Cryptocurrency Analysis and News Portal
Bitcoin and ether are soundly beating nearly all major global equities indices on the year. Of the two, ether is handily beating bitcoin’s price performance when the market is moving higher. The second-largest cryptocurrency by market capitalization, ether (ETH) is trading around $243 and climbed less than a percent in 24
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For investors looking to bet on the coming adoption of digital assets, there might be a stock for that: Shares of the cryptocurrency retail broker Voyager Digital are outperforming this year, with triple the year-to-date returns of bitcoin. Crypto markets, just 11 years old, are evolving fast, with more than 5,500 digital-tokens now in existence, many
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While bitcoin has outperformed gold and the S&P 500 index in 2020, data shows even better returns among leading bitcoin “fork” cryptocurrencies. These cryptocurrencies are created by copying the Bitcoin source code repository through a process called “forking.” Developers then adjust certain parameters and features in the copied code to
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[sociallocker id="55298"] Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year.According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.”Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel
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[sociallocker id="55298"] Bloomberg analysts are the latest to jump on the bandwagon of experts expecting bitcoin to revisit its record high in 2020. The bold prediction is largely based on the fact that price action seen over the last 2.5-years looks similar to the patterns over the 2.5-years following the leading
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[sociallocker id="55298"] The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017, and may even go as high as $28,000.COVID-19 & Institutions helping BitcoinThe report suggests that COVID-19 has accelerated Bitcoin’s maturation as an asset, showing its strength amid declining equities.
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[sociallocker id="55298"] Bitcoin investors seem to have matured with the market. While the crypto space is infamous for attracting a lot of new traders looking to make a quick buck, on-chain data indicates “buy-and-hold” has steadily become the preferred approach for the majority. Shifting to HODL Cryptocurrency market intelligence firm Glassnode shared
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According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve
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The People’s Bank of China has revealed plans to have its sovereign digital currency ready in time for the 2022 Winter Olympics. The announcement comes as the Covid-19 pandemic has accelerated a shift away from paper money. Limited trials are already underway in Shenzhen, Suzhou, Chengdu and the Xiongan New Area
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Despite the massive downturn on the real estate market, realtors in America are still hopeful they will see a rebound next year. However, some speculators believe the drop in pending contract sales and property values will drop even more soon. How will Bitcoin react?If we take a look at the
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