mark steeds 'n groot behoefte het aan institusionele beleggingsteenwoordigheid om sy stabiliteit te ondersteun. Die hoof van kommoditeitenavorsing by Goldman Sachs het sy mening bekend gemaak in 'n onlangse onderhoud met CNBC. Voor nou het baie maatskappye […]
Strategists at JPMorgan Chase & Co have alerted that the approval of a Bitcoin exchange-traded fund (ETF) in the US could have dire consequences on Bitcoin’s (BTC) short-term price action. The proposed reason for the price drop is that an approved ETF could become a major competition for institutional investment for the world’s largest traded […]
Today has been a very volatile day for Bitcoin (BTC), albeit in favor of bears. The benchmark cryptocurrency tumbled by more than $11k, or 26%, to record a daily low at $30,250. BTC’s bearish nightmare began after it hit $42k for the first time. However, some analysts have highlighted four possible factors behind the recent […]
