Cryptocurrency Analysis and News Portal
A macro fund with moderate exposure in Bitcoin and Ethereum markets has yielded 29.67 percent gains in mid-Q2.The so-called “cryptocurrency basket” in the Albright Investment Group’s portfolio performed better than stocks, ETFs, gold, and silver.Co-founder Victor Dergunov, meanwhile, noted that there might be pullbacks ahead.Bitcoin and Ethereum emerged as star
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From the all-time high of $1,400, Ethereum is down by approximately 80%.Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is much worse than that of Bitcoin. From its all-time high of $20,000, BTC is down less
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While Bitcoin has seen its fair shares of rallies and crashes since the 2017 highs of $20,000, the cryptocurrency has not yet entered its fourth macro market cycle. Though a crucial on-chain indicator signals that this is changing.Related Reading: There’s an Unexpected Silver Lining to J.K. Rowling’s Bitcoin TiradeBitcoin on
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Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset bitcoin will go from a
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Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is “fucked,” a damning new macro report concludes.Originally published to clients on March 30, the report from Global Macro Investor dubbed “The Unfolding” paints a dismal future for the financial market.Pal: Boomers “will sell every
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Bitcoin could retest the $13,000 range in the next two months, according to a macro technical indicator.The cryptocurrency’s monthly chart shows that it was trending downwards inside a ‘Falling Wedge.’ It formed lower highs and lower lows, leading to the formation of a contracting price range. As it did, the
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Marty Bent is the author of one of the most popular daily Bitcoin newsletters and co-host of Tales From The Crypt. In this end of year interview with The Breakdown, he talks about the macro context - from trade wars to pressure on the fed to continue and expand the
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Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery.As Bitcoin enters the last month of 2019, will the king of cryptocurrencies finish on a bullish rally, or fall to a yearly low?Daily crypto
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As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the price started to accelerate downwards to the next support areas, causing the price to drop $1,000 within one day.Crypto market
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