Cryptocurrency Analysis and News Portal
Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows.Bitcoin-focused funds took in $69 million, according to a report published Monday by CoinShares. It was the third straight week of inflows for bitcoin funds, pushing the cumulative intake
Read More
Cathie Wood, the CEO of Ark Investment, has doubled down on her prediction that the price of Bitcoin will grow by tenfold in the next five years, and said the growth of DeFi, NFTs and the Eth2 upgrade has massively increased Ark’s confidence in Ether’s future.Wood’s prediction would value Bitcoin
Read More
According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices. Ethereum network congestion also peaked on Sept. 7 when the average transaction fee reached $60, and since then it has remained
Read More
Bitcoin closed the month of April at a value of $57,630Bitcoin would push higher to a local peak of $58,458 – Binance rateBTC traders are not too convinced that the push to $58k is a bullish oneInstitutional investors are still accumulating BitcoinBTC analyst, MagicPoopCannon, still believes Bitcoin could hit $80k
Read More
Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday. Source
Read More
Bitcoin’s recent mining rewards halving that took place just a couple of months ago went off without a hitch and has had a negligible adverse impact on the dynamics seen amongst the cryptocurrency’s miners.This comes despite what many analysts had previously believed, as some had been calling for an imminent
Read More
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country.According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June.Citizens who have
Read More