Cryptocurrency Analysis and News Portal
Greg Waisman, the co-founder and COO of the fintech company Mercuryo, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.As Q1 2021 comes to an end, the leading cryptocurrencies – Bitcoin and Ethereum – started seeing a significant price drop. The drop has affected the entire
Read MoreMichael Saylor’s advocacy for BTC has received much recognition today and his commitment to Bitcoin entails a long-term HODLing strategy.Michael Saylor, the Chief Executive Officer (CEO) of business intelligence and software firm MicroStrategy Incorporated (NASDAQ: MSTR) has shared a number of bullish comments about Bitcoin (BTC), the world’s first and
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Read MoreSam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and
Read MoreBitcoin (BTC) could see further downward price pressure this week as network difficulty is set to drop the most in five months.Data from data resource BTC.com estimates that difficulty will drop by 8.3% at the next automatic readjustment in four days’ time.Difficulty set to repeat June readjustmentThe mining difficulty is
Read MoreBitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection. Cryptocurrency market overview from Coin360Data from Cryptox Markets, Coin360 and TradingView show volatility rising during Wednesday after BTC/USD hit $13,850.After failing to reach $14,000, uncertain conditions prevailed, culminating in a brief
Read MoreBitcoin (BTC) has recently seen ample interest from a number of mainstream companies and persons, such as billionaire hedge funder Paul Tudor Jones. This could be the beginning of a new wave of Bitcoin buyers, according to Brian Estes, chief investment officer and managing partner at Off The Chain Capital —
Read MoreBitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind.In a series of tweets on Oct. 26, the Morgan Creek Digital co-founder, also known as “Pomp,” took critics to task over their accusations that Bitcoin was
Read MoreIn a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive
Read MoreThe previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly high was printed, while the dollar has been showing weakness as well. Next to
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