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 […]
Post rompi kun la meztempa alcista strukturo ni retroiris 61.8% de la gamo de la pasintsemajne kaj presis novan freŝan pli altan malaltiĝon. Prezo komercas ene de alcista flago kaj rompo de la flago povus katapulti prezon por retesti la strukturon altaĵojn ĉirkaŭ la 37750-nivelo kiu kunfluas kun la 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 kolektis pli ol 32% pro tio ke ĝi resaltis de la $ 32,000-nivelo lundon ĉiu komercado ene de tre strukturita movo. Ni retiriĝis al la antaŭa rompita nivelo ene de alcista flago presanta masivan kaŝitan alcista diverĝo survoje. Se ĉi tiu flago eksplodus, ni povus vidi BTC amasiĝi al [...]
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 […]
Malgraŭ la fortiga institucia investanta bazo Bitcoin (BTC) kunvenis, eksperto de Wall Street, Jeff Curie, rimarkis, ke la merkato ankoraŭ bezonas signifan institucian investan ĉeeston por subteni sian stabilecon. La estro pri esplorado pri varoj ĉe Goldman Sachs konigis sian opinion en lastatempa intervjuo kun CNBC. Antaŭ nun multaj kompanioj [...]
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 […]
