TL;DR Breakdown BTC price to hit $400-700k Why BTC is just getting started Believed to be a result of the recent dip Bitcoin has continued to suffer this week and its long resistance from the $60,000 mark, crypto sentiment has fallen alongside these prices even as analysts predict that BTC could hit $400,000 eventually. Santiment, […]
TL;DR Breakdown Analyst predicts BTC to return to $20,000-30,000 region Minerd’s conflicting BTC price prediction Bitcoin Price today Scott Minerd, Guggenheim Global Chief Investment Officer, has said that Bitcoin price, despite trying to break the $60,000 resistance level, could plunge back to around $20,000. He made this prediction in an interview on CNN. The crypto […]
Bitcoin enters day 10 above $1 trillion market cap Altcoins drive global crypto market cap past the US banking industry Global crypto market cap hits $2 trillion for the first time The cryptocurrency market has continued its persistent growth with bitcoin entering the tenth straight day above the $1 trillion total market value since March […]
TL;DR Breakdown: Ark Invest predicted that Bitcoin’s market capitalization would surpass that of gold. An analyst at the company responded to uncertainties in BTC regulation as a complete lack of education. Analysts at Cathie Wood’s New York-based investment management company, Ark Invest, said Monday that Bitcoin market capitalization would eventually surpass that of gold, a […]
TL;DR Breakdown Grayscale premium negative for two months in a row. Waning institutional funds mainly responsible ETFs will give GBTC a good run for their money. Grayscale Bitcoin Trust (GBTC) premium has been negative for two months in a row. Since February this year, GBTC have sold for less than the Bitcoin price. What this […]
TL;DR Breakdown: Bitcoin’s volatility has been decreasing over the past few weeks, and JPMorgan says the crypto is becoming appealing to institutional investors. The bank predicts a $130,000 BTC in the long term as volatility keeps dropping. The high volatility of Bitcoin (BTC) is blamed as one of the major factors preventing mainstream adoption amongst […]
TL;DR Breakdown: Mark Cuban is holding about 90 percent of his crypto portfolio in Bitcoin and Ether. He believes that ETH is the closest to true currency.  American billionaire entrepreneur, Mark Cuba, is notably one of the big-name digital currency believers and investors. While a sizable percentage of his cryptocurrency portfolio is allocated to Bitcoin […]
TL;DR Breakdown Bitcoin price to trade at $400,000 by 2022 What happened with BTC price in 2013 and 2017? Mike McGlone, a Bloomberg strategist, has predicted that by 2022, Bitcoin price would trade at $400,000, over $350,000 more than it trades currently. He said the price of the number one cryptocurrency would only hit this […]
Flipkart Bitcoin payments are now live. Or are they? Flipkart’s latest tweet is getting all the hype as it announces Bitcoin as a mode of payment on the famous Indian e-commerce platform. Crypto fans are getting confused about how the company can offer Bitcoin payments when the government has not yet allowed cryptocurrencies to operate […]
TL;DR breakdown: Bitcoin is the best-performing institutional-grade asset in Q1 of 2021. BTC gained by over 100 percent, while precious metal gold declined by 10 percent. The leading cryptocurrency by market capitalization, Bitcoin (BTC), has been named the best-performing institutional-grade asset in the first quarter (Q1) of 2021. To a large extent, the cryptocurrency outperformed […]