John McAfee’s “Special Meal” Awaits in December, Unless Bitcoin Hits $500,000. But at a little over $9,000 in Q2, his target for Bitcoin is way off and now that it is time to pay the piper, the renowned bitcoin/crypto advocate is changing his tune. Unfortunately for John McAfee the internet Read more…
Despite the 150% rally from the March capitulation lows, there remain many that remain macro bearish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital and a prominent gold proponent. He recently argued that while he expects gold to rally, he still thinks Bitcoin is embroiled in Read more…
‘Not so bearish’ patterns are surfacing and Bitcoin looks prepared to move past the $9,000 range. The king coin had been trading sideways throughout the week as Bitcoin trifled with the higher ends of $9,000. Not very much has changed in price movement, yet the constant sideways move is another indication that Read more…
In what seems to be an attack on twitter, famous celebrities like Elon Musk and few major crypto twitter accounts were used to roll out a seemingly bitcoin scam. The fake posts include a BTC address and promises anyone double returns on their deposits. #TwitterHacked Trending with Account Including Elon Musk Read more…
New York-based crypto-fund manager Grayscale today reported a record $906 million in crypto inflows in the second quarter of 2020 — nearly double its previous record set in Q1 at $500 million. The new data suggest that institutional investors, dominated by hedge funds, have been scooping up Bitcoin products, despite Read more…
Ethereum is currently undervalued and is poised to increase in the long-term, potentially reaching market cap parity with Bitcoin, some analysts claim. Ethereum Might Be Bullish In the Long-Term As Ethereum is getting closer to its 5th anniversary, some market onlookers are waiting for its revival, especially amid the context of Read more…
Trading in financial markets can be a profitable but also dangerous endeavor. It requires knowledge, skills, and experience no matter the market traders are employing. Of course, gaining experience could be related to actually registering losses but it could also help to learn from traders with a long history in Read more…
Boris Schlossberg, the managing director of FX Strategy at BK Asset Management and a long-time bitcoin bear, has joked gold is the “real bitcoin” when commenting on the precious metal’s rise to a near nine-year high. Schlossberg’s comments came on CNBC’s “Trading Nation,” where said stimulus form global central banks that fuelled Read more…
According to Mr. Edwards, the price of the flagship cryptocurrency needs to reach at least the $9,230 level in order to confirm the bullish stage of the ‘Hash Ribbon’ cycle. The ‘Hash Ribbon’ indicator is based on a correlation between a 1-month simple moving average (1M SMA) and a 2-month simple moving average Read more…
In a recent interview, former NFL player, professional investor, financial markets analyst, and a CNBC contributor Jon Najarian talked about how he invests in crypto (and especially Bitcoin) for his personal portfolio. According to his CNBC bio, Najarian was a linebacker for the Chicago Bears, one of the teams in the National Football League (NFL), which Read more…