Monday, November 4, 2024
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Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility

“This marketing strategy worked, and the implication is Coinbase could have just signed up enormous new users in 1Q22, at a reasonable cost,” according to Oppenheimer’s Owen Lau. Lau, who maintains an outperform recommendation on the stock, said in a note to clients that this may lead to a jump

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New research expects a gloomy year for Bitcoin as DeFi and DAOs rise

Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the United States Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On the brighter side, decentralized finance (DeFi) will continue

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A Chilling Bitcoin “Death Cross” Reappears With a Gloomy Stocks Correction

Bitcoin has formed a “Death Cross” pattern on its daily chart as price slips ahead of the New York opening bell.The cryptocurrency’s 50-day simple moving average today closed above its 20-day exponential moving average.The pattern surfaced as the U.S. futures signaled a negative session ahead. Bitcoin and the S&P 500

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Intensely Bearish BTC Futures Market Predicts Gloomy 2020 for Bitcoin Price

Bitcoin options traders on a major bitcoin futures market are expecting the bitcoin price to keep cooling through June 2020.If their market consensus projections hold true, bitcoin’s price won’t be getting a boost from May 2020’s halving.On the bright side, bitcoin futures are pricing in a 4% probability of a

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