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“# 1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB ” Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again if…
“# Bitcoin thermocap metric shows BTC price is still in the ‘low end’ of bull cycle ” Bitcoin (BTC) is still at the “low end” of a 2021 bubble, new data tracking miner and investor behavior suggests. In the latest signal that BTC price action still has major growth potential, researcher Geert Jan Cap showed…
“# The case for Bitcoin price dropping to $27K in a possible bearish scenario ” Some analysts say that the price of Bitcoin (BTC) could drop to $27,000 in a bearish scenario if it falls through the $30,000 support area. The potential drop to $27,000 is conditional in that BTC would have to break down…
“# Bitcoin meets Biden: 5 things to watch for BTC price this week ” Bitcoin (BTC) is back in familiar territory as the week begins after a weekend spent ranging in its new, albeit large, trading corridor above $30,000. With the United States presidential inauguration just days away, Cointelegraph takes a look at what else…
“# Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks ” Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s…
“# Hedge fund predicts $115K Bitcoin price and the fall of ‘speculative’ altcoins ” New data from Pantera Capital, an investment firm and hedge fund, suggests that Bitcoin’s (BTC) current price action is closely following the stock-to-follow model’s trajectory and the firm’s analysts believe BTC will reach $115,212 by Aug. 1. Bitcoin’s parabolic rally may…
“# Former Ripple CTO may have lost much more than $220M in Bitcoin ” David Schwartz, current chief technical officer at Ripple, is responding to reports his predecessor had lost access to hundreds of millions of dollars in Bitcoin. In a Quora post on Thursday, Schwartz said recent reports about former Ripple CTO Stefan Thomas…
“# Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM ” Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about $500…
“# Guggenheim CIO: ‘Speculative frenzy’ to die down, but $400k target still on ” In an interview with Bloomberg Markets on Friday, Guggenheim Partners’ chief investment officer Scott Minerd clarified his seemingly contradictory views on Bitcoin’s potential, and revealed that select Guggenheim private funds have invested in the cryptocurrency. Minerd, who oversees Guggenheim’s $275 billion…
“# DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty ” DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past several days while Bitcoin is seeing range-bound consolidation at around $35,000 as of Jan. 17. Both AAVE and SUSHI prices have risen by more than three-fold since…